Capital Investment Subsidy: Thrust Area Industries" under "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries"

Capital Investment Subsidy: Thrust Area Industries" under "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries" क्या है?

Throught the "Capital Investment Subsidy: Thrust Area Industries" scheme, the Thrust Area Industries are provided Subsidy on the Investments on Plant and Machinery. The applications are accepted offline in the prescribed form available on the Official Website of the Department.

लाभ

> **Subsidy on the Investments on Plant and Machinery** - 20% subject to a maximum of ₹20,00,000/- for the large and medium enterprises. - 35% subject to a maximum of ₹30,00,000/- for the small and micro enterprises. > **Number of Installments** The subsidy shall be disbursed in a single instalment. **NOTE:** Where due to paucity of funds in a particular financial year or for such other reasons as the case may be, single instalment disbursement is not possible, such disbursement will be made in instalments. > **Mode of Disbursement** **In the case of Units Financed by Financial Institutions/Banks,** the subsidy amount shall be disbursed through the financial institutions/banks only, towards the adjustment against the loan availed by the entrepreneurs or for the creation of additional fixed assets or working capital purposes. **In the case of Self-financed Units,** the subsidy shall be disbursed directly to the entrepreneurs.

स्तर

State — Puducherry

मंत्रालय / विभाग

Industries and Commerce Department, Puducherry

लाभ का प्रकार

cash

मुख्य पात्रता

The applicant should be a Thrust Area Industry (Electronic Industries, Bio-technology Industries, Food Processing Industries, Agro Processing Industries Including Marine Products, Leather Products and Footwear Industries, Light Engineering Industries Including Auto Components, Textiles Industries In

अंतिम सत्यापन

Recently

Benefits

> **Subsidy on the Investments on Plant and Machinery** - 20% subject to a maximum of ₹20,00,000/- for the large and medium enterprises. - 35% subject to a maximum of ₹30,00,000/- for the small and micro enterprises. > **Number of Installments** The subsidy shall be disbursed in a single instalment. **NOTE:** Where due to paucity of funds in a particular financial year or for such other reasons as the case may be, single instalment disbursement is not possible, such disbursement will be made in instalments. > **Mode of Disbursement** **In the case of Units Financed by Financial Institutions/Banks,** the subsidy amount shall be disbursed through the financial institutions/banks only, towards the adjustment against the loan availed by the entrepreneurs or for the creation of additional fixed assets or working capital purposes. **In the case of Self-financed Units,** the subsidy shall be disbursed directly to the entrepreneurs.

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.