The specialised screening committee will examine the profile, which may include a presentation of the project by the promoters. The Corporation shall accept the proposal for detailed appraisal, once it is cleared by the above mentioned committee. The Corporation shall decide about the proposal considering all the aspects of the case through a delegated authority of the sanction. The Corporation also assists in arranging underwriting commitments both from institutional and private underwriters. MPFC also assists in public issue subscription through its wide network of zonal and branch offices spread over the state and of brokers, sub-brokers and other market intermediaries.
Reports are prepared for technology oriented projects, and for innovative items.
3rd September 2001. Errors and Omissions Excepted.