Generator Subsidy; Back-ended Interest Subsidy; Implementation of Self Employment schemes The following Schemes are being implemented in the State through DICs. 1% additional interest subsidy to youth having less than 35 years of age in case of first project. Maximum limit of Rs. 50 lakh for Zone 1 & 2 (Hyd-Kar Area). An enterprise can get ceiling loans under this scheme from Rs. 120 crores for constructing farm ponds in the dry areas of the state. 25 lakhs per annum, for 5 years. Disbursement will be made only after unit go into commercial production. of Karnataka One time Capital Subsidy 50% - max. 25 … Credit Linked Capital Subsidy Scheme for Technology Upgradation 03 3. 15% capital subsidy (Upto Rs.15 lakh) of investment in eligible Plan & Machinery.Eligible loan limit is upto Rs. 50 lakh in other than Hyderabad Karnataka Zone 4, respectively. One time capital subsidy up to 75% of the cost of ETPs, subject to a ceiling of Rs. Benefits of District Industry Center Loan Scheme: For General category: 20% assistance of total investment or Rs. 5.00 lakhs and 40 percent subsidy if the cost is more. Finance and commercial ... under MNRE Phase-II Subsidy Scheme INTRODUCTION. CLCSS CLCSS - Credit Linked Capital Subsidy Scheme for Technology Upgradation of MSEs. Aadhar Government Scheme Services Study . First a provisional registration certificate is given. For the purpose of interest subsidy, the enterprise shall get term loan from Financial Institution/ Bank recognized by Reserve Bank of India. Government schemes, jobs, scholarships, application procedures, results, helplines & news in Karnataka. Pension Scheme for … 9. Micro Finance Programme 06 6. 40 lakh to Rs. Yediyurappa has started Arthika Spandana programme for disbursing loans through various cooperative institutions. is planning to build around 19 lakh homes in next 2 and half years (30 months). For carrying out expansion or diversification with investment more than 50% of its existing gross fixed capital investment. BESCOM Dictionary Departments of Corporate Office . ISO 9000/ISO 14001 Certification Reimbursement Scheme 04 4. Investment: Rs 18 lakh. Type5: Purchase of dairy processing equipment for manufacture of indigenous milk products. Waiver of farmers crop loan: Karnataka farmer`s crop loan of Rs. DIC is the primary registering centre registration is voluntary and not compulsory. Small Scale Industry, Medium Scale Industry, New Enterprenuer, New Business Setup, New Business Expansion.... New Business Startup, New Business Expansion, New Machinery Purchase for Manufacturering, New business Loan and subsidy and different types of assistances provided by us.... Tender EMD, Tender Fees Waiver, Tender Fees exemption, Government , PSU Sectors Tenders Participants, Exemption from payment of Earnest Money Deposit, NSIC Registration Contact us for more....... Bank Loan interest subsidy, Interest Subsidy on New Business, Term Loan Subsidy, SME Loans, Central Government subsidy, Interest Subsidy to Micro, Small and Medium Enterprises, Subsidy on Plant & Machinery, Manufacturing machinery subsidy Contact us for more... MSME Exporters Market Development Assistance (MSME-MDA) Scheme. Capital Subsidy for Technological Upgradation: This scheme is operating for modernization of technological upgradation of Small Scale Industries (SSI) through the Credit Linked Capital Subsidy Scheme (CLCSS). 1 Crore For Modernization of existing unit by investing more than 25% of its existing gross fixed capital investment to upgrade technology by way of adopting new technology/ production process and/or improving quality of products. The interest subsidy will be available only on interest levied by the Financial Institution. Subsidy: 25% of the investment (33.33 % for SC / ST farmers). Two types of registration is done in all States. Under this scheme, govt. We are providing consulting services for Term Loans, Business Loans from reputed Nationalised bank. ... Special Incentives Scheme, Karnataka. If the enterprise becomes defaulter, it will not get interest subsidy for the default period and such defaulting period will be deducted from 5 years period. Karnataka - definition of Karnataka by The Free Dictionary Government of Karnataka (GoK) is a pioneer in leveraging information and communication technology (ICT) for better governance and is at the forefront of implementation of electronic-Governance (e-Governance) initiatives in the country. dic subsidy scheme . Prime Minister's Employment Generation Programme (PMEGP) Unemployed Youth Employment Generation Programme (UYEGP) New Entrepreneur-Cum- Enterprise Development Scheme (NEEDS) Govt. Capital Subsidy ii. Unit will have to employ at least 85% of the total employment and 60% of supervisory and managerial. ಬೃಹತ್ ಮತ್ತು ಮೆಗಾ ಕೈಗಾರಿಕೆಗಳ ನಿರ್ದೇಶನಾಲಯ Directorate of Large and Mega Industries Interest subsidy of upto 7% for micro enterprises and @ 5% for small and medium enterprises. All the benefiting enterprises shall file information about annual production, sales, power consumption and such other details as may be asked by DIC on 31st of every March annually. The enterprise applying within one year from the date of first disbursement of loan will be eligible. Aadhar Government Scheme Services Study . Unit will have to remain in production at least for 5 years from the commencement of commercial production. Special Capital Subsidy for Thrust Sector Enterprises iii. For establishing new enterprises which commence commercial production during operative period of the scheme. Feel free to contact us on Email or Mobile. üüü mark) i. Farm Ponds: A budget of Rs. We are ISO 9001:2015 certified organisation with stringent processes to deliver best-in-the-industry services. 50 crore allocated in case the price of the Onion, Potato, Tomato falls below the MSP. Karnataka Electricity Regulatory Commission Regulation 2015 and Karnataka Government Solar Policy 2014-21 Net / Gross Metering Rooftop Solar Scheme intended to be implemented in Bescom Jurisdiction The interest subsidy will be for five years OR for the period of repayment of loan whichever is earlier. 1 crore and the rate of subsidy from 12% to 15%. 100 lakh in respect of HK Zone 1&2, other than Hyderabad Karnataka Zone 1, 2, 3, and Rs. The Government of Karnataka, through its order No.CI 134 CSC 2015 Dated:15-10-2015 has released guidelines for the implementation of the scheme in respect of Micro Industrial Units. Employment Intensive Subsidy iv. %PDF-1.4 Micro & Small Enterprises Cluster Development Programme 05 5. 1% additional interest subsidy to youth having less than 35 years of age in case of first project. The Karnataka Government implements this scheme in consultation with District Officers of Karnataka Khadi and Village Industries Board (KVIB) and Joint Director of Department of Industries and Commerce (DIC). Woman entrepreneurs will be accorded priority. Penal interest or other charges will not be reimbursed. The District Industries Center (DIC) Programme was started in 1978 as a centrally sponsored scheme with an object of providing all the services and support to village and small scale enterprises under a single roof for the effective development of small scale industry in the widely dispersed rural areas and small towns of the country. of Karnataka 39,300 crores. III. Implementing Agencies : The interest subsidy will be considered from the date of payment of first installment of term loan. Additional Capital Subsidy for Select Category of Entrepreneurs v. For example in the back-ended capital subsidy scheme, the entrepreneur needs to avail the bank loan and pay the instalments within due time. If unit has any pending Government dues, it will not get assistance under this scheme unless it pays all such pending dues. And after commencement of production, a permanent registration certificate is given. Features Of the Scheme. %�쏢 APPLICATION FOR SANCTION OF CAPITAL SUBSIDY FOR MICRO, SMALL AND MEDIUM (MANUFACTURING) ENTERPRISES Specify the name of the subsidy applied for (Pl. DIC Addresses : Joint Director, District Industries Centre (DIC),Bangalore Urban District Industrial Estate, Rajaji Nagar, West of Chord Road, Bangalore-10. Woman. http://www.investkarnataka.co.in/policies: Karnataka 23 Interest Subsidy for Micro Enterprises (for MICRO units only) Govt. District Industries Center in India. Subsidy: 25% of the investment (33.33 % for SC / ST farmers). The total investment under the Scheme for Entrepreneurs is Rs 20 crore. The Ministry of MSME,G.O.I has clubbed the PMRY Scheme with REGP scheme and has introduced the new scheme Prime Ministers Employment Generation Programme (PMEGP) for the year 2008-09. stream Price Deficiency Payment Scheme: A budget of Rs. Extent of assistance : 90% loan for general group and 95% for special group will be available from public sector banks, Regional rural banks, IDBI. To promote investment in the State, a new Investment Promotion Scheme was launched by the State Government of Rajasthan on 8th October 2014. 2. 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