Central Government Subsidy

35% of the eligible project cost subject to a maximum of Rs. 5.00 crore in General Areas.

Eligible Project Cost comprise cost of Plant & Machinery, civil work and other fixed assets required for manufacturing.

The unit has to filied expression of Interest (EOI) with ministry before sanction and Disbursement of term loan.

1. Administered By:

Ministry of Textile Government of India

2. Validity Period:

The scheme is in operational till 31.03.2022.

3. Who will be Eligible? :

All Textile Units (MSME/Large) is eligible under this scheme

4. Assistance Available:

Capital subsidy @ 10% (Maximum Rs. 20 Crores) of the basic cost of eligible plant and machinery to units engaged in normal textile and @ 15% (Maximum Rs. 30 Crores) for Technical Textile manufacturer.

5. Basic Conditions of Scheme:

Application for UID to be filed within 6 months from the date of sanction of term loan.

Application for JIT to be filed within 1 year from the date of sanction of term loan.

The Plant and Machineries purchased on or after approval of Term Loan will be eligible under Scheme. However, the unit is allowed to make advance payments up to margin money.

Machinery and Suppliers of machinery has to be registered as per guidelines of Ministry.

1. Administered By:

Ministry of Micro, Small & Medium Government of India

2. Validity Period: The scheme is in operational till 31.03.2020 and it’s under revalidation.

3. Who will be Eligible?

Existing & New Enterprise having MSE Status is eligible.

Industry Graduating Small scale to Medium Scale on account of sanction of New Term Loan shall also be eligible.

4. Assistance Available:

Capital Subsidy @15% of basic cost of Eligible Machine or Term Loan whichever is lower with ceiling of Rs. 15 Lacs per Company.

5. Basic Conditions of Scheme:

Only New Plant and machinery as per approved list of Well Established and Improved Technologies under the CLCSS is eligible.

Machinery purchased after sanction of Term Loan shall be eligible.

For Setting up New Micro Enterprise

For Upgradation of Existing PMEGP units

Basic Condition of Scheme:

Maximum Project cost admissible shall be Rs. 50 lakhs for new enterorise having status as Individual.

The maximum cost of project admissible under manufacturing sector for upgradation is Rs. 1 Crore.

Maximum amount of subsidy is Rs. 15 Lakhs for upgradation of existing Manufacturing PMEGP units.

a) Automobile and Auto Component Industry

b) Aviation

c) Chemicals

d) Electronic Systems

e) Medical Devices

f) Pharmaceuticals

g) Textile and Apparels