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NEWS LETTER
Home >> Government Policies >> Subsidies and Promotion
State Governments-- Incentives/ Facilities/ Concessions
State Capital Investment Subsidy
In order to encourage setting up of industrial units in their States, State Governments provide State Capital Investment Subsidy to Priority Sector industries. The facilities are available in Uttar Pradesh, Jammu & Kashmir, Andaman & Nicobar Islands., Sikkim, Karnataka, Meghalaya, Himachal Pradesh, Gujarat, Punjab, Andhra Pradesh, Kerala, Maharashtra, Tripura and Manipur.
SalesTax concessions
StateGovernmentsgiveconcessions in sales tax to new units/sick units on the sale of their finished products at the first point of sale for a period of three to fifteen years. The facilities are available in Uttar Pradesh, Jammu & Kashmir, Sikkim, Daman & Diu, Karnataka, Meghalaya, Himachai Pradesh, Gujarat, Nagaland, Punjab, Rajasthan, Andhra Pradesh, Kerala, Haryana and Tripura.
Exemption from stamp duty and local taxes
State Governments exempt stamp duty in respect of land allofted by the Government to the new industrial units. Machinery, equipments, raw materials and packing materials of new units are exempted from payment of octroi duty and other local taxes. The facilities are available in Jammu & Kashmir, Sikkim, Daman, Karnataka, Meghalaya, Gujarat, Nagaland, Rajasthan, Haryana, Maharashtra and Manipur.
Rebate in electricity charges and water charges
State Governments provide rebate in electricity charges and water charges to the new and existing units in their respective States. The facilities are available in Sikkim, Daman, Karnataka, Himachal Pradesh, Gujarat, Nagaland, Rajasthan, Andhra Pradesh, Kerala and Maharashtra.
Interest Sutsidy
State Governments provide interest subsidy to entrepreneurs on term loans which they get from State Financial Institutions/Scheduled Banks. The facilities are available in Jammu & Kashmir, Andaman & Nicobar Islands, Sikkim, Meghalaya, Himachal Pradesh, Punjab, Rajasthan, Andhra Pradesh and Manipur.
State Transport Subsidy
Some State Governments provide State transport subsidy at notified rates from time to time to industrial units on transportation of raw materials and finished products. The facilities are available in Jammu & Kashmir, Andaman & Nicobar Islands, Nagaland and Manipur.
Subsidy for technical know-how
State Governments provide subsidy on the cost of technical know-how obtained by small scale industries from reputed and well established research and development organisations. For obtaining such technical know- how, plrior permission from State Governments has to be obtained. The facilities are available in Jammu & Kashmir, Sikkim, Delhi, Kerala and Manipur.
Marketing Support
The State Government Departments, Semi-Government Organisat,ions, Autonomous Government Organisations, Grant-in-Aid Institutions, Departmental Undertakings, etc. while making purchases of their requirements of store items, give preference to the products manufactured by the local SSI units. The facilities are available in Jammu & Kashmir, Sikkim, Nagaland, Delhi, Kerala, Manipur and Tripura.
Special facilities for export oriented un4ts
State Governments provide special package of incentives and better infrastructural facilities for export oriented units. State Governments reimburse costs incurred by SSI units for shipment of export samples from the nearest port/container depot to the port of destination. The facilities are available in Uttar Pradesh, Kar nataka, Himachal Pradesh, Punjab, Rajasthan and Tripura.
Air Freight Subsidy
State Governments provide Air Freight Subsidy to SSI units on their finished goods for any destination. The facilities are available in Uttar Pradesh.
Incentives to Non-Resident Indians (NRis)
State Governments provide special incentives for setting up new industries by NRis in their respective States. The facilities are available in Uttar Pradesh, Himachal Pradesh, Purjab and Rajasthan.
Special incentives for Women
SSI units owned and managed by women entrepreneurs having more than 80% women labourers are provided special incentives like 50% subsidy for building and machinery, rent subsidy, managerial grant, stipendary training, etc. The facilities are available in Tripura and Kerala.
