Central GovernmentVerified

"Generator Subsidy" under "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries"

Through this scheme, the micro, small and medium industrial units (manufacturing and service sector) shall be eligible for the grant of 50% subsidy with a cap of ₹5,00,000/- per industrial unit on the investment made on or after 5-3-2009 on generator sets. The applications are accepted offline.

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About This Scheme

The "Generator Subsidy" is a Component of the "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries" Scheme by the Industries and Commerce Department, Union Territory of Puducherry. Through this scheme, the micro, small and medium industrial units (manufacturing and service sector) shall be eligible for the grant of 50% subsidy with a cap of ₹5,00,000/- per industrial unit on the investment made on or after 5-3-2009 on generator sets. The applications are accepted offline in the prescribed form available on the Official Website of the Department.

Benefits

₹5.0 L

50% subsidy with a cap of ₹5,00,000/- per industrial unit.

Eligibility

Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.

Required Documents

✦
Provident Fund Remittance for the Claiming Period.
✦
Entrepreneurs Memorandum Part-2 (UAM/ PMT) Registration/ Commencement of Production Certificate.
✦
Caste certificate from the competent authority in the case of Scheduled Caste/Scheduled Tribe (SC/ST) Entrepreneurs.
✦
Loan Sanction Letter.
✦
Purchase Invoices for Plant & Machinery/ Pollution Equipment/ Generator.
✦
Chartered Accountant Certificate for the Investment in Fixed Assets / Pollution Control Equipment / Generator.
✦
Month-wise Interest Paid Statement from the Finance Institution/Bank Along with No-due Certificate.
✦
List of Employees Covered Under the Provident Fund Scheme Along with Wage/Salary Payment Particulars.
✦
Notary Affidavit.

✦ Required ◦ Optional

How to Apply

IIn-person

Step 1: The industrial unit should register the claim for the grant of incentive/subsidy in the prescribed form available on the Official Website of the Directorate of Industries and Commerce, Puducherry.

Step 2: In the application form, fill in all the mandatory fields, and attach copies of all the mandatory documents (self-attest, if required).

Step 3: The unit should submit the duly filled and signed application form and the documents to the concerned authority.

Step 4: Request a receipt or acknowledgement from the concerned authority to whom the application form has been submitted. Ensure that the receipt contains essential details such as the date and time of submission, and a unique identification number (if applicable).

*The applications will be processed by the Industries Department to obtain sanctions. These cases need not be placed before the said State Level Committee.

Application Deadline

For New Units

Within one year from the date of commencement of obtaining the Entrepreneurs Memorandum Part-2/ Permanent Registration/ Commencement of Production Certificate.

For Existing Units

Within one year of completion of Expansion/ Diversification/ Modernization.

Quick Info

Level: Central Government
Max benefit: ₹5.0 L