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  • Subsidy Schemes

    Amount or Percentage of Subsidy: For Garmenting and technical textiles segment the rate of Capital-Intensive Subsidy is 15% of eligible machines subject to a cap of Rs.30 Crore per individual entity. Weaving for brand-new shuttle less looms processing jute silk and handlooms -10% on eligible machines subject to a cap of Rs.20 Crore to individual entity.

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  • SCHEME OF CREDIT LINKED CAPITAL, SUBSIDY FOR TECHNOLOGY UPGRADATION OF

    2.1: The revised scheme aims at facilitating technology upgradation by providing 15 per cent upfront capital subsidy with effect from the 29 th September, 2005 (12 per cent prior to 29.09.2005) to SSI units, including tiny, khadi, village and coir industrial units (hereinafter referred to as SSI units), on institutional finance availed of by them for induction of well established and improved

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  • Term Loan, New Machinery Subsidy, Government Subsidy Benefits, New

    The admissible capital subsidy under the revised scheme is calculated with reference to purchase price of Plant and Machinery. Maximum limit of eligible loan for calculation of subsidy under the revised scheme has also been raised from Rs. 40 lakhs to Rs. 100 lakh w.e.f. 29-09.2005. No. Name of Bank.

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