Sarkari Yojana

“Capital Investment Subsidy: Information Technology (IT) / Information Technology Enabled Services (ITES) Industries” under “Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries”

Puducherry
Quick Summary: Puducherry gives new IT/ITES units that started production on or after 6 November 2002 a 20% subsidy (up to ₹20,00,000) on plant and machinery investment, paid in a single instalment to enterprises of all sizes.

About “Capital Investment Subsidy: Information Technology (IT) / Information Technology Enabled Services (ITES) Industries” under “Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries”

A component of Puducherry’s “Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries” scheme, run by the Department of Industrial Development (Industries and Commerce), this subsidy gives new IT/ITES industrial units that began production on or after 6-11-2002 a 20% subsidy on their plant and machinery investment, capped at ₹20,00,000/-, applicable to large, medium, small, and micro enterprises throughout the scheme’s operation. Applications go through the offline prescribed form on the Department’s official website.

Scheme Overview

Government Level

State Government

Eligible Entity

Business Entity

Scheme Details

Eligibility

Eligibility Requirements

To qualify for "Capital Investment Subsidy: Information Technology (IT) / Information Technology Enabled Services (ITES) Industries" under "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries", applicants must satisfy the following conditions:

✅

Eligible applicants must be new IT/ITES industrial units…

Eligible applicants must be new IT/ITES industrial units that commenced production on or after 6-11-2002.

Applicants must meet all of the above conditions to be considered eligible for this scheme.
Benefits

Benefits Provided

"Capital Investment Subsidy: Information Technology (IT) / Information Technology Enabled Services (ITES) Industries" under "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries" provides the following benefits to eligible applicants:

💰

A subsidy of 20% on plant and machinery…

A subsidy of 20% on plant and machinery investment, capped at ₹20,00,000/-, for large, medium, small, and micro enterprises during the scheme's operation.

✅

Number of Installments

Number of Installments

💰

The subsidy is disbursed in a single instalment

The subsidy is disbursed in a single instalment.

✅

Mode of Disbursement

Mode of Disbursement

💰

For units financed by financial institutions/banks,

the subsidy is disbursed only through them—applied against the entrepreneur's loan, or used for creating additional fixed assets or working capital. For self-financed units, the subsidy is disbursed directly to the entrepreneur.

Benefit amounts and conditions may vary by category — refer to the official scheme guidelines for exact figures applicable to your case.
Documents Required

Documents Required

Applicants should keep the following documents ready before starting the application:

General Documents

📄

Entrepreneurs Memorandum Part-2 (UAM/PMT) registration, or a Commencement…

Entrepreneurs Memorandum Part-2 (UAM/PMT) registration, or a Commencement of Production certificate.

📄

A competent authority's caste certificate, for Scheduled Caste/Scheduled…

A competent authority's caste certificate, for Scheduled Caste/Scheduled Tribe (SC/ST) entrepreneurs.

✅

Letter sanctioning the loan

Letter sanctioning the loan. Scheme-Specific Documents

📄

Land document that has been registered

Land document that has been registered.

✅

The Pollution Control Board's plan approval (PPA)

The Pollution Control Board's plan approval (PPA).

📄

Certificate of building valuation from an engineer, assessed…

Certificate of building valuation from an engineer, assessed by PWD or PIPDIC (Pondicherry Industrial Promotion Development and Investment Corporation).

✅

Lease agreement (registered) between the developer and the…

Lease agreement (registered) between the developer and the unit, covering the building.

✅

Invoices from the purchase of plant & machinery,…

Invoices from the purchase of plant & machinery, pollution equipment, or a generator.

📄

Certificate from a Chartered Accountant regarding investment in…

Certificate from a Chartered Accountant regarding investment in fixed assets, pollution control equipment, or the generator.

📄

Certificate confirming pollution control equipment installation, from the…

Certificate confirming pollution control equipment installation, from the Directorate of Sustainable Technologies and Environmental (DSTE).

✅

Consent orders for air and water, issued by…

Consent orders for air and water, issued by DSTE.

💰

An affidavit sworn before a notary

An affidavit sworn before a notary. Case-Specific Documents For second-hand machinery, an affidavit confirming no subsidy for it has been obtained from either the Central Government or any State or Union Territory.

Ensure all documents are valid and, where required, duly attested before submitting your application.

How to Apply

Offline Application

Applicants can apply for "Capital Investment Subsidy: Information Technology (IT) / Information Technology Enabled Services (ITES) Industries" under "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries" through the offline application process outlined below.

1️⃣

The industrial unit must register its claim for…

The industrial unit must register its claim for the incentive/subsidy using the prescribed form on the Directorate of Industries and Commerce, Puducherry's official website.

2️⃣

Fill in all mandatory fields and attach copies…

Fill in all mandatory fields and attach copies of all mandatory documents (self-attested, if required).

3️⃣

Submit the completed, signed application form along with…

Submit the completed, signed application form along with the documents to the concerned authority.

4️⃣

Request a receipt or acknowledgement from the concerned…

Request a receipt or acknowledgement from the concerned authority, ensuring it includes essential details such as the date and time of submission and a unique identification number (if applicable). *The State Level Committee reviews each case's merits to decide whether the unit qualifies for the incentive/subsidy. Application Deadline For New Units Within one year of obtaining the Entrepreneurs Memorandum Part-2/Permanent Registration/Commencement of Production Certificate. For Existing Units Within one year of completing Expansion/Diversification/Modernization.

Ensure all required documents are ready before starting the application process.

Exclusions / Who Is Not Eligible

The second hand machinery is not eligible.

Official Application & Website

Verify the latest eligibility, dates and instructions before applying.

Official Sources & References