INDUSTRIAL POLICY 2020

INDUSTRIAL POLICY 20202020-09-11T08:47:20+00:00

Scheme For Assistance To Micro, Small, And Medium Enterprise (MSME)

Eligibility ( New Enterprise )

UAM / Udhyam Registration & Commercial Production, start during the period of scheme.

Expansion

Gross Fixed Capital 50% Above(out of which at least 60% of investment is made in
plant & machinery for which expansion is carried out) of its existing GFCI.
Investment made in building, plant & machinery, utilities, tools and equipment, and
other assets (excluding land) required manufacturing the end product .

Capital Subsidy

  • Taluka I
    25 % of disbursement maximum limit of  Rs 35 lakhs,  if FCI is above Rs 10 Cr additional Rs 10 lakhs will be given.
  • Taluka II
    20 % of disbursement maximum limit of  Rs 30 lakhs, if FCI is above Rs 10 Cr additional Rs 7 5 lakhs will be given.
  • Taluka III & Municipal Corporation
    10 % of disbursement maximum limit of  Rs 10 lakhs,  if FCI is above Rs 10 Cr additional Rs 5 lakhs will be given.

Interest Subsidy

  • Taluka I
    7 % on Term Loan with the maximum amount of  Rs 35 lakhs,  per annum for a period of  7 years
  • Taluka II
    6 % on Term Loan with the maximum amount of  Rs 30 lakhs,  per annum for a period of  6 years.
  • Taluka III & Municipal Corporation
    5 % on Term Loan with the maximum amount of  Rs 25 lakhs,  per annum for a period of  5 years
  • Additional 1%  for women entrepreneur
  • Additional 1%  Disabled Person
  • Additional 1%  if entrepreneur age is below 35.
  • Enterprise have to bear 2 Interest

Service Sector Interest Subsidy

  • Taluka I
    7 % on Term Loan with the maximum amount of  Rs 35 lakhs  per annum for a period of 7 years.
  • Taluka II
    6 % on Term Loan with the maximum amount of  Rs 33 lakhs  per annum for a period of 6 years.
  • Taluka III & Municipal Corporation
    5 % on Term Loan with the maximum amount of  Rs 25 lakhs  per annum for a period of 5 years.
  • Additional 1% interest subsidy to registered startup in service sector.

CGTMSE Fees

100% annual services fees, will be paid to bank up to 5 years.

Power Connection Charges

Eligibility

MSME, located in other than GIDC approved industrial park area which has paid charges to distribution licensee, during the operative period of the scheme, for new connection or to getting additional load in case of existing consumer (in case of expansion) or for shifting of connection or service line, will be eligible for assistance under the scheme.

Quantum of assistance

Assistance at 35 of charges paid to distribution licenses for LT/LH service line, maximum limit up to Rs 5 lakhs.

Rent to MSEs

  • The assistance at 65 of rent paid by the enterprise with maximum limit of Rs
    1 00 000 /
  • The assistance will be provided for five years