Home / Initiatives / States / North / Himachal Pradesh / Special Incentives for Industrial Units of Himachal Pradesh & Uttarakhand

Special Incentives for Industrial Units of Himachal Pradesh & Uttarakhand

The central government in 2014 announced special incentive packages for the states- Himachal Pradesh and Uttarakhand known as Central Capital Investment Subsidy Scheme, 2013.

Duration:

The scheme would remain in force up to March, 2017.

 Eligibility of the scheme:

  • The aforementioned scheme is applicable to all existing and new industrial units depending upon their expansion in Growth Centres/Industrial Infrastructure Development Centres (IIDC)/Industrial Estates/Park/Export Promotion Zones and Commercial Estates set up by the state.
  • Industrial units registered before January, 2013 under this scheme and those have filed their subsidy claim within one year of business operation are eligible for special incentives.

Extended applicable subsidy:

  • The aforementioned units are eligible for a subsidy of 15% on investment in Plant and Machinery amounting to a maximum of ₹ 30 lacs.
  • MSMEs of the respective states are also eligible for a subsidy of 15% on investment in Plant and Machinery with a maximum amount of ₹ 50 lacs.

Nodal Agency:

Himachal Pradesh Himachal Pradesh State Industrial Development Finance Corporation (HPSIDC)
Uttarakhand State Industrial Development Finance Corporation of Uttarakhand Limited (SIDCUL)

How to avail:

Any unit should file its claim as per prescribed procedure at concerned District Industry Centres (DICs) within one year of its commercial operation date.

Prescribed forms are given HERE

Check Also

Do you have the next big idea? Turn your ideas into reality: CM’s Startup Scheme: HP

Objective To envisage various incentives for startups so as to enable the success. Provision of ...

Leave a Reply

Your email address will not be published. Required fields are marked *