"Capital Investment Subsidy: 5% Additional Capital Investment Subsidy to Karaikal Region" under "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries"

"Capital Investment Subsidy: 5% Additional Capital Investment Subsidy to Karaikal Region" under "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries" क्या है?

The "Capital Investment Subsidy: 5% Additional Capital Investment Subsidy to Karaikal Region" is a Component of the "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries" Scheme by the Department of Industrial Development (Industries and Commerce), UT of Puducherry.

लाभ

5% Additional Incentive on the Existing Subsidy Schemes to the Units in Karaikal Region: - 30% subject to a limit of ₹30,00,000/- in case of SC/ST/Women Entrepreneurs. - 25% subject to a limit of ₹25,00,000/- for IT Industries. - 40% subject to a limit of ₹35,00,000/- for Small and Micro Thrust Area Enterprises. - 25% Subject to a Maximum of ₹25,00,000/- for Medium and Large Thrust Area Enterprises. The priority industries which will be announced by Government and set up in Karaikal district shall be eligible for subsidy at the rate of 25% on fixed asset viz., land, building and plant and machinery subject to a maximum of ₹40,00,000/-.

स्तर

State — Puducherry

मंत्रालय / विभाग

Industries and Commerce Department, Puducherry

लाभ का प्रकार

cash

मुख्य पात्रता

- The applicant should have an industrial unit in the Karaikal Region of Puducherry. - The applicant should have a priority industry announced by Government and set up in Karaikal.

अंतिम सत्यापन

Recently

Benefits

5% Additional Incentive on the Existing Subsidy Schemes to the Units in Karaikal Region: - 30% subject to a limit of ₹30,00,000/- in case of SC/ST/Women Entrepreneurs. - 25% subject to a limit of ₹25,00,000/- for IT Industries. - 40% subject to a limit of ₹35,00,000/- for Small and Micro Thrust Area Enterprises. - 25% Subject to a Maximum of ₹25,00,000/- for Medium and Large Thrust Area Enterprises. The priority industries which will be announced by Government and set up in Karaikal district shall be eligible for subsidy at the rate of 25% on fixed asset viz., land, building and plant and machinery subject to a maximum of ₹40,00,000/-.

Eligibility

Documents Required

How to Apply

1. Step 1: Offline application — step 1

   Step 1: The industrial unit should register the claim for the grant of incentive/subsidy in the prescribed form available on the Official Website of the Directorate of Industries and Commerce, Puducherry.

2. Step 2: Offline application — step 2

   Step 2: In the application form, fill in all the mandatory fields, and attach copies of all the mandatory documents (self-attest, if required).

3. Step 3: Offline application — step 3

   Step 3: The unit should submit the duly filled and signed application form and the documents to the concerned authority.

4. Step 4: Offline application — step 4

   Step 4: Request a receipt or acknowledgement from the concerned authority to whom the application form has been submitted. Ensure that the receipt contains essential details such as the date and time of submission, and a unique identification number (if applicable).

5. Step 5: Offline application — step 5

   *The State Level Committee will go into the merits of each case to decide whether the unit qualifies for the grant of incentive/subsidy.

6. Step 6: Offline application — step 7

   Application Deadline

7. Step 7: Offline application — step 8

   For New Units

8. Step 8: Offline application — step 9

   Within one year from the date of commencement of obtaining the Entrepreneurs Memorandum Part-2/ Permanent Registration/ Commencement of Production Certificate.

9. Step 9: Offline application — step 10

   For Existing Units

10. Step 10: Offline application — step 11

    Within one year of completion of Expansion/ Diversification/ Modernization.

Sources & References

• Official scheme website ↗
• Source record ↗
• Information is summarised from official government sources. Verify all details on the official website before applying.