GOVERNMENT SCHEMES

SUBSIDIES

In order to encourage setting up of industries and various other things required for the development of Nation/State, both Central and State Government provide various Subsidy Schemes and the benefit of which can be taken while setting up an industry/ services/self-employment.

We work on all subsidy schemes which are from the State or Central government which are for the respective business

CREDIT LINKED CAPITAL SUBSIDY SCHEME (CLCSS)

Maximum limit of loan under the scheme is Rs.100.00 lacs

Ceiling on Capital Subsidy would be 15 % of the eligible investment in new plant and machinery or Rs. 15 lakh, whichever is lower
Units may be registered as –
- Sole Proprietorship
- Partnerships
- Co-op Societies
- Private and Public Limited companies in the MSE sector

CGTMSE SCHEME

Loan Amount : 10 lacs – 200 lacs.

Eligibility Criteria:

This scheme is available for micro and small enterprises where the Government of India has enacted the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 in terms of which the definition of micro and small enterprises is as under:

Enterprises engaged in the manufacture or production, processing or preservation of goods as specified below:

- A micro enterprise is an enterprise where investment in plant and machinery does not exceed Rs. 25 lakh;
- A small enterprise is an enterprise where the investment in plant and machinery is more than Rs. 25 lakh but does not exceed Rs. 5 crore.

The scheme is for Manufacturing/Services Sector.

MUDRA YOJANA

Loan Amount : 50,000 – 10 lacs

Eligibility Criteria:
Scheme is for Manufacturing/Processing /Agricultural/Service/Trading activities.

MUKHYA MANTRI YUVA UDHYAMI YOJNA

Loan Amount : 10 lacs-100 lacs

Benefits: 15% Subsidy ( Max. 12 lacs) and 5% Interest Subsidy up to 7 years.

Eligibility Criteria:

Project should be in MP.
Applicant should be Domicile of MP and 10^th standard pass.
Age should be 18 to 40 years.
Applicant should not be a defaulter in any bank or FI and if he has already taken any benefit under govt. scheme of self-employment or entrepreneurship so he is not eligible for this scheme.
A scheme is for Manufacturing/Services/Trading Sector.

MUKHYA MANTRI SWAROJGAR YOJNA

Loan Amount : .50 lacs – 10 lacs

Benefits: 15% Subsidy ( Max. 1 lacs) and 5% Interest Subsidy upto 7 years (Max. Rs. 25000/- Yearly)

Eligibility Criteria:

Project should be in MP.
Applicant should be Domicile of MP and 5^th standard pass.
Age should be 18 to 40 years.
Applicant should not be a defaulter in any bank or FI and if he has already taken any benefit under govt. scheme of self-employment or entrepreneurship so he is not eligible for this scheme.
scheme is for Manufacturing/Services/Trading Sector.

STAND UP INDIA ( WOMEN ENTREPRENEURSHIP)

Loan Amount: 10 lacs-100 lacs

Eligibility Criteria:

There should be at least one Scheduled Caste (SC) and Scheduled Tribe (ST) borrower and at least one woman borrower per bank branch for setting up a greenfield enterprise.
In case of non-individual enterprise shareholding of women should be more than 51%.
Applicant should not be defaulter in any bank or FI and if he has already taken any benefit under govt. scheme of self employment or entrepreneurship so he is not eligible for this scheme.
Scheme is for Manufacturing/services/Trading Sector.