West Bengal Textile Incentive Scheme: Power Subsidy

The scheme “Power Subsidy” is a sub scheme under “West Bengal Textile Incentive Scheme”. It was launched on 13 December, 2022, by the Department of Micro, Small and Medium Enterprises and Textiles , Government of West Bengal, and shall remain valid upto five years. > Objective of the "West Bengal Textile Incentive Scheme” Scheme: The object of the scheme is to extend fiscal incentives to textile sector across the entire value chain starting from fibre to stitched garments for setting up such units in the State. The focus is on accelerated and focused development of the textiles sector across the state. This shall enable to maximize the utilization of resources, generate new employment and widen the area of operation to make the state emerge as the preferred destination for investment in the textile sector. > Objective of the "Power Subsidy" Scheme: Through this incentive, an eligible textile sector enterprise for its approved project will be entitled to power subsidy on electricity consumption for 5 years from the date of commencement of production from any licensee power supplier on reimbursement basis for the different manufacturing activity.