GOVERNMENT GRANTS AND INCENTIVES

☀ Subsidy & Incentives

At present, our Firm is leading the way in fulfilling all the requirements for government grants. But today the government is providing grants under about 40 schemes in Maharashtra and India. So it is difficult for us to guide you properly without getting all the information about the project you are setting up. However, we request you to go to the link provided for complete information and fees and provide information about the project so that we can be properly informed.

Sr No. Project Type Subsidy*(%) Incentives# Term Loan
AGRICULTURE AND ALLIED PROJECTS
1. Open Field Cultivation (Falbag) 40% to 50% NA Yes
2. Poly House (Fruits, Vegetables and Flowers) 40% to 50% NA Yes
3. Green House and Nursery 40% to 50% NA Yes
4. Tissue Culture and Mushroom Production 40% to 50% NA Yes
5. Dairy Farming 25% to 33% NA Yes
6. Milk Chilling Unit 25% to 33% Yes Yes
7. Milk Packaging 25% to 33% Yes Yes
8. Grains/ Pulses Grading 25% to 33% Yes Yes
9. Fish Chilling and Freezing 25% to 33% Yes Yes
10. Oilseed and Coconuts Pack 25% to 33% Yes Yes
11. Fruits and Vegetables (Sorting Grading and Pack) 25% to 50% Yes Yes
STORAGE PROJECTS
12. Warehouses/Silos (5000 MT) 25% to 33% NA Yes
13. Storage for Feed and Fodder 25% to 33% Yes Yes
14. Cold Storage (F/V/F/F/M)$ 25% to 50% Yes Yes
15. Modified Cold Storage (Fresh Fruits) 25% to 50% Yes Yes
16. Integrated Cold Chain 35% to 50% Yes Yes
17. Ripening Chambers 25% to 50% Yes Yes
18. Collection and Grading Hall for Fruits 25% to 50% Yes Yes
PROCESSING PROJECTS
19. Fruits and Vegetables 35% to 50% Yes Yes
20. Frozen Fruits and Vegetables (Blast and IQF) 35% to 50% Yes Yes
21. Dried Fruits and Vegetables 35% to 50% Yes Yes
22. Fruits Powder and Paste 35% to 50% Yes Yes
23. Milk Processing-By Products 35% to 50% Yes Yes
24. Dal Mill, Oil Mill 35% to 50% Yes Yes
25. Fruits Juices, Squash, PET 35% to 50% Yes Yes
26. Canning of Processed Fruits, Vegetables and Foods 35% to 50% Yes Yes
27. Jaggery and Jaggery Products 35% to 50% Yes Yes
28. Ready to Eat/Cook Products 35% to 50% Yes Yes
29. Bakery Products 35% to 50% Yes Yes
30. Spices, Pickles, Jams 35% to 50% Yes Yes
31. Meat and Fish Processing 35% to 50% Yes Yes
32. Chicken Processing Units 35% to 50% Yes Yes
33. Food Irradiation Units 35% to 50% Yes Yes
34. Corrugated Boxes 15% to 33% Yes Yes
VARIEUS MANUFACTURER AND PROCESSERS
35. Plastic Moulded 15% to 33% Yes Yes
36. Rubber Processing 15% to 33% Yes Yes
37. Cloth Mask and Hand gloves 15% to 33% Yes Yes
38. Wire & Cable Industry 15% to 33% Yes Yes
39. Auto/Bicycle Parts 15% to 33% Yes Yes
40. Gold Plating and Jewellery 15% to 33% Yes Yes
41. Electronic equipment 15% to 33% Yes Yes
42. Cosmetics 15% to 33% Yes Yes
43. Wooden Furniture 15% to 33% Yes Yes
44. Readymade Garments 15% to 33% Yes Yes
45. Other manufacturing 15% to 33% Yes Yes
46. Printing Machines 15% to 33% Yes Yes
47. Leather and Footwear 15% to 33% Yes Yes
48. Cement, Ash Blocks 15% to 33% Yes Yes
49. Fuel briquetting 15% to 33% Yes Yes
50. Gulal, Glass, Gold, paints 15% to 33% Yes Yes
51. Others Manufacturing Etc 15% to 33% Yes Yes
* Subsidy Subsidy Amount is Percentage of Eligible Cost as per respective departments Norms hence Eligible Cost for Subsidy may be less than your total project Cost.
# Incentives

Condition -

  1. NA with approved lay out plan is Mandatory.
  2. Udyog Adhar Registration is Mandatory.

Followings are the Incentives,

  1. Stamp Duty on Lease Agreement, Loan Mortgage
  2. SGST Paid (Percentage depend on projects)
  3. Interest paid on Term Loan (5% on Term Loan)
  4. Power Bill (Rs.0.50/1 per Unit for 3 Years)
  5. Electricity Duty (100%)

$ F/V/F/F/M Fruits/Vegetables/ Flowers/Fish/Meat
Term Loan Term Loan is mandatory to apply for this subsidy scheme.

☀ Preparation of Project Report and Project Finance

Our team is made of former project finance bankers and experienced infrastructure and energy finance professionals with a deep understanding of the challenges related to raising limited recourse project financing in the sectors and markets in which we are active.
We are attracted to the most challenging projects where we can leverage our unique positioning and skillset to support our Clients’ teams: such as in new sectors or technologies, new markets or untested contractual frameworks, contractor-operators banked on a limited recourse basis for the first time, projects which are pioneers or the largest to date in their asset class.