Exclusive subsidy schemes for micro manufacturing enterprises established anywhere in the State.
15% capital subsidy on the value of eligible plant and machinery subject to a maximum of Rs.3.75 lakhs.
20% low tension power tariff subsidy for 36 months from the date of commencement of commercial production or from the date of power connection whichever is later.
100% subsidy on the net value of Value Added Tax(VAT) paid by them for the first 6 years upto the value of investment made in eligible plant and machinery at the time of allotment of Entrepreneur Memorandum No. Part II.
Stamp duty exemption on mortgaged and pledged documents.
15% special capital subsidy on the eligible plant and machinery for the 10 thrust sector industries viz., electrical and electronic industry, leather, auto parts and components, drugs and pharmaceuticals,solar energy equipment,Gold & diamond jewellery for export, sports goods & accessories,cost effective building material and readymade garments. set up anywhere in the District subject to a maximum of Rs.30 lakhs.
BACKWARD AREA(BLOCK) / AGRO ENTERPRISES
schemes for micro, small and medium manufacturing enterprises established in industrially backward areas and agro based industries set up in 8 blocks which are Uthiramerur, Walajabad, Maduranthagam, Acharapakkam, Kundrathur, Thirukazhukundram, Chithamur and Lathur in the District.
15% capital subsidy on the value of eligible plant and machinery, subject to a maximum of Rs.30 lakhs.
5% additional employment intensive subsidy on the value of eligible plant and machinery for giving employment to 25 workers for 3 years within the first 5 years from the date of commencement of commercial production, subject to a maximum of Rs. 5 lakhs.
5% additional capital subsidy on the value of eligible p'ant and machinery for units set up by women, scheduled caste/scheduled tribe, physically disabled persons and transgender entrepreneurs, subject to a maximum of Rs.2 lakhs.
25% additional capital subsidy on the value of eligible plant and machinery installed to promote cleaner environment friendly technologies subject to a maximum of Rs.3 lakhs on certification by the Tamil Nadu Pollution Control Board. 20% low tension power tariff subsidy for 36 months from the date of commencement of production or from the date of power connection whichever is later after allotment of Entrepreneur Memorandum No. Part II .
SCHEMES FOR TECHNOLOGY DEVELOPMENT
3% back ended interest subsidy for technology upgradation / modernization.
50% subsidy on the cost of filling a patent application and for trade mark registration.
Establishment of industrial clusters and mini tool rooms under public private partnership mode.
Creation of technology development fund for evolving cleaner / enegry efficient / IT enabled technologies
Assistance for creation of centers of Excellence and technology business incubators for introduction of new production techniques and design development.
SCHEMES FOR INFRASTRUCTURE DEVELOPMENT
Establishment of multi-storied flatted industrial estates for micro industries has been included in the policy for the first time in the state
Liberal floor space index(FSI) would be considered for plotted development upto 1.5 to 1.75 for industrial sheds and up to 2.5 for multi-stored industrial units.
Reservation of upto 20% of land in all SIPCOT estates for micro,small and medium industries and upto 30% of area will be reserved for micro industries in SIDCO estates.
An infrastructure subsidy of 20% will be given for the development of private sector industrial estates of the first time in the state
50% Rebate on Stamp-duty and Registration charges will be given to micro and small enterprises set up in industrial estates and also in industrially.
SCHEMES FOR SKILLS DEVELOPMENT
Reimbursement of 50% of the tuition fees A for conduction short term training courses for Entrepreneurship and skill development programmes by industrial associations.