The Package Incentive Scheme (PSI-2019) provides incentives to MSMEs in form subsidies on SGST payments, power subsidies, interest subsidies, stamp duty and electricity duty exemptions.
Under this scheme farmer/entrepreneur could set up any manufacturing business project.
Eligibility –
New & Existing Industries for expansion.
Project Cost-
50 lakhs to 750 Cr.
Incentive Subsidy –
- As per industrial zone wise between 20% to 60% on project cost.
- Term loan bank interest 5 % refund
- SGST 100% refund
- Electricity duty 100% refund
- Electricity Tariff per unit 1 Rs. refund
- For 7 to 10 years
TOTAL – Projects of cost – Rs 248296590
Contact Us!
We would love to speak with you.
Feel free to reach out using the below details.