Haryana Gramin Vikas Yojna
Haryana Gramin Udyogik Vikas Yojna
Here is a new scheme Subsidy Scheme of Haryana Government i.e., “Haryana Gramin Udyogik Vikas Yojna”
When a Industrial Activities is going to carry by a Businessman then he has to bear the many cost for setup i.e., Plant and Machinery, Building and Interest on Loans etc.
IT will make the project high costly and ultimately discourage the industrial development. In order to remove this hurdle, The State Govt. of Haryana has launched the Scheme of Haryana Gramin Vikas Yojna to spur rural industrial growth.
Under this Scheme, Department of Industry will provide the assistance of amount paid for investment in plant and machinery, building and interest on term loans etc.
All New Rural Micro Enterprises fall into the B, C and D category Blocks gone into commercial production on or after 01.01.2021. The Industrial Units shall also comply with following conditions:
i. The unit shall file IEM/Udyam Registration Certificate (URC) and Haryana Udhyam Memorandum (HUM)on the portal for statistical purpose, at any stage.
ii. Unit should not fall in the restrictive list as notified by the State Government from time to time.
iii. The unit should be in regular production at the time of disbursement and the subsidy shall not be released to the closed unit.
iv. Unit should be in commercial production.
Note: The units which has obtained subsidy under Prime Minister Employment Generation Programme (PMEGP), shall not be entitled to avail any benefit under this scheme.
Financial Assistance/Subsidy/Benefits Available:
The Quantum of Assistance as under would be provided in the State as per the given below terms:
A. For Capital subsidy:
i. 15% subsidy on investment in plant and machinery and Building upto maximum of Rs 20 Lakh for general category.
ii. 15% subsidy on investment in plant and machinery and Building upto maximum of Rs 25 Lakh for Women and SC entrepreneurs.
B. For Interest subsidy:
7% on term loan up to maximum Rs 8 Lakh per year for 7years.
C. For DG set Subsidy:
Rs 8000 per KVA, up to maximum 50% of the cost of DG set.
Note: The other incentives specified for MSME under Haryana Enterprises and Employment Policy, 2020 (HEEP 2020) shall also be permissible for Micro enterprises setup under this scheme.
Time Limit for Apply:
- Capital subsidy- Within 3 Months from the date of commercial production.
- Interest subsidy- Within 3 Months from the date of end of Financial year for which incentive being claimed.
- DG set Subsidy- Within 3 Months from the purchase of DG set.
So if you are going to plan for set up a New Business Unit then You should plan according to above Haryana Gramin Udyogik Vikas Yojna.
If you want to apply in this scheme or you want to start a new business under this scheme you must apply here- https://forms.gle/4HHDzCf13MsqGBdo8
We at KIP tells you about another subsidy benefits on various businesses-
- Electric Duty Exemption- https://kipfinancial.com/electric-duty-exemption/
- Testing Equipment- https://kipfinancial.com/testing-equipment-scheme/
So, if you want updates on new subsidy schemes of government Contact us at- 9017151780
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