Updated on December 19, 2024 03:50:39 PM
The MSME Subsidy in Dadra & Nagar Haveli and Daman & Diu provides a list of incentives to boost the Micro, Small, and Medium Enterprises’ growth under the MSME Policy 2020. MSMEs are a major source of employment, contributors to growth and enhancement of the industrial base of the state. The MSME Subsidy in Dadra & Nagar Haveli and Daman & Diu in terms of financial aid, incentives and loans for a firm to enhance technology, skill and infrastructural development.
Entrepreneurs avail MSME Subsidy in Dadra & Nagar Haveli and Daman & Diu which mainly aims at making the state more favorable for growth of MSME of different types of sectors. The MSME Subsidy in Dadra & Nagar Haveli and Daman & Diu was formulated to at least ensure a definite subsidization in efforts targeting innovation, competitiveness and general productivity within the Micro, Small and Medium Enterprises business environment.
The MSME Subsidy in Dadra & Nagar Haveli and Daman & Diu is helpful to encourage new venture development and industrialization and also redeem the cost for business and extend occupation in the state. As regards the returns, the MSME Subsidy in Dadra & Nagar Haveli and Daman & Diu helps micro, small and medium enterprises to acquire capital and superior technology for increasing productivity, expanding the market and enhancing the product quality and competitiveness. The MSME Subsidy in Dadra & Nagar Haveli and Daman & Diu also promotes the growth of industries with specialization to Point of Sale areas and also promotes exports by way of development of facilities. Other benefits of MSME Subsidy in Dadra & Nagar Haveli and Daman & Diu are tax incentives, and interests make the financial position better; therefore, MSMEs are excellent actors of the economic development of Dadra & Nagar Haveli and Daman & Diu.
The goals of the MSME Subsidy in Dadra & Nagar Haveli and Daman & Diu offers various incentives to the Micro, Small, and Medium Enterprises in the state to boost economic development. Some of the benefits of MSME Subsidy in Dadra & Nagar Haveli and Daman & Diu are listed below:
The MSME Subsidy in Dadra & Nagar Haveli and Daman & Diu provides financial assistance and incentives to Micro, Small, and Medium Enterprises under 15 categories which are listed below:
Capital Investment Subsidy
| Parameter | Details |
|---|---|
| Subsidy Rate | 15% of Project Cost (Building + Machinery) |
| Maximum Subsidy Amount |
|
| Additional Subsidy | Additional 10% for First Generation Women and Differently Abled Entrepreneurs (max Rs. 15 lakhs) |
Interest Subsidy for MSME
| Sector | Subsidy Rate | Maximum Amount |
|---|---|---|
| Manufacturing | 50% of interest paid up to Rs. 30 lakhs | Rs. 30 lakhs |
| Service Sector | 50% of interest paid up to Rs. 30 lakhs | Rs. 30 lakhs |
| Additional Subsidy for Women/Differently Abled | Additional 10% | Not Specified |
| Additional Subsidy for Startups | Additional 10% | |
| Additional Subsidy for Young Entrepreneurs | Additional 10% for partners/directors below 35 years |
Assistance for Quality Certification
| Parameter | Details |
|---|---|
| Certification Assistance | 50% for National/International Certification (e.g., BIS, ISI, GMP) up to Rs. 10 lakhs |
| Testing Equipment | 50% for testing equipment and machinery for certification |
Assistance for Patent/Trademark Registration
| Parameter | Details |
|---|---|
| Patent Application Cost | 75% of costs for any number of patent applications up to Rs. 25 lakhs per applicant/enterprise |
| Attorney Cost | Reimbursement up to Rs. 50,000 (domestic) and Rs. 2 lakhs (international) |
Assistance for ZED Certification
| Parameter | Details |
|---|---|
| Assistance Rate | 50% of charges up to Rs. 1,00,000 after deducting any incentive from the central government |
| Application Timeline | Must apply within a year from the date of issue of the certificate |
Assistance for Energy/Water Audit
| Parameter | Details |
|---|---|
| Audit Cost Assistance | 75% of total cost paid for Energy/Water Audit up to Rs. 1 lakh |
| Equipment Assistance | 25% for equipment recommended by audit up to Rs. 20 lakhs, subject to 20% reduction in consumption |
Entrepreneurship Skill Development Assistance
| Parameter | Details |
|---|---|
| Assistance Amount | Up to Rs. 1.5 lakh per course per person for up to 20 persons per year/enterprise |
Assistance for Small and Medium Enterprises (SME) for Raising Capital
| Parameter | Details |
|---|---|
| Assistance Amount | 25% up to Rs. 5 lakhs |
Incentives for Doubling Export Values
| Parameter | Details |
|---|---|
| Export Incentive | 1% of export value up to Rs. 20 lakhs; for Women entrepreneurs, 2% up to Rs. 30 lakhs |
Reimbursement of Free On Board (FOB) Expenses
| Parameter | Details |
|---|---|
| Reimbursement Rate | 20% up to Rs. 20 lakhs for 3 years for Food/Marine processed products |
Assistance for Capital Investment in Solar Power Generation
| Parameter | Details |
|---|---|
| Assistance Rate | 25% of capital investment on Solar Generation up to Rs. 50 lakhs subject to achieving 10% of Solar Power generation/consumption |
Assistance for Participation in Industrial Exhibitions Abroad
| Parameter | Details |
|---|---|
| Assistance Rate | 50% of cost of stall and marketing expense for participating in international exhibitions, up to Rs. 2 lakhs (5 times for each unit during policy period) |
Incentive for Local Employment
| Parameter | Details |
|---|---|
| Incentive Rate | Rs. 3 lakhs per 20 local persons up to Rs. 15 lakhs to each eligible unit; Minimum period of employment shall be 1 year |
Awards for MSMEs
| Parameter | Details |
|---|---|
| Award Amount | Rs. 2 lakhs, trophy, and appreciation for growth, turnover, exports, and certifications; 3 years in the scheme period |
Scheme for Reimbursement of Stamp Duty
| Parameter | Details |
|---|---|
| Reimbursement Rate | 50% for Manufacturing MSME sector |
The MSME Subsidy in Dadra & Nagar Haveli and Daman & Diu is notable for developing the MSMEs Sector in the state of Dadra & Nagar Haveli and Daman & Diu. It is used in meaning that the MSME Subsidy in Dadra & Nagar Haveli and Daman & Diu offers funds and subsidies to the Micro, Small and Medium Enterprises via subsidy programs. While implementing, the purpose of MSME Subsidy in Dadra & Nagar Haveli and Daman & Diu is to minimize the burdens to finance the business. The MSME Subsidy in Dadra & Nagar Haveli and Daman & Diu can create jobs for the domiciles of the state and bring development of the economy of the state. The MSME Subsidy in Dadra & Nagar Haveli and Daman & Diu supports the enhancement of growth and productivity of MSMEs in the state by encouraging industrialization of undeveloped regions of the area.
At Professional Utilities, we leverage our industry knowledge and expertise to help businesses navigate complex regulations, minimize risks, and optimize operations for maximum efficiency and profitability.
The MSME Subsidy in Dadra & Nagar Haveli and Daman & Diu holds several incentives for the Micro, Small and Medium Enterprises wherein it stretches financial aid for business enlargement, employment opportunities, decrease in business expenses under tax exemptions and interest concession.
The MSME Subsidy in Dadra & Nagar Haveli and Daman & Diu is the subsidy provided by the state government for the growth of Micro, Small and Medium Enterprises units with the aim of providing financial support to achieve better employment opportunities within the growth of business.
The MSME subsidy in Dadra & Nagar Haveli and Daman & Diu is needed for the development of the state’s economy, to mitigate the problems of MSMEs and their access to funds, to provide work to the state residents, and improve competitiveness in both national and global contexts.
The available MSME Subsidy in Dadra & Nagar Haveli and Daman & Diu that can be redeemed by the Micro, Small, and Medium Enterprises fall under 15 categories which are:
\Speak Directly to our Expert Today
Reliable
Affordable
Assured
Call us on
+91 9821113117
[Mon - Sat, 10am - 7pm]
Write to us
809, 8th Floor, Madhuban Building,
Nehru Place, New Delhi - 110019
Reliable
Affordable
Assurity
They've been very helpful in our registration with ICEGATE. It was a small thing with a small amount paid which somehow escalated to a very painful procedure. Never did they say "You've only paid so much. It's too much effort for us.".
Very pleased with their service. Prompt, professional and great communication. Definitely recommend. Special mention for Ms. Razia - she handled our case.
Professional Utilities is fully professional in their work, Rates are too low and genuine. Services and satisfaction are high so I highly recommended Professional Utilities.
They are one of the most genuine and reasonable people. I applied for lmpc certificate through them and they charged me a very nominal amount as compared to what other firms asked .
