Subsidies
District Industries Centre, Tirunelveli has granted Capital Subsidy of Rs.40.Lakhs for 7 manufacturing enterprises during the first year of operation of the new
Industrial policy for MSMEs 2008 – 2009
Micro, Small and Medium Industries Policy - 2008
- Released by Honourable Chief Minister of Tamilnadu on 22 - 02 - 2008.
Subsidies for Micro Manufacturing Enterprises located anywhere in Tirunelveli District
- 15% Capital subsidy (Plant and Machinery)
- LTPT subsidy at a flat rate of 20% for 3 years from DCP or date of power supply whichever is later
- Subsidy equal to the assessed Value Added Tax paid by them for the first 6 years after Date of commencement of Production upto the value of investment in plant and machinery at the time of allotment of EM.No. (PartII )
Subsidy to Backward Area
- 15% Capital subsidy (Plant and Machinery) subject to a maximum of Rs30 Lakhs.
- 5% Additional subsidy subject to a maximum of Rs5 Lakhs to Enterprises which employ atleast 25 workers for minimum period of 3 years.(ESI, EPF records to be furnished)
- Additional Capital subsidy of 25% subject to a maximum of Rs3 Lakhs for MSME for promotion of cleaner and environment friendly technologies.
- LTPT subsidy at a rate of 20% for 3 years from DCP or date of power supply which ever is later.
- Additional Capital subsidy of 5% subject to a maximum of Rs2 Lakhs will be given to enterprises set up by Women, SC/ST, Physically disabled & transgender entrepreneurs.
Industrially Backward Blocks
- ALANGULAM
- MEELANEELITHANALLUR
- KURUVIKULAM
- KADAYAM
- RADHAPURAM
- PAPPAKUDI
- NANGUNERI
Subsidy for Agro Based Enterprises
- 15% Capital subsidy (Plant and Machinery) subject to a maximum of Rs30 Lakhs.
- 5% Additional subsidy subject to a maximum of Rs5 Lakhs to Enterprises which employ atleast 25 workers for minimum period of 3 years.(ESI, EPF records to be furnished)
- Additional Capital subsidy of 25% subject to a maximum of Rs3 Lakhs for MSME for promotion of cleaner and environment friendly technologies.
- LTPT subsidy at a rate of 20% for 3 years from DCP or date of power supply whichever is later.
- Additional Capital subsidy of 5% subject to a maximum of Rs2 Lakhs will be given to enterprises set up by Women, SC/ST, Physically disabled & transgender entrepreneurs.
Special Capital Subsidy for Thrust Sector Enterprises
15% Special capital subsidy on Plant and Machinery for the following Enterprises
- Electrical & Electronics Industry
- Leather & Leather goods
- Auto parts and components
- Drugs and Pharmaceuticals
- Solar Energy Equipment
- Gold & Diamond Jewellery for Exports
- Pollution Control Equipments
- Sports Goods and Accessories
- Cost effective building material
- Readymade garments
Stamp Duty Exemption for MSME
- Micro Manufacturing Enterprises will be exempted from payment of stamp duty on mortgaged and pledged documents.
- Enterprises in SIDCO or Government development estates for Micro and Small Enterprises will be entitled to 50% rebate on stamp duty and registration fee at the time of original allotment based on the transfer value fixed by SIDCO or Government in respect of such estates.
- In respect of MSME set up in Industrially Backward areas, the 50% rebate on stamp duty and registration fee would be reimbursed after commencement of production.
Industrially Backward Areas
Back Ended Interest Subsidy
- A back ended interest subsidy at the rate of 3%(subject to a maximum of Rs. 10 lakhs per enterprise over a period of five years) will be extended on loans taken up to Rs. 100 lakhs on Credit Linked Capital Subsidy Scheme.( CLCSS )
STATUS OF CAPITAL SUBSIDY APPLICATIONS PENDING AS ON THE
WEEK ENDING 13.11.2011
NAME OF THE DISTRICT : TIRUNELVELI
Sl.No |
Senio |
Name of the Enterprise |
Date of receipt of application |
Date of sanction |
Date of Disbursement |
Date of Rejection |
Reasons for pending |
1. |
1 |
M/s. J.M.J. Bricks Nanguneri |
11.02.2011 |
17.02.2011 |
23.02.2011 |
|
|
2. |
2 |
M/s. The Dynamic Techno Plast, Palayamkottai |
14.02.2011 |
17.02.2011 |
23.02.2011 |
|
|
3. |
3 |
M/s.A.R.M. Products, Alangulam |
14.02.2011 |
17.02.2011 |
23.02.2011 |
|
|
4. |
4 |
M/s. Unicone , Sankarankovil |
21.02.2011 |
23.02.2011 |
23.02.2011 |
|
|
5. |
5 |
M/s. Sabeetha Roofing India (P)Ltd, , Nanguneri |
03.03.2011 |
- |
- |
03.05.2011 |
|
6. |
6 |
M/s. Selson Plastic Industries , Thachanallur |
07.03.2011 |
- |
- |
03.05.2011 |
|
7. |
7 |
M/s.M.S.C. Rice Mill , Surandai |
21.03.2011 |
20.04.2011 |
18.08.2011 |
|
|
8. |
8 |
M/s.Doss & Maran Soaps |
27.05.2011 |
01.07.2011 |
18.08.2011 |
|
|
9. |
9 |
M/s.Doss & Maran Food products |
13.06.2011 |
03.08.2011 |
18.08.2011 |
|
|
10. |
10 |
M/s.Sri Narayana Rice Mill , Keelapavoor |
20.06.2011 |
- |
- |
19.08.2011 |
|
11. |
11 |
M/s. Kamathenu Waters |
01.07.2011 |
02.08.2011 |
18.08.2011 |
|
|
12. |
6 |
M/s. Selson Plastic Industries , Thachanallur |
04.07.2011 |
04.07.2011 |
18.08.2011 |
|
|
13. |
12 |
M/s. Sun Star Fly Ash Bricks |
05.07.2011 |
19.07.2011 |
18.08.2011 |
|
|
14. |
5 |
M/s. Sabeetha Roofing India (P)Ltd, , Nanguneri |
11.07.2011 |
04.08.2011 |
18.08.2011 |
|
|
15 |
13 |
M/s.Kasiyanantha Cooking ranges Pltd, Pettai |
29.07.2011 |
16.09.2011 |
19.09.2011 |
|
|
16 |
14 |
M/s. Winter Eratored Company |
01.08.2011 |
16.09.2011 |
19.09.2011 |
|
|
17 |
15 |
M/s. Valliammal Microns |
08.08.2011 |
6.09.2011 |
19.09.2011 |
|
|
18 |
16 |
M/s. Vivitha Microns , Alangulam |
18.08.2011 |
07.09.2011 |
|
|
Funds availed |
19 |
10 |
M/s.Sri Narayana Rice Mill , Surandai |
19.08.2011 |
16.09.2011 |
19.09.2011 |
|
|
20 |
17 |
M/s.Regaboth Coir Products |
16.09.2011 |
|
|
|
NOC From Coir board |
21 |
18 |
M/s. Selson Plastic Industries , Thachanallur |
23.09.2011 |
04.11.2011 |
|
|
Funds availed |
22 |
19 |
M/s.Keerthana Polymers |
26.09.2011 |
21.10.2011 |
|
|
Funds availed |
23 |
20 |
M/s.Nizam Matches |
29.09.2011 |
|
|
Rejection old unit |
|
24 |
21 |
M/s.Solve Plastic Products |
18.10.2011 |
|
|
|
Particulars availed
|