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| | | PMRY |
| Transport
Subsidy Scheme | |
Capital Investment Subsidy Scheme | | Centre's
Capital Incentive Scheme | | Tax
Holiday Scheme | | |
| | | TRANSPORT
SUBSIDY SCHEME | | The
Transport subsidy scheme was introduced in July, 1971 to promote industries in
hilly, remote and inaccessible areas. The scheme is a applicable to the states
of Himachal Pradesh, J & K, the North-Eastern States, Sikkim, Union Territories
of Andaman & Nicobar Islands and Lakshadweep, Darjeeling District of West Bengal
and eight hill districts of Utter Pradesh comprising Almora, Chomoly, Dehradun,
Nainital, Pauri Garhwal, Pithoragarh, Tehri Garhwal and Uttar Kashi. Under the
scheme, subsidy of 90% is admissible on transport costs incurred on movement of
raw materials and finished goods from designated rail heads/parts up to the location
of the industrial units and vice-versa in the region. The Scheme is operated through
the State Governments. The North Eastern Development Financial Corporation [NEDFI]
has been designated as a nodal agency to release subsidy to the eligible units
on the basis of recommendations of the State Level Committee under the chairmanship
of Commissioner & Secretary of Industries, Govt. of Assam. SISI is one of the
members of State Level Committee. Interested Small Scale entrepreneurs may apply
to the concerned DICC for claiming of Transport subsidy. |
| HIGHLIGHTS
OF NEW INDUSTRIAL POLICY FOR NE REGION |
| Go
Top | | | | CAPITAL
INVESTMENT SUBSIDY SCHEME | |
Capital Investment Subsidy Scheme 1997 has been introduced
and notified on 1.6.1998 under the Prime Minister's new initiative for the North
Eastern Region. Under the Scheme subsidy @15%of the investment in plant & machinery
subject to a maximum ceiling of Rs. 10 lakhs is payable to industries located
in the growth centres and to new industrial units and/or their substantial expansion
in other identified areas in the North Eastern Reign. The Scheme is operated through
the State Governments. The North Eastern Development Financial Corporation [NEDFIC]
has been designated as a nodal agency to release subsidy to the eligible units
on the basis of recommendations of the State Level Committee under the chairmanship
of Commissioner & Secretary of Industries, Govt. of Assam. Interested Small Scale
entrepreneurs may apply to the concerned DICC for claiming of Transport subsidy.
| | HIGHLIGHTS
OF NEW INDUSTRIAL POLICY FOR NE REGION |
| Go
Top | | | INTEGRATED
INFRASTRUCTURAL DEVELOPMENT (IID) SCHEME FOR SMALL SCALE INDUSTRIES IN THE
BACKWARD/RURAL AREAS | - The
IID Scheme for Small Scale Industries to promote stronger linkages between agriculture
and industry was lunched in 1994.
- The
scheme covers backward district / rural areas which were not covered under the
Growth Centres Scheme, being implemented by the Department of Industrial Policy
and Promotion.
- The
aim of the Scheme is to create and develop infrastructural facilities like developed
sites, power, distribution net work, water, telecommunication, drainage and pollution
control facilities, roads, banks, raw materials, storage and marketing outlets,
common services facilities and technical backup services. Creation / upgradation
of infrastructural facilities like power, water, communication etc. in the new/existing
centres /industrial areas.
- Under
the scheme, the concerned State Government are required to select suitable sites
in the rural/backward areas, firm up project proposals, get the project appraised
from SIDBI.
- The
High Power Committee under the Scheme in the Ministry of SSI & ARI, Govt. of India
considers the proposals only after recommendation of SIDBI becomes available.
- The
estimated cost to set up an IID centre is Rs. 5 crores (excluding cost of land)
which is shared between the Govt. of India and SIDBI in the ratio of 2:3.
- The
share of the Central Government is in the form of grant and that of SIDBI as loan.
- The
cost in excess of Rs. 5 Crores will be borne by the respective State/UT's/implementing
agencies.
- With
a view to give a fillip to the growth of Small Industries in the northeastern
Region, Govt. of India has recently relaxed the funding pattern of this scheme
for Northeast region. As per revised pattern, project cost is shared by Govt.
of India and SIDBI in the ratio of 4:1, i.e., Govt. of India grant would be rs.4
crores and state share /SIDBI loan would be Rs. 1 crore.
- State
Public Sector Undertaking or corporate body or a good NGO can implement the IID
Scheme.
- Such
agencies should have good track record and sound financial position as evident
from their audited balance sheet
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