Sarkari Yojana
“Employment Incentive” under “Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries”
About “Employment Incentive” 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 Industries and Commerce Department, this “Employment Incentive” gives a wage/employment subsidy of 20% of wages/salary, capped at ₹5,00,000 per annum, to workers covered under the Provident Fund (PF). Only new units that began production on or after 2-8-2004 qualify, for 5 years from their production start date. Applications go through the offline prescribed form on the Department’s official website.
Scheme Overview
State Government
Business Entity
Scheme Details
Eligibility Requirements
To qualify for "Employment Incentive" under "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries", applicants must satisfy the following conditions:
Only new units that began production on or…
Only new units that began production on or after 2-8-2004 qualify for this incentive, for 5 years from the date production began.
The unit must directly employ at least 10…
The unit must directly employ at least 10 people.
The "employment incentive" is granted only if the…
The "employment incentive" is granted only if the unit has given at least 60% of its jobs to people from the UT of Puducherry.
Benefits Provided
"Employment Incentive" under "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries" provides the following benefits to eligible applicants:
A wage/employment subsidy of 20% of wage/salary, capped…
A wage/employment subsidy of 20% of wage/salary, capped at ₹5,00,000/- per annum, for workers covered under the Provident Fund (PF) (if applicable).
"Employment Incentives" are granted only if the unit…
"Employment Incentives" are granted only if the unit has provided at least 60% of its employment to people from the UT of Puducherry. *Wage/salary is capped by the minimum wages the Government prescribes from time to time.
Documents Required
Applicants should keep the following documents ready before starting the application:
Entrepreneurs Memorandum Part-2 (UAM/PMT) registration, or the Commencement…
Entrepreneurs Memorandum Part-2 (UAM/PMT) registration, or the Commencement of Production certificate.
A caste certificate from the competent authority, for…
A caste certificate from the competent authority, for Scheduled Caste/Scheduled Tribe (SC/ST) entrepreneurs.
The loan sanction letter
The loan sanction letter.
Invoices for the purchase of plant & machinery,…
Invoices for the purchase of plant & machinery, pollution equipment, or the generator.
A Chartered Accountant's certificate covering investment in fixed…
A Chartered Accountant's certificate covering investment in fixed assets, pollution control equipment, or the generator.
A month-by-month statement of interest paid, issued by…
A month-by-month statement of interest paid, issued by the bank/finance institution, together with a no-dues certificate.
A list of employees enrolled under the Provident…
A list of employees enrolled under the Provident Fund scheme, along with their wage/salary payment details.
Proof of Provident Fund remittance for the period…
Proof of Provident Fund remittance for the period being claimed.
A notarized affidavit
A notarized affidavit.
How to Apply
Offline Application
Applicants can apply for "Employment Incentive" under "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries" through the offline application process outlined below.
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.
Fill in all mandatory fields and attach copies…
Fill in all mandatory fields and attach copies of all mandatory documents (self-attested, if required).
Submit the completed, signed application form along with…
Submit the completed, signed application form along with the documents to the concerned authority.
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). *Applications are processed directly by the Industries Department for sanction; these cases do not need to go before the State Level Committee. 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.
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.