Central Government and Government of different states have separate Government policies for Start-ups and MSME’s (Medium, Small and Micro enterprises) to provide them different type of subsidies so that MSME’s could beat the competition and could become self- sustainable in the competitive business environment. However, sometime Start-ups and MSME’s may not be aware about these government subsidies schemes and their benefits; hence we would like to help you for updating the entitlement and benefits of these schemes.
Start-ups/MSME’s /NSIC Certified Enterprises are entitled to avail following Subsidy benefits:
- Collateral Free loans from banks,
- Reservation policies for manufacturing / production sector
- Special consideration on international trade fairs,
- Refund of cess or other levy charged (octroi) provided under the Package Scheme,
- Subsidies/Waiver of Stamp Duty and Registration Fees, social security compliance
- Subsidy on NSIC Performance and Credit ratings,
- Eligible for Industrial Promotion Subsidy (IPS),
- Counter Guarantee from Government of India through CGSTI,
- Protection against delay in payment,
- Reduction in rate of Interest from banks,
- Credit Linked CGSTI Subsidy Scheme (CLCSS) for technology up-gradation,
- Waiver in Security Deposit in Government Tenders,
- Concession in electricity bills,
- Reimbursement of ISO Certification Fee,
- Preference in procuring Government Tenders,
- Enterprises can avail 15% weightage in price Preference,
- Bank interest rate on OD 1% exemption,
- Enterprises will get 50% subsidy for patent registration,
- Priority/reservation for allotment of Commercial Space/Industrial Plots
We have a team of qualified, experienced and dedicated MSME consultants in Noida/Delhi/NCR. We provide our expert and customized services for Start-ups and MSME’s in India for mentoring the entrepreneurs to beat the competition and to make them self sustainable in the industry.