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Result for the Interview held on 26th Augus t, 2017 at M PLUN office, Bhopal For the Selection of Incubatees under Apparel Incubation Project, Gwalior  ||   INCUBATION OPPORTUNITY FOR NEW ENTREPRENEURS

Concessions & Facilities :

Industrial Promotion Policy 2014 of the Government of Madhya Pradesh provides Following concessions to industrial units :-

a.

 

Capital Subsidy for small scale units:

@ 15% of investment in plant & machinery * maximum 15 Lakh

b.

 

Interest  Subsidy

5% for 7% (limited to Rs. 3 to 5 lacs per year)

c.

 

Entry Tax exemption

 5 Years.

d.

VAT & CST

For small scale units having minimum fixed capital investment of 1 Crore and Medium scale units.

50% of the VAT paid - for 7 years
( limited to investment in plant & machinery * )

Large & Mega Units.

75% of VAT paid - for 10 years
( limited to investment in plant & machinery * )

e.

 

Electricity  Duty exemption

5 - 10 years

f.

Mandee Fee exemption for Food Processing Units

5 years or 50% of the investment in plant & Machinery * whichever is less

g.

Special Package to Mega projects sanctioned by Cabinet Committee on Investment & Promotion.

* Plant & Machinery Includes Investment in Building & Sheds.