1 CLCSS Scheme / Credit Linked Capital Subsidy Scheme (CLCSS)
The Ministry of Micro, Small and Medium Enterprises (MSME) Providing several schemes for development in Indian economy. Credit Linked Capital Subsidy Scheme (CLCSS) is one of them, as per norms of this scheme subsidy of 15% of entire plant & machinery is provided loans amount Rs. 1 Crore.
The following establishment can get the benefits under this scheme.
- Sole Proprietorships
- Co-operative societies
- Public Limited companies
In Micro and Small Enterprises sector Industries moving upward from small scale to medium scale on account of sanction of additional loan under particular scheme (CLCSS) are also eligible for assistance. The units covered include existing and new units registered with the State Directorate of Industries, setting up or upgrading their facilities with technology listed under the Scheme guidelines.
2 Industrial Promotion Subsidy
Maharashtra is one of the first states implementation of the scheme of incentives for decentralization of industries. Scheme is proven as most effective for industrial decentralization; Government involves the chamber of commerce and industries, Industrial Organizations while framing the policies. Govt. has simplified the procedural Rule & Regulations while framing the policy and classified whole state in 6 categories like A, B, C, D, D+, No Industry Dist. & Naxalism Area As per the Industrial development so far achieved.
- Industrial Promotion Subsidy
- Stamp duty Exemption
- Electricity Duty Exemption
- Power Tariff Subsidy
- Interest Subsidy
- Energy & Water Audit
- Food Processing Sector
- Additional Incentives
3 TUF Scheme / Technology Upgradation Fund Scheme or TUF Schemes
The Technology Upgradation Fund Scheme (TUFS) provides plan support for modernization of textiles industry in the form of interest reimbursement and capital subsidy. The sectors benefited under TUFS are Spinning, Weaving, Processing, Technical Textiles (Woven Sacks), Jute, Silk, Garmenting, Cotton Ginning, Wool and Power looms. There is no state wise allocation of funds under TUFS.
- 5% Interest Subsidy or 15% Margin Money Subsidy for all SSI Units.
- 2% OR 5% Interest Subsidy for Spinning Units.
- 6% Interest Subsidy and 15% Capital Subsidy for Weaving Units.
- 5% Interest Subsidy and 10% Capital Subsidy for specified processing, garmenting, Technical Textile, machinery.
- 30% Capital Subsidy for Brand new shuttle less looms.
- 2% Interest Subsidy or 8% Margin Money Subsidy for Second Hand Shuttle less Looms.
- 30% Capital Subsidy for Handloom & Carpet Industry
4 Project Finance/Loans / Project Loan | Project Finance services for MSME’s
We provide services starting from assessment of client requirements, preparation of project reports / financial statements till finalization of funding and disbursement. We have liaison with various banks, financial institutions and other funding agencies and have expertise in the procedures adopted by them for the funding process.
5 NABARD Schemes
Under guidelines of government of India NABARD running a several schemes of subsidy under several category Godowns construction is one of them under this scheme, constructed on non municipal land is eligible for Subsidy from the Central Government. Minimum size of the godown should be 1000 Ton capacity. Bank loan is must to avail the benefit. More benefit for woman, SC, ST, Handicap categories.
6 Food Processing (MOFPI) / National Food Mission from the Ministry of Food Processing
The scheme provides the facilities of financial assistance to food processing units in the form of grant-in-aid @ 25% of the cost of plant and machinery and technical civil works subject to a maximum of Rs.50.00 lakhs in general areas.
Sectors in food processing such as fruits & vegetables, milk products, meat, poultry, fishery, cereal/other consumer food products, oilseeds products, rice milling, flour milling, pulse processing and such other agri-horticultural sectors including food flavours and colours, oleoresins, spices, coconut, mushrooms and hops will be covered under the Scheme. The activities of aerated water, packaged drinking water and soft drinks will not be considered for financial assistance under the Scheme.