This policy will be co-terminus with the IPR 2015
Parameter |
Eligible Investment |
Subsidy |
Limit |
Capital Investment Subsidy |
Rs.20 lakh - 50 Cr. |
20% |
Rs. 10 crore |
Rs.50 Cr. & above |
20% |
Rs. 15 crore |
Tented accommodation with minimum Rs. 0.20 crore |
30% |
Rs. 0.15 crore |
Equipment worth Rs. 1 crore or more for Adventure & Water sports |
20% |
Rs. 0.50 crore |
Additional 5% for:
- Projects around Chilika Lake, KBK, Kandhamala and Gajapati districts
- Projects owned by Women, SC, ST or differently abled entrepreneurs
|
Interest Subsidy |
- 5% per annum up to Rs. 1 crore for 5 years
|
Stamp Duty exemption |
- 100% exemption on purchase of land for the project
|
Land conversion charges |
|
Reimbursement of VAT |
- 100% for a period of 7 years limited to 200% of cost of plant and machinery/ 100% of project cost, whichever is lower
|
Reimbursement of Entertainment Tax |
- 100% for a period of 5 years for New Multiplex Cinema halls of at least 3 screens with investment of Rs. 3 crore, Public Aquarium, Aqua park & Amusement Park
|
Energy |
- Exemption of electricity duty up to a contract demand of 5MVA for 5 years
- Onetime reimbursement of energy audit cost up to Rs. 1 lakh
|
Reimbursement of Entry Tax |
- 100% for acquisition of plant & machinery
- 100% on raw material for 5 years up to 100% of cost of plant & machinery
|
Employment Cost Subsidy |
- 75% for male workers for 5 years
- 100% for female workers for 5 years
|
Environmental protection infrastructure subsidy |
- 20% of the capital cost of setting up effluent treatment plant/sewerage treatment plant up to Rs. 20 lakh
|
Training Subsidy |
- Rs. 2000 per employee trained within 3 years
|
Transport industry |
- 75% exemption from registration charges and 50% concession from payment of permit charges for AC coaches with minimum 25 seats
|
Participation in overseas Tourism Events |
- 50% of the space rent and travel expenses to a maximum of Rs. 75000
|
Film Shooting subsidy |
- 75% of actual expenditure in accommodation in Odisha to be reimbursed up to Rs. 10 lakh
|