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Investment Promotion Scheme (IPS) for MSME Sector: Incentive For Local Employment

The Dadra And Nagar Haveli And Daman And Diu

Employment
Entrepreneurship
Incentives
IPS
MSMEs
Reimbursement
Subsidy
Details
Benefits
Eligibility
Application Process
Documents Required
Frequently Asked Questions
The scheme “Incentive For Local Employment” 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 "Incentive For Local Employment" Sub-scheme:
Under this scheme, one-time recruitment incentive is provided to the Industrial Units for generating employment for local residents.
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