Sarkari Yojana

Investment Promotion Scheme (IPS) for MSME Sector: Assistance of Fixed Capital Investment Subsidy

Quick Summary: New and expanding MSMEs in Dadra and Nagar Haveli & Daman and Diu can receive a 15% subsidy on Gross Fixed Capital investment, capped at ₹15,00,000/-, ₹30,00,000/- or ₹35,00,000/- for micro, small and medium units. An extra ₹10,00,000/- applies where eligible GFCI exceeds ₹10,00,00,000/-.

About Investment Promotion Scheme (IPS) for MSME Sector: Assistance of Fixed Capital Investment Subsidy

“Assistance of Fixed Capital Investment Subsidy” forms part of the “Investment Promotion Scheme (IPS)” for MSME Sector as a sub scheme. It was launched by the Dept. of Industries, U.T. Administration Of Dadra & Nagar Haveli And Daman & Diu on 3rd July, 2015 for five years, and its term has been further extended from 20th May, 2022 so that it is operative till 19th May, 2027. > Objective of the “Investment Promotion Scheme (IPS)”:

The scheme’s aim is to support the MSME Sector with incentives and assistance, nurturing units, protecting them from market vagaries and enabling them to become vibrant and successful. It is also designed to maximise Women participation in business, bring local unemployment down and give industries reasons to employ resident laborers etc. > Objective of the “Assistance of Fixed Capital Investment Subsidy” Sub-scheme:

Eligible industries become entitled through this incentive to a Capital Investment subsidy on the investment they make in Gross Fixed Capital investment (GFCI).

Scheme Overview

Government Level

State Government

Eligible Entity

Business Entity

Launch / Open Date

03 Jul 2015

Scheme Details

Eligibility

Eligibility Requirements

To qualify for Investment Promotion Scheme (IPS) for MSME Sector: Assistance of Fixed Capital Investment Subsidy, applicants must satisfy the following conditions:

✅

Both New Manufacturing/ Service units and Existing Manufacturing/…

Both New Manufacturing/ Service units and Existing Manufacturing/ Service units undertaking Expansion/ Diversification in the MSME sector are eligible.

✅

The date of commencement of commercial production must…

The date of commencement of commercial production must fall between 20.05.2022 to 19.05.2027.

✅

The unit is required to be in the…

The unit is required to be in the U.T. of Dadra and Nagar Haveli & Daman and Diu.

✅

Production must be kept going for 5 years…

Production must be kept going for 5 years from the date commercial production starts.

✅

The enterprise must follow the Pollution Control measures…

The enterprise must follow the Pollution Control measures set by the PCC or another competent authority under Notification No. PCC/DMN/13(PART IV)/2020-2021/448 DATED 25/01/2021.

✅

The application must be submitted within one year…

The application must be submitted within one year of the first loan disbursement date, or on or before one year from the date commercial production commences.

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

Benefits Provided

Investment Promotion Scheme (IPS) for MSME Sector: Assistance of Fixed Capital Investment Subsidy provides the following benefits to eligible applicants:

💰

Micro Industries:

These units get a 15% Subsidy, subject to an upper ceiling of ₹15,00,000/-.

💰

Small Industries:

A 15% Subsidy is allowed here, capped at ₹30,00,000/-.

💰

Medium Industries:

The 15% Subsidy for this category has an upper ceiling of ₹35,00,000/-. Note: Where the eligible GFCI exceeds ₹10,00,00,000/-, an extra ₹10,00,000/- is given.

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:

📄

Corporate Identification Number (CIN) proof document

Corporate Identification Number (CIN) proof document.

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Taxpayer Identification Number (TIN) proof document

Taxpayer Identification Number (TIN) proof document.

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Permanent Account Number (PAN) proof document

Permanent Account Number (PAN) proof document.

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Goods and Services Tax Number (GST) proof document

Goods and Services Tax Number (GST) proof document.

✅

Documents for all Other Registrations

Documents for all Other Registrations.

✅

Udyam Registration / Industrial Entrepreneur Memorandum, copy as…

Udyam Registration / Industrial Entrepreneur Memorandum, copy as applicable.

📄

Partnership concern

Partnership concern: Partnership Deed and Firm Registration Certificate (copies). Public/Private Limited companies: Memorandum & Articles of Association and Date of Incorporation Certificate (copies).

🌾

In case the Enterprise works on its own…

In case the Enterprise works on its own land: land purchase deed copy, duly signed by the applicant.

🌾

In case the Enterprise works on leased land/…

In case the Enterprise works on leased land/ building: registered lease agreement copy for a period of at least 5 years from the date of commencement of commercial production.

✅

Sanction order for power supply from the Electricity…

Sanction order for power supply from the Electricity Department, along with the latest bill, in copy.

✅

Authorization letter

Authorization letter.

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Consent to Operate / Renewal copy from PCC,…

Consent to Operate / Renewal copy from PCC, DNH & DD, applicable as per Notification No. PCC/DMN/13(PART VI)/2020-21/448 DATED 25/01/2021.

✅

Factory licence copy

Factory licence copy.

✅

Undertaking

Undertaking.

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

2015-07-03

How to Apply

Online Application

Applicants can apply for Investment Promotion Scheme (IPS) for MSME Sector: Assistance of Fixed Capital Investment Subsidy through the online application process outlined below.

Registration Process :

1️⃣

Visit the Registration page available on the Official…

Visit the Registration page available on the Official Website.

2️⃣

Feed the required information into the input spaces…

Feed the required information into the input spaces and click “Register”.

3️⃣

Check your email for the verification link and…

Check your email for the verification link and use it to verify the address (If Mail is Not Received Your Inbox. Please Check the Spam).

4️⃣

Click the Link/ URL in that mail, or…

Click the Link/ URL in that mail, or paste the Link/URL in your browser's address bar, to complete the Account Verification.

5️⃣

The OTP to enter for verifying your mobile…

The OTP to enter for verifying your mobile number is “111111”; afterwards the Mobile Number and Pin are emailed to the registered Email Address.

6️⃣

The registered email will carry your login credentials…

The registered email will carry your login credentials after successful registration. Application Process :

1️⃣

Visit the Login page for users on the…

Visit the Login page for users on the Official Website.

2️⃣

Enter the registered Mobile Number and the PIN…

Enter the registered Mobile Number and the PIN that was emailed, then click on “Log In”.

3️⃣

From the menu bar on the left, after…

From the menu bar on the left, after a successful Log In, open the “Departments & Services” tab.

4️⃣

Scroll down to reach “District Industries Centre DD…

Scroll down to reach “District Industries Centre DD & DNH”; click “Click Here” there to apply for “Investment Promotion Scheme : 2022 to 2027 (20 May 2022 to 19 May 2027)”.

5️⃣

Once the “Common Application Form” opens, fill in…

Once the “Common Application Form” opens, fill in all the required input fields and upload the mandatory documents.

6️⃣

Check over the entered information, then click the…

Check over the entered information, then click the “Submit” button so the application is complete.

Helpdesk: : District Industries Centre, Contact No.: 0260-2260871 / 0260-2260310 E-mail Address: dic-dd@nic.in Technical Assistance on the Single Window Portal (ie. https://investdd.in) can be had at Contact No. : 0260-2231885 / 2231886 and E-Mail : ddegs-dd@nic.in

Exclusions / Who Is Not Eligible

- The Enterprise will not be eligible for Capital Investment Subsidy under this Scheme if, a term loan is sanctioned after one year from the date of commencement of commercial production.

Official Application & Website

Verify the latest eligibility, dates and instructions before applying.

Official Sources & References