Government Promotion Schemes

1. Government Promotion Schemes

2. Central Government • Incubation centres – 100 with a budget of Rs. 66. 5 lakhs per BI Host Institutions • i) Indian Institutes of Technology (IITs) • ii) National Institutes of Technology ( NITs) • iii) Engineering Colleges • iv) Technology Development Centres, Tool Rooms, etc • v) Other recognised R&D&/or Technical Institutes/Centres, Development

3. Contd • Target 4:1 Micro & small • The indicative areas of operation for innovative projects could be in the following fields: • i) Bio-technology • ii) Pharmaceuticals • iii) Information Technology • iv) Nano-technology • v) Polymer Products

4. Contd • Other Possible Areas-1 . • vi) Fruit Processing • vii) Ceramics Industry • viii) Glass Industry • ix) Herbal Medicines • x) General Stores • xi) Auto Components • xii) Electrical appliances

5. Contd • Other Possible Areas-2 . • xiii) Ready-made Garments • xiv) Sports Goods • xv) Wet Grinders • xvi) Metal Utensils • xvii) Surgical Instruments • xviii) Agriculture Implements • xix) Cane and Bamboo Products • xx) Leather Goods • xxi) Engineering Industries

6. State Government Incentives – Micro & small industries • 100 % stamp duty reimbursement on land • 25% rebate with a limit of 10 lakhs in industrial estates/parks • Fixed power cost reimbursement @ 0.75 per unit for 5 years • 15% subsidy on fixed capital with limit of 20 lakhs • 100% VAT reimbursement for 5 five years to micro units

7. Contd • 50% reimbursement of VAT for small enterprises • Pavalavaddi scheme new micro and small • Seed capital finance 10% of machinery cost • 50% reimbursement of cost in skill up gradation and training limit of Rs. 2000 per person • 50% subsidy on expenses of quality certification with limit of Rs. 2 lakhs

8. Medium & Large • 100% reimbursement of stamp duty on land • 25% rebate on land cost with limit up to 10 lakhs • Fixed power reimbursement @0.75 per unit • Reimbursement of 25% VAT • 50% reimbursement of cost in skill up gradation with limit of Rs. 2000 per person

9. Contd • 50 % subsidy on expenses for quality certification limit of Rs. 2 lakhs only for medium enterprises • Infrastructure 50% cost with limit of Rs. Crore

10. SC/ST • 100 % stamp duty reimbursement on land • 331/3% rebate on land cost with limit of Rs. 10 lakhs • Fixed power reimbursement @Re 1 per unit • Seed capital assistance @ 10% of machinery cost • 35% investment subsidy and additional subsidy of 5% in tribal areas

11. Contd • 100% VAT for micro • 50% VAT for small • Pavalavaddi • 50% reimbursement of cost in skill up gradation with limit of Rs. 2000 per person • 50 % subsidy on expenses for quality certification limit of Rs. 2 lakhs for micro and small

12. Contd • Infrastructure 50% of cost subject to a limit of Rs 1 crore

13. Women Entrepreneur • 5% additional subsidy • All other benefits of small & micro