Uttarakhand Micro, Small and Medium Enterprises Policy - 2023
The scheme aims to promote investment and employment in the state by supporting the establishment, expansion, and diversification of micro, small, and medium enterprises through financial incentives and a favourable ecosystem.
About This Scheme
Benefits
Assistance Provided under the MSME Policy:
₹4.0 Cr · annual
DPR Assistance: 75% reimbursement of expenditure incurred on the preparation of Detailed Project Report (DPR). - Stamp Duty Reimbursement: 50% to 100%, depending on the category of the enterprise. - Capital Goods Assistance: 20% to 50% of the total fixed capital investment in workshop building, plant, and machinery, up to a maximum reimbursement of ₹4 crore, as per the district and category of enterprise. - Interest Subsidy Reimbursement: 2% to 4% per annum, within the prescribed maximum limit, as per the district and category of enterprise. - Electricity Duty Reimbursement: 100% reimbursement for load up to 500 KW. - Market Fee Reimbursement: 50% reimbursement, subject to a maximum annual limit. - Quality Certification Incentive Assistance: 75% reimbursement, up to a maximum of ₹1 lakh. - Incentive for Cluster Development: Financial incentive of 70% of the project cost, up to a maximum of ₹5 crore per project.
Eligibility
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Required Documents
- ✦Documents are required as per the MSME Policy guidelines to avail the benefits of the scheme.
✦ Required ◦ Optional
How to Apply
Quick Info
- Level
- Central Government
- Max benefit
- ₹4.0 Cr