Yozni.Login
Uttarakhandbusiness-entrepreneurship

Uttarakhand Micro, Small and Medium Enterprises Policy - 2023

The scheme aims to promote investment and employment in the state by supporting the establishment, expansion, and diversification of micro, small, and medium enterprises through financial incentives and a favourable ecosystem.

Ministry / Department
Industry Department
Level
State
Benefit type
cash
Last verified: Recently

Uttarakhand Micro, Small and Medium Enterprises Policy - 2023 क्या है?

The scheme aims to promote investment and employment in the state by supporting the establishment, expansion, and diversification of micro, small, and medium enterprises through financial incentives and a favourable ecosystem.

लाभ
***Assistance Provided under the MSME Policy:*** - **DPR Assistance:** 75% reimbursement of expenditure incurred on the preparation of Detailed Project Report (DPR). - **Stamp Duty Reimbursement:** 50% to 100%, depending on the category of the enterprise. - **Capital Goods Assistance:** 20% to 50% of the total fixed capital investment in workshop building, plant, and machinery, up to a maximum reimbursement of ₹4 crore, as per the district and category of enterprise. - **Interest Subsidy Reimbursement:** 2% to 4% per annum, within the prescribed maximum limit, as per the district and category of enterprise. - **Electricity Duty Reimbursement:** 100% reimbursement for load up to 500 KW. - **Market Fee Reimbursement:** 50% reimbursement, subject to a maximum annual limit. - **Quality Certification Incentive Assistance:** 75% reimbursement, up to a maximum of ₹1 lakh. - **Incentive for Cluster Development:** Financial incentive of 70% of the project cost, up to a maximum of ₹5 crore per project.
स्तर
State — Uttarakhand
मंत्रालय / विभाग
Industry Department
लाभ का प्रकार
cash
मुख्य पात्रता
1. Micro, small, and medium manufacturing enterprises in Uttarakhand, excluding those in the restricted categories under the policy, will be eligible. 1. The benefits of the policy will be applicable only if there is a minimum of 25% additional capital investment in the existing enterprise along wit
अंतिम सत्यापन
Recently

Benefits

***Assistance Provided under the MSME Policy:*** - **DPR Assistance:** 75% reimbursement of expenditure incurred on the preparation of Detailed Project Report (DPR). - **Stamp Duty Reimbursement:** 50% to 100%, depending on the category of the enterprise. - **Capital Goods Assistance:** 20% to 50% of the total fixed capital investment in workshop building, plant, and machinery, up to a maximum reimbursement of ₹4 crore, as per the district and category of enterprise. - **Interest Subsidy Reimbursement:** 2% to 4% per annum, within the prescribed maximum limit, as per the district and category of enterprise. - **Electricity Duty Reimbursement:** 100% reimbursement for load up to 500 KW. - **Market Fee Reimbursement:** 50% reimbursement, subject to a maximum annual limit. - **Quality Certification Incentive Assistance:** 75% reimbursement, up to a maximum of ₹1 lakh. - **Incentive for Cluster Development:** Financial incentive of 70% of the project cost, up to a maximum of ₹5 crore per project.

Eligibility

1. Micro, small, and medium manufacturing enterprises in Uttarakhand, excluding those in the restricted categories under the policy, will be eligible. 1. The benefits of the policy will be applicable only if there is a minimum of 25% additional capital investment in the existing enterprise along witArea: UttarakhandBenefit: cash

Documents Required

    How to Apply

    1. Step 1: Online application — step 1

      Units fulfilling the eligibility criteria under the policy can apply for incentives through the Incentive Tab on the portal www.investuttarakhand.uk.gov.in after commencing commercial production. Claims for financial incentives will be approved by the State Level Authorized Committee, headed by the Director General/Commissioner of Industries. Capital subsidy will be disbursed to micro enterprises in 2 equal annual installments and to small and medium enterprises in 5 equal annual installments. All other financial incentives will be provided in a lump sum.

    Sources & References

    Ready to apply?

    Applications are accepted only on the official government portal.

    Open Official Website