Sarkari Yojana
Incentive Scheme for MSMEs in Powerloom Sector: Subsidy for Energy Efficiency
About Incentive Scheme for MSMEs in Powerloom Sector: Subsidy for Energy Efficiency
Among the sub schemes of the “Incentive Scheme for MSMEs in Powerloom Sector” is the “Subsidy for Energy Efficiency”. West Bengal’s Department of Micro, Small & Medium Enterprises and Textiles introduced it on 1st January, 2022, with validity until 31st December, 2024. > Objective of the “Incentive Scheme for MSMEs in Powerloom Sector”:
By granting fiscal incentives to MSMEs in the Textile sector for setting up New age shuttleless Powerlooms, the Scheme seeks to increase production of improved quality fabrics. It also intends to create a sustainable ecosystem that uses resources efficiently, generates new jobs and widens the scope of operations, helping the State become the nation’s front-runner in the Powerloom sector. > Objective of the “Subsidy for Energy Efficiency” Sub-scheme:
Eligible micro or small Powerloom enterprises are reimbursed, for their approved project, the cost of an energy audit done by a certified agency, payable once its recommendations have been implemented. They can also claim reimbursement for the cost of energy conservation installations made in line with the energy audit.
Scheme Overview
State Government
Business Entity
01 Jan 2022
Scheme Details
Eligibility Requirements
To qualify for Incentive Scheme for MSMEs in Powerloom Sector: Subsidy for Energy Efficiency, applicants must satisfy the following conditions:
In general, the Scheme extends to all micro,…
In general, the Scheme extends to all micro, small, and medium enterprises (MSMEs) operating in the powerloom sector.
The enterprise must have commenced production during 01.01.2022…
The enterprise must have commenced production during 01.01.2022 to 31.12.2024.
It must have entered into a Four-party agreement…
It must have entered into a Four-party agreement involving the Directorate of Textiles, a Financial institution and Tantuja.
Units may be undertakings in the private, cooperative…
Units may be undertakings in the private, cooperative or joint sector, companies/ undertakings owned and managed by the State Government, or Industrial SHGs.
A detailed feasibility report/project specifically prepared must support…
A detailed feasibility report/project specifically prepared must support the project.
Sanction and approval of the project by a…
Sanction and approval of the project by a Central Financial Institution, Commercial Banks or State Financial Institutions is required.
Benefits Provided
Incentive Scheme for MSMEs in Powerloom Sector: Subsidy for Energy Efficiency provides the following benefits to eligible applicants:
The energy audit cost is subsidised at 50%
The energy audit cost is subsidised at 50%.
Installations for energy conservation recommended by the energy…
Installations for energy conservation recommended by the energy audit are subsidised at 25%, up to a maximum of ₹2,00,000/-.
Documents Required
Applicants should keep the following documents ready before starting the application:
Copy of the partnership deed or of the…
Copy of the partnership deed or of the Memorandum and Articles of Association authenticated by the Registrar of Companies (if applicable).
Names and addresses of the Directors /Partners /Owners…
Names and addresses of the Directors /Partners /Owners of the enterprise, or the Members of the Cooperative or Self Help Group, in a statement (as applicable).
Copy of the project report as approved
Copy of the project report as approved.
Copies of the loan sanction and disbursement letters…
Copies of the loan sanction and disbursement letters given by the financial institutions/ banks.
Copy of the signed agreement
Copy of the signed agreement.
Audited balance sheet copies for the previous 2…
Audited balance sheet copies for the previous 2 years, if applicable.
Particulars of existing manufacturing in West Bengal, covering…
Particulars of existing manufacturing in West Bengal, covering items, annual approved capacity and annual output for the past three years (in quantity and value in Rs. Lakh), if applicable.
Copy of the land deed if applicable, or…
Copy of the land deed if applicable, or for rented /leasehold land / buildings, copies of the rent agreement and receipt /lease agreement.
Copy of the land/ building mutation & conversion…
Copy of the land/ building mutation & conversion certificate.
Copy of the WBPCB consent to operate certificate…
Copy of the WBPCB consent to operate certificate (valid).
Copies of SGST documents
Copies of SGST documents.
Copy of the trade licence held
Copy of the trade licence held.
Copy of the very first electricity bill (if…
Copy of the very first electricity bill (if applicable)
Copy of the Udyam Registration acknowledgement
Copy of the Udyam Registration acknowledgement
Copy of the SC / ST certificate, if…
Copy of the SC / ST certificate, if applicable.
Copies of further statutory licenses/certificates, where needed
Copies of further statutory licenses/certificates, where needed.
“Self declaration” following para 7.1(vi) of the Official…
“Self declaration” following para 7.1(vi) of the Official Scheme Guidelines.
Bills and money receipts for spending on the…
Bills and money receipts for spending on the Energy Audit and energy conservation installations.
The certified agency's Energy Audit Report/Recommendations relating to…
The certified agency's Energy Audit Report/Recommendations relating to this claim.
Particulars of the energy conservation installations
Particulars of the energy conservation installations.
2022-01-01
How to Apply
Offline Application
Applicants can apply for Incentive Scheme for MSMEs in Powerloom Sector: Subsidy for Energy Efficiency through the offline application process outlined below.
Application Process
When production begins, an eligible micro, small or medium Powerloom enterprise wishing to claim the subsidy files its application in the prescribed Form-A2 with all supporting documents at the Directorate of Textiles. Time frame for submission of first Application: No later than 12 months after commercial production commences (01.01.2022 to 31.12.2024). Address: Directorate of Textiles, Handlooms, Spinning Mills, Silk Weaving & Handloom Based Handicrafts Division New Secretariat Buildings, 1, K. S. Roy Road, 5th Floor, 'B' Block, Kolkata 700001. Tel No. 033-2248 4537 / 2248 6271 (Ext. 215) Fax No. 033-2248 4537
Exclusions / Who Is Not Eligible
- 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 certificate 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 31.12.2021 and applied for incentive under the respective Incentive Scheme of the State within the stipulated date (The claim will be governed by the respective Incentive Scheme of the State).
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.