- Details
- Benefits
- Eligibility
- Application Process
- Documents Required
- Frequently Asked Questions
- Sources And References
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Investment Promotion Scheme (IPS) for MSME Sector: Awards For MSMEs
The Dadra And Nagar Haveli And Daman And Diu
Details
Objective of the "Investment Promotion Scheme (IPS)”:
Objective of the "Awards For MSMEs" Sub-scheme:
- 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.
Benefits
- Award of ₹2,00,000/-.
- Trophy.
- Appreciation letter.
Eligibility
Application Process
Registration Process:
Application Process:
Helpdesk:
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 need to sign in before applying for schemes
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It seems you have already initiated your application earlier.To know more please visit
Apply Now
Check Eligibility
Investment Promotion Scheme (IPS) for MSME Sector: Awards For MSMEs
The Dadra And Nagar Haveli And Daman And Diu
Objective of the "Investment Promotion Scheme (IPS)”:
Objective of the "Awards For MSMEs" Sub-scheme:
- 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.
Share
News and Updates
No new news and updates available
