| Land Incentives |
- Enterprises with investment in Plant & Machinery up to INR 10 crores: 100% up to 5 acres
- Enterprises with investment in Plant & Machinery more than INR 10 crores and up to INR 50 crores: 75% up to 25 acres
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| Stamp Duty Exemption |
- Enterprises with investment in Plant & Machinery up to INR 10 crores: 100% of applicable stamp duty
- Enterprises with investment in Plant & Machinery above INR 10 crores and up to INR 50 crores: 75% of applicable stamp duty
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| Exemption on Electricity Duty |
New enterprises with investment in Plant & Machinery up to INR 50 crores shall be exempted from the payment of electricity duty up to a contract demand of 750 KVA for a period of 5 years from the date of commencement of production
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| Incentive for Fixed Capital Investment |
New and existing enterprises undertaking Expansion/ Modernization/ Diversification (E/M/D) with investment in Plant & Machinery up to INR 10 crores shall be eligible for CIS in the following manner:
- New and existing enterprises undertaking E/M/D: 25% of capital investment made in Plant & Machinery with a maximum limit of INR 2 crores only.
- New and existing enterprises undertaking E/M/D owned by SC, ST, persons with disabilities, women & technical (Degree/Diploma) entrepreneur: 30% of investment made in Plant & Machinery with a maximum limit INR 2.50 crores only.
- New and existing enterprises undertaking E/M/D shall be granted additional CIS @5% of capital investment made in Plant & Machinery, subject to an upper limit of INR 20 lakhs over and above the limits as specified above at (a) and (b) for the following enterprises:
- Set up in Industrially Backward Districts.
- Set up in designated IDCO Industrial Estates or Industrial Areas along Biju Express Highway Corridor.
- Enterprise of Automobile & Auto Components, Plastics & Polymers, Steel & Stainless Steel, Defence Equipment, Aluminium, Pharmaceuticals, Medical Equipment and Apparel & Textile sector.
- New and existing enterprises undertaking E/M/D will be granted additional CIS @5% of capital investment made in technical civil works and Plant & Machinery for non-polluting measures, subject to an upper limit of INR 25 lakhs over and above the limits as specified above in sl. no. (a) and (b) for investment in non-polluting measures such as:
- Waste water treatment
- Waste recycling
- Green Energy Equipment manufacturing
- Green Buildings
- Use of rooftop renewable source of power
- Installing Continuous Emission Monitoring System (CEMS) for red category industries
- Effluent Treatment Plants
- Adopting rain water harvesting/ rainwater recharging practices
- Any other environment management practices/projects approved by the MSME Department
- New and existing Anchor enterprises undertaking E/M/D shall be eligible for CIS @30% of investment made in Plant & Machinery subject to a maximum limit of INR 4 Crores.
- New enterprises with investment in Plant & Machinery up to INR 50 crores engaged in manufacturing of E-Vehicle components and charging infrastructure shall be eligible for CIS @ 30% of the investment made in Plant & Machinery subject to a maximum limit of INR 3 Crores.
Note:
- Investment in Plant & Machinery till the date of Commencement of Production.
- For the enterprises set up by SC, ST, persons with disabilities, Women, Technical Degree or Diploma holders, their stake in shareholding shall be 51% or more individually or jointly on the date of commencement of production.
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| State Goods and Services Tax (SGST) reimbursement |
- New and existing enterprises undertaking Expansion/ Modernization/ Diversification (E/M/D) with investment in Plant & Machinery up to INR 50 crores shall be eligible for reimbursement of 75% of net SGST paid in cash for a period of 3 years from the date of commencement of production limited to 100% of cost of Plant & Machinery
- New pioneer enterprises with investment in Plant & Machinery up to INR 50 crores shall be eligible for reimbursement of 100% of net SGST paid in cash for a period of 5 years from the date of commencement of production limited to 200% of cost of Plant & Machinery
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| Interest Subsidy |
- New enterprises with investment in plant and machinery up to INR 50 crores shall be eligible for reimbursement of 50% of interest paid on term loan availed from public financial institutions/banks for a period of 5 years from the date of commencement of production, subject to a total maximum limit of INR 1 crore
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| Subsidy for MSME Sustainable Certification Zero Defect Zero Effect (ZED) |
- New and existing MSMEs will be provided an additional subsidy of 80% on the balance cost i.e., over and above the financial support provided by the Government of India on the expenses incurred by the MSME for obtaining MSME sustainable ZED certification.
- In order to encourage the new and existing MSMEs, a one-time reimbursement will be provided to the applicant MSME, towards the expenses incurred on the acquisition of plant & machinery/testing equipment in the following manner:
- @50% of expenses incurred on the acquisition of Plant & Machinery/testing equipment subject to an upper limit of INR 2.00 lakhs to achieve "ZED Bronze” from "No Rating”
- @50% of expenses incurred on the acquisition of Plant & Machinery/testing equipment subject to an upper limit of INR 3.00 lakhs to achieve "ZED Silver” from "ZED Bronze or lower rating”
- @50% of expenses incurred on the acquisition of Plant & Machinery/testing equipment subject to an upper limit of INR 5.00 lakhs to achieve "ZED Gold” from "ZED Silver or lower rating”
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| Employment Cost Subsidy |
- 75% reimbursement (in case of male workers) and 100% reimbursement (in case of female workers) of employers’ contribution paid towards ESI and EPF for a period of 5 years for new and existing units undertaking E/M/D, with investment in Plant & Machinery up to INR 10 crores, which employ unskilled, semi-skilled, skilled and highly skilled workers who are domicile of the State and are on the payroll of the unit.
- 75% reimbursement (in case of male workers) and 100% reimbursement (in case of female workers) of employers’ contribution paid towards ESI and EPF for a period of 3 years for new and existing units undertaking E/M/D, with investment in Plant & Machinery of more than INR 10 crores and up to INR 50 crores, which employ unskilled, semi-skilled, skilled and highly skilled workers who are domicile of the State and are on the payroll of the unit.
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| Quality Certification |
- New and existing enterprises undertaking Expansion/ Modernization/ Diversification (E/M/D) with investment in Plant & Machinery up to INR 50 crores will be provided with assistance for obtaining quality certifications from nationally and internationally recognized institutions and its renewal for next consecutive 2 years, i.e., for a total period of 3 years @100% of the quality certification charges up to a total maximum limit of 5 lakhs.
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| Technology Purchase Subsidy |
- The State Government shall reimburse 50% of the amount spent on the purchase of technology from the National Research Development Corporation (NRDC) or other Government research centres, up to a maximum limit of INR 20 Lakh.
- Special focus will be on technologies that could help the units become cleaner and/ or energy-efficient and/or IT-enabled.
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| Assistance for raising Capital through SME Exchange |
- New Enterprises with investment in Plant & Machinery above INR 1 crore and up to INR 50 crores shall be entitled for a one-time grant of 20% of expenditure incurred for raising of capital through SME Exchange subject to a maximum of INR 10 lakh after the successful raising of equity as per the scheme approved by SME Exchange.
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| Reimbursement of Audit Cost for Water Conservation |
- To encourage water conservation, a one-time reimbursement of 75% of water audit cost by approved agencies limiting to INR 1 lakh shall be provided to new enterprises, with investment in Plant & Machinery up to INR 50 crores, undertaking water conservation measures.
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| Reimbursement of Audit Cost for Energy Conservation |
- To encourage energy conservation, a one-time reimbursement of 75% of energy audit cost by approved agencies limited to INR 5 lakhs shall be provided to new enterprises, with investment in Plant & Machinery up to INR 50 crores, undertaking energy conservation measures
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| Trademark Assistance |
- New and existing enterprises undertaking E/M/D, with investment in Plant & Machinery upto INR 50 crores, shall be entitled for reimbursement of 100% of expenditure incurred in obtaining Trade Mark subject to a maximum limit of INR 3 lakhs.
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| Award to MSMEs |
In order to encourage competitiveness and efficiency amongst enterprises with investment in Plant & Machinery upto INR 50 crores, annual State Awards shall be given to MSMEs in recognition of their contribution in terms of:
- Product/Process Innovation
- Sustainability and adoption of environment-friendly technology
- Employment Generation
- Export
- Women entrepreneurship
- Registration of Patent and Trademark
- Excellence in growth, profitability, liquidity, and turnover
Quantum of first, second and third prizes will be of INR 1,51,000, INR 1,00,000 and INR 51,000 respectively.
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