- Details
- Benefits
- Eligibility
- Application Process
- Documents Required
- Frequently Asked Questions
- Sources And References
- Feedback
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Dadra & Nagar Haveli and Daman & Diu
Investment Promotion Scheme (IPS) for MSME Sector: Awards For MSMEs
Awards
Entrepreneurship
IPS
MSMEs
Details
The scheme “Awards For MSMEs” is a sub scheme under the “Investment Promotion Scheme (IPS)” for MSME Sector. It was launched on 3rd July, 2015 for a period of five years by the Dept. of Industries, U.T. Administration Of Dadra & Nagar Haveli And Daman & Diu. Now it has been extended further from 20th May, 2022 and shall be operative till 19th May, 2027.
Objective of the "Investment Promotion Scheme (IPS)”:
The scheme envisages to provide incentives and assistance to the MSME Sector in order to nurture them and protect them from market vagaries thereby making them vibrant and successful, maximize Women participation in the business sector, reduce unemployment among the local residents and incentivize the industries to employ resident laborers etc.
Objective of the "Awards For MSMEs" Sub-scheme:
Under this scheme, awards will be given for Best MSMEs under Micro, Small and Medium Category, for the following achievements:
- MSME achieving highest growth in turnover over an year.
- MSME achieving highest growth in exports over an year.
- MSME achieving highest growth in employment over an year.
- Achieving International certification over an year.
An MSME unit is eligible to receive awards for a period of three years in the entire scheme period of five years, if found eligible for the award. Secretary (Industries) is the recommendatory Authority for scrutiny and finalization of the nominations received and Hon’ble Administrator is awarding Authority in IPS-2022.
Benefits
- Award of ₹2,00,000/-.
- Trophy.
- Appreciation letter.
Eligibility
- Should be a New Manufacturing/ Service units or Existing Manufacturing/ Service units which undertakes Expansion/ Diversification in MSME sector.
- The unit should have commenced the commercial production between 20.05.2022 to 19.05.2027.
- Unit should be located in the U.T. of Dadra and Nagar Haveli & Daman and Diu.
Application Process
Online
Registration Process:
Step 2: Provide the information in the respective input spaces and click on “Register”.
Step 3: Verify your email address using the verification link sent on your email (If Mail is Not Received Your Inbox. Please Check the Spam).
Step 4: Click the Link/URL in the received email or Paste Link/URL in browser's address bar to complete your Account Verification.
Step 5: Now enter “111111” as OTP to verify your mobile number. Mobile Number and Pin Successfully will be sent to the registered Email Address.
Step 6: On successful registration the login credentials will be received in the registered email.
Application Process:
Step 2: Enter registered Mobile Number along with PIN sent on your email then click “Log In”.
Step 3: On successful Log In, from the left side menu bar click on “Departments & Services” tab.
Step 4: Scroll down to “District Industries Centre DD & DNH” and click on the “Click Here” button to apply for “Investment Promotion Scheme : 2022 to 2027 (20 May 2022 to 19 May 2027)”.
Step 5: “Common Application Form” will be open. Enter all the details in required input fields and upload all the mandatory documents.
Step 6: After successful entry of the information, verify all the details and click on the “Submit” button to complete the application process.
Helpdesk:
District Industries Centre,
Contact No.: 0260-2260871 / 0260-2260310
E-mail Address: dic-dd@nic.in
For Technical Assistance on Single Window Portal (i.e. https://investdd.in) Contact No. : 0260-2231885 / 2231886 E-Mail : ddegs-dd@nic.in
Documents Required
- Corporate Identification Number (CIN) Document.
- Taxpayer Identification Number (TIN) Document.
- Permanent Account Number (PAN) Document.*
- Goods and Services Tax Number (GST) Document.
- Other Registrations Document.
- Copy of Udyam Registration /Industrial Entrepreneur Memorandum, as applicable.
- Copy of Partnership Deed and Firm Registration Certificate in case of partnership concern or Memorandum & Articles of Association and Date of Incorporation Certificate in case of Public/ Private Limited companies.
- Copy of land purchase deed duly signed by the applicant (If the Enterprise is functioning in its own land).
- Copy of registered lease agreement for a minimum period of 5 years from the date of commencement of commercial production (If the Enterprise is functioning in a leased land/ building).
- Copy of sanction order from Electricity Department for power supply with copy of the latest bill.
- Authorization letter.
- Copy of Consent to Operate / Renewal from PCC, DNH & DD (as applicable for Notification No. PCC/DMN/13(PART VI)/2020-21/448 DATED 25/01/2021).
- Copy of Factory licensee.
- Undertaking.
Frequently Asked Questions
How long is an MSME unit eligible to receive awards under the scheme?
An MSME (Micro, Small, and Medium Enterprises) unit is eligible to receive awards for a maximum period of three years within the entire scheme period of five years, provided the unit is found eligible for the award each year.
Who is responsible for the scrutiny and finalization of the nominations for IPS-2022?
The Secretary (Industries) is the recommendatory authority responsible for the scrutiny and finalization of the nominations received for IPS-2022.
What is the role of the Hon’ble Administrator for IPS-2022?
The Hon’ble Administrator is responsible for awarding the IPS-2022 awards based on the recommendations finalized by the Secretary (Industries).
What happens to the benefit of the incentive if a newly setup enterprise is sold or transferred to a new owner within the first five years of its establishment?
If a newly setup enterprise is sold or otherwise transferred to a new owner during the period of five years, the benefit of the incentive shall be available to such transferee or the new owner, only for the unexpired portion.
What is the definition of Expansion/ Diversification?
Expansion/Diversification means where an existing / New Enterprise increases its investment by at least 50% (out of which at least 60% of investment is made in plant and machinery for which expansion is carried out) of its existing Gross Fixed capital investment on the date of initiating expansion and compared with the date of commencing production during the operative period of the scheme. Only one Expansion / Diversification will be eligible for assistance during the operative period of the Scheme.
What measures are in place to prevent misuse of the subsidy scheme?
Strict guidelines, documentation requirements, and verification procedures are in place to ensure that subsidies are availed by eligible enterprises for genuine purposes only.
What is the operative period of the scheme?
The operative period of scheme is from 20.05.2022 till 5 years that is 19.05.2027.
If an enterprise is established in 2023 and becomes eligible for the scheme what would be the time period in which benefits are applicable?
The enterprise can avail benefit commencing from date of production till 5 years even if that period falls beyond operative period.
What is the timeline of making an application?
The timeline to make application is within one year of first disbursement of loan or within one year of production whichever is later. the application submitted after one year will not be entitled to capital and interest subsidy.
How can an eligible unit apply to get the benefits of the scheme?
The eligible unit can apply by visiting single window portal website which is “swp.dddgov.in”, and once page pops-up the user have to go to departments tab and select district industries tab under which the user have to click on apply for investment promotion scheme: 2022 to 2027.
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You're being redirected to an external website. By proceeding, your details will be shared with the relevant department.
Your mobile number will be shared with Jan Samarth and you will be redirected to external website.
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You have already submitted an application for this scheme. You may apply again only after 30 days i.e. after
It seems you have already initiated your application earlier.To know more please visit
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Check Eligibility
Dadra & Nagar Haveli and Daman & Diu
Investment Promotion Scheme (IPS) for MSME Sector: Awards For MSMEs
Awards
Entrepreneurship
IPS
MSMEs
Details
Benefits
Eligibility
Application Process
Documents Required
Frequently Asked Questions
The scheme “Awards For MSMEs” is a sub scheme under the “Investment Promotion Scheme (IPS)” for MSME Sector. It was launched on 3rd July, 2015 for a period of five years by the Dept. of Industries, U.T. Administration Of Dadra & Nagar Haveli And Daman & Diu. Now it has been extended further from 20th May, 2022 and shall be operative till 19th May, 2027.
Objective of the "Investment Promotion Scheme (IPS)”:
The scheme envisages to provide incentives and assistance to the MSME Sector in order to nurture them and protect them from market vagaries thereby making them vibrant and successful, maximize Women participation in the business sector, reduce unemployment among the local residents and incentivize the industries to employ resident laborers etc.
Objective of the "Awards For MSMEs" Sub-scheme:
Under this scheme, awards will be given for Best MSMEs under Micro, Small and Medium Category, for the following achievements:
- MSME achieving highest growth in turnover over an year.
- MSME achieving highest growth in exports over an year.
- MSME achieving highest growth in employment over an year.
- Achieving International certification over an year.
An MSME unit is eligible to receive awards for a period of three years in the entire scheme period of five years, if found eligible for the award. Secretary (Industries) is the recommendatory Authority for scrutiny and finalization of the nominations received and Hon’ble Administrator is awarding Authority in IPS-2022.
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