Close

MSME Subsidy Schemes

Date : 01/01/2020 -

The following incentives and concessions are being extended to the micro, small and medium enterprises in the state.
Capital Subsidy

25% capital subsidy on the value of eligible plant and machinery, subject to a maximum of Rs.50 lakhs.
Eligibility Criteria:

  • All new micro manufacturing enterprises established anywhere in the state.
  • All new small and medium enterprises under 13 thrust sectors established anywhere in the state excluding additional capital subsidy and employment generation subsidy.
  • All new small and medium manufacturing enterprises established in the 251 industrially backward blocks.
  • All new agro based small and medium manufacturing enterprises established in the 385 blocks of the state.
  • Existing manufacturing enterprises of the above categories which have taken up substantial expansion/diversification of the existing activities.

Low Tension Power Tariff Subsidy

Eligible MSME units are provided 20% low tension power tariff subsidy for 36 months from the date of commencement of production or from the date of power connection obtained, whichever is later.
Eligibility Criteria:

  • All new micro manufacturing enterprises established anywhere in the state.
  • All new agro based micro, small and medium manufacturing enterprises established in the 385 blocks of the state.
  • All new small and medium manufacturing enterprises established in the 251 industrially backward blocks.
  • Existing manufacturing enterprises of the above categories which have taken up substantial expansion/diversification of the existing activities.

Generator Subsidy

Micro, Small and Medium manufacturing enterprises established anywhere in the state are eligible for a subsidy of 25% on the cost of generator set purchased (upto 320 KVA capacity), subject to a maximum of Rs.5lakhs.

Back – Ended Interest Subsidy

Back-ended interest subsidy at the rate of 3% subject to a maximum of Rs.10 lakhs for a period of 5 years is being provided to micro, small and medium manufacturing enterprises for term loans up to Rs.100.00 lakhs obtained for technology upgradation / modernization and Credit Guarantee Fund Trust Scheme (CGFTS).

Beneficiary:

-

Benefits:

-

How To Apply

Contact :
General Manager,
District Industries Centre,
531/21, Jayankondam Road,
Valajanagaram,
Ariyalur-621704.

Ph: 04329-228555, 228556.