Sarkari Yojana
Incentives by MSME Department for Setting Up of Aromatic Industries in Aroma Park located at SIIDCUL, Kashipur – Centre for Aromatic Plants
About Incentives by MSME Department for Setting Up of Aromatic Industries in Aroma Park located at SIIDCUL, Kashipur – Centre for Aromatic Plants
Run by the Centre for Aromatic Plants (CAP), Selaqui, Dehradun, which falls under the Department of Horticulture, Government of Uttarakhand, the “Incentives by MSME Department for Setting Up of Aromatic Industries in Aroma Park located at SIIDCUL, Kashipur” scheme is designed to attract aromatic industries to Aroma Park, SIIDCUL, Kashipur. Entrepreneurs who set up units there receive financial incentives, concessional facilities and technical guidance, with the wider goal of driving industrial expansion and economic progress in the area.
Scheme Overview
State Government
Centre For Aromatic Plants, Selaqui, Dehradun
Individual
Scheme Details
Eligibility Requirements
To qualify for Incentives by MSME Department for Setting Up of Aromatic Industries in Aroma Park located at SIIDCUL, Kashipur - Centre for Aromatic Plants, applicants must satisfy the following conditions:
1
1. Any entrepreneur or individual who wishes to establish an aromatic industry within Aroma Park can benefit from this scheme.
Benefits Provided
Incentives by MSME Department for Setting Up of Aromatic Industries in Aroma Park located at SIIDCUL, Kashipur - Centre for Aromatic Plants provides the following benefits to eligible applicants:
Units that come up in Aroma Park are offered a package covering investment promotion assistance, interest subsidy, SGST reimbursement, stamp duty exemption, market fee exemption and electricity at concessional rates. The incentives are set out below:
Investment promotion assistance:
40% (maximum ₹40 lakh) of the fixed capital investment made in plant and machinery and the workshop building of the enterprise is provided.
Interest Subsidy:
For a period of 5 years from the date of commencement of production, 10% of the interest payable on term loans raised to build the workshop building and buy plant & machinery is covered (maximum ₹8 lakh per year per unit).
Reimbursement of SGST:
The entire 100% of net SGST liability on sales to customers within the state (B2C) is reimbursed for a period of 5 years from the date of commencement of production.
Exemption from Stamp Duty:
No stamp duty is charged on registering the sale deed/lease deed for land on which the enterprise is established — the exemption is full.
Exemption from Market Fee:
Raw materials enjoy 100% exemption from market fee for a period of 5 years from the date of commencement of production.
Supply of Electricity at Concessional Rates:
Uninterrupted power is supplied at the concessional irrigation/tubewell rate (currently ₹1.55 per unit) for a period of 5 years from the date of commencement of production.
Documents Required
Applicants should keep the following documents ready before starting the application:
The documents needed to claim the scheme's benefits…
The documents needed to claim the scheme's benefits are those prescribed under SIIDCUL guidelines.
How to Apply
Offline Application
Applicants can apply for Incentives by MSME Department for Setting Up of Aromatic Industries in Aroma Park located at SIIDCUL, Kashipur - Centre for Aromatic Plants through the offline application process outlined below.
Application Process
SIIDCUL calls for online applications for setting up aromatic industries in Aroma Park by publishing advertisements on its website:
https://esiidcul.com/eprocure/home
. Vacant plots in Aroma Park can be applied for only during a fixed window, and plot sizes along with Earnest Money Deposit (EMD) details are listed on the SIIDCUL website.
Applicants pick a plot by size, apply online and deposit the required EMD. Once the window closes, all applications for a given plot are considered and industrial plots are allotted, subject to availability, in line with SIIDCUL's procedure. Plots are awarded to the highest bidder through online bidding, and the winner receives an allotment letter.
Details of vacant plots and current advertisements are posted on w
ww.siidcul.com
. Entrepreneurs planning an industry in Aroma Park can also turn to the Centre for Aromatic Plants (CAP) for technical assistance.
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.