Sarkari Yojana
Banglashree for Micro, Small and Medium Enterprises: State Capital Investment Subsidy (CIS)
About Banglashree for Micro, Small and Medium Enterprises: State Capital Investment Subsidy (CIS)
The “State Capital Investment Subsidy” is among the sub-schemes of the “Banglashree for Micro, Small and Medium Enterprises” initiative. It came into force on 1st April 2020 through the Department of Micro, Small and Medium Enterprises and Textiles, Government of West Bengal, and continues until 31st March 2025. > Objectives of the “Banglashree for MSME” Scheme
Banglashree aims to spur entrepreneurs into founding Micro, Small and Medium Enterprises by offering fiscal incentives. It targets balanced MSME development all over the State and a durable MSME ecosystem that optimises resource use, creates new employment and extends its reach, positioning the State as India’s leading MSME hub. > Objectives of the “State Capital Investment Subsidy” Scheme
This incentive entitles an eligible micro or small enterprise in the Zone C, D & E area to a State Capital Investment Subsidy on its approved project.
Scheme Overview
State Government
Business Entity
01 Apr 2020
Scheme Details
Eligibility Requirements
To qualify for Banglashree for Micro, Small and Medium Enterprises: State Capital Investment Subsidy (CIS), applicants must satisfy the following conditions:
Only a Micro/ Small/ Medium Enterprise can apply
Only a Micro/ Small/ Medium Enterprise can apply.
The enterprise must be a manufacturing unit
The enterprise must be a manufacturing unit.
Production must have started on or after 1st…
Production must have started on or after 1st April 2019.
The enterprise must be a private sector/ cooperative…
The enterprise must be a private sector/ cooperative sector/ joint sector undertaking, or a company/ undertaking owned and managed by the State Government or the Industrial SHGs.
The Date of Commencement of Commercial Production (DOCCP)…
The Date of Commencement of Commercial Production (DOCCP) must be within the window of 1st April 2020 to 31st March 2025.
Benefits Provided
Banglashree for Micro, Small and Medium Enterprises: State Capital Investment Subsidy (CIS) provides the following benefits to eligible applicants:
For its approved project, the enterprise gets a subsidy calculated as a share of its fixed capital Investment (FCA), as below: Micro Enterprise: Zone C 25%; Zone D 40%; Zone E 60%. Small Enterprise: Zone C 15%; Zone D 30%; Zone E 40%.
Every eligible micro and small enterprise fully (100%)…
Every eligible micro and small enterprise fully (100%) owned by women, SC/ST, or minority community entrepreneurs receives an extra 20% on top of the normally admissible State Capital Investment Subsidy.
Eligible micro or small enterprises fully owned by…
Eligible micro or small enterprises fully owned by women, SC/ST, or minority community entrepreneurs and located in Zone – A and B can claim a subsidy on fixed capital Investment (FCA) at these rates:
15% for a Micro Enterprise, and 10% for…
15% for a Micro Enterprise, and 10% for a Small Enterprise NOTE 1: For a Small Enterprise in Zone C & D, the normal and additional subsidy combined cannot go above ₹ 50,00,00/-. NOTE 2: For a Small Enterprise in Zone E, the normal and additional subsidy combined cannot go above ₹ 75,00,000/-.
Documents Required
Applicants should keep the following documents ready before starting the application:
Where relevant, a copy of the partnership deed…
Where relevant, a copy of the partnership deed or of the Memorandum of Association and Articles of Association authenticated by the Registrar of Companies.
Statement listing the names and addresses of Directors…
Statement listing the names and addresses of Directors / Partners / Owners, or the Members of a Cooperative or Self Help Group, whichever applies.
The approved project report (copy)
The approved project report (copy).
The banks'/financial institutions' letters of loan sanction and…
The banks'/financial institutions' letters of loan sanction and disbursement (copy).
Audited balance sheets covering the last 2 years,…
Audited balance sheets covering the last 2 years, where relevant (copy).
A list of plant and machinery showing original…
A list of plant and machinery showing original value, backed by copies of bills and money receipts.
If relevant, a note on existing manufacturing in…
If relevant, a note on existing manufacturing in West Bengal listing items, approved annual capacity, and annual output for the last three years (quantity and value in Rs. Lakh).
Land deed (copy, where relevant); for rented /leasehold…
Land deed (copy, where relevant); for rented /leasehold land or buildings, the rent agreement plus receipt or the lease agreement.
Certificate of mutation & conversion for the land/…
Certificate of mutation & conversion for the land/ building (copy).
WBPCB consent to operate certificate, currently valid (copy)
WBPCB consent to operate certificate, currently valid (copy).
Documents concerning SGST
Documents concerning SGST.
The trade licence (copy)
The trade licence (copy).
First electricity bill, where relevant (copy)
First electricity bill, where relevant (copy)
Udyog Aadhaar Registration acknowledgement (copy)
Udyog Aadhaar Registration acknowledgement (copy)
SC / ST certificate, where relevant (copy)
SC / ST certificate, where relevant (copy).
Any other required statutory licences/certificates (copy)
Any other required statutory licences/certificates (copy).
A self-declaration conforming to para 7.1(vi) of the…
A self-declaration conforming to para 7.1(vi) of the Scheme .
A self-certification of fixed assets in the Annexure-I…
A self-certification of fixed assets in the Annexure-I format.
2020-04-01
How to Apply
Online Application
Applicants can apply for Banglashree for Micro, Small and Medium Enterprises: State Capital Investment Subsidy (CIS) through the online application process outlined below.
Registration Process:
Visit the Shilpasathi Portal and select ‘Apply Online’;…
Visit the Shilpasathi Portal and select ‘Apply Online’; on the screen that follows, select ‘Create New’ to register as a new user.
Indicate the Applicant Type (Industry /Business /Commercial /Charitable…
Indicate the Applicant Type (Industry /Business /Commercial /Charitable Society/ Govt. entity) and supply the Registration Number.
Provide every mandatory detail on the ‘User Registration’…
Provide every mandatory detail on the ‘User Registration’ page and select ‘Register’. Application Process:
Visit the Shilpasathi Portal and select ‘Apply Online’
Visit the Shilpasathi Portal and select ‘Apply Online’.
Access the portal with your username & password,…
Access the portal with your username & password, or through an OTP sent to your registered mobile number.
From the user dashboard, select ‘ALL SERVICES’ followed…
From the user dashboard, select ‘ALL SERVICES’ followed by 'MSME Incentive' among the listed services.
Select ‘Create CAF’; once your CAF ID is…
Select ‘Create CAF’; once your CAF ID is generated, select ‘Apply Online’ to go on.
Complete the "eligibility form" and select “Save and…
Complete the "eligibility form" and select “Save and Continue” to open the common application form (CAF).
Enter all mandatory fields of the CAF and…
Enter all mandatory fields of the CAF and select “Update and Continue” to preview it.
After submission, the “Dashboard” loads so you can…
After submission, the “Dashboard” loads so you can see where the application stands.
Continue the application from the Dashboard via “Click…
Continue the application from the Dashboard via “Click to Proceed” and select “Save” afterwards to record the updates.
Select "Preview" to check the form before submitting…
Select "Preview" to check the form before submitting it finally.
Select "Go to Application" on the next screen…
Select "Go to Application" on the next screen to complete the "Online Form - A" application.
In the "APPLY SUBSIDY" section, go through the…
In the "APPLY SUBSIDY" section, go through the year-wise subsidy items for your application and select "SAVE" when finished.
Move to the "FILL UP SUBSIDY" tab, enter…
Move to the "FILL UP SUBSIDY" tab, enter the year-wise subsidy details and select "Add More" to display a multi-year or year-wise breakup.
Upload supporting documents, preview, select “VERIFY & SUBMIT”,…
Upload supporting documents, preview, select “VERIFY & SUBMIT”, tick the declaration box and select “Submit Application”.
Once Form-A is finally submitted, you receive an…
Once Form-A is finally submitted, you receive an application reference number for checking the application status. Date of submission of first application: Apply no later than 12 months after the DOCCP or 12 months after the Banglashree notification date, whichever is later.
Exclusions / Who Is Not Eligible
> **Enterprises Excluded from this Scheme**
- Enterprises registered and for which eligibility certificates have been issued /incentives have been sanctioned and/ or disbursed under the respective Incentive Scheme of the State.
- Enterprises registered and for which eligibility certificates have been issued in terms of the respective Incentive Scheme of the State but no sanction or disbursement of incentive has been made.
- Enterprises commenced production before 01.04.2019 and applied for incentive under the respective Incentive Scheme of the State within the stipulated date.
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> ***Negative List Of Industries***
1. Sponge Iron Factory.
2. Bricks (Excluding Fly Ash bricks, Sand lime Bricks, Refractory Bricks).
3. Any other industry notified by the State Govt. for inclusion in this list.
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> **Items excluded while calculating the investment made in Plant & Machinery**
- Equipment such as tools, jigs, dies, moulds and spare parts for maintenance and the cost of consumable stores.
- Installation of Plant and Machinery.
- Research and development equipment and pollution control equipment.
- Power generation set and extra transformer installed by the enterprise as per the regulations of the State Electricity Board.
- Bank charges and service charges paid to the National Small Industries Corporations or the State Small Industries Corporations.
- Procurement or installation of cables, wiring, bus bars, electrical control panels (not mounted on individual machines), oil circuit breakers or miniature circuit breakers which are necessarily to be used for providing electrical power to the Plant and Machinery or for safety measures.
- Gas producer plant.
- Transportation charges for indigenous machinery from the place of their manufacture to the site of the enterprise.
- Charges paid for technical know-how for the erection of the Plant and Machinery.
- Such storage tanks which store raw materials and finished products only and are not linked to the manufacturing process.
- Fire fighting equipment.
**NOTE:** The cost of any second-hand plant and machinery purchased and installed for implementation of the project will be excluded in the calculation of the cost of the plant and machinery.
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.