Central GovernmentVerified

"Rent Subsidy" under "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries"

This scheme aims to support SC/ST and women entrepreneurs who have initiated production on or after 27-3-2002 in a rented building. It provides rent subsidy for the first five years from the commencement of commercial production on a tapering basis, with a max ceiling of ₹5,000 per month.

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About This Scheme

The "Rent Subsidy" is a Component of the "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries" Scheme by the Industries and Commerce Department, Union Territory of Puducherry. This scheme aims to support scheduled caste/scheduled tribe and woman entrepreneurs who have initiated production on or after 27-3-2002 in a rented building. It provides rent subsidy for the first five years from the commencement of commercial production on a tapering basis, with a maximum ceiling of ₹5,000 per month, subject to specific conditions. The applications are accepted offline in the prescribed form available on the Official Website of the Department.

Benefits

Subsidy for the first five years from the date of commencement of commercial production on a tapering basis as below:

For the First Two Years: 50% of the Rent.

For the Third Year: 40% of the Rent.

For the Fourth and Fifth Year: 25% of the Rent.

The claims will be entertained and granted only in respect of units in operation.

₹5.0K · monthly

The subsidy is subject to a ceiling of ₹5,000/- per month.

Eligibility

Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.

Required Documents

✦
Entrepreneurs Memorandum Part-2 (UAM/ PMT) Registration/ Commencement of Production Certificate.
✦
Caste certificate from the competent authority in the case of Scheduled Caste/Scheduled Tribe (SC/ST) Entrepreneurs.
✦
Loan Sanction Letter.
✦
Receipt for the Payment to the Exhibition Organiser for Rent/Space.
✦
Notary Affidavit.
✦
Receipts for Electricity Charges.
✦
Receipts of Sales Tax Returns.
✦
Receipts of Rent Payment.

✦ Required ◦ Optional

How to Apply

IIn-person

Quick Info

Level: Central Government
Max benefit: ₹5.0K