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"Employment Incentive" under "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries"

Puducherry

Employment
Entrepreneur
Incentive
Industry
Subsidy
Details
Benefits
Eligibility
Application Process
Documents Required
Frequently Asked Questions
The "Employment Incentive" is a Component of the "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries" Scheme by the Industries and Commerce Department, Union Territory of Puducherry. Through this scheme, a Wage/Employment subsidy of 20% of wage/ salary up to a maximum of ₹5,00,000/- per annum is provided in the case of workers who are covered under the Provident Fund (PF). The new units which commence production on or after 2-8-2004 would alone be eligible for this incentive for 5 years from the date of commencement of production. The applications are accepted offline in the prescribed form available on the Official Website of the Department.
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