Union Budget 2023-24
Know More
  • OBJECTIVE
    1
    • Financial support for Infrastructure development for enhancing the productivity, sustainability, competitiveness and growth by addressing issues such as improvement of technology, skills & quality, market access.
    • Creating upgraded infrastructural facilities, common facilities to supplement manufacturing, testing, packaging, R&D, product and process innovations and training for natural resources
      such as fruits, spices, agri, forestry, sericulture and bamboo etc. available in NER and Sikkim.
    • Development of tourism sector. Promoting common services such as kitchen, bakery,
      laundry & dry cleaning, refrigeration and cold storage, IT infra, potable water, display centre for local products, centre for cultural activities etc. in a cluster of home stays.
  • KEY BENEFITS
    2
    • Common and developed infrastructure facilities to develop new products & processes including toolings to boost tourism in NER & Sikkim.
  • SCHEME APPLICABLE FOR
    3
    • State Government or any State Govt. organization engaged in promotion of MSMEs.
  • DETAILED INFORMATION
    4
    • Setting up of new and modernization of existing Mini Technology Centers: Financial assistance of 90% with maximum project of INR 15 crore (limited to 1.00 crore in case of building costs)
    • Development of new and existing Industrial Estates: Financial assistance of 90%. with maximum project cost of INR 15 crore for development of New
      industrial estate whereas INR 10 crore for development of existing Industrial Estate.
    • Development of Tourism Sector: Financial assistance of 90% for projects with
      maximum project cost INR 5 crores (balance project cost if any have to be borne by the State Govt)
HOW TO APPLY

The State Government, desirous of availing financial assistance under the scheme would formulate a proposal and identify an agency preferably Department of Industries & Commerce or any State Govt. organization engaged in promotion of MSMEs to implement the project.
In case, any assistance is needed at this stage, they may approach office of Development Commissioner (MSME), New Delhi.

  • DOWNLOAD