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25% Capital Investment Subsidy Scheme

The Union Territory of Lakshadweep has implemented the scheme “25% Capital Investment Subsidy” to provide financial assistance to local entrepreneurs for promoting Micro and small Enterprises in Lakshadweep.

Ministry / Department
Industries Department, Lakshadweep
Level
State
Benefit type
cash
Last verified: Recently

25% Capital Investment Subsidy Scheme क्या है?

The Union Territory of Lakshadweep has implemented the scheme “25% Capital Investment Subsidy” to provide financial assistance to local entrepreneurs for promoting Micro and small Enterprises in Lakshadweep.

लाभ
1. Under the scheme, financial assistance of 25 % of the total cost of the Enterprise inclusive of land, machinery, and construction limited to the maximum amount of ₹6.25 lakhs will be provided to the eligible entrepreneurs.
स्तर
State — Lakshadweep
मंत्रालय / विभाग
Industries Department, Lakshadweep
लाभ का प्रकार
cash
मुख्य पात्रता
1. Any individual above 18 years of age including Women, ex-servicemen & physically handicapped is eligible to apply under the scheme. 1. New Micro or Small units engaged in manufacturing/servicing except the activities specified in the **Negative List** are eligible to claim a 25% Capital Inves
अंतिम सत्यापन
Recently

Benefits

1. Under the scheme, financial assistance of 25 % of the total cost of the Enterprise inclusive of land, machinery, and construction limited to the maximum amount of ₹6.25 lakhs will be provided to the eligible entrepreneurs.

Eligibility

1. Any individual above 18 years of age including Women, ex-servicemen & physically handicapped is eligible to apply under the scheme. 1. New Micro or Small units engaged in manufacturing/servicing except the activities specified in the **Negative List** are eligible to claim a 25% Capital InvesArea: LakshadweepBenefit: cash

Documents Required

    How to Apply

    1. Step 1: Offline application — step 1

      Step 01: The Scheme will be advertised/ published through the Panchayat Raj Institution and Lakshadweep website every year to attract more Entrepreneurs. Step 02: Newly established Entrepreneurs shall submit their application form as per the guidelines issued by the Department of Industries to the concerned DCs/SDOs of respective islands along with all the supporting documents. Step 03: The duly constituted Island level Committee under the Chairmanship of DCs/SDOs shall verify the claims submitted by the Entrepreneur and also physically inspect the Units. The same may be forwarded to the Director, Industries in the prescribed format ( Annexure-IV ) with complete details including bills received from the Entrepreneur. A. Island Level Committee except Bitra are as follows: 1. Deputy Collector/ SDOs- Chairman 2. Assistant Engineer (PWD)- Member 3. Senior Auditor/JAO, FPU- Member 4. Senior most Supervisor, Department of Industries - Member Bitra: 1. Assistant Engineer (PWD)- Chairman 2. Authorised Officer Bitra- Member 3. Executive Officer, Panchayat- Member B. District Level Scrutinising Committee 1. The Secretary (Industries) – Chairman 2. The Accounts Officer(1), DP - Member 3. The Superintending Engineer, LPWD- Member 4. The Director (Plg. & Stats) – Member 5. The Director of Industries – Member Note: The District Level Committee (DLC) shall verify the details received from the Island Level Committee and recommend the quantum of subsidy to the Beneficiary according to the guidelines.

    Sources & References

    Ready to apply?

    Applications are accepted only on the official government portal.

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