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Development of Khadi, Village and Coir Industries: 2.1. Certificate from TSPCB on the cleaner production measures adopted with certified copy and list of equipments, Reimbursement of cost involved in skill up gradation and training, Within 6 months from completion of training program, All documents as per check slip 2) New Industrial Policy: The Telangana Government has introduced the T-IDEA and T-PRIDE schemes for the General and SC/ST entrepreneurs and issued the G.Os.28,29,30 Industries &Commerce which will be in force 1.1.2015 to 31.3.2019 offering various Types of Incentives such as Investment Subsidy, Power Cost Reimbursement, Interest Subsidy, Sales Tax Reimbursement etc. Interest Subsidy : 7% maximum up to 1 crore per annum for period of 5 years. Government subsidy is a very much essential thing towards the financial benefits of the small business. 2) New Industrial Policy: The Telangana Government has introduced the T-IDEA and T-PRIDE schemes for the General and SC/ST entrepreneurs and issued the G.Os.28,29,30 Industries &Commerce which will be in force 1.1.2015 to 31.3.2019 offering various Types of Incentives such as Investment Subsidy, Power Cost Reimbursement, Interest Subsidy, Sales Tax Reimbursement etc. Reimbursement of certification charges for acquiring quality certification, 8. Electrical feasibility certificate Located in the Industrial hub of Balanagar, in Hyderabad, MSME-Development Institute offers a wide range of services for the Micro, Small and Medium Industrial sector in the States of Andhra Pradesh and Telangana . With a view to increase the share of purchases from the small-scale sector, the Government Stores Purchase Programme was launched in 1 lakh and Rs. At the same time, it has also listed a few businesses and fixed the loan amount. 2 lakh and Rs. Procedure for filing of incentive applications: Within 6 months of Date of commencement of production (DCP), All documents as per check slip In the second category, between Rs. Copy of certification of institute along with the list of participants with their signature To strengthen them Department of Micro, Small & Medium Enterprises (MSME) was formed on 5 April, 2016. Click here to. Investment Subsidy @35% for men and @45% for women limited to Rs.75 Lakhs for Micro and Small Enterprises. 15%. I have no doubt also that true Swadeshi consists in encouraging and reviving these home industries. It is not necessary for the bank sanctioning loan under CLCSS to seek refinance in respect of term loan sanctioned by it, from refinancing agencies SC/ST entrepreneurs setting up small scale industries and food processing units are charged only 25 paisa interest on loans apart from a 35% subsidy on cost involved in setting up of industries. Raw Material Assistance Scheme aims at helping Small Scale Industries by way of funding the purchase of Raw Material. 4. Government Subsidy Loan for Business. Under the NEW INDUSTRIAL POLICY FRAMEWORK FOR STATE OF TELANGANA 2014, the Government approve the following fiscal benefits covering the categories of (a) Micro/Small Enterprises (b) Medium Enterprises & Large Industries (c) Women Entrepreneurs and (d) Mega Projects under the T-IDEA (Telangana State Industrial Development and Entrepreneur Advancement) incentive scheme To avoid misuse of funds, the TSMFC is insisting that those applying for loans above Rs. The assistance is offered in the form of Capital credit to the entrepreneurs (CLCSS) along with a set subsidy equivalent to around 15 percent and a maximum limitation of around Rs 15 lakhs. Government subsidy for small business is very much effective in any small-scale industry. Attested copy of Valid CFO, Within 6 months from date of sanction of term loan, All documents as per check slip There is break in production for a period of more 3 years due to valid reasons which can be condoned by SLC. Enterprise goes out of production within 6 years i.r.o Micro and Small enterprises and 10 years for Medium, large & Mega enterprises 3. 8. Sanction of Industrial Infrastructure fund (IIDF), 11. Some of these loans and schemes are CLCSS, TUFS, IDLSS, FPTUFS, and TEQUP. Industrialization will be the key strategy followed for economic growth and development for Telangana, the 29th state of the country. This presents a chance to SSI to attest better on manufacturing class products. the small scale industry can be setup. Reimbursement of Stamp Duty, Transfer Duty, Mortgage Duty, Land Conversion charges, Reimbursement of Land Cost purchased in IE / IDA / IE, 4. T-PRIDE(Telangana State Programme for Rapid Incubation of Dalit Entrepreneurs) Incentives Scheme. (5 years from DCP), All documents as per check slip during 1st claim Enterprise goes out of production within 6 years i.r.o Micro and Small enterprises and 10 years for Medium, large & Mega enterprises 35% Telangana Government To Provide 100% Subsidy Loans To BCs | V6 News. 05%. Additional Capital Subsidy for Select Category of Entrepreneurs v. I am a administrative person. Effects change of management without prior approval from Financial Institution and SLC 5. 2. NHM provides financial assistance for Employment Intensive Subsidy iv. Located in the Industrial hub of Balanagar, in Hyderabad, MSME-Development Institute offers a wide range of services for the Micro, Small and Medium Industrial sector in the States of Andhra Pradesh and Telangana . Check your Eligibility! People should not approach brokers. DEMOGRAPHIC PROFILE . The enterprise is sold without prior approval of SLC Welcome to the official website of MSME-DI, Hyderabad. Proof of borrowed capital from outside The scheme is regulated by SSI Ministry (Small Scale Industries) so they can take the benefit of upgrading their already established units. TELANGANA 506015 Phone: 9032999950. After verification of the utilization and status of the unit actual requirement shall be allotted on reqular basis. The unit shifts part or whole of the industry or leases out without prior approval of SLC 4.5.0 Existing Micro/Small/Medium Enterprises Industries 50% subsidy on the expenses incurred for quality certification limited to Rs. mark) i. T-IDEA (Telangana State Industrial Development and Entrepreneur Advancement Incentives Scheme) Investment Subsidy @ 15% for men limited to Rs.20 Lakhs and @25% for women limited to Rs.30 Lakhs for Micro and Small Enterprises. MSME PMEGP-Prime Ministers Employment Guarantee Programme About PMEGP In English In Telugu PMEGP Advertisement 2015-16 Special (including SC / ST / OBC /Minorities/Women, Exservicemen, Physically handicapped, NER, Hill and Border areas etc. The contribution of the Small Scale Sector to the State's economy cannot be overestimated. 10. Certificate from Financial institution in prescribed format Relevant orders issued by Industries & Commerce (IP & INF) Department, T-PRIDE (for SC, ST & PHC)T-PRIDE (for SC, ST & PHC), 2. The manufacturing and service industry includes automobiles and auto components industry, spices, mines and minerals, textiles and apparel, pharmaceutical, horticulture, poultry farming, information technology, and software industry. 3. We are willing to start a small scale industry (with new technology and less manpower required) in village area. If any agencies or Boards, Websites are there, share the information Kindly advice and guide me. Statement of accounts in respect of aided enterprises as per format, Reimbursement of Stamp Duty etc., Here in this post, find profitable small business opportunities in Telangana for new entrepreneurs. Representatives of small scale industry will be made members of the Authority. Form A issued by the concerned authority Micro, Small & Medium Enterprises (MSME) is known as engine of economic growth and for promoting equitable development. If, on account of sanction of additional loan under CLCSS, an industry graduates from small scale to medium scale, it is still eligible for subsidy. we are able to invest RS.10 lakhs at any movement. One of the objectives of this New Industrial Policy has been to promote the growth of small scale and cottage industries to help the small entrepreneurs. we are able to invest RS.10 lakhs at any movement. Preference will be given to the industry being setup in Reimbursement of interest subsidy @ 6% for Industries involved in Micro Small Medium Large Investment Subsidy 35% limited to Rs.75 lakhs. Important Links; Tenders; Press Releases; GOs related to Industrial Promotion; Industrial Incentives Micro Small And Medium Enterprises. Telangana State Industrial Infrastructure Corporation Ltd is the premier organisation in the state of Telangana, vested with the objective of providing industrial infrastructure through the development of industrial areas. Copy of the Project & its approval report, Advance Subsidy claim for SC, ST & PHC enterprises, After sanction of term loan by the Financing institution 10%. 6. To enable SMEs to thrive in global trade markets, the Ministry of Small Scale Industries (SSI) runs a scheme for technology up gradation of Small Scale Industries. State government of Telangana has launched 3 types of new self employment scheme to provide financial assistance to youth in the form of subsidy and loans from banks. General Category. Reimbursement of cost involved in skill upgradation and training, 10. Ministry of Small Scale Industries: Vasundhara Raje (13 October 1999 29 January 2003) (As MoS, Independent Charge) C. P. Thakur (29 January 2003 22 May 2004) Mahavir Prasad (23 May 2004 9 May 2007) Ministry of Agro and Rural Industries: Vasundhara Raje (13 October 1999 1 September 2001) (As MoS, Independent Charge) Fails to furnish information when called upon 4. 2. Reimbursement of cost of equipment purchased for cleaner production measures, 9. Reimbursement of Interest Subsidy under Pavala Vaddi scheme, 7. Effects change of management without prior approval from Financial Institution and SLC 4.6.0 Infrastructure support: 4.6.1 To provide Rs.100.00 crores of budget every year for promotion of quality infrastructure like roads, power, water, waste management etc. The eligible unit shall be entitled for reimbursement up to 1/5th of eligible limit in a particular year. Attested copy of registered document This scheme is particularly useful for rural artisans. The Telangana State Programme for Rapid Incubation of SC Entrepreneurs (TS PRIDE) programme was launched. Many incentives are provided with both by the Central and State Governments to promote the growth of small-scale industries specially MSME. Answer: You can choose to repay your small scale-business loan in any one of the following ways Post Dated Cheques (PDCs), Electronic Clearing Service (ECS), and Direct Debit. The Small Scale industries and tiny industries that have come up in the district are mostly agro based. 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