Sarkari Yojana
Capital Investment Subsidy: Thrust Area Industries” under “Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries”
About Capital Investment Subsidy: Thrust Area Industries” under “Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries”
Forming one component of the “Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries” Scheme of the Department of Industrial Development (Industries and Commerce), Union Territory of Puducherry, the “Capital Investment Subsidy: Thrust Area Industries” gives Thrust Area Industries a subsidy on what they invest in Plant and Machinery. Applications are submitted offline using the prescribed form posted on the Department’s Official Website.
Scheme Overview
State Government
Business Entity
Scheme Details
Eligibility Requirements
To qualify for Capital Investment Subsidy: Thrust Area Industries" under "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries", applicants must satisfy the following conditions:
Only a Thrust Area Industry may apply, namely…
Only a Thrust Area Industry may apply, namely Electronic Industries, Bio-technology Industries, Food Processing Industries, Agro Processing Industries Including Marine Products, Leather Products and Footwear Industries, Light Engineering Industries Including Auto Components, Textiles Industries Including Garments, and New thrust area industries that began production on or after 3rd April 2003.
Benefits Provided
Capital Investment Subsidy: Thrust Area Industries" under "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries" provides the following benefits to eligible applicants:
Subsidy on the Investments on Plant and Machinery
Large and medium enterprises
Large and medium enterprises: 20%, up to a maximum of ₹20,00,000/-.
Small and micro enterprises
Small and micro enterprises: 35%, up to a maximum of ₹30,00,000/-. Number of Installments The subsidy is paid out in one single instalment. NOTE: If a lack of funds in a given financial year, or any other reason, makes a one-time payment impossible, the amount will be released in instalments instead. Mode of Disbursement In the case of Units Financed by Financial Institutions/Banks, the subsidy is routed solely through the financial institutions/banks, to be adjusted against the entrepreneur's loan or used for creating additional fixed assets or for working capital. In the case of Self-financed Units, the entrepreneurs receive the subsidy directly.
Documents Required
Applicants should keep the following documents ready before starting the application:
General Documents
The Entrepreneurs Memorandum Part-2 (UAM/ PMT) Registration/ Commencement…
The Entrepreneurs Memorandum Part-2 (UAM/ PMT) Registration/ Commencement of Production Certificate.
For Scheduled Caste/Scheduled Tribe (SC/ST) Entrepreneurs, a caste…
For Scheduled Caste/Scheduled Tribe (SC/ST) Entrepreneurs, a caste certificate issued by the competent authority.
The letter sanctioning the loan
The letter sanctioning the loan. Scheme-Specific Documents
The registered document for the land
The registered document for the land.
Plan approval granted by the Pollution Control Board…
Plan approval granted by the Pollution Control Board (PPA).
An engineer's certificate valuing the building, as assessed…
An engineer's certificate valuing the building, as assessed by the Public Works Department (PWD)/Pondicherry Industrial Promotion Development and Investment Corporation (PIPDIC).
The registered lease agreement for the building signed…
The registered lease agreement for the building signed between the developer and the unit.
Purchase invoices covering Plant & Machinery/ Pollution Equipment/…
Purchase invoices covering Plant & Machinery/ Pollution Equipment/ Generator.
A Chartered Accountant's certificate on investment in Fixed…
A Chartered Accountant's certificate on investment in Fixed Assets / Pollution Control Equipment / Generator.
A certificate confirming installation of pollution control equipment,…
A certificate confirming installation of pollution control equipment, issued by the Directorate of Sustainable Technologies and Environmental (DSTE).
Air/Water Consent Orders issued by DSTE
Air/Water Consent Orders issued by DSTE.
An affidavit attested by a notary
An affidavit attested by a notary. Case-Specific Documents Where Second Hand Machinery is involved, an affidavit declaring that no subsidy for it has been taken from the Central Government or any State or Union Territories.
How to Apply
Offline Application
Applicants can apply for Capital Investment Subsidy: Thrust Area Industries" under "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries" through the offline application process outlined below.
Lodge the claim for the incentive/subsidy using the…
Lodge the claim for the incentive/subsidy using the prescribed form published on the Official Website of the Directorate of Industries and Commerce, Puducherry.
Complete all mandatory fields on the form and…
Complete all mandatory fields on the form and enclose copies of every mandatory document, self-attested where required.
Hand over the completed, signed form together with…
Hand over the completed, signed form together with the documents to the concerned authority.
Obtain a receipt or acknowledgement from the concerned…
Obtain a receipt or acknowledgement from the concerned authority that accepted the form, and make sure it shows the date and time of submission and a unique identification number (if applicable). *Each case is examined on its merits by the State Level Committee, which decides whether the unit is entitled to the incentive/subsidy. Application Deadline For New Units No later than one year from the date of obtaining the Entrepreneurs Memorandum Part-2/ Permanent Registration/ Commencement of Production Certificate. For Existing Units No later than one year after the Expansion/ Diversification/ Modernization is completed.
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.