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We design the most efficient strategy for submitting and managing your subsidies, incentives, and grants. We customize our services to meet your requirements and offer specific knowledge at any time during the project’s cycle.
We are a one-stop solution provider for Government subsidies, incentives and grants. With you, we design an efficient strategy for the submission and management of your grants and incentive applications. We customize our services to your requirements and offer specific capabilities at any time in the development process.
What We do:
We aid Start-ups, SMEs, MSME and large units in receiving monitoring and executing successful applications for subsidies and receiving the assistance they require. We have a long-standing reputation as a top-of-the-line grant and incentives consultant. We have specialized knowledge of subsidy and know-how. Contact us for a meeting an informal, non-committal meeting!
Check on eligibility under applicable subsidy policy:
Support and hand holding throughout the process
Application for Subsidy and incentives:
Project management and reporting:
i) Central & State Incentives:
Sr No | Subsidy Scheme Name | Ministry | Description | Visiting link to know more | Applicability | ||||||||||||||||||||||||||||||||||||||
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1 | Amended Technology Upgradation Fund Scheme (ATUFS) | Ministry of Textiles, Govt. of India | Scheme Summary/key features:
ATUFS scheme will provide one-time capital subsidy for investments in employment and technology intensive segments of textile value chain keeping in view promotion of exports and import substitution. This is a credit linked scheme and projects for technology upgradation covered by a prescribed limit of term loans sanctioned by the lending agencies only will be eligible for grant of benefits under the scheme. Second hand machinery will not be eligible. The scheme will be effective till 31 March 2022.
Eligibility: Only those entities that fall under the following sectors are eligible to apply:
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https://www.startupindia.gov.in/content/sih/en/government-schemes | Central | ||||||||||||||||||||||||||||||||||||||
2 | Integrated Development of Leather Sector (IDLS) Scheme | Ministry of Commerce & Industry Govt.of India through Council for Leather Exports(CLE) | Scheme summary/key features: IDLS Scheme provides investment grant for modernization, technology up gradation and capacity expansion in all segments of the leather industry. The scheme provides financial assistance @ 30% of the cost of plant and machinery for SSI units and 20% of the cost of the plant and machinery for Non-SSI units, subject to a ceiling of Rs.200 lakh (@ 20% to all units above the assistance of Rs.50 Lakh). The IDLS Scheme is implemented through multiple agencies The DIPP has taken a decision that the financial assistance / investment grant under the IDLS Scheme would be approved for tanneries operating in all parts of the country, subject to submission of certificate from Department of Industries of State Government / State Pollution Control Board regarding compliance of environmentally sound waste water management by the applicant unit(s). Eligibility: All existing units in leather footwear and accessories industries including tanneries leather goods saddlery, leather footwear non leather footwear and footwear component sector having cash profits for 2 years undertaking viable and bankable programmes on technology upgradation on or after 1st January 2016, Amount or Percentage of subsidy: Back end subsidy as mentioned in scheme summary above | http://leatherindia.org/ | Central | ||||||||||||||||||||||||||||||||||||||
3 | Credit Linked Capital Subsidy Scheme for Technology Upgradation (CLCSS) | Ministry of MSME,Govt.of India | Scheme summary:
The Scheme aims at facilitating Technology Upgradation of Micro and Small Enterprises by providing 15% capital subsidy [ceiling of 15 lakh] on institutional finance availed by them for induction of well-established and improved technology in approved sub-sectors/products.
The admissible capital subsidy is calculated with reference to purchase price of Plant and Machinery. Maximum limit of eligible loan for calculation of subsidy is 100 lakh. Operational Procedure under CLCSS scheme is now online and a paperless process
Eligibility: Small and micro-enterprises that belong to -sub-sectors specified by the Ministry of MSME will be deemed eligible for this subsidy scheme.
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https://my.msme.gov.in | Central | ||||||||||||||||||||||||||||||||||||||
4 | Technology & Quality Upgradation Support for MSMEs (TEQUP) | GMinistry of MSME, Govt. of India | Scheme summary/key features: Cost of energy is an important component of the cost structure in any manufacturing process. As such, to reduce production costs and remain competitive, MSMEs need to focus on economising on energy use. The first objective of the present Scheme is to sensitize the manufacturing MSME sector in India to the use of energy efficient technologies and manufacturing processes so as to reduce cost of production and the emissions of GHGs. Activities under the scheme are: I. Capacity Building of MSME Clusters for Energy Efficiency/Clean Development Interventions and other technologies mandated as per the global standards. ii. Implementation of Energy Efficient Technologies (EET) in MSME units. iii. Setting up of Carbon Credit Aggregation Centres (CCA) for introducing and popularising clean development mechanism (CDM) in MSME clusters. iv. Encouraging MSMEs to acquire product certification/ licences from National/International bodies and adopt other technologies mandated as per the global standards. v. Study of Impact of the scheme, administrative and other miscellaneous items. Eligibility: MSME clusters identified Amount or percentage of subsidy: Towards organizing the awareness programmes, the Government of India will provide financial support to the extent of 75% of the actual expenditure, subject to maximum Rs.75,000/ - per programme (Average cost of one programme is expected to be Rs. 80,000). The Government of India will provide financial support to the extent of 25% of the project cost for implementation of Energy Efficient Technologies (EET), as per the approved DPR. The maximum amount of GOI assistance from the scheme will be Rs.10 lakhs (Average subsidy for one EET project is estimated to be Rs. 5.0 lakh). For setting up CCA centres The Govt. of India will provide financial support to the extent of 75% of the actual expenditure, subject to a maximum Rs.15 lakh for establishing each of these centres. (Average cost of setting up of one CCA is expected to be Rs. 15.0 lakh). The remaining expenditure will have to be met by the implementing agency/ SPV through collection of users’ charge For acquiring product certification licences from national/international bodies MSME manufacturing units will be provided subsidy to the extent of 75% of the actual expenditure, towards licensing of product to National/International Standards. The maximum GOI assistance allowed per MSME is Rs.1.5 lakh (Average Rs. 0.75 lakh) for obtaining product licensing /Marking to National Standards and Rs. 2.0 lakh (Average Rs. 1.50 lakh) for obtaining product licensing /Marking to International standards | http://www.dcmsme.gov.in/schemes http://www.dcmsme.gov.in/scheme | Central | ||||||||||||||||||||||||||||||||||||||
5 | Government Subsidy for Small Business for Cold Chain | Ministry of Food Processing Industries, Govt. of India | Scheme summary/key features: The objective of the scheme of Cold Chain, Value Addition and Preservation Infrastructure is to provide integrated cold chain and preservation infrastructure facilities without any break from the farm gate to the consumer. It covers pre-cooling facilities at production sites, reefer vans, mobile cooling units as well as value addition centres which includes infrastructural facilities like Processing/Multi-line Processing/ Collection Centres, etc. for horticulture, organic produce, marine, dairy, meat and poultry etc. Eligibility: Individual, Groups of Entrepreneurs, Cooperative Societies, Self Help Groups (SHGs), Farmers Producer Organizations (FPOs), NGOs, Central/State PSUs etc. with business interest in Cold Chain solutions are eligible to setup integrated cold chain and preservation infrastructure and avail grant under the Scheme Amount of subsidy or percentage: For storage infrastructure including Pack House and Pre cooling unit, ripening chamber and transport infrastructure, grant-in-aid @ 35% for General Areas and @ 50% for North East States, Himalayan States, Islands & ITDP Areas, of the total cost of plant & machinery and technical civil works will be provided. (b) For value addition and processing infrastructure including frozen storage/ deep freezers associated and integral to the processing, grant-in-aid @ 50% for General Areas and @ 75% for North East States, Himalayan States, Islands & ITDP Areas, will be provided. (c) For irradiation facilities grant-in-aid will be provided @ 50% for General Areas and @ 75% for North East States, Himalayan States, Islands & ITDP Areas | http://mofpi.nic.in/ | Central | ||||||||||||||||||||||||||||||||||||||
6 | Extension of Financial Assistance to Coir units in the Brown Fibre sector | Ministry of MSME, Govt. of India | Scheme summary/key features: The Coir Board runs a scheme for financial assistance to the coir units in the brown fibre sector. Eligibility: Coir Units desiring to avail of the assistance under the scheme should be registered with the Coir Board under the Coir Industry (R&L) Rules 1958 and also with the Industries Department of the State in which the Unit is located. Assistance under the scheme will be extended only to units outside the cooperative fold. The Units for extraction of coir fibre / spinning of coir yarn should be located in areas with adequate availability of coconut husk / coir fibre. Amount or percentage of subsidy: The rate of financial assistance under the scheme is 25% of the cost of equipment and infrastructural facilities subject to certain ceiling limits based on the type of unit | http://coirboard.gov.in | Central | ||||||||||||||||||||||||||||||||||||||
7 | Scheme for Extension of Financial Assistance for Generator Set / Diesel Engine | Ministry of MSME, Govt. of India | Scheme summary/key features:
The purpose of the scheme is to give one-time subsidy to fibre/ curled coir production units in the brown fibre sector to carry out production at periods of power cut/ low voltage and to ensure supply of brown fibre and curled coir to meet the requirements of rubberized coir products, coir rope, yarn and mats and matting sectors.
Eligibility: The units which satisfy the following are only eligible for subsidy under the scheme.
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http://coirboard.gov.in | Central | ||||||||||||||||||||||||||||||||||||||
8 | Marketing Assistance Scheme by NSIC | Ministry of MSME, Govt. of India | Scheme summary/key features
The marketing assistance scheme provides assistance for the following activities:
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https://www.nsic.co.in/schemes | Central | ||||||||||||||||||||||||||||||||||||||
9 | ISO 9000/ISO 14001 Certification Reimbursement Scheme | Ministry of MSME, Govt. of India | Scheme Summary/key features: The scheme provides incentives to those SMEs/ancillary undertakings who have acquired ISO 9000/ISO 14001/HACCP certification. The scheme is enlarged so as to include reimbursement of expenses for acquiring ISO 14001 certification.Eligibility: Permanent registered micro and small enterprises (MSEs) are eligible to avail the incentive scheme. The scheme is applicable to those MSEs/ancillary/SSSB units who have already acquired ISO-9000/ISO-14001/ HACCP certification. Amount or percentage of subsidy: The scheme envisages reimbursement of charges for acquiring ISO-9000/ISO- 14001/HACCP certification to the extent of 75% of expenditure subject to a maximum of Rs.75,000 in each case. | https://my.msme.gov.in/ | Central | ||||||||||||||||||||||||||||||||||||||
10 | Marketing support/Assistance to MSMEs (Bar code) | Ministry of MSME, Govt. of India | Scheme summary/key features: Under this scheme the Ministry conducts seminars and reimburses registration fees for bar coding in order to encourage MSEs to use bar-codes.The basic objective of this scheme is to enhance the Marketing competitiveness of Micro & Small Enterprises (MSEs Eligibility: Those MSEs who have Entrepreneurial Memorandum Part- II acknowledgement number from Directorate of Industries/ District Industries Centres and also have registration with GS1 India for use of Bar Codes are eligible Amount or percentage of subsidy: 75% of one-time registration fee and annual recurring fee (for first three years) paid by MSEs to GS1 India (GS1 India, an autonomous body under Ministry of Commerce & Industry, Government of India. | https://www.startupindia.gov.in | Central | ||||||||||||||||||||||||||||||||||||||
11 | Support for Entrepreneurial and managerial development of SMEs | Ministry of MSME, Govt. of India | Scheme summary/key features: The Scheme provides early stage funding for nurturing innovative business ideas (new indigenous technology, processes, products, procedure etc.) which could be commercialized in a year. The main objective is to promote development of knowledge-based innovative ventures and to improve the competitiveness and survival instincts of the Micro, Small and Medium Enterprises (MSMEs). Eligibility: Any individual or MSME with innovative ideas ready for commercialisation can apply to the host institution (e.g., IITs, NITs, technical colleges, research institutes, etc.) in order to obtain fund support. See the list of host institutions at following web address: http://www.dcmsme.gov.in/schemes/Institutions_Detail.pdf Any technical institution (as given in the EoI) that wants to become a host institution can apply to the office of the Development Commissioner-MSME or their nearest MSME-DI for funding support. Amount or percentage of subsidy: Funding support for setting up of ‘Business Incubators (BI)’: The cost may vary from Rs 4 to 8 lakh for each incubatee/idea, subject to overall ceiling of Rs 62.5 lakh for each BI. a) Upgradation of infrastructure Rs 2.50 lakh b) Orientation/training Rs 1.28 lakh c) Administrative expenses Rs 0.22 lakh Total assistance per BI Rs 66.50 lakh Around 10 ideas will be incubated by the BI | https://www.startupindia.gov.in/ http://www.dcmsme.gov.in/schemes/SUPPORTFOREMDTI.pdf | All India | ||||||||||||||||||||||||||||||||||||||
12 | Lean Manufacturing competitiveness schemes for MSMEs | Ministry of MSME, Govt. of India | Scheme summary/key features: The objectives of the Scheme are to enhance the manufacturing competitiveness of MSMEs through the application of various Lean Manufacturing (LM) techniques Under the Scheme, MSMEs will be assisted in reducing their manufacturing costs, through proper personnel management, better space utilization, scientific inventory management, improved processed flows, reduced engineering time and so on. LMCS also brings improvement in the quality of products and lowers costs, which are essential for competing in national and international markets. Awareness programmes and workshops are being organized to create awareness among the entrepreneurs and motivated to form mini clusters comprising of 6 to 10 units. Lean Management consultants will work with the specially formed team Special Purpose Vehicle (SPV)/Distinct Product Group (DPG) for Lean Management in the unit for 18 months. Eligibility: Industry associations / Group of approx. 10 MSME units which qualify under MSME-Development Act, 2006 willing to form SPV (Mini Cluster) Amount or percentage of subsidy: A financial support by the Government of India up to a maximum of 80% of the Consultant fees for each Mini Cluster will be provided. Remaining 20% is to be borne by the beneficiaries MSME units. | https://www.startupindia.gov.in | Central | ||||||||||||||||||||||||||||||||||||||
13 | Prime Minister Employment Generation programme(PMEGP) | Ministry of MSME, Govt. of India | Scheme summary/key features: PMEGP is a credit-linked subsidy programme. The scheme contributes significantly to create job opportunities and boost the social and economic growth of the country. The scheme is implemented by Khadi and Village Industries Commission (KVIC) functioning as the nodal agency at the national level. At the state level, the scheme is implemented through State KVIC Directorates, State Khadi and Village Industries Boards (KVIBs), District Industries Centres (DICs) and banks. In such cases KVIC routes government subsidy through designated banks for eventual disbursal to the beneficiaries / entrepreneurs directly into their bank accounts. Eligibility: Any individual, above 18 years of age. At least VIII standard pass for projects costing above Rs.10 lakh in the manufacturing sector and above Rs. 5 lakhs in the business / service sector. Only new projects are considered for sanction under PMEGP. Self Help Groups (including those belonging to BPL provided that they have not availed benefits under any other Scheme), Institutions registered under Societies Registration Act,1860; Production Co-operative Societies, and Charitable Trusts are also eligible. Amount or percentage of subsidy: The maximum cost of the project/unit admissible in manufacturing sector is ₹ 25 lakhs and in the business/service sector, it is ₹ 10 lakhs. Categories of Beneficiary’s Rate of subsidy under PMEGP (of project cost) Area (location of project/unit) General category 15%(Urban), 25%(Rural), Special 25%(Urban), 35%(Rural) (including SC/ ST/ OBC/ Minorities/Women, Ex-servicemen, Physically handicapped, NER, Hill and Border areas, etc.) The balance amount of the total project cost will be provided by the banks in the form of term loan and working capital. | https://msme.gov.in/ | Central | ||||||||||||||||||||||||||||||||||||||
14 | Scheme for Integrated Textile Parks (SITP) | Government of India, Ministry of Textiles (MoT) | Scheme summary/Key features: The scheme is for the period of three years i.e., from April 01, 2017 to March 31, 2020.The primary objective of the Scheme is to provide financial assistance to a group of entrepreneurs to establish state-of-the-art infrastructure facilities in a cluster for setting up their textile units, conforming to international environmental and social standards and thereby mobilize private investment in the textile sector and generate fresh employment opportunities. The government is considering a plan to set up 1,000-acre mega textile parks as it revamps the Scheme for Integrated Textile Park (SITP) whose slow progress is attributed to delay in obtaining land and other statutory clearances from state governments and slow fund mobilisation by the textile parks. Launched in 2005, the scheme aims to provide industry with state-of-the-art world-class infrastructure facilities for setting up their textile units. Each Integrated Textile Park (ITP) under the scheme would normally have 50 units. The number of entrepreneurs and the resultant investments in each ITP could vary from project to project. Under the SITP, infrastructure facilities for setting up of textile units are developed in a Public-Private- Partnership (PPP) model. Eligibility: Industry Associations, Groups of Entrepreneurs and Agencies of the State Governments would be the main promoters of the Integrated Textile Parks (ITPs). At each ITP, there would be a Special Purpose Vehicle (SPV) formed by the representatives of local Industry, Financial Institutions, State industrial and infrastructural corporations, and other agencies of State and Central Governments. The SPV shall invariably be a Corporate Body registered under the Companies Act. The net worth of each promoter should not be less than 1.5 times of his/her total equity proposed in the project. Any other structure for the SPV would require the approval of the Project Approval Committee. Amount or percentage of subsidy: The Government of India grants up to 40% of the project cost. However, it grants up to 90% of the project cost for the first two projects (each) in the North Eastern States, Himachal Pradesh, Uttarakhand and Union Territory of Jammu Kashmir and Union Territory of Ladakh. The government’s support is limited to Rs. 40 crores for each textile park. | https://economictimes.indiatimes.com/ https://pib.gov.in/PressReleaseIframePage.aspx?PRID=1655530 | Central | ||||||||||||||||||||||||||||||||||||||
15 | In-situ Upgradation of Plain Power looms | Government of India, Ministry of Textiles (MoT) | Scheme summary/key features: The prime objective of the scheme is to upgrade existing plain looms to semi-automatic/shuttle-less looms to improve quality and productivity of the fabric being produced by way of fixing certain additional attachments/kits and enable them to face the competition in domestic and international markets, by way of providing financial assistance to economically weaker low-end power loom units. The scheme came into operation from 1st April 2017 and will be up to 31st March 2020.
Eligibility: A Power loom unit having power loom permit / Acknowledgement against Information Memorandum issued by Regional Office of the Textile Commissioner for installation of the Power looms (or) SSI registration (or) Udyog Aadhar Memorandum (or) Electricity bill for the unit address/name of the owner are provided, is eligible for assistance under the scheme. Power loom unit having a maximum 08 (eight) existing plain power looms, as per Power loom Permit / Acknowledgement are only eligible for availing the benefit under the scheme. Priority would be given to units having less than 4 looms. A unit should have electricity bill in its name or in the name of the owner of the unit or if the premises is on rental basis necessary power sharing agreement between lessor and lessee.
Amount or percentage of subsidy:
The applicant will be eligible for
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http://texmin.nic.in/schemes https://ipowertexindia.gov.in/in-situ-upgradation-of-plain-powerlooms.htm | Central | ||||||||||||||||||||||||||||||||||||||
16 | Group Work shed Scheme (GWS) | Government of India, Ministry of Textiles (MoT) | Scheme Summary/Key features: The Government of India has implemented the Group Work shed Scheme to simplify the establishment of work sheds in a new cluster or upgrade an existing cluster. The scheme is operative from 1st April, 2017 and would be for a duration up to 31 March, 2020. According to Group Work shed Scheme, only 40% of the loomage would be accepted under weaving preparatory like Sectional warping machine, Sizing machine, etc.
This 40% loomage will also comprise of areas for common facilities such as sample display room, testing lab, office and worker’s Amenities.
The beneficiary is permitted to avail infrastructure benefits like:
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http://texmin.nic.in http://texmin.nic.in/schemes | Central | ||||||||||||||||||||||||||||||||||||||
17 | Yarn Bank Scheme | Ministry of Textiles Govt, of India | Scheme summary/key features: To provide interest free corpus fund to Special Purpose Vehicle (SPV) / Consortium to enable them to purchase yarn at wholesale rate and give the yarn at reasonable price to the small weavers. To avoid middle man/ local supplier’s brokerage charge on sales of yarn. .Eligibility: Minimum 11 members required to form Special Purpose Vehicle (SPV). The Members of SPV should be Power loom Weavers, Master Weavers, Co-operative Societies, Private Entrepreneurs, NGO’s working for Power loom Sector. SPV has to provide Bank Guarantee to the extent of 25% of Govt. of India share. SPV shall arrange their own fund equal to Government contribution. SPV shall rotate the corpus fund including their contribution at least 4 – 5 times in a year. Amount or percentage of subsidy: Government shall provide interest free corpus fund of maximum Rs 200 Lakh per yarn bank to SPV/Consortium. | https://ipowertexindia.gov.in/yarn-bank-scheme.htm | Central | ||||||||||||||||||||||||||||||||||||||
18 | Common Facility Centre (CFC) | Government of India, Ministry of Textiles (MoT) | Scheme summary/key features: The scheme is operative from 1st April, 2017 and would be for a duration up to 31 March, 2020.The Under Comprehensive Scheme for Power loom Sector Development one of the scheme is Common Facility Centre (CFC) and the objective of this scheme is to provide financial assistance for setting-up of Common Facility Centres such as design centre / studio, testing facilities, training centre, information cum trade centre and common raw material / yarn / sales depot, water treatment plant for industrial use, dormitory, workers’ residential space, common pre-weaving facilities viz. yarn dyeing, warping & sizing, twisting etc., and post weaving facilities viz. processing, etc. Eligibility: Minimum 11 members required to form Special Purpose Vehicle (SPV). The Members of SPV should be Power loom Weavers, Master Weavers, Co-operative Societies, Private Entrepreneurs, NGO’s working for Power loom Sector. SPV shall have Own Land/Building (or) Leased Land/Building registered in favour of SPV for minimum period of 10 Years. Only TUFS compatible machineries to be installed.br />br /> Amount or percentage of subsidy: Government shall provide subsidy of maximum Rs 200 Lakh per CFC | http://texmin.nic.in | Central | ||||||||||||||||||||||||||||||||||||||
19 | Pradhan Mantri Credit scheme for Power loom Weavers | Government of India, Ministry of Textiles (MoT) | Scheme Summary/key features: The scheme is operative from 1st April, 2017 and would be for a duration up to 31 March, 2020The Scheme was launched to support the establishment of power loom units across the country. Through this scheme, financial assistance will be provided to decentralized power loom units or weavers. To provide financial assistance through Margin Money Subsidy and interest reimbursement as against the credit facility (term loan) availed under Pradhan Mantri Mudra Yojana (PMMY) to the decentralised power loom units/weavers. Margin Money Subsidy as against the credit facility (term loan) availed under Stand-up India scheme by the SC, ST & Women Entrepreneur of the decentralised power looms units/weavers to meet their credit requirements such as for investment needs (Term Loan) and working capital etc. Eligibility: Existing individual power loom units (or) New individual / group enterprises involved in weaving activity. Amount or percentage of subsidy: Under this scheme, the Central Government will provide margin money subsidy of up to twenty per cent of the project cost with a cover of Rs 1,00,000 as well as interest subsidy at 6% per cent per annum for working capital, and a term loan of up to Rs 10,00,000 for a maximum period of five years. | http://texmin.nic.in/ | Central | ||||||||||||||||||||||||||||||||||||||
20 | Solar Energy Scheme for Power looms | Government of India, Ministry of Textiles (MoT) | Scheme Summary/key features: To provide financial assistance/capital subsidy for installation of On Grid Solar Photo Voltaic Plant (without Battery back -up) and Off Grid Solar Photo Voltaic Plant (with Battery back-up) by small power loom units to attain sustainable development goal of Government and to give thrust to renewable energy. Eligibility: Power loom units having up to 8 Looms. Power loom permit / Acknowledgment issued by the concerned Regional Office of the Textile Commissioner. Units should have shade free roof top/ area. Amount or percentage of subsidy: The subsidy will be provided to both credit-linked and non-credit linked solar projects. The subsidy will be released only for the installation of a solar project for running power loom units and not for individual components | http://texmin.nic.in/ | Central | ||||||||||||||||||||||||||||||||||||||
21 | Grant-in-Aid and Modernisation & Upgradation of Power loom Service Centres (PSCs) | Government of India, Ministry of Textiles (MoT) | Scheme Summary/key features: A comprehensive scheme is launched as the Comprehensive Scheme for Power loom Sector Development and the same came into effect on 1st April, 2017 and would be for a duration up to 31 March, 2020. 15 Power loom Service Centres under Office of the Textile Commissioner (Tx.C), 26 Textile Research Associations (TRAs) and 6 State Govt. offer various services like training, sample testing, design development, consultancy, conducting seminar/ workshop, etc. to the power loom sector on behalf of the Government. The Govt. assistance will be provided for modernization and upgrading the Power loom Service Centres with the facilities which are required in the cluster. This would include improving testing facilities and also installing modern looms to create awareness of the latest available technologies and provide training. Further, the Power loom Service Centres would also be provided with Preparatory machines, testing instruments, Sewing machines for Garment and Apparel, Embroidery Machines, Design Development facilities etc. Eligibility: Power loom service centres Amount or percentage of subsidy: Grant-in-Aid (GIA) is provided to the PSCs of TRAs/ State Govt. agencies for the recurring expenses for running the PSCs | http://texmin.nic.in/ | Central | ||||||||||||||||||||||||||||||||||||||
22 | Modified Comprehensive Power Loom Cluster Development Scheme (MCPCDS | Government of India, Ministry of Textiles (MoT) | Scheme Summary/key features: Comprehensive Power loom Cluster Development Scheme (MCPCDS) was established to develop Erode (Tamil Nadu) and Bhiwandi (Maharashtra) as Power loom Mega Clusters. This helps in creating world-class infrastructure to integrate the production chain and to reach the fulfilment of business needs of the local and Small and Medium Enterprises (SMEs). The scheme intends to enhance the existing brownfield clusters that require a gap filling exercise for each cluster to identify the need-based infrastructure that has to be funded. Develop clusters that have a concentration of about 5000 decentralized Power looms or more by assistance for infrastructure, common facilities and other need-based innovations, technology upgradation and skill development. Eligibility: Common Facility Centres (CFCs) for pre and post weaving process, Mini-Industrial Parks with Work sheds supported by Core Infrastructure, Innovative Ideas and other need-based interventions. Amount or percentage of subsidy: Matching investment in the ratio of Government (60): Private (40). Government of India provides subsidy of 60% of the project cost with maximum ceiling up to Rs 50 crore. | http://texmin.nic.in/ | Central | ||||||||||||||||||||||||||||||||||||||
23 | Integrated Processing Development Scheme (IPDS) | Government of India, Ministry of Textiles (MoT) | Scheme Summary/key features: This scheme is designed to counter challenges such as non-availability of water for processing and environmental pollution caused by the discharge of untreated effluents. Considering the widespread prevalence of small and medium enterprises in this sector, IPDS will develop parks with common facilities such as effluent treatment plants and water supply systems that can be used by clusters of processing units. The focus areas are: Adequate and timely supply of water, Wastewater management and Safe treatment of effluents before disposal
Eligibility: The eligible projects under the scheme would cover the following:
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http://www.texmin.nic.in | Central | ||||||||||||||||||||||||||||||||||||||
24 | SAMPADA (Scheme for Agro-Marine Processing and Development of Agro Processing Clusters) | Government of India, Ministry of Food Processing Industries (MoFPI) | Scheme Summary/key features: Central Sector Scheme – SAMPADA (Scheme for Agro-Marine Processing and Development of Agro-Processing Clusters) was approved by the Cabinet Committee on Economic Affairs (CCEA) in 2017. This umbrella scheme has now been renamed as the “Pradhan Mantri Kisan Sampada Yojana (PMKSY). PM Kisan SAMPADA Yojana is a comprehensive package which will result in creation of modern infrastructure with efficient supply chain management from farm gate to retail outlet. It will not only provide a big boost to the growth of food processing sector in the country but also help in providing better returns to farmers and is a big step towards doubling of farmers income, creating huge employment opportunities especially in the rural areas, reducing wastage of agricultural produce, increasing the processing level and enhancing the export of the processed foods. The following schemes will be implemented under PM Kisan SAMPADA Yojana:
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https://mofpi.nic.in/ | Central | ||||||||||||||||||||||||||||||||||||||
25 | Market Development Assistance Scheme for Micro/ Small manufacturing enterprises/ Small & Micro exporters (SSI-MDA) | Government of India, Ministry of Micro, Small & Medium Enterprises (MSME) | Scheme Summary/key features:
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https://msmedildh.gov.in/MDA.pdf | Central | ||||||||||||||||||||||||||||||||||||||
26 | Micro & Small Enterprises – Cluster Development Programme (MSE-CDP | Government of India, Ministry of Micro, Small & Medium Enterprises (MSME) | Scheme Summary/key features:
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https://msme.gov.in/site http://laghu-udyog.gov.in/MSE-CDProg.htm | Central | ||||||||||||||||||||||||||||||||||||||
27 | Digital MSME” Scheme for promotion of Information and Communication Technology (ICT) in MSME Sector | Government of India DC(MSME), Ministry of Micro, Small & Medium Enterprises | Scheme Summary/key features: The main objective of scheme is to make MSMEs digitally empowered and motivate them to adopt ICT tools and applications in their production & business processes with a view to improve their competitiveness in national and international mark.
Besides this, it aims to empower and enable MSMEs to harness IT as a medium of communication to revamp access to the markets to update their managerial and technical knowledge though online content-both static and dynamic and to evolve internal efficiencies by way of intense ICT intake and
This scheme is a component of Credit Linked Capital Subsidy Scheme for Technology Up-gradation (CLCS- TU)
automating procedure for cost reduction and capacity enhancement for information access, processing, collaboration and dissemination.The Ministry of Micro, Small and Medium Enterprises (MSME) has released new guidelines for the “Digital MSME” Scheme for promotion of Information & Communication Technology in MSME Sector.
This scheme is a component of Credit Linked Capital Subsidy Scheme for Technology Up-gradation (CLCS- TU)
According to the new guidelines, the main components of the scheme would include Awareness Program and Work Shop, Development of e-Platform, Development of software/Apps for MSMEs, Digital Literacy and e-marketing, Training to MSME officials, MSMEs, Professionals etc.,
This scheme is a component of Credit Linked Capital Subsidy Scheme for Technology Up-gradation (CLCS- TU)
Digital Empowerment through Enterprise Development Centre (EDC), Assistance for IT infrastructure to various Implementing Agencies (IA) up to Rs.10 lakhs per IA, Futuristic developments, Publicity, Branding and Mobilization, impact Assessment and Survey including Data Analytics and Miscellaneous Expenses.
Eligibility:
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http://msme-tc-nr.gov.in/ https://knnindia.co.in | Central | ||||||||||||||||||||||||||||||||||||||
28 | Support for Entrepreneurial and Managerial Development of SMEs Through Incubators | Government of India, Ministry of Micro, Small and Medium Enterprises | Scheme Summary/key features:
There are multiple objectives of the scheme, some of which are:
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https://www.startupindia.gov.in/content/sih/en/government-schemes/entrepreneurial_managerial_development.html | Central | ||||||||||||||||||||||||||||||||||||||
29 | Design Clinic for Design Expertise to MSMEs | Government of India, Ministry of Micro, Small and Medium Enterprises | Scheme Summary/key features: Objectives of the scheme Design Clinic Scheme for Design Expertise to MSME manufacturing sector.
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https://msme.gov.in | Central | ||||||||||||||||||||||||||||||||||||||
30 | Enabling Manufacturing Sector to be Competitive through QMS&QTT | Government of India, Ministry of Micro, Small and Medium Enterprises | Scheme Summary/key features:
This scheme envisages Micro and Small Enterprises to understand and adopt the latest Quality Management Standards (QMS) and Quality Technology Tools (QTTs) to become more competitive and produce better quality products at competitive prices. The adoption of these features will enable MSEs to achieve the following:
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https://my.msme.gov.in/MyMsmeMob/MsmeScheme/Pages/ssub_2.html | Central | ||||||||||||||||||||||||||||||||||||||
31 | Building Awareness on Intellectual Property Rights (IPR) | Government of India, Ministry of Micro, Small and Medium Enterprises | Scheme Summary/key features:
The objectives of the scheme are:
To enhance the awareness of Intellectual Property Rights (IPRs) amongst the MSMEs to encourage creative intellectual endeavour in Indian economy;
To take suitable measures for the protection of ideas, technological innovation and knowledge-driven business strategies developed by the MSMEs for;
To provide appropriate facilities and support for protection and commercialization of Intellectual Property (IP) for the benefit of MSME sector;
To assist SMEs in effective Utilization of IPR Tools for technology upgradation, market and business promotion and competitiveness enhancement
Eligibility:
For Patent, Geographical Indication and Trademark Reimbursement:
All MSMEs having Udyam Registration and also MSMEs which are included as per executive orders issued by the office of DC, MSME consistent with MSME Act from time to time.
Amount or percentage of subsidy:
Reimbursement for Patent /GI Registration/Trademarks, for setting up of IP Facilitation Centres, interactive Seminars /Workshops/Exhibitions and Awareness Programmes.
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https://yourstory.com/smbstory/small-business-msmes-patents-intellectual-property-rights | Central | ||||||||||||||||||||||||||||||||||||||
32 | Coir Vikas Yajna (CVY) | Coir Board, Government of India, Ministry of MSMSE | Scheme Summary/key features:
Coir Board’s initiative Coir Vikas Yojana (CVY) entirely focuses on the enhancement of the MSME sector. Thus, encourages exploring domestic and international export markets. Further, keen emphasis on women empowerment, entrepreneurship, skill and training, innovation as well as manufacturing. Moreover, raw material usage, trade services, and coir activities are under the activities of Coir Vikas Yojana. Additionally, this is an extension of Mahila Coir Yojana (MCY).The programme offers a lot of benefits under various schemes:
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https://udyamimitra.in/page/Subsidy-Schemes#women | Central | ||||||||||||||||||||||||||||||||||||||
33 | Scheme for Technology Upgradation/ Establishment/ Modernization for Food Processing Industries | Ministry of Food Processing Industries, Govt. of India | Scheme summary/key features: This Scheme covers the following activities: Setting up/expansion/modernization of food processing industries covering all segments viz fruits & vegetable, milk product, meat, poultry, fishery, oil seeds and such other agri-horticultural sectors leading to value addition and shelf life enhancement including food flavours and colours, oleoresins, spices, coconut, mushroom, hops Eligibility: Food processing units Amount or percentage of subsidy: . The assistance is in the form of grant subject to 25% of the plant & machinery and technical civil work subject to a maximum of 50 lakh in General Areas and 33.33% up to 75 lakh in Difficult Areas (J&K, HP, Uttarakhand, Sikkim, North Eastern States, Andaman & Nicobar Islands, Lakshadweep) | http://www.mofpi.nic.in/ | Central | ||||||||||||||||||||||||||||||||||||||
34 | Interest Subsidy Eligibility Certificate (ISEC) for Khadi Institutions | Ministry of Micro, Small and Medium Enterprises, Govt, of India | Scheme summary/key features: Under the ISEC Scheme, credit at a concessional rate of interest of 4% per annum for working capital, is made available as per the requirement of the institutions. The difference between the actual lending rate and 4% is paid by the Central Government through KVIC to the lending banks. While approving continuation of the scheme for implementation during XII plan period, Govt. of India has approved a unified version of the scheme for Khadi and Polyvastra to facilitate seamless release of interest subsidy to the institutions. Eligibility: The Khadi institutions, having valid Khadi certificate and sanctioned khadi programme. The Institutions registered with the KVIC/State Khadi and Village Industries Boards (KVIBs) can avail of financing under the ISEC Scheme, the Scheme supports only the khadi and the polyvastra sector. Amount or percentage of subsidy: The Khadi institutions will apply to the financing bank for working capital along with the ISEC certificate issued by KVIC. Based on the working capital sanctioned, financing bank will raise the reimbursement claim to the nodal branch for the differential interest rate over and above 4%. | https://www.startupindia.gov.in/content/sih/en/government-schemes/isec_khadi.html | Central | ||||||||||||||||||||||||||||||||||||||
35 | Science and Technology (S&T) for Coir Institutions | Ministry of Micro, Small and Medium Enterprises, Govt, of India | Scheme summary/key features: Technology Transfer, Incubation, Testing, Training Entrepreneurs and Service Facilities for the coir MSMEs through extension of the outcomes of research (done at research institutes under the scheme) at the laboratory level for application at the field level and extension of testing and service facility are the objectives of the scheme. The Research and Development activities of the Board are carried out through the twin research institutes: The Central Coir Research Institute, Kalavoor and Central Institute of Coir Technology, Bangalore who uses the fund allotted to this scheme and then further aid the entities working in the coir industry. The scheme also aims at establishing technology incubation centres in one or many places for training the entrepreneurs in the new technologies developed and transferred. Continued implementation of the Scheme will result in development of new technologies for reducing drudgery and improving the quality and productivity of the coir products. Continued research activities will result in increasing the acceptance of the coir products both by internal and external markets. Eligibility: All coir production/processing units newly established will be eligible to apply for assistance. All coir production/ processing units registered with Coir Board under Coir Industry (Registration) Rules, 2008 and having Udyog Aadhar are eligible to apply for financial assistance for modernisation under this scheme. Amount or percentage of subsidy: The outcome of the research can be availed at the field level by approaching Research Centre for availing assistance in Technology Transfer, Incubation, Testing and Service Facilities of the research institutes (The Central Coir Research Institute, Kalavoor and Central Institute of Coir Technology, Bangalore) | https://www.startupindia.gov.in/content/sih/en/government-schemes/Science_and_technology.html | Central | ||||||||||||||||||||||||||||||||||||||
36 | Market Promotion & Development Scheme | Ministry of Micro, Small and Medium Enterprises, Govt, of India | Scheme summary/key features:
The Market Promotion and Development Assistance Scheme (MPDA) has been launched as a unified scheme by merging different schemes implemented by the Khadi sector including publicity, marketing, market promotion and marketing development assistance. Further, grant/subsidy will also be available for construction of Khadi plazas. The overall objective of the scheme is to ensure increased earnings for artisans.
Eligibility:
The Khadi institutions, having valid Khadi certificate and categorised as A+, A, B and C only are eligible to avail MMDA grant from KVIC.
Amount or percentage of subsidy:
Modified MDA (MMDA) shall be allowed @ 30% on the Prime cost of Khadi (cotton, silk, woollen) and Polyvastra
The Pattern of Assistance for strengthening of Infrastructure of Existing Weak Khadi Institutions
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https://msme.gov.in/2-development-khadi-village-and-coir-industries | Central | ||||||||||||||||||||||||||||||||||||||
37 | Domestic Market Promotion (DMP) | Ministry of Micro, Small and Medium Enterprises, Govt, of India | Scheme summary/key features: Coir Board has been taking various measures for popularizing coir and coir products and expanding the domestic market. Establishment and maintenance of Showroom and Sales depots, participation in fairs / exhibitions organized by other agencies and organizing exclusive fairs for Coir and coir goods within the country, providing Market Development Assistance to State supported organizations for enlarging marketing network, organizing generic publicity through press, television, website and radio and erection of hoardings, fixing of quality standards, inspection and a certification of quality of coir goods are some of the measures taken by Coir Board towards achieving the objective. The activities undertaken by the Board for the purpose are publicity, participation in domestic exhibitions, Extension of performance linked Market Development Assistance, construction/renovation/interior decoration of new and existing showrooms/market development centres of the Board and field demonstration/displays. Eligibility: Apex Co-operative Societies, Central Co-op. Societies, Primary Co-operative Societies, Public Sector Enterprises, franchisees appointed by Coir Board in the coir industry and the Showroom and Sales Depots / Hindustan Coir of the Coir Board. Amount or percentage of subsidy: The component proposes to provide financial assistance to the Apex Co-operative Societies, Central Co-op. Societies, Primary Co-operative Societies, Public Sector Enterprises, franchisees appointed by Coir Board in the coir industry and the Showroom and Sales Depots / Hindustan Coir of the Coir Board. The MDA is granted at the rate of 10% of their average annual sales turnover of coir products including coir fibre, coir pith, coir pith block, coir pith products, coir pith organic manure, coir yarn, mats, matting, rubberized coir goods, coir geotextile, garden articles, coir bags, coir umbrella, coir chapel, coir ornaments, coir handicrafts, coir wood and other innovative products during the preceding three financial years, subject to the condition that 5% increase should have been achieved over the immediate previous year. This Assistance will be shared on 1:1 basis between the Central Government and the concerned State/Union Territory Government. The disbursement of Central share of MDA will be subject to the budgetary outlay available with the Coir Board under the relevant schemes. | https://msme.gov.in/2-development-khadi-village-and-coir-industries | Central | ||||||||||||||||||||||||||||||||||||||
38 | A Scheme for promoting Innovation, Rural Industry & Entrepreneurship (ASPIRE) | Ministry of Micro, Small and Medium Enterprises, Govt, of India | Scheme Summary/key features:
The main objectives of the scheme are to:
(i) Create new jobs and reduce unemployment (ii) Promote entrepreneurship culture in India (iii) Boost Grassroots economic development at district level (iv) Facilitate innovative business solution for un-met social needs, and (v) Promote innovation to further strengthen the competitiveness of the MSME sector. The Scheme aims to implement the Incubation and Commercialisation of Business Ideas Programme through technical / research institutes, including those in the field of agro based industry. These would be designated as Knowledge Partners and would incubate new/existing technologies for their commercialisation.
The scheme also provides funds for the incubator/incubation and creates necessary synergy between this scheme and the Livelihood Business Incubators/Technology Business Incubators and Incubation schemes of MSME / NSIC / KVIC / Coir Board / Other Ministries/Departments as well as Private incubators.
Eligibility:
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Central | |||||||||||||||||||||||||||||||||||||||
39 | International Cooperation | Ministry of Micro, Small and Medium Enterprises, Govt, of India | Scheme Summary/key features: The scheme covers the following activities: a) Visit of MSME delegations to other countries in international exhibitions/ trade fairs, conferences/ summits/workshops etc. for exploring new areas of technology infusion/upgradation, joint ventures, improving market of MSMEs products, etc. b) Participation of MSME delegations in international exhibitions, trade fairs and buyer-seller meets in foreign countries. c) Holding international conferences/summits/workshops/seminars relating to MSME sector to be organized in India by the Industry Associations/ Government organizations. d) Holding/organising mega international exhibition or fair and international conferences/seminars/workshops, Joint Committee Meetings/Joint Working Group Meetings/Government to Government bilateral meetings with outer countries in India by Ministry of MSME or organizations under it. e) Sending a delegation of the Ministry of MSME to an International Exhibition/Fairs/Conference in foreign countries. Eligibility: Government Institutions and Registered Industry Associations associated with promotion and development of MSME sector. Amount or percentage of subsidy: IC Scheme provides financial assistance on reimbursement basis for airfare, space rent, freight charges, advertisement & publicity charges and entry/registration fee on reimbursement basis in case of participation in international exhibitions/trade fairs. The details can be had from scheme guidelines |
ii) Sector Specific incentives:
Sr No | Subsidy Scheme Name | Ministry | Description | Visiting link to know more | Applicability | ||||||||||||||||||||||||||||||||||
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1 | Assistance of Capital and Interest Subsidy for MSMEs (except service enterprise |
Industries Commissionerate, Government of Gujarat |
Scheme summary/key features: Enterprise claiming capital investment subsidy should apply on line within one year of commercial production. Capital investment subsidy will not be available if loan is sanctioned one year after commercial production. For interest subsidy the enterprise has to apply online within one year from the date of first disbursement of loan or on or before the date of commencement of commercial production/rendering services Eligibility: MSMEs in manufacturing sector and service sector subject to certain conditions Amount or percentage of subsidy:
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https://eoibrasilia.gov.in/ | Gujarat | ||||||||||||||||||||||||||||||||||
2 | Assistance in rent to MSEs |
Industries Commissionerate, Government of Gujarat |
Scheme summary/key features: Government of Gujarat has decided to provide financial assistance through Scheme for assistance in Rent to MSMEs for shed and plot developed by private developers for the generation of employment and development of MSMEs in the state. The government has decided to assist MSEs units in rent which will improve the initial liquidity of the project and also help the financial institution/bank to sanction the term loan on plant and machinery required for the project. Eligibility: The New Micro and Small Enterprise registered as an industrial unit under the MSME Development Act, 2006 with respective Director of Industries Commerce (DIC) as a manufacturing enterprise and obtained term loan from the Financial Institution. For availing the grant under the Scheme for Assistance for in Rent to MSEs, the new unit has to commence production during the operative period of this Scheme. Amount or percentage of subsidy: The Assistance at 50% of rent paid or Rs.50000/- per annum, whichever is less in Municipal Corporation area and areas under the Urban Development Authority The assistance at 50% of rent paid or Rs.25000/- per annum, whichever is less except mentioned above The financial assistance will be provided for three years Subject to certain Conditions. |
http://ic.gujarat.gov.in/ https://www.indiafilings.com/ |
Gujarat | ||||||||||||||||||||||||||||||||||
3 | Schemes for Assistance Labour Intensive Industries |
Industries Commissionerate, Government of Gujarat |
Scheme summary/key features Under this scheme, the Government creates separate provisions for the promotion of labour-intensive industries which would lead to the development of the state. Eligibility: Assistance will be given to New enterprise as well as to existing enterprise for one-time expansion. The payroll incentive will be provided at 1200 per person and an additional amount of Rs. 300 per women employment will be provided under the scheme. In the case of project expansion, this payroll incentive will be provided only for the additional domicile employees. The payroll assistance in case of project expansion will not be provided for the re-employed persons who had been relieved by the enterprise/unit within a one-year time frame before the commencement of the production of expansion. Amount or percentage of subsidy Interest Subsidy will be provided at 7% maximum up to Rs. 1 crore per annum for the period of 5 years. VAT related incentives: Only 70% of the fixed capital investment of the unit will be considered for the eligible unit that would be entitled to the reimbursement up to 1/5th of the eligible limit in a particular year. |
http://ic.gujarat.gov.in/ | Gujarat | ||||||||||||||||||||||||||||||||||
5 | Scheme for Financial Assistance to Plastic Industry |
Industries Commissionerate, Government of Gujarat |
Scheme summary/key features Financial assistance in form of interest subsidy on loan/ tax incentives for setting up small sized new plastics industry Eligibility: Enterprises which are registered as an industrial unit as MSME with respective DIC and should be of small size
1. Interest subsidy for New Enterprises: - Interest subsidy up to 7% of term loan Maximum limit of 100 lakh per annum, for 5 years for fixed capital investment in building, new plant & machinery, equipment (including cost of installation, erection, transportation, electrification) and other related assets required for the manufacturing of the product. However, cost of land and land development will not be eligible 2. VAT Related Incentive to New Enterprises: - The eligible new enterprise will be reimbursed at of 80% of the net VAT paid for 5 years from date of commercial production. The VAT reimbursement amount would be 70% of eligible fixed capital investment. (excluding additional Tax and reduction of ITC as per the provision of the GVAT Act 2003) The eligible unit shall be entitled for reimbursement up to 1/5th of eligible limit in a particular year. |
http://ic.gujarat.gov.in/?page_id=4051 | Gujarat | ||||||||||||||||||||||||||||||||||
5 | New Enterprise Cum Enterprise Development scheme (NEEDS) |
MSME - Govt. of Tamil Nadu | Scheme summary/key features (I) Educated youth (Age limit minimum 21 years maximum 35 years for general category and 45 years for Special category (SC/ST/BC/MBC/Ex-servicemen/ Minorities/Transgenders/Differently abled persons) will be given entrepreneurship training to groom them as first-generation entrepreneurs on the essentials of conceiving, planning, initiating and launching a manufacturing or service enterprise successfully. (ii) On completion of the training program they would be assisted to prepare their business plans and helped to tie up with financial institutions to get term loan, to set up manufacturing or service enterprises with a project cost not exceeding Rs.1.00 crore and capital subsidy of 25% of project cost not exceeding Rs.25.00 lakhs with 3% interest subvention to be provided by the State Government. (iii) Subject to availability, they would also be provided with reservation up to 25% for allotment of Plots / Sheds in SIDCO Industrial Estates in the State All economically viable manufacturing and service activities are eligible under this scheme subject to appraisal for its viability as per the guidelines of Tamil Nadu Industrial Investment Corporation Limited (TIIC) / Bank. Priority will be given to projects which are eco-friendly, accord importance to energy conservation and are export oriented. Eligibility: Educated youth with any Degree, Diploma, ITI / Vocational Training from recognized Institutions, aspiring to become entrepreneurs would be eligible for assistance under the scheme. The applicant should be a resident of Tamil Nadu for not less than 3 years Amount or percentage of subsidy: 25% of the Project Cost subject to a ceiling of 25.00 lakh 3% Back Ended Interest Subsidy for Bank Assisted Projects / 3% Interest Subvention for TIIC Assisted Projects However, for projects costing more than 1.00 Crore, subsidy component will be restricted to 25.00 lakh. |
http://tahdco.com/ http://www.msmeonline.tn.gov.in/ | Tamil Nadu | ||||||||||||||||||||||||||||||||||
6 | Unemployed Youth Employment Generation Programme (UYEGP) |
MSME - Govt of Tamil Nadu |
Scheme summary/key features “Unemployed Youth Employment Generation Programme (UYEGP)” aims to mitigate the unemployment problems of socially and economically weaker section of the society, particularly among the educated and unemployed to become self-employed in their native places itself and to prevent the mass migration from rural areas to urban areas due to unemployment by setting up Manufacturing / Service / Business enterprises by availing loan up to the maximum of Rs.15 Lakhs, Rs. 5.00 Lakhs and Rs. 5.00 Lakhs respectively with subsidy assistance from the State Government. Eligibility: Any individual, above 18 years of age. Upper age limit for General category is 35 years and for Special category 45 years. Minimum educational qualification is a pass in VIII standard. The applicant shall be resident of the place for not less than 3 years. The family income of the beneficiary shall not exceed Rs.5 Lakhs per annum. Amount or percentage of subsidy: Financial Assistance:
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http://www.indcom.tn.gov.in/uyegp.html | Gujarat | ||||||||||||||||||||||||||||||||||
7 | Mukhya Mantri Yuva Udyami Yojana |
Department of MSME, Madhya Pradesh |
Scheme summary/key features Under this scheme, loans will be provided by banks to all the citizens who want to set up their own business. Under this scheme, benefit of margin money assistance, interest grant, loan guarantee and training will be provided by the government. Under this scheme, a loan of at least 10 lakh rupees can be availed subject to a maximum of up to Rs.2 crore rupees to start a new business or industry. 15% (maximum Rs. 12 lakhs) will be payable on the margin on the project cost. Guarantee fee under this scheme will be payable at the prevailing rate for a maximum period of 7 years. Business activities will not be eligible under the MP Youth Entrepreneur Scheme. Eligibility: The applicant should be originally a resident of Madhya Pradesh. Applicant must have passed minimum 10th standard. The benefit of this scheme will be given only to those enterprises which will be set up within the border of Madhya Pradesh. A person can avail this scheme only once. Age should be between 18 to 40 years on the applicant's application date. Youth should not be a defaulter in any nationalized bank / financial institution / co-operative bank. If a person is getting assistance under any government entrepreneur / self-employment scheme, then he will not be eligible under this scheme. Amount or percentage of subsidy Margin money on capital cost will be at 15% with a maximum of Rs.12 lakh for general class. For BPL it will be 20% with a maximum of Rs.18 lakh. Interest at 5% for female and 6% for male. |
https://pmmodiyojana.in/ | Madhya Pradesh | ||||||||||||||||||||||||||||||||||
8 | Mukhya Mantri Swarojgar Yojana |
Department of MSME, Madhya Pradesh |
Scheme summary/key features This scheme has been started to provide self-employment opportunities to the citizens of the state. Under this scheme, loan will be provided for setting up self-employment. The loan will be provided for 7 years under this scheme. Loans will be granted Rs.50,000 to Rs.10 lakh. BPL SC, ST, OBC, women and differently abled candidates will be provided 30% margin money. Subject to maximum limit of Rs.2 lakh. In addition, margin money assistance, subsidy, loan guarantee is also given to the beneficiaries. Eligibility: To apply under this scheme, the applicant must be a permanent resident of Madhya Pradesh. Work area should be in Madhya Pradesh. The educational qualification of the applicant under this scheme should be minimum 5th class. The age of the applicant should be between 18 and 45 years. The applicant should not be an income tax payer. The applicant of any national bank, financial institution etc. should not be a defaulter. Only one time can be availed under MP Mahamari Swarozgar Yojana. A beneficiary of a government entrepreneur self-employment scheme cannot avail the benefit of this scheme. Amount or percentage of subsidy Under this scheme, 15 percent margin money will be provided to general category people with a maximum of Rs.1 lakh Project cost 30% for BPL, Scheduled Caste, Scheduled Tribe, Other Backward Classes, Women, Minorities and Disabled with a maximum limit of Rs 2 lakhs. Exempted nomadic and semi-nomadic tribes will have 30 percent of the project cost with a maximum limit of Rs.3 lakh Bhopal will be an additional 20% of the project cost for gas-affected family members, with a maximum limit of Rs. 1 lakh. |
https://translate.google.com/ | Madhya Pradesh | ||||||||||||||||||||||||||||||||||
9 | Margin Money/ Subsidy Scheme-Seed Money Scheme |
Directorate of industries Maharashtra |
Scheme summary/key features: The objective of the scheme is to encourage unemployed person to take up self-employment ventures through industry, service and business, by providing soft loans to meet part of the margin money to avail institutional finance. 1. Project cost up to Rs. 25 lakhs for industry, service and business activity. 2. Seed Money assistance at 15 per cent of the project cost approved by financial institutions is offered. In case of projects costing up to Rs. 10 lakhs, the quantum of assistance ranges up to 15 per cent for General category and 20% for SC/ST and OBC/NT/VT/Handicapped up to 20 per cent. 3. Seed Money component up to 3.75 lakhs maximum. 4. Bank loan 75% of the project cost. 5. The rate of interest on seed money is 6% and if the borrower pays the repayment of instalment regularly and within scheduled time, then the borrower will get rebate of 3% in interest. So, he has to pay only 3% interest. 6. If the instalment is not repaid in time, it will attract 1% penal interest. 7. The repayment of loan starts after three years in four yearly instalments for industry cases. In other cases, repayment starts after six months of loan availment Eligibility: Local unemployed person or group of persons fulfilling: Age group 18 to 50 years Qualification: Standard VII pass Domiciled in the state of Maharashtra for the last 15 years Amount or percentage of subsidy 90% loan for general group and 95% for special group will be available from public sector banks, Regional rural banks, IDBI. In urban areas, 15% margin money subsidy for general group and 25% for special group will be available through KVIC. In rural areas, the margin money subsidy will be 25% to 35% respectively. Special group include SC/ST/OBC/minority/woman/ex-servicemen/physically handicapped. |
http://www.doingbusinessinmaharashtra.org/ | Maharashtra | ||||||||||||||||||||||||||||||||||
10 | Margin Money/Subsidy Scheme-District Industries Centre Loan Scheme |
General Manager, District Industries Centre of respectiv e district (District level) |
Scheme summary/key features The objective of the scheme is to provide financial assistance in the form of margin/seed money for the promotion of tiny industries in semi-urban and rural areas with a view to generate employment opportunities including self- employment. I. Margin money assistance is admissible only to those units whose investment in plant & machinery does not exceed Rs. 2 lakh. ii. All towns and rural areas having population of less than 1 lac are covered under the Scheme. iii. The State Government’s rate of interest on this loan is 4 % and repayment is to be done within 7 years. iv. This scheme is particularly useful for rural artisans Eligibility: All units falling within the purview of the Small-Scale Industries Board and Village Industries, handicrafts, handlooms, Silk & Coir Industries are covered under the Scheme. Amount or percentage of subsidy The extent of assistance is 20 % of the total investment or Rs. 40000/- whichever is less in case of entrepreneur belonging to general category and in case of entrepreneur belonging to scheduled caste & scheduled tribe, assistance up to 30 % of total fixed capital investment or up to maximum of Rs. 60000/- whichever is less is provided. |
http://di..gov.in/ http://www.doingbusinessinmaharashtra.org/ |
Maharashtra | ||||||||||||||||||||||||||||||||||
11 | Subsidy Schemes in Goa |
Government of Goa |
Scheme summary/key features There are various schemes issued by Government of Goa. Visit the link for details. |
https://www.goa.gov.in/government/schemes/ | Goa | ||||||||||||||||||||||||||||||||||
12 | U.P. Micro and Small Industries Technology Up-gradation Scheme |
Ministry of Industries, Govt. of Uttar Pradesh |
Scheme summary/key features The objective of the scheme is development of competitiveness among the small-scale industries under the changed scenario due to economic globalization and worldwide competition. Under this scheme assistance is provided to micro and small enterprises for development and up gradation of technology Eligibility: All MSMEs in Uttar Pradesh Amount or percentage of subsidy Amount incurred for purchase and import of technology @ 50% subject to a maximum of 2.50 lacs. • Amount incurred for purchase P/M for enhancement of capacity and quality improvement @ 50% subject to a maximum of 2.00 lacs • Interest subsidy. @ 50% subject to a maximum of 0.50 lacs. • Amount incurred for obtaining ISO/ISI certification @ 50% subject to a maximum of 2.00 lacs • Amount incurred for consultancy world-wide competition @ 50% subject to a maximum of 0.50 lacs. |
http://udyogbandhu.com/topics.aspx?mid=State%20Government%20Support | Uttar Pradesh | ||||||||||||||||||||||||||||||||||
13 | Marketing Development Assistance Scheme |
Directorate of Industries, Govt. of Uttar Pradesh |
Scheme summary/key features To assist MSMEs in marketing sector for development, promotion and for better prospects of the products being manufactured, specially by micro and small industries/enterprises, the Govt. has provided institutional support in form of establishment of UPTPA (Uttar Pradesh Trade Promotion Authority) under Directorate of Industries, U.P and Export Promotion Bureau. The UPTPA has been given the responsibility to arrange, participate and coordinate in seminars/trade fairs/exhibitions, nationally as well as internationally to provide small entrepreneur a plate farm for development and promotion of market prospects for their product. The UPTPA also provides marketing assistance under Marketing Development Assistance Scheme in which the entrepreneurs are assisted to attend/ participate in seminars /trade fairs all over the country by way of reimbursement of expenses incurred towards participation/stall charge, fair, etc. Eligibility: Micro and Small enterprises in the state Amount or percentage of subsidy A- Support for exporters at international levelB- Subsidy on freight charges up to gate way port.
comparison to MSEs of other states. 2.Price Preference@15% to MSEs of the state in comparison to Medium and Heavy enterprises of other states. 3.Price Preference@5% to MSEs of the state in comparison to Medium and Heavy enterprises /industries of states. 4.Price Preference@5% to Medium and Heavy enterprises/ of the state in comparison to Medium and Heavy enterprises/ industries of other states. |
http://udyogbandhu.com/ | Uttar Pradesh153 | ||||||||||||||||||||||||||||||||||
14 | Nivesh Protsahan Yojna |
Export Promotion Bureau, Govt of Uttar Pradesh |
The Govt. of U.P.is also providing attractive fiscal incentives to the MSME sector in form of granting interest free loans under Nivesh Protsahan Yojna against VAT payments & exemptions from stamp duty and electricity duty, speedy online clearances through 'Nivesh Mitra' easy availability of developed industrial plots, healthy labour relation and crime-free and fear - free atmosphere. The sector has been offered various special incentives and concessions which are summarized here under Eligibility: New MSME units Amount or percentage of subsidy Grant of Interest Free loan under Nivesh Protsahan Yojna for 10 years repayable after 7 years to new units and have made fixed capital investment of Rs.5.00 crore or more in Food Processing Sector, Rs.10.00 crore or more in Eastern U.P. and Bundelkhand and Rs.25.00 crores or more in other districts. Amount of loan shall not exceed 10% of turnover or sum of the trade tax/ vat and central sales tax paid by the units. |
http://udyogbandhu.com/ | Uttar Pradesh | ||||||||||||||||||||||||||||||||||
15 | Land related incentives |
Govt of Utta r Pradesh |
Exemption from stamp duty on transfer of land as under: - Scheme summary/key features Exemption from stamp duty on transfer of land Eligibility: New Micro and small units, Agro Processing/Information Technology/Bio technology and specified infrastructure units. Amount or percentage of subsidy Reduction of stamp duty to rupees two per thousand on mortgage of title deeds, transfer of movable property, mortgage of property without possession, collateral security and bank guarantee (max. Rs.10,000/-). |
http://udyogbandhu.com/topics.aspx?mid=State%20Government%20Support | Uttar Pradesh | ||||||||||||||||||||||||||||||||||
16 | Other incentives | Govt of Uttar Pradesh |
Scheme summary/key features Exemption from Electricity duty for 10 years to all new units Eligibility: MSMEs in the state. Amount or percentage of subsidy As in scheme summary/key features . |
http://udyogbandhu.com/topics.aspx?mid=State%20Government%20Support | Uttar Pradesh | ||||||||||||||||||||||||||||||||||
17 | Tripura Industrial Investment Promotion Incentive Scheme-2017 (TIIPIS | Department of Industries & Commerce, Govt. of Tripura | Scheme summary/key features The State Government has introduced the Tripura Industrial Investment Promotion Incentives Scheme (TIIPIS) offers incentives for setting up industrial units in the manufacturing and service sector. The main aim of the scheme is to provide the necessary infrastructure to ensure sustained industrialisation in Tripura. The scheme is for the benefit of all MSMEs, in the private sector, co-operative sector, self-help-groups, joint sector and also companies owned or managed by the State Government. Eligibility: The Scheme-2017 shall be applicable to all micro, small and medium enterprises which commence their commercial production in the State, on or after the first day of April 2017, but before or on thirty-first day of March, 2022, in the private sector, co-operative sector, self-help-groups, joint sector and also companies owned or managed by the State Government. Amount or percentage of subsidy a) State Capital Investment Subsidy @30% on Fixed Capital Investment (with additional subsidy @2.5% to ST, SC and Women Enterprises), subject to a ceiling of Rs.60 Lakhs per unit. For thrust sector unit capital investment subsidy @40% on Fixed Capital Investment within the overall ceiling of Rs.70 lakhs.
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https://foodprocessingindia.gov.in | Tripura | ||||||||||||||||||||||||||||||||||
18 | Market Development Assistance |
Industries CommissionerateIndustries & Mines DepartmentGovt. of Gujarat |
Scheme summary/key features Market Development Assistance scheme is designed positioning of Gujarat based companies at a global level, the policy will support domestic MSMEs & start -ups for participation in national and international level exhibitions organized in India and abroad. Eligibility: MSMEs in Gujarat State Amount or percentage of subsidy
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https://eoibrasilia.gov.in/?pdf11603 | Gujarat | ||||||||||||||||||||||||||||||||||
19 | Quality Certification | Industries CommissionerateIndustries & Mines DepartmentGovt. of Gujarat |
Scheme summary/key features With a vision to encourage domestic products to be globally competitive, the policy will promote quality certifications under Zero Defect Zero Effect (ZED scheme) and also support to obtain ISI/WHO-GMP/Hallmark certifications & other national/International certification from Quality Council of India. Eligibility: MSMEs in the state of Gujarat Amount or percentage of subsidy The policy will provide fiscal support up to 50% of fee payable to Recognized International Certification Authority and 50% cost of testing equipment and machinery required for that certification, totalling up to maximum amount of INR 10 lakhs. For ZED certification, MSMEs can avail assistance up to 50% of certification cost maximum up to INR 50,000 after deducting the assistance received from Government of India. |
https://eoibrasilia.gov.in/?pdf11603 | Gujarat | ||||||||||||||||||||||||||||||||||
20 | Financial assistance for installation of Enterprise Resource Planning (ERP) System & Adoption of other ICT platforms & facilities |
Industries CommissionerateIndustries & Mines DepartmentGovt. of Gujarat |
Scheme summary/key features The objective of the scheme is to give financial assistance to MSMEs for installation of Enterprise Resource Planning (ERP) System & Adoption of other ICT platforms & facilities Eligibility: All MSMEs in the state of Gujarat Amount or percentage of subsidy MSMEs can avail an assistance of up to 65% of capital cost up to INR 1 lakh for implementing ERP system from the approved ERP service provider by Industries Commissionerate. For implementing ICT facilities, the MSMEs can obtain assistance up to 65% of capital cost up to INR 5 lakhs. |
https://eoibrasilia.gov.in/?pdf11603 | Gujarat | ||||||||||||||||||||||||||||||||||
21 | Technology upgradation & Acquisition Support |
Industries CommissionerateIndustries & Mines DepartmentGovt. of Gujarat |
Scheme summary/key features In order to keep pace with the global manufacturing trends, the manufacturing sector needs to adopt latest technologies. With an aim to encourage innovation and adoption of sophisticated technologies by MSME, the state will provide fiscal support to industries in acquiring technologies from recognized institutions as well as in acquisition of patented technologies from foreign companies. Eligibility: MSMEs in the state of Gujarat Amount or percentage of subsidy MSMEs will get assistance up to 65% of the cost payable to the institution up to INR 50 lakhs for acquisition of technology. Patent Support: The policy will provide financial support through partial reimbursement of cost for filing of domestic patents and international patents up to 75% of the cost/expenditure incurred subject to a maximum of INR 25 lakhs. Maximum fee for attorney for national patent is INR 50,000 and international patent is INR 2,00,000 within the overall cap of 75% of the cost/expenditure. Process Patents will also be made eligible under this benefit |
https://eoibrasilia.gov.in/?pdf11603 | Gujarat | ||||||||||||||||||||||||||||||||||
22 | Raising capital through SME Exchange: |
Industries CommissionerateIndustries & Mines DepartmentGovt. of Gujarat |
Scheme summary/key features This assistance would support in raising funds through SME exchange on one-time basis. Eligibility: SMEs who want to raise capital through SME Exchange Amount or percentage of subsidy SMEs can avail up to 25% of expenditure incurred on raising of equity capital through SME exchange maximum up to INR 5 lakhs on one-time basis. |
https://eoibrasilia.gov.in/?pdf11603 | Gujarat | ||||||||||||||||||||||||||||||||||
23 | Energy & Water conservation |
Industries CommissionerateIndustries & Mines DepartmentGovt. of Gujarat |
Scheme summary/key features The assistance will be provided for conducting audits for energy and water conservation as well as for purchase of equipment. Eligibility: All MSMES in the state Amount or percentage of subsidy The policy will provide assistance up to 75% cost of energy / water audit conducted by a recognized institution / consultant subject to maximum INR 50,000 and 25% of cost of equipment recommended by the auditing authority subject to maximum INR 20 lakhs. |
https://eoibrasilia.gov.in/?pdf11603 | Gujarat | ||||||||||||||||||||||||||||||||||
24 | Service line & Power connection charges |
Industries CommissionerateIndustries & Mines DepartmentGovt. of Gujarat |
Scheme summary/key features Assistance in service line and power connection charges Eligibility: MSMEs Amount or percentage of subsidy The policy will provide assistance for service line and power connection charges, rent etc. at 35% of charges paid to distribution licences for LT/HT service line, maximum limit up to INR 5 lakh |
https://eoibrasilia.gov.in/?pdf11603 | Gujarat | ||||||||||||||||||||||||||||||||||
25 | Use of Rooftop Solar Power by MSMEs |
Industries CommissionerateIndustries & Mines DepartmentGovt. of Gujarat |
Scheme summary/key features In order to encourage MSME for reduction of electricity cost, the state had introduced a special Solar policy under which MSME are eligible to set-up rooftop solar power and provision is made to purchase surplus power from them Eligibility: MSMEs in the State of Gujarat Amount or percentage of subsidy Considering the difficulties faced by MSME units, government with a view to further ease the process of utilizing rooftop Solar Power in MSMEs, has increased the power cycle for calculation of consumption of units from 15 minutes to 11 hours i.e. 7 AM – 6 PM and has increased the price for purchase of surplus solar power from MSMEs, from INR 1.75/unit to INR 2.25/unit |
https://eoibrasilia.gov.in/?pdf11603 | Gujarat | ||||||||||||||||||||||||||||||||||
26 | Promote Start-up and innovation | Industries CommissionerateIndustries & Mines DepartmentGovt. of Gujarat |
Scheme summary/key features Gujarat, owing to its inherent strength of widespread entrepreneurial spirit has gained a significant spot in the national start-up ecosystem. The incentives under the previous scheme created a strong network of nodal institutions. This supported several start-ups in setting up/expanding their operations both in national and international markets. The new scheme aims to further accelerate and strengthen the start-up ecosystem in the state. Eligibility: Start-up units in the state of Gujarat Amount or percentage of subsidy Acceleration Programs: Dedicated acceleration programs will be conducted in the state as per the provisions of the scheme. Additionally, the policy would support start-ups up to INR 3 lakhs to attend other national/international acceleration programs. The policy will also support in organizing acceleration programs. Promotional Events: The scheme aims to organize focused workshops, seminars, bootcamps, hackathons, grand challenges etc. across the state with support from various stakeholders. For this, the policy will provide support up to 75% of the total expenditures up to INR 5 lakhs. However, in case of events specific to women entrepreneurship, the policy will support up to 90% of total expenditures up to INR 5 lakhs. Nodal Institutes and Mentoring Assistance: The Gujarat Start-up Cell would also identify and establish association with Nodal Institutes across the state. Fiscal support to these Nodal institutes mentoring approved start-ups will also be given as part of the policy. Mentoring assistance of INR 1 lakh per start-up will be given to Nodal institutes up to a maximum of INR 15 lakhs per annum. In addition to this, a dedicated portal detailing the facilities of various nodal institutes and Government bodies will be created for the start-ups to avail them. These facilities include: testing labs, 3-D printing, library, co-working space etc. at a subsidized rate. Moreover, “Gujarat e-marketplace” will be made operational on the Start-up Gujarat Portal, where the start-ups supported by state government can promote their products and services |
https://eoibrasilia.gov.in/?pdf11603 | Gujarat | ||||||||||||||||||||||||||||||||||
27 | Special focus on promotion of Service sector | Industries CommissionerateIndustries & Mines DepartmentGovt. of Gujarat |
Scheme summary/key features MSMEs Service sector is a major contributor to the national GDP. Many services are key inputs for facilitating primary and secondary industries. Thus, the service sector is a critical lever for enhancing productivity, ease of living and livelihood. With the establishment of several SEZs, IT parks and most importantly, GIFT City, a conducive ecosystem exists for the service sector industries to expand operations in the state. Hence, it is decided to extend incentives to Service sector covered in MSME. In view of the potentiality of service sector, it has been decided to widen the scope of service sector. Besides the 22 service categories already defined in the Gujarat Industrial Policy 2015, following champion services are identified to cover them under eligible service sector for incentives:
Eligibility: MSMEs in service sector Amount or percentage of subsidy As given below:
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https://eoibrasilia.gov.in/?pdf11603 | Gujarat | ||||||||||||||||||||||||||||||||||
28 | Reimbursement of expenses incurred for water audit | Govt. of Karnataka | Scheme summary/key features Reimbursement of expenses incurred for water audit Eligibility: MSMEs in the state of Karnataka Amount or percentage of subsidy As given below:
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https://www.google.com/search?q=karnataka+industrial | Karnataka | ||||||||||||||||||||||||||||||||||
29 | Zero discharge | Govt. of Karnataka |
Assistance for zero discharge Eligibility: MSMEs Amount or percentage of subsidy As given Above: |
https://www.google.com/search?q=karnataka+industrial | Karnataka | ||||||||||||||||||||||||||||||||||
30 | Recycling of electronic waste and plastic waste | Govt. of Karnataka | Scheme summary/key features Assistance for recycling electronic waste and plastic waste Eligibility: MSMEs Amount or percentage of subsidy As given below:
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https://www.google.com/search?q=karnataka+industrial | Karnataka | ||||||||||||||||||||||||||||||||||
31 | Fixed Capital Investment (FCI) | Directorate of Industries Govt. of Maharashtra | Scheme summary/key features A basket of incentives, their aggregate amount not exceeding a specified ceiling will be offered to eligible MSME units:
Amount or percentage of subsidy: As given the Table above |
https://maitri.mahaonline.gov.in/PDF/ | Maharashtra | ||||||||||||||||||||||||||||||||||
32 | Power Tariff Subsidy | Directorate of Industries Govt. of Maharashtra | Scheme summary/key features The power tariff subsidy, for eligible new units located (other than A areas) in Vidarbha, Marathwada, North Maharashtra, and Districts of Raigad, Ratnagiri and Sindhudurg in Konkan will be to the extent of INR 1/- per unit consumed and in other areas (except A areas), to the tune of INR 0.5/- per unit consumed for 3 years from the date of commencement of commercial production. In areas other than A area, Interest subsidy @ 5 per cent p.a., maximum up to the value of electricity consumed and bills paid for that year, will be admissible. Eligibility: Eligible New MSME units Amount or percentage of subsidy: As given in scheme summary |
https://maitri.mahaonline.gov.in/PDF/ | Maharashtra | ||||||||||||||||||||||||||||||||||
33 | Stamp duty Exemption | Directorate of Industries Govt. of Maharashtra | Scheme summary/key features Eligible MSMEs will be entitled to 100 per cent stamp duty exemption within investment period for acquiring land (including assignment of lease rights and sale certificate) and for term loan purposes. However, in A and B areas Stamp Duty exemption will be offered only to IT and BT manufacturing units in IT and BT Parks. Eligible Units under PSI 2013 Scheme will also be eligible for stamp duty exemption for their Investment Period. Eligibility: Eligible MSMEs Amount or percentage of subsidy: As given above in the scheme summary/key features |
https://maitri.mahaonline.gov.in/PDF/ | Maharashtra | ||||||||||||||||||||||||||||||||||
34 | Exemption from payment of Electricity Duty | Directorate of Industries Govt. of Maharashtra | Scheme summary/key features Eligible New MSMEs in C, D,D+, No industries Districts and Naxalism Affected Area will be entitled to exemption from payment of electricity duty for tenure equal to the eligibility period. However, in A and B areas Electricity Duty exemption will be offered to 100 per cent Export Oriented MSMEs and IT/BT units for seven years. Eligibility: Eligible MSMEs Amount or percentage of subsidy: As given above in the scheme summary/key features |
https://maitri.mahaonline.gov.in/PDF/ | Maharashtra | ||||||||||||||||||||||||||||||||||
35 | Investment Promotion Subsidy (IPS) on Gross SGST | Directorate of Industries Govt. of Maharashtra | Scheme summary/key features Eligible Micro, Small & Medium enterprises & Small Industries as defined above shall be offered Investment Promotion Subsidy (IPS) on Gross SGST paid by the unit on the first sale of eligible products billed and delivered to the same entity within Maharashtra. Eligibility: Eligible MSMEs Amount or percentage of subsidy: As given above in the scheme summary/key features |
https://maitri.mahaonline.gov.in/PDF/ | Maharashtra | ||||||||||||||||||||||||||||||||||
36 | Various schemes for MSMEs under MSME Policy 2021 | Govt. of Tamil Nadu | Various schemes under MSME policy 2021 http://www.indcom.tn.gov.in/pdf/2021/MSME_Policy_2021.pdf | http://www.indcom.tn.gov.in/pdf/2021/MSME_Policy_2021.pdf | Tamil Nadu |
Disclaimer: The information provided is to facilitate access to information. Every effort has been made to verify the correctness of the contents of various Subsidy Schemes. The information and material are provided on an “as is” and “as available” basis, and are without guarantees or warranties of any kind, whatsoever, express or implied as per Privacy and Disclaimer Policy of the Portal. The links to the websites of various subsidy schemes are provided as a convenience to our users. VAPL does not control and is not responsible for any of these sites or their contents. VAPLdoes not guarantee the availability of such linked pages at all times.
iii) PLI Subsidies
PLI scheme offers incentives on incremental sales for products manufactured in India. The first three PLI schemes were approved in March last year followed by 10 new schemes which were notified in November of which six were approved later.
Our End To End Services Includes:
Advising on optimising the benefits
Assistance in preparing the Projection report
Assistance in preparing & filing of the application
Follow-up with the authorities for obtaining the incentive
Sr. No | Sector | Products | Capital Outlay |
01 | Auto Components & Auto mobile | Automobile, Auto Components | 57,042 CR |
02 | Aviation | Drones, Drones Components | 120 Cr |
03 | Chemical | 18100 Cr | |
04 | Electronic System A. PLI for Large Scale Electronics Manufacturing B. PLI for IT Hardware | Mobile Phones, Specified Electronic components, Laptops, Tablets, All-in one-PC, Servers, | A. 4000 Cr B. 7325 Cr |
05 | Food Processing | Ready to eat/Ready to COOK RTE/RTC , Marine Products, frutis&Vegatables, Honey, Desi ghee, MozzrellaCheeze, Organic Eggs and poultry meat | 10900 Cr |
06 | Medical Devices | Medical Device Manufacturing | 18420 CR |
07 | Metals & mining | Coated Steeel, High strength steel, Steel Rails, A-lly steel bars & rods | 6322 Cr |
08 | Pharmaceuticals |
| 21940 Cr |
09 |
Renewable Energy | Solar PVs | 4500 Cr |
10 |
Telecom |
| 12195 CR |
11 |
Textiles & Apparel |
| 10683 Cr |
12 |
White Goods |
| 6238 Cr |
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Some Areas of Expertise
Vihang Adcon’s dedicated team of experts has been offering services related to the Credit Linked Capital Subsidy Scheme to its clients, procuring for them capital subsidy at 15% of the value of plant and machinery for loans up to INR 1 crore. At the same time, we help theme benefit from Industrial Promotion Subsidy packages for industrial decentralization, NABARD schemes, stamp duty exemption, electricity duty exemption, power tariff subsidy, interest subsidy, energy and water audit, food processing and additional incentives down the line.
Specific Schemes for Specific Niches
From textiles industries to small and medium enterprises working in specific niches, our experts cater to the subsidy and incentives benefits of all. For instance, we help provide plan support for textiles industries through The Technology Upgradation Fund Scheme (TUFS) in the form of interest reimbursement and capital subsidy. There are also several project loans and finance services for MSMEs including term loans, contract-based working capitals and so on that we can cater to.