Subsidy scheme for WOMEN ENTERPRENUER, MAHARASHTRA (Manufacturing Unit)
Validity of scheme: Scheme is valid from 10th November, 2017 to 9th November, 2022.
Subsidy scheme for WOMEN ENTERPRENUER, MAHARASHTRA (Manufacturing Unit)
Validity of scheme: Scheme is valid from 10th November, 2017 to 9th November, 2022.
Eligibility Criteria
- 100% shareholding/ Ownership by women only
- Unit should have minimum 50% women as employee
- Unit should be in MSME category only
Meaning of Capital investment
Capital investment includes:
- Land
- Building including administrative building, residential quarters, industrial housing as required for manufacturing process
- Plant and machinery
- Plant and machinery
- expenses capitalized
- Technical know-how including Cost of development of location such as fencing, construction of roads and other infrastructure facilities
- Installation charges and pre-operative f drawing and know-how fees
- Amount paid to electricity distribution company for supply of power
Financial incentives
| Taluka / Area – as per PSI | Incentive – Non food Units | No. of Years | Incentive – food Units |
| A & B | 40% Eligible CI | 7 | 50% Eligible CI |
| C | 70% | 7 | 80% |
| D | 80% | 10 | 90% |
| D+ | 100% | 10 | 100% |
Refund will be given by way of SGST and Interest subsidy
Additional Capital Subsidy
| Taluka / Area – as per PSI | On eligible project cost | Max. Cash subsidy |
| A & B | 15% | Rs. 20 Lakh |
| C | 15% | Rs. 20 Lakh |
| D | 20% | Rs. 25 Lakh |
| D+ | 25% | Rs. 50 Lakh |
| No industry District | 35% | Rs. 100 Lakh |
Additional Incentivemechanism for MSME
50% of EPF contribution reimbursement of Employers’ share for 5 years.
Example: Capital + SGST and interest refund mechanism for MSME
| Benefits to MSME in VASAI (A Zone) | |
| Capital investment | Rs. 10 crore |
| Refund eligible -40% | Rs. 4 crore in 7 years |
| Eligible refund per year | Rs. 57 lakh p.a |
| 1) SGST refund | (in Lakh) |
| (A) Gross SGST payable on sale | Rs. 50 |
| SGST eligibility | Rs. 50 |
| 2) Interest subsidy | |
| Interest paid | Rs.10 lakh |
| Electricity bill | Rs. 7 lakh |
| Claimable refund | Rs. 10 lakh |
| Total refund of Capital + SGST and interest | |
| SGST refund | Rs. 50 lakh |
| Interest refund | Rs. 10 lakh |
| Total refund Maximum | Rs. 57 lakh |
| + Capital subsidy | Rs. 20 lakh (one time) |