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MSME SUBSIDY

Credit Linked Capital Subsidy Scheme (CLCSS)

The CLCSS scheme is operated by The Ministry of MSME (Micro, Small and Medium Enterprises) since Oct-2000 in all over India. The objective of the scheme is to facilitate technology up-gradation of Micro and Small enterprises in specified product/sub-sectors. The Scheme was revised w.e.f. 29.09.2005. The revised scheme aims at facilitating Technology Upgradation of Micro and Small Enterprises by providing 15% capital subsidy or RS. 15 Lacs max (12% prior to 2005) on institutional finance availed by them for induction of well-established and improved technology in approved sub-sectors/products. The admissible capital subsidy under the revised scheme is calculated with reference to purchase price of Plant and Machinery. To avail the benefits of this scheme your company should be SSI/MSME registered unit and the machine/s should be purchased against the term loan from any listed bank, i.e, Scheduled, Nationalized Band or Co-operative Bank.

Package Scheme of Incentives (PSI-2019)

In order to encourage the dispersal of industries to lesser developed areas of the State, the Government of Maharashtra has been giving package of incentives to New Industrial Units / Expansion Units set up in the developing regions of the State since 1964 under a Scheme popularly known as the "Package Scheme of Incentives." Currently Maharashtra Govt. has running the PSI 2019 (valid till March 2024)

  • Industrial Promotion Subsidy
  • Stamp duty Exemption
  • Interest Subsidy
  • Electricity Duty Exemption
  • Power Tariff Subsidy
  • Energy & Water Audit

Technology And Quality Upgradation Support to MSMEs (TEQUP Scheme)

It is the acronym for Scheme for Technology and Quality Upgradation Support to Micro, Small and Medium Enterprises (TEQUP) .The basic objective of the scheme is to enhance competitiveness of the MSME sector through implementation of Energy Efficiency projects. The Scheme was launched by the Ministry of MSME (MOMSME), GoI in the financial year 2011-12. Under the scheme, Grant to the extent of 25% of the project cost for implementation of Energy Efficient Technologies (EET) subject to maximum of Rs. 10 lakh is provided.

Technology Upgradation Fund Scheme (TUFS)

To Upgrade & modernize the Indian Textile Industry by encouraging it to undertake & adopt modern technological process & or undertake capacity expansion Textile manufacturers can take benefits of 4% / 5% TUF interest subsidy and 10% / 15% / 20% capital subsidy. It provides plan support for modernization of textiles industry in the form of interest reimbursement and capital subsidy.

Technology Upgradation Fund Scheme (TUFS)

  • 30% Capital Subsidy for Brand new shuttle less looms.
  • 30% Capital Subsidy for Handloom & Carpet Industry.
  • 2% Interest Subsidy or 8% Margin Money Subsidy for Second Hand Shuttleless Looms.
  • 5% Interest Subsidy or 15% Margin Money Subsidy for all SSI Units.
  • 6% Interest Subsidy and 15% Capital Subsidy for Weaving Units.
  • 5% Interest Subsidy and 10% Capital Subsidy for specified processing, garmenting, Technical Textile, machinery.
  • 2% OR 5% Interest Subsidy for Spinning Units.

Food Processing (MOFPI) / National Food Mission from the Ministry of Food Processing

The Scheme for Technology upgradation/expansion/modernization/establishment being implemented by the Ministry of Food Processing Industries (MFPI) is aimed at upgradation of processing capabilities. The Scheme will provide 25% of the cost of plant & machinery and technical civil works subject to a maximum of Rs.50 lakhs in general areas and 33% up to Rs.75 lakh in difficult areas (Jammu & Kashmir, Himachal Pradesh, Uttarakhand, Sikkim, North-Eastern States, Andaman & Nicobar Islands, Lakshadweep and Integrated Tribal Development Project (ITDP)areas).

Company Registration

Company Formation, Udyam Registration/MSME Registration, EM Registration, NSIC Certificate, Pollution Control Board Permission, Credit Rating services, VAT/CST/TIN, Factory License, ISO Registration. - by A M B JAIN & CO.

 
     
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