Operative Period From : 04.09.2018 To : 31.12.2023
Any New or Existing enterprise who is engaged in eligible textile product manufacturing activity as mentioned above and filed a separate Industrial Entrepreneur Memorandum (IEM) or Udyog Aadhar Memorandum (UAM) with the competent authority.
Enterprise which has obtained first disbursement & started its commercial production during the operative period of the scheme will eligible for the assistance.
Only three expansion including one Forward / Backward Integration during operative period is eligible to existing unit set up during operative period of the scheme.
An existing enterprise that sets up a new independent project of eligible activities, with separately identifiable fixed capital investment, will be treated as New Unit under this policy.
Benefits
| Sr. No. |
Category of Enterprise | No. of Employee | Interest Subsidy |
| 1 | MSME | – | 6% |
| 2 | Large | Providing Direct Employment up to 100 persons | 4% |
| Providing Direct Employment to more than 100 and up to 200 persons | 4.50% | ||
| Providing Direct Employment to more than 200 and up to 500 persons | 5% | ||
| Providing Direct Employment to more than 500 persons | 6% |
Interest Subsidy will be available for the period of 5 years.
Along with Interest Subsidy unit can also avail Power Tariff Subsidy Benefit @ Rs. 3 per unit or Rs. 2 per Unit for Period of 5 years.