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District Industries Centre Implementing Power subsidy scheme on Micro and Small new Industrial units established by Scheduled Caste and Scheduled Tribe Industrialists. Government announced a new initiative to provide power subsidy for the industrial units w.e.f 01.04.2017. The salient features of the scheme are as below:
- This scheme applicable to new Micro and Small industrial units established by Scheduled Caste and Scheduled Tribe Industrialists commence production after 01.04.2017.
- Power subsidy of Rs. 2.00 per unit is avialble for a period of 5 years from the date of commencement of production.
- This benefit is not applicable to units takenup Expansion, Modernisation and Diversification of product.
District Industries Centre Implementing a scheme for waiver of Processing Fee, Legal Fee, and Other Fees levied by KSFC and other financial institutions on Micro and Small new Industrial units of Scheduled Caste and Scheduled Tribe Industrialists. The salient features of the scheme are as below:
- This scheme applicable to Scheduled Caste and Scheduled Tribe applicants applied for loan to KSFC and other Financial Institutions after 01.04.2017.
- The Amount will be released in every quarter based on seniority and subject to availability of grants.
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