What you get
Assistance Provided under the MSME Policy: | - DPR Assistance: 75% reimbursement of expenditure incurred on the preparation of Detailed Project Report (DPR). - Stamp Duty Reimbursement: 50% to 100%, depending on the category of the enterprise. - Capital Goods Assistance: 20% to 50% of the total fixed capital investment in workshop building, plant, and machinery, up to a maximum reimbursement of ₹4 crore, as per the district and category of enterprise. - Interest Subsidy Reimbursement: 2% to 4% per annum, within the prescribed maximum limit, as per the district and category of enterprise. - Electricity Duty Reimbursement: 100% reimbursement for load up to 500 KW. - Market Fee Reimbursement: 50% reimbursement, subject to a maximum annual limit. - Quality Certification Incentive Assistance: 75% reimbursement, up to a maximum of ₹1 lakh. - Incentive for Cluster Development: Financial incentive of 70% of the project cost, up to a maximum of ₹5 crore per project.
Who can apply
Required Paperwork
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof (Domicile)
Common Questions
Who is eligible under this policy?
Micro, small, and medium manufacturing enterprises of all categories, except those in the restricted category, are eligible.
Are new and existing enterprises covered under this policy?
Yes. The policy provides benefits for new units as well as for substantial expansion of existing enterprises.
What is the minimum requirement for existing enterprises to avail benefits?
Existing enterprises must have at least 25% additional capital investment and a minimum 25% increase in production capacity.
How should an enterprise apply for financial incentives?
Eligible units can apply through the Incentive Tab on the portal www.investuttarakhand.uk.gov.in after starting commercial production.
What approvals are required before setting up or expanding an enterprise?
Enterprises must obtain in-principle approval under the Uttarakhand Enterprise Single Window Facilitation and Licensing Act, 2012 from the District/State Empowered Committee through CAF on the single window portal.
What types of assistance are provided under the policy?
Assistance includes: | - DPR preparation reimbursement | - Stamp duty reimbursement | - Capital goods subsidy | - Interest subsidy | - Electricity duty reimbursement | - Market fee reimbursement | - Quality certification incentive | - Cluster development incentive
How are financial incentives disbursed?
- Micro enterprises: Capital subsidy in two equal annual installments | - Small and medium enterprises: Capital subsidy in five equal annual installments | - Other incentives are paid in lump sum.
How is the benefit of financial incentives determined?
Benefits are determined based on the unit category (Micro, Small, Medium) and the district/area classification (A, B, C, D).
Who approves the claims for financial incentives?
Claims are approved by the State Level Authorized Committee, headed by the Director General/Commissioner of Industries.