Haryana Gramin Udyogik Vikas Yojana
“Haryana Gramin Udyogik Vikas Yojana” Scheme of Haryana Government by the Department of Haryana Industries And Commerce.
Objective : To provide Capital Support to New Micro Enterprises in Rural Areas and for Rural Industrial Growth.
Notified : 29th July 2021
1. Commencement and Applicability
Scheme shall commence with effect from 01.01.2021 and shall remain in operation for a period of 5 years.
1.Micro Enterprise : Plant and Machinery or Equipment does not exceed INR 1 Cr, does not exceed INR 5 Cr.
2.New Micro Enterprise : Term loan has been sanctioned after 01.01.2021 and before 31.12.2025.
3.Rural Areas : Under the sole jurisdiction of Village Panchayat.
2. Quantum of Assistance
Capital Subsidy
- For General Category : 15% Subsidy (Max. Up to 20 Lakhs)
- For Women and SC : 15% Subsidy (Max. Up to 25 Lakhs)
Interest Subsidy
- 7% on Term Loan or max. up to 8.00 lakh per year for 7 years.
DG Set Subsidy
- INR 8000 per KVA and max. up to 50% of the cost of the DG Set.
2.1 Other MSME Specific Benefits
Stamp Duty Refund
- 60% to 100% with No CAP
Electric Duty Exemption
- 100% Exemption
SGST Refund
- 50% of Net SGST Paid During the Year
Employment Generation Subsidy
- Rs. 48,000/- Per Employee For 10 Years
3. Basic Eligibility
1.The unit located in Block ‘B’,’C’ & ‘D’ shall be eligible under the scheme.
2.Udhyam Registration Certificate (URC) and Haryana Udhyam Memorandum (HUM) are required.
3.The unit should not placed in Restrictive List (By Hry. Govt.).
4.The unit should be in Commercial Production.
5.The unit should be in Regular Production at the time of disbursement.
6.The unit shall remain in regular production for a period of 5 years.
Note : the unit which has obtained subsidy under Prime Minister Employment Generation Programme (PMEGP), shall not be entitled to avail any benefits under scheme except DG Set Subsidy.
3. Timelines
Capital Subsidy
- Within 03 months from the date of Commercial Production.
Interest Subsidy
- Within 03 months of closing of financial year.
DG Set Subsidy
- Within 03 months from the date of purchase of DG Set.
4. Beneficiaries
1.Proprietary.
2.Partnership.
3.Private Limited Company.
4.Public Limited Company.
5.Limited Liability Partnership (LLP).
5. Documents Required
1.Udyam Registration Certificate (URC) and Haryana Udhyam Memorandum (HUM).
2.Copy of first sale bill.
3.Certificate of Incorporation/ Partnership deed/Partnership registration/Co-operative Society Registration.
4.Board resolution/ Power of attorney.
5.Certificate from Financial Institution/Bank.
6.Copy of GST Return/Audited balance sheet of the unit of last year.
7.CA Certificate regarding investment in the plant& machinery and capital subsidy.
8.Copy of list of Plant and Machinery along with the invoices thereof for Capital Subsidy.
9.Copy of bill for purchase of DG Set.
For, more information on this you are requested to contact our KIP subsidy helpline on Mail – sales@kipfinancial.com and contact Number- +918683898080
KIP Financial Consultancy Pvt. Ltd.
DSB – 38, Red Square Market, Hisar – 125001 (HR)
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