Assisting in Government Subsidy Of Project

Various government subsidies are available for eligible units. Our expert team will guide you to get subsidy work done in hassle free manner. Subsidies are available from Central as well as State government to new as well as existing establishments. Following are few subsidies available from central as well as state government.

TECHNOLOGY UPGRADATION FUND SCHEME (TUFS) SUBSIDY

Technology Upgradation Fund Scheme (TUFS) subsidy is basically available to textile and related units. It includes cotton ginning & pressing, silk sector, wool sector, synthetic filament, spinning, viscose, weaving, knitting, non-woven, technical textile, garment manufacturing, made-up manufacturing, jute industry, carpet manufacturing and handloom weaving sectors.

Rate of subsidies are ranging between 10% capital subsidy to 25% credit linked margin money subsidy and / or 5% interest rate subsidy.

The procedure for claiming subsidy under TUFS is as follows:

  • Kindly fill our basic information sheet which can be downloaded from Forms Download Section
  • Submit the basic information sheet and required documents to our office, our staff will file the required forms and will contact you for signatures in various forms. This will include your banker’s signature on specified format.
  • After submitting the forms duly signed and stamped, the nodal agency will generate Unique Identity Number and ministry of textile will assess proposal and approve it.
  • Nodal agency will release the subsidy fund after getting fund from ministry of textile.
CREDIT LINKED CAPITAL SUBSIDY SCHEME (CLCSS) SUBSIDY

Capital Subsidy to Small Scale Industry (SSI) Unit under Credit Linked Capital Subsidy Scheme (CLCSS) @ 15% for 49 various Industries.

Eligible amount for Capital subsidy is calculated @ 15% of eligible cost of plant and machinery.

Any new unit or expansion of unit within SSI Limit of ₨ 5.00 Crore is eligible for CLCSS subsidy.

Maximum available Capital Subsidy is of ₨ 15 Lakhs.

Unit should remain in production for at least 3 years from availing subsidy from government.

The procedure for claiming subsidy under CLCSS is as follows:

  • Kindly fill our basic information sheet which can be downloaded from Forms Download Section
  • Submit the basic information sheet and required documents to our office, our staff will file the required forms and will contact you for signatures in various forms. This will include your banker’s signature on specified format.
  • Nodal agency will release the subsidy fund after getting fund from government.
MICRO, SMALL AND MEDIUM ENTERPRISES
Various subsidies are available for micro, small and medium enterprises registered with District Industries Center. Currently we are dealing with interest rate subsidy issued by Government of Gujarat. Government of Gujarat will give assistance in the form of interest to micro, small and a medium enterprise in the range of 5% to 7% depends on eligibility.

The procedure for claiming subsidy is as follows:

  • Kindly fill our basic information sheet which can be downloaded from Forms Download Section
  • Submit the basic information sheet and required documents to our office, our staff will file the required forms and will contact you for signatures in various forms. This will include your banker’s signature on specified format.
  • After submitting the forms duly signed and stamped, we will forward it to District Industries Center.