Package Scheme of Incentives
| A | State Capital Investment Subsidy |
30% of capital Investment | Ceiling Rs. 20.00 Lakh per project |
| B | Subsidy for preparation of Project Report | 90% of the cost of the Project Report | Ceiling Rs. 2.00 Lakh per report |
| C | Interest Subsidy | @ 4% on interest payment to Bank and Financial Institution | Ceiling Rs. 0.20 Lakh per month |
| D | Local Employment Promotion Grant | 30%
of the wage bill for local tribal employee
10% on the cost incurred on Training of Local Tribal Employee. |
Ceiling Rs. 1.00 Lakh per annum for 3 years. |
| E | Subsidy on Power | Power
Tariff
-20 % for load up to 2 MW 30 % for load above 2 MW Drawal of Power Line |
Ceiling Rs. 7.00 Lakh per annum |
| F | Subsidy on Quality Control Measures | Cost of Lab Equipment for quality control | Ceiling Rs. 5.00 Lakh |
| G | Subsidy on Pollution Control | 7 years from the date of Commercial Production | Ceiling Rs. 0.40 Lakh |
| H | Sales Tax Exemption | CST paid on purchase of machinery and equipment would be reimbursed | Rs. 0.75 Lakh |
| I | Refund of Central Sales Tax (CST) | Up to 75 % of the amount for execution of Deeds pertaining to loans from Financial Institution and Bank | |
| J | Exemption from Stamp Duty | An additional 5% Capital Investment Subsidy subject to a maximum of Rs. 5.00 Lakh | |
| K | Special Incentives for Export Oriented Units | Sales Tax exemption for an additional period of 1 year. |
The Government of India Subsidy Schemes are as follows :
- a.The Central Interest Subsidy Scheme, 1997
- The Central Capital Investment Subsidy Scheme, 1997
- The Transport Subsidy Scheme, 1971
The above Schemes are valid up to 31.03.2007.
The Government of India Incentives are as follows :
- The Central Excise Exemption (July, 1999)
- Income Tax Exemption