Key Components of the Schemes:
- Assistance to Micro, Small, and Medium Enterprises (MSMEs):
- Capital Subsidy for Micro Units:
- Rural Areas: 25% of the term loan, up to ₹35 lakh.
- Semi-Urban Areas: 20% of the term loan, up to ₹30 lakh.
- Urban Areas: 10% of the term loan, up to ₹10 lakh.
- Interest Subsidy:
- Rural Areas: 7% per annum, up to ₹35 lakh annually for 7 years.
- Semi-Urban Areas: 6% per annum, up to ₹30 lakh annually for 6 years.
- Urban Areas: 5% per annum, up to ₹25 lakh annually for 5 years.
- Net SGST Reimbursement: Up to 100% of the net SGST paid, with caps based on investment and location.
- Electricity Duty Exemption: Waiver for 5 years.
- EPF Reimbursement: Up to ₹1,800 per employee per month for 10 years.
- Capital Subsidy for Micro Units:
- Assistance to Large Industries and Thrust Sectors:
- Interest Subsidy: 7% per annum, with caps varying by area and sector, for up to 10 years.
- Net SGST Reimbursement: Up to 100% of the net SGST paid, with caps based on investment and location, for 10 years.
- Electricity Duty Exemption: Waiver for 5 years.
- EPF Reimbursement: Up to ₹1,800 per employee per month.
- Green energy and related equipment.
- Electric vehicles and components.
- Aviation and space manufacturing.
- Textiles, ceramics, pharmaceuticals, and more.
- Assistance to Mega Industries:
- Eligibility: Investments exceeding ₹2,500 crore and direct employment for over 2,500 individuals.
- Interest Subsidy: 7% per annum, up to 1.2% of the eligible Fixed Capital Investment (eFCI) for 10 years.
- Net SGST Reimbursement: 100% of the net SGST paid, up to 0.9% of eFCI, for 20 years.
- SGST on Capital Goods: 100% reimbursement over 20 years.
- Stamp Duty and Registration Fee Reimbursement: 100% for land purchases or leases related to the project.
- EPF Reimbursement: Up to ₹1,800 per employee per month for 10 years.
- Electricity Duty Exemption: Waiver for 5 years.