Sarkari Yojana

Incentive Scheme for MSMEs in Powerloom Sector: Work Force Welfare Assistance

West Bengal
Quick Summary: Powerloom MSMEs in West Bengal that hire at least 50% of staff from the State Employment Bank get their ESI and EPF contributions reimbursed, 100% in the first year and 75% after, for 5 to 9 years by zone.

About Incentive Scheme for MSMEs in Powerloom Sector: Work Force Welfare Assistance

Part of the “Incentive Scheme for MSMEs in Powerloom Sector”, the “Work Force Welfare Assistance” sub scheme was rolled out on 1st January, 2022 by the Department of Micro, Small & Medium Enterprises and Textiles, Government of West Bengal, and stays valid until 31st December, 2024. > Objective of the “Incentive Scheme for MSMEs in Powerloom Sector”:

Under the main Scheme, MSMEs in textiles receive fiscal incentives to adopt New age shuttleless Powerlooms, which should raise production of improved quality fabrics. It also aims to shape a sustainable ecosystem for textile MSMEs that optimises resources, creates new employment and spreads operations wider, enabling the State to become India’s leading Powerloom state. > Objective of the “Work Force Welfare Assistance” Sub-scheme:

An eligible micro, small or medium Powerloom enterprise is repaid, for its approved project, its contribution to Employees State Insurance (ESI) and Employees Provident Fund (EPF), provided no less than 50% of its employees are hired from people registered with the State’s Employment Bank.

Scheme Overview

Government Level

State Government

Eligible Entity

Business Entity

Launch / Open Date

01 Jan 2022

Scheme Details

Eligibility

Eligibility Requirements

To qualify for Incentive Scheme for MSMEs in Powerloom Sector: Work Force Welfare Assistance, applicants must satisfy the following conditions:

✅

The Scheme covers, as a general rule, all…

The Scheme covers, as a general rule, all micro, small, and medium enterprises (MSMEs) of the powerloom industry.

✅

Production should have commenced in the span 01.01.2022…

Production should have commenced in the span 01.01.2022 to 31.12.2024.

💰

The enterprise should be party to a Four-party…

The enterprise should be party to a Four-party agreement with the Directorate of Textiles, the Financial institution and Tantuja.

✅

Units can be undertakings in the private sector,…

Units can be undertakings in the private sector, cooperative sector or joint sector, State Government-owned and managed companies/ undertakings, or Industrial SHGs.

✅

A detailed feasibility report/ project prepared for the…

A detailed feasibility report/ project prepared for the purpose must cover the project.

💰

The project should carry the sanction and approval…

The project should carry the sanction and approval of a Central Financial Institution or Commercial Banks or State Financial Institutions.

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

Benefits Provided

Incentive Scheme for MSMEs in Powerloom Sector: Work Force Welfare Assistance provides the following benefits to eligible applicants:

✅

The first year's contribution is reimbursed in full…

The first year's contribution is reimbursed in full (100%), and 75% is reimbursed in the following years.

✅

Zone B:

support lasts 5 years.- Zone C: support lasts 7 years.- Zone D & E: support lasts 9 years.

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:

✅

Memorandum of Association and Articles of Association bearing…

Memorandum of Association and Articles of Association bearing authentication by the Registrar of Companies, or partnership deed, as relevant to the unit.

✅

Statement naming the Directors/ Partners/ Owners of the…

Statement naming the Directors/ Partners/ Owners of the enterprise, or the Cooperative/Self Help Group Members, with their addresses, as relevant to the unit.

✅

Copy of the project report once approved

Copy of the project report once approved.

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Sanction and disbursement letters of the loan from…

Sanction and disbursement letters of the loan from financial institutions/ banks.

✅

The agreement, copied

The agreement, copied.

✅

Audited balance sheets of 2 recent years, as…

Audited balance sheets of 2 recent years, as relevant to the unit.

✅

Statement of current manufacturing in West Bengal with…

Statement of current manufacturing in West Bengal with items, annual approved capacity and annual production over the last three years (in quantity and value in Rs. Lakh), as relevant to the unit.

🌾

Land deed copy as relevant to the unit…

Land deed copy as relevant to the unit (in the case of rented /leasehold land / buildings, the rent agreement and receipt /lease agreement).

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Land/ building mutation & conversion certificate copy

Land/ building mutation & conversion certificate copy.

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Valid WBPCB consent to operate certificate copy

Valid WBPCB consent to operate certificate copy.

✅

Copies of the unit's SGST documents

Copies of the unit's SGST documents.

✅

Trade licence held by the unit

Trade licence held by the unit.

✅

The unit's first electricity bill (as relevant to…

The unit's first electricity bill (as relevant to the unit).

✅

Acknowledgement of the unit's Udyam Registration

Acknowledgement of the unit's Udyam Registration.

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SC / ST certificate, as relevant to the…

SC / ST certificate, as relevant to the unit.

✅

Any other statutory licences/certificates needed

Any other statutory licences/certificates needed.

✅

“Self declaration” conforming to para 7.1(vi) of the…

“Self declaration” conforming to para 7.1(vi) of the Official Scheme Guidelines .

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Proof of contributions paid to ESI/EPF

Proof of contributions paid to ESI/EPF.

✅

Statement listing workers' names, ages, dates and nature…

Statement listing workers' names, ages, dates and nature of appointment, and nature of work.

💰

Certificate issued by the Regional Provident Fund Commission…

Certificate issued by the Regional Provident Fund Commission in the format of Annexure - III .

📄

Certificate issued by the Director, ESI in the…

Certificate issued by the Director, ESI in the format of Annexure-III .

📄

Proof of hiring through the State's Employment Bank

Proof of hiring through the State's Employment Bank.

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

2022-01-01

How to Apply

Offline Application

Applicants can apply for Incentive Scheme for MSMEs in Powerloom Sector: Work Force Welfare Assistance through the offline application process outlined below.

📋

Application Process

Once production begins, an eligible enterprise seeking this subsidy applies to the Directorate of Textiles using the prescribed Form-A2 . Time frame for submission of first Application: Within 12 months, starting from the date 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

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

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.

Official Sources & References