Central GovernmentVerified

West Bengal Incentive Scheme for Approved Industrial Park (SAIP) for MSMEs: Incentive for Basic and Essential Common Infrastructure Facilities

The “Incentive for Basic and Essential Common Infrastructure Facilities” under the “SAIP for MSMEs” scheme, aims to provide one time back-ended incentive for development of Basic and Essential Common Infrastructure Facilities based on land area.

Start date16 Sept 2020

End date / Deadline15 Sept 2025

Last verifiedToday

Official Source ↗

About This Scheme

The scheme “Incentive for Basic and Essential Common Infrastructure Facilities” is a sub scheme under the “West Bengal Incentive Scheme for Approved Industrial Park (SAIP) for MSMEs”. It was launched on 16th September, 2020, by the Department of Micro, Small & Medium Enterprises and Textiles, Government of West Bengal, shall remain in force up to 5 years. > Objective of the "West Bengal Incentive Scheme for Approved Industrial Park (SAIP) for MSMEs”: The objective of the Scheme is to provide state support in the form of fiscal and non fiscal incentives in order to encourage private sector to set up industrial parks on their own land with quality infrastructure so as to catalyze and promote growth of MSME units in the state, boost employment generation, and lead to technology advancement and improved environmental compliance. > Objective of the "Incentive for Basic and Essential Common Infrastructure Facilities" Sub-scheme: Through this incentive, an Approved Industrial Park will be entitled to one time back-ended incentive for development of Basic and Essential Common Infrastructure Facilities based on land area.

Benefits

₹2.0 Cr

Area Subsidy20 acres to 39 acres₹2,00,00,000/-40 acres to 59 acres₹4,00,00,000/-60 acres to 79 acres₹6,00,00,000/-80 acres to 99 acres₹8,00,00,000/- 100 acres and above₹10,00,00,000/-Note:

While calculating this incentive the land area in acre will be taken as least whole number.

Of the capital incentive allocated /approved for a project, up to 20% of the allocation shall be towards specific Plant & Equipment required in the Common Facility Centre. The SLEC may make any relaxation in this regard based on the nature of the component and its utility.

Eligibility

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

Required Documents

✦
Registration certificate of the applicant Private Sector/SPV.
✦
Memorandum and Articles of Associations of Private Sector/SPV.
✦
Company credentials and Financial Statements (Balance Sheet and Profit and Loss) of Private Sector Companies forming SPV in the last 3 years.
✦
Copy of land Deed/ legal possession of the land for Park.
✦
Any other documents/ papers required to be submitted in accordance with EOI such as the Detailed Project Report (DPR), Lay out Plan, Operation & Maintenance (O&M) Plan etc.
✦
Application for grant of incentive under West Bengal Incentive Scheme, for Approved Industrial Park for MSMEs:
✦
Registration Certificate of the SPV.
✦
Memorandum and Articles of Association of the SPV.
✦
Shareholders Agreement of the SPV.
✦
Approved Layout plan.
✦
Land deed.
✦
Certificate for mutation and conversion of land.
✦
Consent to Establish Certificate from WBPCB.
✦
Other statutory approvals/ clearances / licenses.
✦
Approval notification under the Scheme and approved extension if any.
✦
Certificate of completion of construction of Basic and Common Infrastructure Facilities and CETP, if any.
✦
Details of MSMEs with EM no. to which plot of land/ shed / buildings/ installations have been allotted
✦
Detailed expenditure statement certified by a Chartered Accountant.
✦
O&M Plan
✦
Any other documents/ papers found necessary.

✦ Required ◦ Optional

How to Apply

OOnline

Quick Info

Level: Central Government
Max benefit: ₹2.0 Cr
Launched: 16 Sept 2020
Deadline: 15 Sept 2025