Aatmanirbhar Madhya Pradesh Subsidy Scheme - 2022 for Large & Thrust Sector
Aatmanirbhar Madhya Pradesh Subsidy Scheme - 2022 for Large & Thrust Sector
1. Administered By:
Industries & Mines Department, Government of Madhya Pradesh (State Government)
2. Validity Period:
From 05.10.2022 To 04.10.2027
3. Who will be Eligible?
Any Large and Thrust Sector Manufacturing Unit for new as well as expansion of existing unit.
4. Assistance Available:
Interest subsidy @7% with maximum 1% to 1.2% of Eligible Fixed Capital Investment p.a. for a period 6 to 10 years based on Sector (General & Thrust) & Category of Taluka.
EPF Reimbursement to New/existing unit @12% of Salary (Basic + Dearness Allowance + Retaining allowance) with maximum Rs. 1800 per month for a period of 10 years for appointment of new employees working in Gujarat who are not registered under PF before appointment.
Exemption from Electricity Duty @ 10 % to 15% which is equivalent to Rs. 1 per unit for a period of 5 years.
SGST Subsidy by way of reimbursement @80% to 100% of net SGST paid in Cash with maximum 5% to 8% of Eligible Fixed Capital Investment p.a. based on Sector (General & Thrust) & Category of Taluka for a period of 10 years.
