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Maharashtra Industrial Subsidies & Professional Opportunities By CA G. B. Modi

Former Chief Minister Devendra Fadnavis discussed 'Make in Maharashtra' initiatives aimed at enhancing industrial growth by forming a committee to expedite delayed projects related to environmental clearances. The document details various government policies and incentive schemes, including the Maharashtra Package Scheme of Incentives 2019, which outlines classifications of districts based on industrial development and provides financial incentives for MSMEs and large projects. It highlights eligibility criteria, investment thresholds, and specific areas designated for industrial development across the state.

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Ex CM DEVENDRA FADNAVIS TALKS OF ‘MAKE IN MAHARASHTRA’ FOR INDUSTRIAL GROWTH EX. CM DEVENDRA FADNAVIS PROMISED TO SET UP A COMMITTEE TO FAST TRACK THE PROJECTS WHICH ARE INORDINATELY DELAYED DUE TO NON- CLEARANCE FROM MINISTRY OF ENVIRONMENT.
MAHARASHTRA GOVT. POLICIES No. NAME OF POLICY No. NAME OF POLICY 1 MAHARASHTRA PACKAGE SCHEME OF INVENTIVES-2019MAHARASHTRA 2 MAHARASHTRA STATE WOMEN ENTREPRENEURS POLICY 3 MAHARASHTRA C HIEF MINISTER AGRO AND FOOD POCCESSING POLICY- 2018 4 MAHARASHTRA TEXTILE POLICY 2018-2023 5 MAHARASHTRA IT/ITES POLICY-2019 6 MAHARASHTRA ELECTORINS POLICY- 2016 7 MAHARASHTRA LOGISTICS PARK POLICY-2018 8 MAHARSHTRA STATE ELECTRIC VEHICLE POLICY-2018 9 MAHARASHTRA GEMS & JEWWLLARY PARK POLICY 10 MAHARSHTRA TOURISM POLICY-2016 11 MAHARASHTRA CLOUD COMPUTING POLICY 2018 12 MAHARASHTRA FIN TECH POLICY-2018 13 MAHARASHTRA AEROSPACE DEFENCE MANUFACTURING POLICY- 2018 14 MAHARASHTRA TELECOM INFRASTRUCTURE POLICY-2018 www.industrialsubsidy.com By CA. G B Modi
PERIOD OF OPERATION THE PSI-2019 SCHEME, AS MAY BE AMENDED BY THE GOVERNMENT FROM TIME TO TIME, SHALL REMAIN IN OPERATION FROM 1st April, 2019 To 31st March, 2024
PACKAGE SCHEME OF INCENTIVES 2019 GOVERNMENT OF MAHARASHTRA
For the purposes of the PSI- 2019, detailed Taluka wise classification of different areas of the State as Group, A /B/ C/ D/ D + etc., on the basis of their level of industrial development is as follows – www.industrialsubsidy.com By CA. G B Modi Denotes Areas where some industrial development has taken place, but are less developed than the areas under Group A. Group B Denotes Industrially developed areas. Group A Denotes Areas, which are less developed than those covered under Group B. Group C Denotes the lesser-developed areas of the State, not covered under Group A Group B/Group C. Group D Group B = (-A) Group C = - (A+B) Group D = - (A+B+C)
Denotes District having no industries and not covered under Group A / B/ C / D & D+. www.industrialsubsidy.com By CA. G B Modi No Industry District Naxalism Affected Area Denotes Area affected by naxalism, as described in GR No NAVIKA-2008/C.R.209/Ka. 1416 Dated 31.5.2009. Denotes the least developed areas, not covered under Group A/Group B/Group C/Group D. Group D+ Group D+ = - (A+B+C+D)
www.industrialsubsidy.com 94222-85096 By CA. G B Modi
www.industrialsubsidy.com By CA. G B Modi  A New Unit shall mean a Unit which is set up for the first time by an entity in the  Private Sector  Co-operative Sector  State  Joint Sector  In any Taluka where there is no Existing Unit set up by the said entity, PROVIDED THAT SUCH UNIT SATISFIES THE FOLLOWING CONDITIONS:  It is not an Existing Unit.  At least one of the Effective Steps is completed on or AFTER the 1st April, 2019 for setting up the Unit.  It is not formed as a result of re-establishment, mere change of ownership, change in the constitution, reconstruction or revival of an Existing Unit. NEW UNIT
www.industrialsubsidy.com By CA. G B Modi An investment shall be regarded as Expansion Project or a Diversification Project, as the case may be, if an Existing / New Unit in any of the areas covered under. 1) Group “B”, 2) Group “C”, 3) Group “D”, 4) Group D+, 5) Naxalism Affected Areas 6) Aspirational District or No-Industry- Districts,  Makes, on or after the date 1st April, 2019, An additional fixed capital investment in additional production / manufacturing facilities  For manufacture of the same product / products as of the Existing /New Unit or  For manufacture of different products,  As the case maybe provided it satisfies the Three conditions, namely. EXPANSION/ DIVERSIFICATION PROJECT
www.industrialsubsidy.com By CA. G B Modi EXPANSION / DIVERSIFICATION PROJECT (CONDITIONS) EXPANSION / DIVERSIFICATION PROJECT EXPANSION 31-03-2020 10 CR GROSS ASSETS 25 % INCREASED PRODUCTION CAPACITY 25 % INCREASED INVESTMENT 10 % INCREASED MANPOWER
www.industrialsubsidy.com By CA. G B Modi  The said additional Fixed Capital Investment for expansion / diversification of the Existing/ New Unit should exceed 25 % of the Gross Block of the Existing / New Unit immediately prior to setting up of the additional production /manufacturing facilities, as on the last day of the previous financial year, subject to a minimum additional fixed capital investment of Rs. 10 crores in case of LSI and Special LSI, Rs. 5 crores in case of non-MSMEs and upto Special LSI and Rs. 25 Lacks, in case of MSMEs.  In the case of Expansion or Expansion-cum-Diversification but not mere Diversification "per se", the said additional Fixed Capital Investment should result in increase of existing installed production capacity by at least 25 % ; and  Such Expansion / Diversification should increase the employment in the non-supervisory category at least to the extent of 10 percent of the pre expansion/diversification level of such employment and 80 % of such additional employment should be from amongst local persons. Note: The above criteria should be fulfilled for single location of the Unit which is undergoing expansion / diversification. Sum total of investment made in Units of the same entity at various locations shall not be considered for qualifying criteria for expansion / diversification. EXPANSION / DIVERSIFICATION PROJECT (CONDITIONS)
www.industrialsubsidy.com By CA. G B Modi For the purpose of incentives of :- 1) Industrial Promotion Subsidy, 2) Interest Subsidy, 3) Electricity Duty Exemption, 4) Power Tariff Subsidy etc.,  Applicable to an Eligible Unit subject to the fulfilment of the conditions of the PSI-2019,  The period of eligibility shall be computed from the Effective date of Eligibility and depend on the nature and location of the Eligible Unit. In respect of Mega Projects/ Ultra Mega Projects, the eligibility period shall be as, approved by the “Cabinet Sub Committee” or the “High Power Committee”, subject to fulfilment of the conditions of the PSI- 2019. ELIGIBILITY PERIOD
EFFECTIVE STEPS STEPS COMPLTE AFTER 01-04-2019 AND BEFORE 31.03.2024 LAND MPCB CERTIFICATE CONSTITUTION ANY ONE
The following categories of Eligible Industrial Units in the Private Sector, Co-operative Sector, Central Public Sector, State Public Sector/ Joint Sector shall be eligible to be considered for incentives under the PSI- 2019 :-  Industries listed in the First Schedule of the Industries (Development and Regulation) Act, 1951, as amended from time to time.  Manufacturing Enterprises as defined in the Micro, Small and Medium Enterprises Development Act, 2006. (MSMED Act, 2006).  Information Technology Manufacturing Units registered with the Directorate of Industries or the Maharashtra Industrial Development Corporation (MIDC) or the Development Commissioner, Santacruz Electronic Export Processing Zone (SEEPZ) or Software Technology Parks of India (STPI) in the State. www.industrialsubsidy.com By CA. G B Modi COVERAGE UNDER THE PSI - 2019
Bio-technology Manufacturing Units as specified by the Government from time to time, which are outside the purview of any registering authority mentioned above.  Cold storages which are a part of INTEGRATED manufacturing process. Mechanized Food/Agro Processing Industries in the following sectors:  Dairy, Fruit and Vegetable Processing.  Grain Processing.  Fish Processing.  Consumer foods including Packed foods.  Non alcoholic beverages from fruits and vegetables. www.indusrialsubsidy.com By CA. G B Modi COVERAGE UNDER THE PSI - 2019 www.industrialsubsidy.com 94222-85096 By CA. G B Modi
www.industrialsubsidy.com By CA. G B Modi FINANCIAL INCENTIVES FOR MSMEs/LSIs UNDER PSI-2019
Taluka / Area Ceiling as % of Fixed Capital Investment No. of Year 1 2 3 A Nil Nil B 30 % 7 Year C 40 % 7 Year D 50 % 10 Year D+ 60 % 10 Year Vidarbha, Marathwada, Ratnagiri, Sindhudurg & Dhule 80 % 10 Year Aspirational Districts (Osmanabad, Gadchiroli, Washim and Nandurbar) 100 % 10 Year No Industry Districts, Naxalism Affected Areas* MSME / FCI = 50 CR Eligible subsidy according to location
CLASSIFICATION OF AREAS UNDER PSI – 2019 Sr. No. Division District Talukas 1 Konkan Division Grater Mumbai Greater Mumbai Thane Thane, Kalyan, Ulhasnagar, Ambarnath ,Bhivandi @ Palghar Vasai, Palghar Raigad Alibag @ , Uran, Panvel, Karjat@, Khalapur, Pen, Roha 2 Pune Division Pune Pune City, Maval, Haveli @ , Bhor @, Daund@, Shirur@, Khed @, Mulshi @ Purander @ , Velhe @ Group A @ : Within Mumbai Metropolitan Region (MMR), PMR
Group B Sr. No. Division District Talukas 1 Konkan Division Thane Murbad Palghar Dahanu 2 Nashik Division Nasik Nashik Taluka CLASSIFICATION OF AREAS UNDER PSI – 2019
Sr.No . Division District Talukas 1 Konkan Division Thane Bhivandi $ , Shahapur Raigad Karjat $, Mahad, Mangaon, Murud Ratnagiri Ratnagiri, Chiplun 2 Pune Division Pune Shirur $, Daund $, Bhor $ , Khed $, Indapur, Baramati, Purandar$ 3 Nashik Division Nashik Niphad , Sinnar Group C $ : Outside MMR / PMR CLASSIFICATION OF AREAS UNDER PSI – 2019
Sr. No. Division District Talukas 1 Konkan Division Raigad Shrivardhan Ratnagiri Khed Sindhudurg Vengurla 2 Pune Division Pune Ambegaon, Junnar Solapur Solapur (North) , Pandharpur, Malshiras Satara Satara, Khandala, Koregaon, Phaltan, Khatav, Karad, Mahabaleshwar Sangali Miraj Kolhapur Karveer, Panhala, Hatkangale, Shirol 3 Nasik Division Nasik Dindori, Yeola, Igatpuri Ahmednagar Nagar, Rahuri, Shrirampur, Newasa, Karjat, Shrigonda, Akola, Sangamner, Kopargaon, Rahata Jalgaon Jalgaon, Yawal, Chalisgaon, Amalner, Dharangaon Aurangabad Division Aurangabad Aurangabad Nagpur Division Nagpur Nagpur City Group D CLASSIFICATION OF AREAS UNDER PSI – 2019
Group D+ Sr. No Division District Talukas 1 KONKAN DIVISION Palghar Jawhar, Mokhada, Talasari Wada, Vikramgad Raigad Poladpur Mhasala Tala Ratnagiri Guhagar, Dapoli, Lanja, Mandangad, Rajapur, Sangameshwar Sindhudurg Kankavli, Kudal, Sawantwadi, Malvan, Deogad, Vaibhavwadi, Doda Marg 2 Pune Division Pune Velhe $ Solapur Barshi, Akkalkot, Solapur (South) Mohol, Mangalwedhe, Sangole, Karmala, Madha Satara Wai, Man, Patan, Jaoli Sangali Tasgaon, Khanapur, Atapadi, Jat, Kavathe Mahaankal, Walwa, Shirala, Kadegaon, Palus Kolhapur Kagal, Gadhinglaj, Chandgad, Ajra, Bhudargad, Radhanagari, Baavada, Shahuwadi 3 Nasik Division Nasik Peth, Surgana, Kalwan, Baglan, Chandwad, Nandgaon, Trimbakeshwar, Deola , Malegaon Ahmednagar Shevgaon, Pathardi, Jamkhed, Parner Dhule Sakri, Shirpur, Shindkheda Nandurbar Nandurbar, Nawapur, Shahada, Talode, Akrani, Akkalkuva Jalgaon Chopada, Raver, Edalabad, Bhusawal, Jamner, Pachora, Bhadgaon, Parola, Erandol, Bodgaon CLASSIFICATION OF AREAS UNDER PSI – 2019
Sr. No Division District Talukas 4 Aurangabad Division Aurangabad Khuldabad, Kannad, Soegaon, Siliod, Paithan, Gangapur, Vaijapur, Phulambri Jalna Jalna, Ambad, Jafferabad, Partur, Bhokargaon, Badnapur, Ghangsavangi, Mantha Beed Beed, Georai, Majalgaon, Ambejogai, Kaij, Patoda, Ashti, Pharur, Parli, Wadavani, Shirur Kasar Osmanabad Osmanabad, Kalamb, Omerga, Tuljapur, Paranda, Bhum, Washi, Lohara Parbhani Parbhani, Jintur, Selu, Gangakhed, Pathri, Palam, Purna, Manawat, Sonpeth Hingoli No Industry District Latur Latur, Ahmedpur, Udgir, Nilanga, Ausa, Chakur, Deoni, Shirur- Anantpal, Jalkot, Renapur Nanded Nanded, Bhokar, Hadgaon, Kinwat, Biloli, Degpur, Mudkhed, Kandhar, Loha Mudkhed Ardhapur Naigaon Dharmabad Himayatnagar Umari Mahur 5 Amravati Division Amravati Amravati Achalpur Bhatkuli Nandgaon Khandeshwar Chandur Bazar Morshi Warud Chandur Rly. Teosa Daryapur Anjangaon Surji Chikhaldara Dharni Dhamangaon Rly. Akola Akola, Barshitakli, Akot, Telhara, Balapur, Patur, Murtijapur Washim Washim, Malegaon, Risod, Mangrulrpir, Manora, Karanja CLASSIFICATION OF AREAS UNDER PSI – 2019 Group D+
Sr. No Division District Talukas 5 Buldhana Division Buldhana Buldhana Chikhali Shegaon DeulgaonRaja Malkapur Motala Nandura Jalgaon, Jamod, Sangrampur, Khamgaon, Mehkar Sindakhed-Raja Lonar Yavatmal Yavatmal, Babhulgaon, Kalamb, Kelapur, Ralegaon, Ghatanji, Wani, Maregaon, Pusad, Mahagaon, Umarkhed, Darwaha, Ner, Digras, Arni ,Zari-Jamd 6 Nagpur Division Nagpur Nagpur (R) Kamptee Hingana, Katol, Narkhed, Savner, Kalmeshwar, Ramtek, Parseoni, Mauda, Umred, Bhiwapur, Kuhi Bhandara Bhandara, Pauni, Tumsar, Mohadi, Sakoli, Lakhanpur, Lakhani Gondia Gondia, Goregaon, Tirora, Arjuni- Morgaon, Deori, Sadakarjuni, Amgaon, Salekasa Wardha Wardha, Deoli, Seloo, Arvi, Karanja, Ahsti, Hinganghat, Samudrapur Chandrapur Chandrapur Gondpipri Mul Warora Chimur Bhadravati Brahmapuri Sindewahi Nagbhid Rajura Korpana Sawali Pobhurna Ballarpur Jiwati Group D+ CLASSIFICATION OF AREAS UNDER PSI – 2019
No Taluka 1 Ratnagiri 2 Sindhudurg 3 Dhule CLASSIFICATION OF AREAS UNDER PSI – 2019 www.industrialsubsidy.com 94222-85096 By CA. G B Modi
NO INDUSTRY DISTRICT Sr. No. Division District Talukas 1 Aurangabad Division Hingoli All Talukas of Hingoli 2 Nagpur Division Gadchiroli All Talukas of Gadchiroli CLASSIFICATION OF AREAS UNDER PSI – 2019 www.industrialsubsidy.com 94222-85096 By CA. G B Modi
Sr. No. Division District Talukas 1 Nagpur Division Gadchiroli Chamorshi ,Gadchiroli Aheri ,Armori Kurkheda, Desaiganj (Vadasa),Dhanora , Etapalli, Sironcha ,Mulchera, Korchi, Bhamragad Gondia Gondia,Tiroda,Goregaon,Deor,Amgaon. Salekasa,Arjuni Morgaon,Sadak Arjuni Chandrapur Chandrapur, Gondpipri, Rajura, Korpana, Jiwati, Ballarsha, Pobhurna, Mul, Sawali Bhandara Sakoli, Lakhandur, Lakhani Yavatmal Pandharkawda, Wani, Zari-Jamdi, Ghatanji, Arni 2 Aurangabad Division Nanded Kinwat GROUP NAXALISM AFFECTED AREA CLASSIFICATION OF AREAS UNDER PSI – 2019
SR. NO. DIVISION DISTRICT TALUKAS 1 Aurangabad Division Osmanabad All Talukas of Osmanabad 2 Nagpur Division Gadchiroli All Talukas of Gadchiroli 3 Aurangabad Division Washim All Talukas of Washim 4 Nashik Division Nandurbar All Talukas of Nandurbar • ASPIRATIONAL DISTRICTS :- CLASSIFICATION OF AREAS UNDER PSI – 2019
Taluka / Area Ceiling as % of Fixed Capital Investment Cost of Project Rs 10 Crore Eligible Amount of Subsidy No. of Year Per Year Subsidy 1 2 3 4 5 6 A Nil 10 Cr Nil Nil Nil B 30 % 10 Cr 3 Cr 7 Year 42.85 Lac C 40 % 10 Cr 4 Cr 7 Year 57.14 Lac D 50 % 10 Cr 5 Cr 10 Year 50 Lac D+ 60 % 10 Cr 6 Cr 10 Year 60 Lac Vidarbha, Marathwada, Ratnagiri, Sindhudurg & Dhule 80 % 10 Cr 8 Cr 10 Year 80 Lac Aspirational Districts (Osmanabad, Gadchiroli, Washim and Nandurbar) 100 % 10 Cr 10 Cr 10 Year 1 Cr No Industry Districts, Naxalism Affected Areas* Example – 1 MSME / FCI = 50 CR Eligible subsidy according to location
• WOMEN POLICY-2017 BENEFIT Eligible subsidy according to location Taluka / Area Ceiling as % of Fixed Capital Investment Cost of Project Rs 10 Crore Maximum Subsidy Eligible Amount of Subsidy No. of Year Per Year Subsidy 1 2 3 4 5 6 7 A 15 % 10 Cr 20 Lac 20 Lac From the Date of Production Equal Instalment In 5 Years 4 Lac B 15 % 10 Cr 20 Lac 20 Lac 4 Lac C 15 % 10 Cr 20 Lac 20 Lac 4 Lac D 20 % 10 Cr 25 Lac 25 Lac 5 Lac D+ 25 % 10 Cr 50 Lac 50 Lac 10 Lac No Industry Districts, Naxalism Affected Areas* 35 % 10 Cr 100 Lac 100 Lac 20 Lac
• PACKAGE SCHEME OF INCENTIVE-2019 • WOMEN POLICY-2017 TALUKA / AREA COST OF PROJECT RS 10 CRORE PACKAGE SCHEME OF INCENTIVE-2019 WOMEN POLICY 2017 TOTAL SUSBSIDY Maximum Amt (Lac) Maximum Amt (Lac) Maximum Amt (Lac) A 10 Cr - 20 Lac 20 Lac B 10 Cr 4 Cr 20 Lac 4.20 Cr C 10 Cr 5 Cr 20 Lac 5.20 Cr D 10 Cr 6 Cr 25 Lac 6.25 Cr D+ 10 Cr 8 Cr 50 Lac 8.50 Cr No Industry Districts, Naxalism Affected Areas* 10 Cr 10 Cr 100 Lac 11 Cr
Taluka / Area Classification Minimum Admissible Fixed Capital Investment (INR Crore) Minimum Direct Employment (Number of People) Ceiling as % of Fixed Capital Investment 1 2 3 4 A & B 750 1000 0 C 500 750 40% D 250 500 40% D + 150 400 40% Vidarbha, Marathwada, Ratnagiri, Sindhudurg & Dhule 100 300 40% Aspirational Districts (Osmanabad, Gadchiroli, Washim and Nandurbar) 100 250 40% No Industry Districts, Naxalism Affected Areas* Example – 2 Eligible Criteria to LSI
Taluka / Area Classification Minimum Admissible Fixed Capital Investment (INR Crore) Minimum Direct Employment (number of people) Ceiling as % of Fixed Capital Investment 1 2 3 4 A & B 1500 2000 High Power Committee (HPC), under Chief Secretary, constituted vide GR.IDL1005/(CR119)/IND-8 dated 2.6.2005 will approve the customized Package of Incentives to Mega and Ultra Mega projects on case-to-case basis. Cabinet Sub Committee under Chairmanship of the Chief Minister constituted for Industry vide GR IDL- 1097/(13478)/IND-8 dated 18.1.1998 and reconstituted vide GR.IDL- 1004/(CR318)/IND- 8 dated 24.12.2004 will approve customized incentives on case-to case basis. C 1000 1500 D 750 1000 D + 500 500 Vidarbha, Marathwada, Ratnagiri, Sindhudurg & Dhule 350 500 Aspirational Districts (Osmanabad, Gadchiroli, Washim and Nandurbar) 200 350 No Industry Districts, Naxalism Affected Areas* Ultra-Mega Industrial Units (Entire State) 4000 4000 Eligible Criteria to Mega & Ultra Mega Units
• MSME shall include units as per the definition of Government of India- Micro, Small and Medium Enterprises Development (MSMED) Act, 2006, as well as the small industries with FCI (Fixed Capital Investment) of up to 50 Cr • New MSME Units will eligible for BASKET OF INCENTIVES which includes:- i. Industrial promotion subsidy ii. Interest Subsidy 5% iii. Power tariff Subsidy Rs 1/- Per Unit FINANCIAL INCENTIVES FOR MSMEs/LSIs UNDER PSI-2019  The total quantum of incentives will be linked to the Fixed Capital Investment.  The total quantum of incentives excluding the incentives of :-  Exemption of electricity duty and  Waiver of stamp duty
• GST (IPS) SUBSIDY GST 18 % SGST 9% CGST 9% GST REFUND FORM DIC SGST- 9 % GST 18 % IGST 18% GST REFUND FORM DIC NILL www.industrialsubsidy.com 94222-85096 By CA. G B Modi
 Eligible New Micro, Small and Medium Enterprises (MSME) will be eligible for Interest subsidy in respect of interest actually paid to the Bank and Public Financial Institutions.  The amount of Interest Subsidy will be calculated @ 5 %  The quantum of interest subsidy payable to the eligible unit every year will not exceed the bills paid for electricity consumed during the relevant year. 10 - 5 = 5% (INTEREST) INTEREST SUBSIDY www.industrialsubsidy.com 94222-85096 By CA. G B Modi
www.industrialsubsidy.com By CA. G B Modi POWER TARIFF SUBSIDY POWER TARIFF SUBSIDY Rs 1/- Per Unit 36 Month
www.industrialsubsidy.com By CA. G B Modi  Eligible New Micro, Small and Medium Enterprises (MSME) will be eligible for power tariff subsidy other than “A” area.  The subsidy will be to the tune of Rs 1/- per unit for the Units located in  Vidarbha,  Marathwada,  North Maharashtra and the Districts of  Raigad, Ratnagiri ,Sindhudurg in Kokan Region And Rs 0.50 per unit for the Units in other areas of the State for a period of 3 years from the date of commencement of commercial production, for the energy consumed and paid.  The Units in Group “A” areas will however not be eligible for this incentive. POWER TARIFF SUBSIDY
EXEMPTION FROM ELECTRICITY DUTY A. All Eligible New Units in Group C, D, and D+ areas and No-Industry District(s) and Naxalism affected Area will be exempted from payment of Electricity Duty during eligibility period not exceeding 15 years. B. In Group A and B areas:-  100% Export Oriented Units (EOUs),  Information Technology Manufacturing Units and  Bio-Technology Manufacturing units will also be exempted from payment of Electricity Duty for a period of 7 Years.  Necessary Notification under the provisions of the Electricity Duty Act 1958 will be issued separately by the Energy Department. www.industrialsubsidy.com 94222-85096 By CA. G B Modi
A. New Units as well as Units undertaking Expansion/ Diversification (including Mega and Ultra Mega Projects) will be exempted from payment of Stamp duty during the Investment period in Group “C, D, D+ Talukas, No Industry Districts and Naxalism affected areas. B. In Group A and B areas, stamp duty exemption would be available as given below:  BT Manufacturing and IT Manufacturing Units in Public Parks : 100%  BT Manufacturing and IT Manufacturing Units in Private Parks : 75%  Mega Projects - 50% for first conveyance deed only Explanation: Eligible New/Expansion Units of PSI-2019 will also be eligible for Stamp Duty Exemption during their investment period. Necessary Notification under the provisions of the Bombay Stamp Act 1958 will be issued separately by the Revenue & Forest Department. WAIVER OF STAMP DUTY www.industrialsubsidy.com 94222-85096 By CA. G B Modi
www.industrialsubsidy.com By CA. G B Modi What is Technology Upgradation : Technology up-gradation would ordinary mean induction of state of the art or near state of the art technology. It would also mean a significant step up from the present technology level to substantially higher one involving improved environmental of improved packaging techniques as well as anti-pollution measures and energy conversation machinery. Further, the units in need of introducing facilities for in- house testing and on-line quality control would qualify for assistance. 5% subsidy on capital equipment for Technology Up –gradation, subject to a maximum of Rs.25 lacs NEW MSMES AND EXPANSION THEREOF IN ALL CATEGORIES OF AREAS WILL BE ELIGIBLE FOR FOLLOWING INCENTIVES • INCENTIVES FOR TECHNOLOGY UP-GRADATION
• Technology Up gradation • Types of Units covered under the scheme: Units holding eligibility certificate under PSI-2013 and to which assistance is sanctioned under Credit Link capital subsidy scheme (CLCSS) of MSME or Technology Up-Gradation Fund Scheme for Textile and jute Industries (TUFS) or Technology Mission on cotton (TMC) Scheme of Ministry of Textile, Govt.of India during the period 01/04/2013 to 31/03/2019 shall be considered eligible for receipt of Technology up-gradation incentives.
www.industrialsubsidy.com By CA. G B Modi New MSMEs and Expansion thereof in all categories of areas will be eligible for following incentives Types of Unit Covered under the scheme :  Unit holding eligible certificate under PSI-2013 and who has filed valid application with the implementing agency after issue of eligibility certificate within 6 months from expiry of the period of eligibility certificate as defined under PSI-2013.  Failure to file valid application within the prescribed period shall render the application invalid. The above subsidies are paid one time.  25% on capital equipment for cleaner production measures ,limited to Rs.5 Lakhs SUBSIDY ON CLEANER PRODUCTION MEASURES
INCENTIVES FOR STRENGTHENING MSMEs AND LSIs  75 % subsidy on the expenses incurred on quality certification limited to Rs. 1 Lakh.  25% subsidy on capital equipment for cleaner production measures ,limited to Rs.5 Lakhs  75 % subsidy on the expenses incurred on patent registration limited to Rs. 10 Lakh for the National patents and Rs. 20 lakh for the International patents. New MSMEs and Expansion thereof in all categories of areas will be eligible for following incentives – www.industrialsubsidy.com 94222-85096 By CA. G B Modi
INCENTIVES FOR STRENGTHENING MSMEs AND LSIs Incentives for Credit Rating of MSMEs in all categories of areas –  75% of the cost of carrying out Credit Rating by Small Industries Development Bank of India/ Government accredited Credit Rating Agency, limited to Rs. 40,000.  New MSMEs, LSI and Expansion thereof will be eligible for the following incentives in all categories of areas –  75% of cost of water audit limited to Rs. 1.00 lakh.  75% of cost of energy audit limited to Rs. 2.00 lakh.  50% of the cost of Capital Equipment under the measures to conserve/recycle water, limited to Rs. 5 lakh.  50% of the cost of Capital Equipment for improving energy Efficiency, limited to Rs. 5 lakh. www.industrialsubsidy.com 94222-85096 By CA. G B Modi
www.industrialsubsidy.com 94222-85096 By CA. G B Modi
www.industrialsubsidy.com By CA. G B Modi YEARLY CAP FOR THE INCENTIVES  The amount of incentives to be disbursed to the MSMEs and LSI Units every year will be limited to the total quantum of incentives divided by the number of years as per the applicable Eligibility period with the provision of carrying forward the differential between the actual sanctioned amount for a given year and the yearly disbursement limit.  For Mega Projects/ Ultra Mega Projects, if the E.C. Period is more than 10 years, the yearly limit on disbursement amount shall be equal to 1/10 of the total quantum of incentives OR  Industrial Promotion Subsidy sanctioned for that year whichever is less.  The Carry forward principle will be applicable. The balance quantum of incentives will be allowed to be availed of after 10 years with yearly cap as above. Proportionate quantum of incentives will be calculated for a part of the year.
www.industrialsubsidy.com By CA. G B Modi
www.industrialsubsidy.com By CA. G B Modi  An application for eligibility under the PSI 2019 Scheme shall be submitted to the Implementing Agency by an Eligible Unit only after it has taken all the Effective Steps but not later than the 31st March, 2024. It shall be supported by documentary evidence with regard to completion of the Effective Steps.  For claiming eligibility under the PSI-2019, any New/Expansion/ Diversification, Eligible Unit shall commence the commercial production and also acquire the fixed assets at site, having paid for the same, and paid for it within the investment period.  The Investment Period for Micro, Small and Medium manufacturing Enterprises will be THREE YEARS, From the date of application  And for the LSI units, FOUR YEARS From the date of application  For Mega Projects /Ultra Mega Projects, the Investment period will be FIVE YEARS From the date of application  or such greater period as may be approved by the “High Power Committee” or the “Cabinet Sub Committee” on case to case basis. APPLICATION FOR ELIGIBILITY
 The Investment Period will be counted from the date of submission of application to the Implementing Agency or the date suggested by the Eligible Unit.  However, this date should be within this Scheme Period and the assets acquired prior to and beyond the investment period will not be considered eligible for incentives,  However, the Land cost prior to submission of valid application shall be considered for Fix Capital Investment.  Delay in commencement of commercial production will entail proportionate curtailment of incentives and the Eligibility Certificate period. APPLICATION FOR ELIGIBILITY www.industrialsubsidy.com 94222-85096 By CA. G B Modi
 If a Unit has completed all Effective steps but not started the production before the 1st April, 2019 and has not filed an application with the Implementing Agency under PSI 2013, such unit can submit the application under PSI - 2019.  However, the incentives applicable to such Eligible Unit shall be as per PSI- 2013 or PSI - 2019 , whichever is lower.  For such unit , the investment made within the investment period from the date of application only will be considered for Incentives. -- SCHEME END-- APPLICATION FOR ELIGIBILITY www.industrialsubsidy.com 94222-85096 By CA. G B Modi
www.industrialsubsidy.com 94222-85096 By CA. G B Modi
PERIOD OF OPERATION The Textile Policy will come into effect from the date of issuance of the Government Resolution 17th February, 2018 to 31st March, 2023 www.industrialsubsidy.com 94222-85096 By CA. G B Modi
Objectives of The Textile Policy 2018-23 Encourage setting up of Fiber to Fashion value chain. Generate 10 lakh new employments in the textile sector. Special focus on development of the textile industry in cotton growing areas. Special focus on processing, knitting, hosiery and garmenting sectors to create an internationally competitive textile industry in the State. Set up pollution free / ecofriendly dyeing and processing industry.  Increase Mulberry and Tussar cultivation, increase Silk yarn production and create a silk tourism corridor.
Encourage traditional silk weaving businesses such as the Paithani Saree. Also create, promote and market “Adhyatmik Reshim” brand. Special focus on non-conventional yarn (bamboo, banana, ambadi, ghaypat, maize, coir, etc.) and its usage with a view to doubling farmers’ income. Focus on reviving the entire wool industry from shearing to garmenting to marketing.  Special focus on the emerging sector of technical textiles.  Provide the textile industries with the latest technical expertise created by institutes such as IITs, SASMIRA and WRA which are actively engaged in research & development in the textile industry. Objectives of The Textile Policy 2018-23 www.industrialsubsidy.com 94222-85096 By CA. G B Modi
Definition www.industrialsubsidy.com 94222-85096 By CA. G B Modi
 Existing Project: Any project existing prior to the announcement of this policy and any project coming under expansion / diversification / modernization during the period of this policy.  New Project: Any project established and starting production during the period of this policy.  Expansion Project: Any existing project increasing its gross fixed capital investment by 25% and increasing its total production capacity by 25% as compared to the previous year will be considered as expansion or diversification. Such expansion and / or diversification will include forward and backward integration. Definition www.industrialsubsidy.com 94222-85096 By CA. G B Modi
 Gross Capital Investment: Investment in machinery before expansion / diversification / modernization and / or investment made from financial assistance approved by financial institutions / banks.  Modernization Project: Conversion of old simple power loom to shuttle-less rapier loom and to any loom based on advanced technology.  Diversification Project: Any project undertaken by an existing unit to produce additional product(s) of the textile value chain. Definition
 Project Cost: Aggregate cost of land, building and machinery.  Eligible Machinery:- Machinery eligible under centrally sponsored TUFS scheme (including any subsequent modifications by the Central Government to these schemes) or machinery approved by the State Government.  Eligible Amount: - Long term loans for capital subsidy under the centrally sponsored TUFS scheme (including any subsequent modifications by the Central Government to these schemes) or long term loans (excluding taxes) approved by financial institutions or banks for machinery approved by the State Government. www.industrialsubsidy.com 94222-85096 By CA. G B Modi
 Eligible amount for self-financed projects: As per the criteria of centrally sponsored TUFS scheme (including any subsequent modifications by the Central Government to these schemes) or cost of machinery (excluding tax) approved by the State Government.  Eligibility for Capital Subsidy: The eligibility for capital subsidy will be decided based on the installed capacity of the project and actual annual production. .  Composite Unit: - A project comprising minimum two activities of the value chain, i.e. spinning, weaving, knitting, processing and garmenting. www.industrialsubsidy.com 94222-85096 By CA. G B Modi
Textile Components included in Textile policy 2018-23:  Cotton Ginning and Pressing  Spinning / Silk reeling and twisting / integrated silk park / synthetic filament / yarn texturing, crimping and twisting  Weaving and powerloom  Technical textile, non-woven and converters of non-woven  Knitting / hosiery / garment / apparel & made-up  Processing of fiber / yarn / fabric / garments / made-ups  Processing of non-conventional fiber / yarn / fabrics / garments / made-ups (bamboo, banana, ghaypat, maize, coir, hemp, etc)  Expansion of existing textiles units  Textile Parks / processing parks www.industrialsubsidy.com 94222-85096 By CA. G B Modi
Technical Textiles: Such textile production which is aimed not only at fabric production but also at creating products which could be used in the industrial, defence, research and other advanced sectors due to its specialized technical properties. These products are classified into following categories based on their quality and end use: (1) Agro tech, (2) Build tech, (3) Cloth tech, (4) Geo tech (5) Home tech, (6) Ind tech , (7) Medi tech, (8) Mobile tech, (9) Echo tech, (10) Pack tech, (11) Pro tech (Protectivetextile) (12) Sport tech, (13) Defence tech, (14) Products announced by Textiles
Textile Components included in Textile policy 2018-23:  Energy saving and process control equipment for various textile sectors  Skill development activities  Wool sector (i.e. scouring, combing, spinning (worsted, shoddy and woolen) and weaving and carpet sector.  Standalone spinning  Spinning with matching downstream capacity  Manufacturing viscose filament yarn / viscose staple fiber  Independent weaving preparatory  Embroidery on standalone basis  Composite up gradation (i.e. units going for up gradation in spinning, weaving / knitting and processing)  Multi-activities (units with two or more activities simultaneously except composite up gradation mentioned above)  Composite unit  Other units of textile industry not mentioned herein
The following projects will be eligible under this scheme: o Projects for which the long term loan has been approved for Machinery under the Centrally sponsored TUFS scheme from the date of issuance of this Government Resolution or thereafter till 31 March 2023. o Ginning and Spinning projects for which the long term loan has been approved till 31 March 2023 by banks / financial institutions and where the projects have submitted Form-A on the State Government website. www.industrialsubsidy.com 94222-85096 By CA. G B Modi
 New / Expansion / Diversification / Modernization self-financed textile projects will be granted capital subsidy as per capital subsidy in lieu of Interest Subsidy Scheme.  Self-financed projects in the Vidarbha, Marathwada and North Maharashtra regions will be granted additional capital subsidy.  Textile projects of scheduled castes / scheduled tribes / minority communities will be granted capital subsidy as per the above mentioned capital subsidy in lieu of Interest Subsidy Scheme.  Terms and conditions of Government Resolutions dated 2 December 2015 and 18 December 2015 will be applicable to the capital subsidy in lieu of Interest Subsidy Scheme for self-financed projects with necessary modifications Capital subsidy for self-financed Projects: www.industrialsubsidy.com 94222-85096 By CA. G B Modi
 The scheme of providing Rs. 9 crore or 9% of project cost, whichever is lower, to the projects by the State Government and those which are approved under Central Government SITP scheme (Government Resolution dated 25 May 2012) will be continued.  Integrated Textile Hubs / Parks by the MIDC will be set up at Amravati, Aurangabad, Beed, Buldhana, Jalna, Jalgaon, Nanded, Parbhani, Yavatmal and Wardha. Essential infrastructure such as roads, water, electricity, etc. and facilities of testing labs and CETP will be provided at these Integrated Textile Hubs / Parks.  At least 100 Ha land at each of these Mega Integrated Textile Hubs will be developed.  Similar Textile Hubs / Parks will be set up as per requirement in the Vidarbha, Marathwada and North Maharashtra regions through MIDC.  Textile Parks / Hubs will be established by MIDC at Ichalkaranji (Hatkanangle) and Solapur. Textile Parks www.industrialsubsidy.com 94222-85096 By CA. G B Modi
Special incentives will be given to textile projects implementing environment friendly solar and wind energy projects. If Spinning mills, power looms and textile projects are ready to set up green energy projects then , the State Government in collaboration with MEDA, will formulate a scheme for providing appropriate subsidy to reduce the overall power subsidy Incentives to Promote use of Green Energy: www.industrialsubsidy.com 94222-85096 By CA. G B Modi
•Electricity Concessions www.industrialsubsidy.com 94222-85096 By CA. G B Modi
Cross subsidy on open access will not be levied for textile units. The State Government’s Energy Department will not levy charges other than “transmission charges” on projects using non-conventional sources (solar, wind, etc.) of energy.  A subsidy of Rs. 3 per unit will be given to co-operative spinning mills for a period of 3 years. Within this period of 3 years the units will set up non-conventional power projects to fulfil their power needs. The restriction of 1 MW is removed from the net metering scheme.  The subsidy of Rs. 3 per unit will not be applicable to open access. The subsidy will be reviewed every year and will be reduced to keep the overall annual subsidy burden within Rs. 150 crore. A subsidy of Rs. 2 per unit will be given to powerlooms using power above 200 HP. Electricity Concessions
 Subsidy given to powerloom units using less than 27 HP, 27 to 200 HP and more than 200 HP, will similarly be applicable to garment, knitting and hosiery units.  A subsidy of Rs 2 per unit will be given to spinning mills (except co-operative spinning mills), processing units and all other textile units which are using more than 107 HP power.  It is observed that the electricity rates for units using up to 27 HP are more than the rates applicable for units using 27 to 107 HP. Necessary action will be taken to eliminate this disparity.  When any unit is simultaneously using conventional and non-conventional power, the use of both the power sources will be taken into consideration to decide the load factor.  A committee comprising the Director General, Maharashtra Energy Development Agency (MEDA) and the Director Textile will be set up to finalize the subsidy required for setting up of co-operative spinning mills on solar power within three years. Electricity Concessions
Quantum of Assistance www.industrialsubsidy.com 94222-85096 By CA. G B Modi
SR. NO SECTOR ELIGIBLE SUBSIDY 1 Processing (yarn, fabric, printing), Subsidy to units in General Category 40% 2 Technical textile , Knitting, SC/ST,‘ Minority Category 45% 3 Hosiery and Garmenting * Additional subsidy for production of Yarn, fabric and other products from non - conventional yarn 10% 55% Additional Capital subsidy for textile projects in the Vidarbha, Marathwada and North Maharashtra region 20% 75% Additional subsidy for units having Forward/Backward Integration 5% 80%  5% additional capital subsidy for projects with investment of Rs. 500 crore and above.  If it is the first project / pioneering project in that taluka then additional 5%, totaling to 10% capital subsidy will be applicable. ELIGIBLE SUBSIDY UNDER MAHARASHTRA TEXTILE POLICY 2018-23 ON ELIGIBLE COST OF MACHINERY
Sr. No Sector Eligible Subsidy 4 Composite Unit ** Subsidy to units in General Category 35% SC/ST,‘ Minority Category 40% Additional subsidy for production of Yarn, fabric and other products from non - conventional yarn 10% Additional Capital subsidy for textile projects in the Vidarbha, Marathwada and North Maharashtra region 10% 5% Additional subsidy for new composite unit set up in a taluka not having any Cooperative or Private spinning mill 5% ELIGIBLE SUBSIDY UNDER MAHARASHTRA TEXTILE POLICY 2018-23 ON ELIGIBLE COST OF MACHINERY  5% additional capital subsidy for projects with investment of Rs. 500 crore and above.  If it is the first project / pioneering project in that taluka then additional 5%, totaling to 10% capital subsidy will be applicable.
Sr. No Sector Eligible Subsidy 5 Spinning, Ginning, Pressing Subsidy to units in General Category 25% SC/ST,‘ Minority Category 30% Additional subsidy for production of Yarn, fabric and other products from non - conventional yam 10% Additional Capital subsidy for textile projects in the Vidarbha, Marathwada and North Maharashtra region 10% Additional subsidy for new composite unit set up in a taluka not having any Cooperative or Private spinning mill 5% Additional subsidy for units having Forward/Backward Integration 5%  5% additional capital subsidy for projects with investment of Rs. 500 crore and above.  If it is the first project / pioneering project in that taluka then additional 5%, totaling to 10% capital subsidy will be applicable. ELIGIBLE SUBSIDY UNDER MAHARASHTRA TEXTILE POLICY 2018-23 ON ELIGIBLE COST OF MACHINERY
Sr. No Sector Eligible Subsidy 5 Conversion of Old Plain power looms to Shuttle less Rapier looms or looms based on latest technology (Modernization of power looms) Subsidy to units in General Category 25% SC/ST,‘ Minority Category 30% Additional Capital subsidy for textile projects in the Vidarbha, Marathwada and North Maharashtra region 10% 5% additional capital subsidy for projects with investment of Rs. 500 crore and above. If it is the first project / pioneering project in that taluka then additional 5%, totaling to 10% capital subsidy will be applicable. ELIGIBLE SUBSIDY UNDER MAHARASHTRA TEXTILE POLICY 2018-23 ON ELIGIBLE COST OF MACHINERY
Sr. No Sector Eligible Subsidy 6 New Power looms based on latest technology (Other than plain Power loom), Weaving, Preparatory, Warping, Sizing, Conning, Twisting, Doubling, TFO and other textile units Subsidy to units in the General category 25% Subsidy to units in the SC/ST/Minority category 30% Additional Capital subsidy for textile projects in the Vidarbha, Marathwada and North Maharashtra regions: 10% Additional subsidy for units having Forward/Backward Integration 5%  5% additional capital subsidy for projects with investment of Rs. 500 crore and above.  If it is the first project / pioneering project in that taluka then additional 5%, totaling to 10% capital subsidy will be applicable. ELIGIBLE SUBSIDY UNDER MAHARASHTRA TEXTILE POLICY 2018-2023 ON ELIGIBLE COST OF MACHINERY
i. First Instalment: 30% of eligible amount after 12 months from start of production ii. Second Instalment: 30% of eligible amount after 24 months from start of production iii. Third Instalment: 40% of eligible amount after 36 months from start of production CAPITAL SUBSIDY WILL BE DISBURSED AS FOLLOWS: www.industrialsubsidy.com 94222-85096 By CA. G B Modi
महिला उद्योजकाांसाठी हिशेष धोरण -२०१७ www.industrialsubsidy.com 94222-85096 By CA. G B Modi
प्रस्तूत महिला उद्योजकाांसाठी हिशेष धोरणाचे उहिष्ट महिला पररचाहलत उद्योगाांचे प्रमाण ९% िरून २०% पर्यंत सुधारण्र्याचे आिे. महिला उद्योजकाांच्र्या िाढीसाठी राज्र्यात आश्वासक व्र्यािसाहर्यक िातािरण हनमााण करणे ि ताांहिक, पररचालनात्मक तसेच आहथाक सिाय्र्य पुरिून राज्र्यातील महिलाांना अहधक रोजगाराच्र्या सांधी हनमााण करण्र्याच्र्या दृष्टीकोनातून राज्र्यातील महिला उद्योजकाांसाठी हिशेष धोरण-२०१७ ला शासन मान्र्यता िेण्र्यात र्येत आिे. महिला उद्योजकाांसाठी राबहिण्र्यात र्येणाऱ्र्या हिशेष धोरणाची ि हिशेष प्रोत्सािन र्योजनेची ठळक िैहशष्टर्ये खालीलप्रमाणे राितील:- १. एकल मालकी घटक :- महिला उद्योजकाांचे १०० टक्क े भाग भाांडिल २. भागीिारी घटक :- भागीिारी घटक ज्र्यामध्र्ये १०० टक्क े भाग भाांडिल ३. सिकारी क्षेि :- सिकार कार्यद्याांतगात ज्र्या सिकारी सांस्थेमध्र्ये १०० टक्क े महिला उद्योजकाांचा समािेश असलेली सांस्था ४. खाजगी हक ां िा सािाजहनक मर्यााहित घटक :- ज्र्या घटकाांमध्र्ये महिला उद्योजकाांचे हकमान १०० टक्क े भाग भाांडिल असेल अशी क ां पनी ५. स्िर्यां सिाय्र्यता बचत गट :- जे बचत गट नोंिणीक ृ त असून, सिर व्र्याख्र्येतील क्रमाांक ३ आहण ४ नुसार स्थाहपत झालेले आिेत www.industrialsubsidy.com 94222-85096 By CA. G B Modi
क) भाांडिली अनुिान:- निीन ि हिस्ताररत पाि सूक्ष्म, लघु ि मध्र्यम उपक्रमाांना तालुका िगीकरणानुसार अनुज्ञेर्य हस्थर भाांडिली गुांतिणूकीच्र्या १५% ि ३५% िराने रु. २० ते १०० लाख मर्याािेपर्यंत भाांडिली अनुिान िेण्र्यात र्येईल. प्रस्तुत भाांडिली अनुिान घटकाचे उत्पािन सुरु झाल्र्यापासून ५ समान िाहषाक िफ्त्र्याांमध्र्ये हितरीत करण्र्यात र्येईल. क्रमाांक साप्रोयो २०१३ नुसार तालुक्याचे िगीकरण भाांडिली अनुदान- (हथिर भाांडिली गुांतिणूकीचे %) हिशेष भाांडिली अनुदानाची कमाल मयाादा (रुपये लाखात) १. अ ि ब १५% २० २. क १५% २० ३. ड २०% २५ ४. ड+ २५% ५० ५. नक्षल नसलेले हजल्िे ि नक्षल प्रभाहित हिभाग ३५% १०० क ें द्रशासन, राज्र्यशासन तसेच त्र्याांचे उपक्रम र्याांचेमार् ा त इतर र्योजनेंतगात भाांडिली अनुिान हमळत असलेल्र्या घटकाांना सांबांधीत र्योजनेचा लाभ अनुज्ञेर्य िोईल परांतु एकहित भाांडिली अनुिानाची रक्कम जास्तीत जास्त ५०% च्र्या िर अनुज्ञेर्य रािणार नािी. www.industrialsubsidy.com 94222-85096 By CA. G B Modi
ANY Question? www.industrialsubsidy.com 94222-85096 By CA. G B Modi
CA G.B.MODI B.Com , FCA Mob No - 94222-85096 EMAIL- ID – gbmodi@hotmail.com

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Maharashtra Industrial Subsidies & Professional Opportunities By CA G. B. Modi

  • 4.
    Ex CM DEVENDRAFADNAVIS TALKS OF ‘MAKE IN MAHARASHTRA’ FOR INDUSTRIAL GROWTH EX. CM DEVENDRA FADNAVIS PROMISED TO SET UP A COMMITTEE TO FAST TRACK THE PROJECTS WHICH ARE INORDINATELY DELAYED DUE TO NON- CLEARANCE FROM MINISTRY OF ENVIRONMENT.
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    MAHARASHTRA GOVT. POLICIES No.NAME OF POLICY No. NAME OF POLICY 1 MAHARASHTRA PACKAGE SCHEME OF INVENTIVES-2019MAHARASHTRA 2 MAHARASHTRA STATE WOMEN ENTREPRENEURS POLICY 3 MAHARASHTRA C HIEF MINISTER AGRO AND FOOD POCCESSING POLICY- 2018 4 MAHARASHTRA TEXTILE POLICY 2018-2023 5 MAHARASHTRA IT/ITES POLICY-2019 6 MAHARASHTRA ELECTORINS POLICY- 2016 7 MAHARASHTRA LOGISTICS PARK POLICY-2018 8 MAHARSHTRA STATE ELECTRIC VEHICLE POLICY-2018 9 MAHARASHTRA GEMS & JEWWLLARY PARK POLICY 10 MAHARSHTRA TOURISM POLICY-2016 11 MAHARASHTRA CLOUD COMPUTING POLICY 2018 12 MAHARASHTRA FIN TECH POLICY-2018 13 MAHARASHTRA AEROSPACE DEFENCE MANUFACTURING POLICY- 2018 14 MAHARASHTRA TELECOM INFRASTRUCTURE POLICY-2018 www.industrialsubsidy.com By CA. G B Modi
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    PERIOD OF OPERATION THEPSI-2019 SCHEME, AS MAY BE AMENDED BY THE GOVERNMENT FROM TIME TO TIME, SHALL REMAIN IN OPERATION FROM 1st April, 2019 To 31st March, 2024
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    PACKAGE SCHEME OFINCENTIVES 2019 GOVERNMENT OF MAHARASHTRA
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    For the purposesof the PSI- 2019, detailed Taluka wise classification of different areas of the State as Group, A /B/ C/ D/ D + etc., on the basis of their level of industrial development is as follows – www.industrialsubsidy.com By CA. G B Modi Denotes Areas where some industrial development has taken place, but are less developed than the areas under Group A. Group B Denotes Industrially developed areas. Group A Denotes Areas, which are less developed than those covered under Group B. Group C Denotes the lesser-developed areas of the State, not covered under Group A Group B/Group C. Group D Group B = (-A) Group C = - (A+B) Group D = - (A+B+C)
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    Denotes District havingno industries and not covered under Group A / B/ C / D & D+. www.industrialsubsidy.com By CA. G B Modi No Industry District Naxalism Affected Area Denotes Area affected by naxalism, as described in GR No NAVIKA-2008/C.R.209/Ka. 1416 Dated 31.5.2009. Denotes the least developed areas, not covered under Group A/Group B/Group C/Group D. Group D+ Group D+ = - (A+B+C+D)
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    www.industrialsubsidy.com By CA.G B Modi  A New Unit shall mean a Unit which is set up for the first time by an entity in the  Private Sector  Co-operative Sector  State  Joint Sector  In any Taluka where there is no Existing Unit set up by the said entity, PROVIDED THAT SUCH UNIT SATISFIES THE FOLLOWING CONDITIONS:  It is not an Existing Unit.  At least one of the Effective Steps is completed on or AFTER the 1st April, 2019 for setting up the Unit.  It is not formed as a result of re-establishment, mere change of ownership, change in the constitution, reconstruction or revival of an Existing Unit. NEW UNIT
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    www.industrialsubsidy.com By CA.G B Modi An investment shall be regarded as Expansion Project or a Diversification Project, as the case may be, if an Existing / New Unit in any of the areas covered under. 1) Group “B”, 2) Group “C”, 3) Group “D”, 4) Group D+, 5) Naxalism Affected Areas 6) Aspirational District or No-Industry- Districts,  Makes, on or after the date 1st April, 2019, An additional fixed capital investment in additional production / manufacturing facilities  For manufacture of the same product / products as of the Existing /New Unit or  For manufacture of different products,  As the case maybe provided it satisfies the Three conditions, namely. EXPANSION/ DIVERSIFICATION PROJECT
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    www.industrialsubsidy.com By CA.G B Modi EXPANSION / DIVERSIFICATION PROJECT (CONDITIONS) EXPANSION / DIVERSIFICATION PROJECT EXPANSION 31-03-2020 10 CR GROSS ASSETS 25 % INCREASED PRODUCTION CAPACITY 25 % INCREASED INVESTMENT 10 % INCREASED MANPOWER
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    www.industrialsubsidy.com By CA.G B Modi  The said additional Fixed Capital Investment for expansion / diversification of the Existing/ New Unit should exceed 25 % of the Gross Block of the Existing / New Unit immediately prior to setting up of the additional production /manufacturing facilities, as on the last day of the previous financial year, subject to a minimum additional fixed capital investment of Rs. 10 crores in case of LSI and Special LSI, Rs. 5 crores in case of non-MSMEs and upto Special LSI and Rs. 25 Lacks, in case of MSMEs.  In the case of Expansion or Expansion-cum-Diversification but not mere Diversification "per se", the said additional Fixed Capital Investment should result in increase of existing installed production capacity by at least 25 % ; and  Such Expansion / Diversification should increase the employment in the non-supervisory category at least to the extent of 10 percent of the pre expansion/diversification level of such employment and 80 % of such additional employment should be from amongst local persons. Note: The above criteria should be fulfilled for single location of the Unit which is undergoing expansion / diversification. Sum total of investment made in Units of the same entity at various locations shall not be considered for qualifying criteria for expansion / diversification. EXPANSION / DIVERSIFICATION PROJECT (CONDITIONS)
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    www.industrialsubsidy.com By CA.G B Modi For the purpose of incentives of :- 1) Industrial Promotion Subsidy, 2) Interest Subsidy, 3) Electricity Duty Exemption, 4) Power Tariff Subsidy etc.,  Applicable to an Eligible Unit subject to the fulfilment of the conditions of the PSI-2019,  The period of eligibility shall be computed from the Effective date of Eligibility and depend on the nature and location of the Eligible Unit. In respect of Mega Projects/ Ultra Mega Projects, the eligibility period shall be as, approved by the “Cabinet Sub Committee” or the “High Power Committee”, subject to fulfilment of the conditions of the PSI- 2019. ELIGIBILITY PERIOD
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    EFFECTIVE STEPS STEPS COMPLTEAFTER 01-04-2019 AND BEFORE 31.03.2024 LAND MPCB CERTIFICATE CONSTITUTION ANY ONE
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    The following categoriesof Eligible Industrial Units in the Private Sector, Co-operative Sector, Central Public Sector, State Public Sector/ Joint Sector shall be eligible to be considered for incentives under the PSI- 2019 :-  Industries listed in the First Schedule of the Industries (Development and Regulation) Act, 1951, as amended from time to time.  Manufacturing Enterprises as defined in the Micro, Small and Medium Enterprises Development Act, 2006. (MSMED Act, 2006).  Information Technology Manufacturing Units registered with the Directorate of Industries or the Maharashtra Industrial Development Corporation (MIDC) or the Development Commissioner, Santacruz Electronic Export Processing Zone (SEEPZ) or Software Technology Parks of India (STPI) in the State. www.industrialsubsidy.com By CA. G B Modi COVERAGE UNDER THE PSI - 2019
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    Bio-technology Manufacturing Unitsas specified by the Government from time to time, which are outside the purview of any registering authority mentioned above.  Cold storages which are a part of INTEGRATED manufacturing process. Mechanized Food/Agro Processing Industries in the following sectors:  Dairy, Fruit and Vegetable Processing.  Grain Processing.  Fish Processing.  Consumer foods including Packed foods.  Non alcoholic beverages from fruits and vegetables. www.indusrialsubsidy.com By CA. G B Modi COVERAGE UNDER THE PSI - 2019 www.industrialsubsidy.com 94222-85096 By CA. G B Modi
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    www.industrialsubsidy.com By CA.G B Modi FINANCIAL INCENTIVES FOR MSMEs/LSIs UNDER PSI-2019
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    Taluka / AreaCeiling as % of Fixed Capital Investment No. of Year 1 2 3 A Nil Nil B 30 % 7 Year C 40 % 7 Year D 50 % 10 Year D+ 60 % 10 Year Vidarbha, Marathwada, Ratnagiri, Sindhudurg & Dhule 80 % 10 Year Aspirational Districts (Osmanabad, Gadchiroli, Washim and Nandurbar) 100 % 10 Year No Industry Districts, Naxalism Affected Areas* MSME / FCI = 50 CR Eligible subsidy according to location
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    CLASSIFICATION OF AREASUNDER PSI – 2019 Sr. No. Division District Talukas 1 Konkan Division Grater Mumbai Greater Mumbai Thane Thane, Kalyan, Ulhasnagar, Ambarnath ,Bhivandi @ Palghar Vasai, Palghar Raigad Alibag @ , Uran, Panvel, Karjat@, Khalapur, Pen, Roha 2 Pune Division Pune Pune City, Maval, Haveli @ , Bhor @, Daund@, Shirur@, Khed @, Mulshi @ Purander @ , Velhe @ Group A @ : Within Mumbai Metropolitan Region (MMR), PMR
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    Group B Sr. No. Division DistrictTalukas 1 Konkan Division Thane Murbad Palghar Dahanu 2 Nashik Division Nasik Nashik Taluka CLASSIFICATION OF AREAS UNDER PSI – 2019
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    Sr.No . Division District Talukas 1Konkan Division Thane Bhivandi $ , Shahapur Raigad Karjat $, Mahad, Mangaon, Murud Ratnagiri Ratnagiri, Chiplun 2 Pune Division Pune Shirur $, Daund $, Bhor $ , Khed $, Indapur, Baramati, Purandar$ 3 Nashik Division Nashik Niphad , Sinnar Group C $ : Outside MMR / PMR CLASSIFICATION OF AREAS UNDER PSI – 2019
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    Sr. No. Division District Talukas 1Konkan Division Raigad Shrivardhan Ratnagiri Khed Sindhudurg Vengurla 2 Pune Division Pune Ambegaon, Junnar Solapur Solapur (North) , Pandharpur, Malshiras Satara Satara, Khandala, Koregaon, Phaltan, Khatav, Karad, Mahabaleshwar Sangali Miraj Kolhapur Karveer, Panhala, Hatkangale, Shirol 3 Nasik Division Nasik Dindori, Yeola, Igatpuri Ahmednagar Nagar, Rahuri, Shrirampur, Newasa, Karjat, Shrigonda, Akola, Sangamner, Kopargaon, Rahata Jalgaon Jalgaon, Yawal, Chalisgaon, Amalner, Dharangaon Aurangabad Division Aurangabad Aurangabad Nagpur Division Nagpur Nagpur City Group D CLASSIFICATION OF AREAS UNDER PSI – 2019
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    Group D+ Sr. No Division DistrictTalukas 1 KONKAN DIVISION Palghar Jawhar, Mokhada, Talasari Wada, Vikramgad Raigad Poladpur Mhasala Tala Ratnagiri Guhagar, Dapoli, Lanja, Mandangad, Rajapur, Sangameshwar Sindhudurg Kankavli, Kudal, Sawantwadi, Malvan, Deogad, Vaibhavwadi, Doda Marg 2 Pune Division Pune Velhe $ Solapur Barshi, Akkalkot, Solapur (South) Mohol, Mangalwedhe, Sangole, Karmala, Madha Satara Wai, Man, Patan, Jaoli Sangali Tasgaon, Khanapur, Atapadi, Jat, Kavathe Mahaankal, Walwa, Shirala, Kadegaon, Palus Kolhapur Kagal, Gadhinglaj, Chandgad, Ajra, Bhudargad, Radhanagari, Baavada, Shahuwadi 3 Nasik Division Nasik Peth, Surgana, Kalwan, Baglan, Chandwad, Nandgaon, Trimbakeshwar, Deola , Malegaon Ahmednagar Shevgaon, Pathardi, Jamkhed, Parner Dhule Sakri, Shirpur, Shindkheda Nandurbar Nandurbar, Nawapur, Shahada, Talode, Akrani, Akkalkuva Jalgaon Chopada, Raver, Edalabad, Bhusawal, Jamner, Pachora, Bhadgaon, Parola, Erandol, Bodgaon CLASSIFICATION OF AREAS UNDER PSI – 2019
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    Sr. No Division District Talukas 4Aurangabad Division Aurangabad Khuldabad, Kannad, Soegaon, Siliod, Paithan, Gangapur, Vaijapur, Phulambri Jalna Jalna, Ambad, Jafferabad, Partur, Bhokargaon, Badnapur, Ghangsavangi, Mantha Beed Beed, Georai, Majalgaon, Ambejogai, Kaij, Patoda, Ashti, Pharur, Parli, Wadavani, Shirur Kasar Osmanabad Osmanabad, Kalamb, Omerga, Tuljapur, Paranda, Bhum, Washi, Lohara Parbhani Parbhani, Jintur, Selu, Gangakhed, Pathri, Palam, Purna, Manawat, Sonpeth Hingoli No Industry District Latur Latur, Ahmedpur, Udgir, Nilanga, Ausa, Chakur, Deoni, Shirur- Anantpal, Jalkot, Renapur Nanded Nanded, Bhokar, Hadgaon, Kinwat, Biloli, Degpur, Mudkhed, Kandhar, Loha Mudkhed Ardhapur Naigaon Dharmabad Himayatnagar Umari Mahur 5 Amravati Division Amravati Amravati Achalpur Bhatkuli Nandgaon Khandeshwar Chandur Bazar Morshi Warud Chandur Rly. Teosa Daryapur Anjangaon Surji Chikhaldara Dharni Dhamangaon Rly. Akola Akola, Barshitakli, Akot, Telhara, Balapur, Patur, Murtijapur Washim Washim, Malegaon, Risod, Mangrulrpir, Manora, Karanja CLASSIFICATION OF AREAS UNDER PSI – 2019 Group D+
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    Sr. No Division District Talukas 5Buldhana Division Buldhana Buldhana Chikhali Shegaon DeulgaonRaja Malkapur Motala Nandura Jalgaon, Jamod, Sangrampur, Khamgaon, Mehkar Sindakhed-Raja Lonar Yavatmal Yavatmal, Babhulgaon, Kalamb, Kelapur, Ralegaon, Ghatanji, Wani, Maregaon, Pusad, Mahagaon, Umarkhed, Darwaha, Ner, Digras, Arni ,Zari-Jamd 6 Nagpur Division Nagpur Nagpur (R) Kamptee Hingana, Katol, Narkhed, Savner, Kalmeshwar, Ramtek, Parseoni, Mauda, Umred, Bhiwapur, Kuhi Bhandara Bhandara, Pauni, Tumsar, Mohadi, Sakoli, Lakhanpur, Lakhani Gondia Gondia, Goregaon, Tirora, Arjuni- Morgaon, Deori, Sadakarjuni, Amgaon, Salekasa Wardha Wardha, Deoli, Seloo, Arvi, Karanja, Ahsti, Hinganghat, Samudrapur Chandrapur Chandrapur Gondpipri Mul Warora Chimur Bhadravati Brahmapuri Sindewahi Nagbhid Rajura Korpana Sawali Pobhurna Ballarpur Jiwati Group D+ CLASSIFICATION OF AREAS UNDER PSI – 2019
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    No Taluka 1 Ratnagiri 2Sindhudurg 3 Dhule CLASSIFICATION OF AREAS UNDER PSI – 2019 www.industrialsubsidy.com 94222-85096 By CA. G B Modi
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    NO INDUSTRY DISTRICT Sr. No. DivisionDistrict Talukas 1 Aurangabad Division Hingoli All Talukas of Hingoli 2 Nagpur Division Gadchiroli All Talukas of Gadchiroli CLASSIFICATION OF AREAS UNDER PSI – 2019 www.industrialsubsidy.com 94222-85096 By CA. G B Modi
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    Sr. No. Division DistrictTalukas 1 Nagpur Division Gadchiroli Chamorshi ,Gadchiroli Aheri ,Armori Kurkheda, Desaiganj (Vadasa),Dhanora , Etapalli, Sironcha ,Mulchera, Korchi, Bhamragad Gondia Gondia,Tiroda,Goregaon,Deor,Amgaon. Salekasa,Arjuni Morgaon,Sadak Arjuni Chandrapur Chandrapur, Gondpipri, Rajura, Korpana, Jiwati, Ballarsha, Pobhurna, Mul, Sawali Bhandara Sakoli, Lakhandur, Lakhani Yavatmal Pandharkawda, Wani, Zari-Jamdi, Ghatanji, Arni 2 Aurangabad Division Nanded Kinwat GROUP NAXALISM AFFECTED AREA CLASSIFICATION OF AREAS UNDER PSI – 2019
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    SR. NO. DIVISION DISTRICT TALUKAS 1Aurangabad Division Osmanabad All Talukas of Osmanabad 2 Nagpur Division Gadchiroli All Talukas of Gadchiroli 3 Aurangabad Division Washim All Talukas of Washim 4 Nashik Division Nandurbar All Talukas of Nandurbar • ASPIRATIONAL DISTRICTS :- CLASSIFICATION OF AREAS UNDER PSI – 2019
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    Taluka / Area Ceiling as% of Fixed Capital Investment Cost of Project Rs 10 Crore Eligible Amount of Subsidy No. of Year Per Year Subsidy 1 2 3 4 5 6 A Nil 10 Cr Nil Nil Nil B 30 % 10 Cr 3 Cr 7 Year 42.85 Lac C 40 % 10 Cr 4 Cr 7 Year 57.14 Lac D 50 % 10 Cr 5 Cr 10 Year 50 Lac D+ 60 % 10 Cr 6 Cr 10 Year 60 Lac Vidarbha, Marathwada, Ratnagiri, Sindhudurg & Dhule 80 % 10 Cr 8 Cr 10 Year 80 Lac Aspirational Districts (Osmanabad, Gadchiroli, Washim and Nandurbar) 100 % 10 Cr 10 Cr 10 Year 1 Cr No Industry Districts, Naxalism Affected Areas* Example – 1 MSME / FCI = 50 CR Eligible subsidy according to location
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    • WOMEN POLICY-2017BENEFIT Eligible subsidy according to location Taluka / Area Ceiling as % of Fixed Capital Investment Cost of Project Rs 10 Crore Maximum Subsidy Eligible Amount of Subsidy No. of Year Per Year Subsidy 1 2 3 4 5 6 7 A 15 % 10 Cr 20 Lac 20 Lac From the Date of Production Equal Instalment In 5 Years 4 Lac B 15 % 10 Cr 20 Lac 20 Lac 4 Lac C 15 % 10 Cr 20 Lac 20 Lac 4 Lac D 20 % 10 Cr 25 Lac 25 Lac 5 Lac D+ 25 % 10 Cr 50 Lac 50 Lac 10 Lac No Industry Districts, Naxalism Affected Areas* 35 % 10 Cr 100 Lac 100 Lac 20 Lac
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    • PACKAGE SCHEMEOF INCENTIVE-2019 • WOMEN POLICY-2017 TALUKA / AREA COST OF PROJECT RS 10 CRORE PACKAGE SCHEME OF INCENTIVE-2019 WOMEN POLICY 2017 TOTAL SUSBSIDY Maximum Amt (Lac) Maximum Amt (Lac) Maximum Amt (Lac) A 10 Cr - 20 Lac 20 Lac B 10 Cr 4 Cr 20 Lac 4.20 Cr C 10 Cr 5 Cr 20 Lac 5.20 Cr D 10 Cr 6 Cr 25 Lac 6.25 Cr D+ 10 Cr 8 Cr 50 Lac 8.50 Cr No Industry Districts, Naxalism Affected Areas* 10 Cr 10 Cr 100 Lac 11 Cr
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    Taluka / Area Classification Minimum AdmissibleFixed Capital Investment (INR Crore) Minimum Direct Employment (Number of People) Ceiling as % of Fixed Capital Investment 1 2 3 4 A & B 750 1000 0 C 500 750 40% D 250 500 40% D + 150 400 40% Vidarbha, Marathwada, Ratnagiri, Sindhudurg & Dhule 100 300 40% Aspirational Districts (Osmanabad, Gadchiroli, Washim and Nandurbar) 100 250 40% No Industry Districts, Naxalism Affected Areas* Example – 2 Eligible Criteria to LSI
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    Taluka / Area Classification Minimum AdmissibleFixed Capital Investment (INR Crore) Minimum Direct Employment (number of people) Ceiling as % of Fixed Capital Investment 1 2 3 4 A & B 1500 2000 High Power Committee (HPC), under Chief Secretary, constituted vide GR.IDL1005/(CR119)/IND-8 dated 2.6.2005 will approve the customized Package of Incentives to Mega and Ultra Mega projects on case-to-case basis. Cabinet Sub Committee under Chairmanship of the Chief Minister constituted for Industry vide GR IDL- 1097/(13478)/IND-8 dated 18.1.1998 and reconstituted vide GR.IDL- 1004/(CR318)/IND- 8 dated 24.12.2004 will approve customized incentives on case-to case basis. C 1000 1500 D 750 1000 D + 500 500 Vidarbha, Marathwada, Ratnagiri, Sindhudurg & Dhule 350 500 Aspirational Districts (Osmanabad, Gadchiroli, Washim and Nandurbar) 200 350 No Industry Districts, Naxalism Affected Areas* Ultra-Mega Industrial Units (Entire State) 4000 4000 Eligible Criteria to Mega & Ultra Mega Units
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    • MSME shallinclude units as per the definition of Government of India- Micro, Small and Medium Enterprises Development (MSMED) Act, 2006, as well as the small industries with FCI (Fixed Capital Investment) of up to 50 Cr • New MSME Units will eligible for BASKET OF INCENTIVES which includes:- i. Industrial promotion subsidy ii. Interest Subsidy 5% iii. Power tariff Subsidy Rs 1/- Per Unit FINANCIAL INCENTIVES FOR MSMEs/LSIs UNDER PSI-2019  The total quantum of incentives will be linked to the Fixed Capital Investment.  The total quantum of incentives excluding the incentives of :-  Exemption of electricity duty and  Waiver of stamp duty
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    • GST (IPS)SUBSIDY GST 18 % SGST 9% CGST 9% GST REFUND FORM DIC SGST- 9 % GST 18 % IGST 18% GST REFUND FORM DIC NILL www.industrialsubsidy.com 94222-85096 By CA. G B Modi
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     Eligible NewMicro, Small and Medium Enterprises (MSME) will be eligible for Interest subsidy in respect of interest actually paid to the Bank and Public Financial Institutions.  The amount of Interest Subsidy will be calculated @ 5 %  The quantum of interest subsidy payable to the eligible unit every year will not exceed the bills paid for electricity consumed during the relevant year. 10 - 5 = 5% (INTEREST) INTEREST SUBSIDY www.industrialsubsidy.com 94222-85096 By CA. G B Modi
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    www.industrialsubsidy.com By CA.G B Modi POWER TARIFF SUBSIDY POWER TARIFF SUBSIDY Rs 1/- Per Unit 36 Month
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    www.industrialsubsidy.com By CA.G B Modi  Eligible New Micro, Small and Medium Enterprises (MSME) will be eligible for power tariff subsidy other than “A” area.  The subsidy will be to the tune of Rs 1/- per unit for the Units located in  Vidarbha,  Marathwada,  North Maharashtra and the Districts of  Raigad, Ratnagiri ,Sindhudurg in Kokan Region And Rs 0.50 per unit for the Units in other areas of the State for a period of 3 years from the date of commencement of commercial production, for the energy consumed and paid.  The Units in Group “A” areas will however not be eligible for this incentive. POWER TARIFF SUBSIDY
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    EXEMPTION FROM ELECTRICITYDUTY A. All Eligible New Units in Group C, D, and D+ areas and No-Industry District(s) and Naxalism affected Area will be exempted from payment of Electricity Duty during eligibility period not exceeding 15 years. B. In Group A and B areas:-  100% Export Oriented Units (EOUs),  Information Technology Manufacturing Units and  Bio-Technology Manufacturing units will also be exempted from payment of Electricity Duty for a period of 7 Years.  Necessary Notification under the provisions of the Electricity Duty Act 1958 will be issued separately by the Energy Department. www.industrialsubsidy.com 94222-85096 By CA. G B Modi
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    A. New Unitsas well as Units undertaking Expansion/ Diversification (including Mega and Ultra Mega Projects) will be exempted from payment of Stamp duty during the Investment period in Group “C, D, D+ Talukas, No Industry Districts and Naxalism affected areas. B. In Group A and B areas, stamp duty exemption would be available as given below:  BT Manufacturing and IT Manufacturing Units in Public Parks : 100%  BT Manufacturing and IT Manufacturing Units in Private Parks : 75%  Mega Projects - 50% for first conveyance deed only Explanation: Eligible New/Expansion Units of PSI-2019 will also be eligible for Stamp Duty Exemption during their investment period. Necessary Notification under the provisions of the Bombay Stamp Act 1958 will be issued separately by the Revenue & Forest Department. WAIVER OF STAMP DUTY www.industrialsubsidy.com 94222-85096 By CA. G B Modi
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    www.industrialsubsidy.com By CA.G B Modi What is Technology Upgradation : Technology up-gradation would ordinary mean induction of state of the art or near state of the art technology. It would also mean a significant step up from the present technology level to substantially higher one involving improved environmental of improved packaging techniques as well as anti-pollution measures and energy conversation machinery. Further, the units in need of introducing facilities for in- house testing and on-line quality control would qualify for assistance. 5% subsidy on capital equipment for Technology Up –gradation, subject to a maximum of Rs.25 lacs NEW MSMES AND EXPANSION THEREOF IN ALL CATEGORIES OF AREAS WILL BE ELIGIBLE FOR FOLLOWING INCENTIVES • INCENTIVES FOR TECHNOLOGY UP-GRADATION
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    • Technology Upgradation • Types of Units covered under the scheme: Units holding eligibility certificate under PSI-2013 and to which assistance is sanctioned under Credit Link capital subsidy scheme (CLCSS) of MSME or Technology Up-Gradation Fund Scheme for Textile and jute Industries (TUFS) or Technology Mission on cotton (TMC) Scheme of Ministry of Textile, Govt.of India during the period 01/04/2013 to 31/03/2019 shall be considered eligible for receipt of Technology up-gradation incentives.
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    www.industrialsubsidy.com By CA.G B Modi New MSMEs and Expansion thereof in all categories of areas will be eligible for following incentives Types of Unit Covered under the scheme :  Unit holding eligible certificate under PSI-2013 and who has filed valid application with the implementing agency after issue of eligibility certificate within 6 months from expiry of the period of eligibility certificate as defined under PSI-2013.  Failure to file valid application within the prescribed period shall render the application invalid. The above subsidies are paid one time.  25% on capital equipment for cleaner production measures ,limited to Rs.5 Lakhs SUBSIDY ON CLEANER PRODUCTION MEASURES
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    INCENTIVES FOR STRENGTHENINGMSMEs AND LSIs  75 % subsidy on the expenses incurred on quality certification limited to Rs. 1 Lakh.  25% subsidy on capital equipment for cleaner production measures ,limited to Rs.5 Lakhs  75 % subsidy on the expenses incurred on patent registration limited to Rs. 10 Lakh for the National patents and Rs. 20 lakh for the International patents. New MSMEs and Expansion thereof in all categories of areas will be eligible for following incentives – www.industrialsubsidy.com 94222-85096 By CA. G B Modi
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    INCENTIVES FOR STRENGTHENINGMSMEs AND LSIs Incentives for Credit Rating of MSMEs in all categories of areas –  75% of the cost of carrying out Credit Rating by Small Industries Development Bank of India/ Government accredited Credit Rating Agency, limited to Rs. 40,000.  New MSMEs, LSI and Expansion thereof will be eligible for the following incentives in all categories of areas –  75% of cost of water audit limited to Rs. 1.00 lakh.  75% of cost of energy audit limited to Rs. 2.00 lakh.  50% of the cost of Capital Equipment under the measures to conserve/recycle water, limited to Rs. 5 lakh.  50% of the cost of Capital Equipment for improving energy Efficiency, limited to Rs. 5 lakh. www.industrialsubsidy.com 94222-85096 By CA. G B Modi
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    www.industrialsubsidy.com By CA.G B Modi YEARLY CAP FOR THE INCENTIVES  The amount of incentives to be disbursed to the MSMEs and LSI Units every year will be limited to the total quantum of incentives divided by the number of years as per the applicable Eligibility period with the provision of carrying forward the differential between the actual sanctioned amount for a given year and the yearly disbursement limit.  For Mega Projects/ Ultra Mega Projects, if the E.C. Period is more than 10 years, the yearly limit on disbursement amount shall be equal to 1/10 of the total quantum of incentives OR  Industrial Promotion Subsidy sanctioned for that year whichever is less.  The Carry forward principle will be applicable. The balance quantum of incentives will be allowed to be availed of after 10 years with yearly cap as above. Proportionate quantum of incentives will be calculated for a part of the year.
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    www.industrialsubsidy.com By CA.G B Modi  An application for eligibility under the PSI 2019 Scheme shall be submitted to the Implementing Agency by an Eligible Unit only after it has taken all the Effective Steps but not later than the 31st March, 2024. It shall be supported by documentary evidence with regard to completion of the Effective Steps.  For claiming eligibility under the PSI-2019, any New/Expansion/ Diversification, Eligible Unit shall commence the commercial production and also acquire the fixed assets at site, having paid for the same, and paid for it within the investment period.  The Investment Period for Micro, Small and Medium manufacturing Enterprises will be THREE YEARS, From the date of application  And for the LSI units, FOUR YEARS From the date of application  For Mega Projects /Ultra Mega Projects, the Investment period will be FIVE YEARS From the date of application  or such greater period as may be approved by the “High Power Committee” or the “Cabinet Sub Committee” on case to case basis. APPLICATION FOR ELIGIBILITY
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     The InvestmentPeriod will be counted from the date of submission of application to the Implementing Agency or the date suggested by the Eligible Unit.  However, this date should be within this Scheme Period and the assets acquired prior to and beyond the investment period will not be considered eligible for incentives,  However, the Land cost prior to submission of valid application shall be considered for Fix Capital Investment.  Delay in commencement of commercial production will entail proportionate curtailment of incentives and the Eligibility Certificate period. APPLICATION FOR ELIGIBILITY www.industrialsubsidy.com 94222-85096 By CA. G B Modi
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     If aUnit has completed all Effective steps but not started the production before the 1st April, 2019 and has not filed an application with the Implementing Agency under PSI 2013, such unit can submit the application under PSI - 2019.  However, the incentives applicable to such Eligible Unit shall be as per PSI- 2013 or PSI - 2019 , whichever is lower.  For such unit , the investment made within the investment period from the date of application only will be considered for Incentives. -- SCHEME END-- APPLICATION FOR ELIGIBILITY www.industrialsubsidy.com 94222-85096 By CA. G B Modi
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    PERIOD OF OPERATION TheTextile Policy will come into effect from the date of issuance of the Government Resolution 17th February, 2018 to 31st March, 2023 www.industrialsubsidy.com 94222-85096 By CA. G B Modi
  • 59.
    Objectives of TheTextile Policy 2018-23 Encourage setting up of Fiber to Fashion value chain. Generate 10 lakh new employments in the textile sector. Special focus on development of the textile industry in cotton growing areas. Special focus on processing, knitting, hosiery and garmenting sectors to create an internationally competitive textile industry in the State. Set up pollution free / ecofriendly dyeing and processing industry.  Increase Mulberry and Tussar cultivation, increase Silk yarn production and create a silk tourism corridor.
  • 60.
    Encourage traditional silkweaving businesses such as the Paithani Saree. Also create, promote and market “Adhyatmik Reshim” brand. Special focus on non-conventional yarn (bamboo, banana, ambadi, ghaypat, maize, coir, etc.) and its usage with a view to doubling farmers’ income. Focus on reviving the entire wool industry from shearing to garmenting to marketing.  Special focus on the emerging sector of technical textiles.  Provide the textile industries with the latest technical expertise created by institutes such as IITs, SASMIRA and WRA which are actively engaged in research & development in the textile industry. Objectives of The Textile Policy 2018-23 www.industrialsubsidy.com 94222-85096 By CA. G B Modi
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     Existing Project: Anyproject existing prior to the announcement of this policy and any project coming under expansion / diversification / modernization during the period of this policy.  New Project: Any project established and starting production during the period of this policy.  Expansion Project: Any existing project increasing its gross fixed capital investment by 25% and increasing its total production capacity by 25% as compared to the previous year will be considered as expansion or diversification. Such expansion and / or diversification will include forward and backward integration. Definition www.industrialsubsidy.com 94222-85096 By CA. G B Modi
  • 63.
     Gross CapitalInvestment: Investment in machinery before expansion / diversification / modernization and / or investment made from financial assistance approved by financial institutions / banks.  Modernization Project: Conversion of old simple power loom to shuttle-less rapier loom and to any loom based on advanced technology.  Diversification Project: Any project undertaken by an existing unit to produce additional product(s) of the textile value chain. Definition
  • 64.
     Project Cost: Aggregatecost of land, building and machinery.  Eligible Machinery:- Machinery eligible under centrally sponsored TUFS scheme (including any subsequent modifications by the Central Government to these schemes) or machinery approved by the State Government.  Eligible Amount: - Long term loans for capital subsidy under the centrally sponsored TUFS scheme (including any subsequent modifications by the Central Government to these schemes) or long term loans (excluding taxes) approved by financial institutions or banks for machinery approved by the State Government. www.industrialsubsidy.com 94222-85096 By CA. G B Modi
  • 65.
     Eligible amountfor self-financed projects: As per the criteria of centrally sponsored TUFS scheme (including any subsequent modifications by the Central Government to these schemes) or cost of machinery (excluding tax) approved by the State Government.  Eligibility for Capital Subsidy: The eligibility for capital subsidy will be decided based on the installed capacity of the project and actual annual production. .  Composite Unit: - A project comprising minimum two activities of the value chain, i.e. spinning, weaving, knitting, processing and garmenting. www.industrialsubsidy.com 94222-85096 By CA. G B Modi
  • 66.
    Textile Components includedin Textile policy 2018-23:  Cotton Ginning and Pressing  Spinning / Silk reeling and twisting / integrated silk park / synthetic filament / yarn texturing, crimping and twisting  Weaving and powerloom  Technical textile, non-woven and converters of non-woven  Knitting / hosiery / garment / apparel & made-up  Processing of fiber / yarn / fabric / garments / made-ups  Processing of non-conventional fiber / yarn / fabrics / garments / made-ups (bamboo, banana, ghaypat, maize, coir, hemp, etc)  Expansion of existing textiles units  Textile Parks / processing parks www.industrialsubsidy.com 94222-85096 By CA. G B Modi
  • 67.
    Technical Textiles: Suchtextile production which is aimed not only at fabric production but also at creating products which could be used in the industrial, defence, research and other advanced sectors due to its specialized technical properties. These products are classified into following categories based on their quality and end use: (1) Agro tech, (2) Build tech, (3) Cloth tech, (4) Geo tech (5) Home tech, (6) Ind tech , (7) Medi tech, (8) Mobile tech, (9) Echo tech, (10) Pack tech, (11) Pro tech (Protectivetextile) (12) Sport tech, (13) Defence tech, (14) Products announced by Textiles
  • 68.
    Textile Components includedin Textile policy 2018-23:  Energy saving and process control equipment for various textile sectors  Skill development activities  Wool sector (i.e. scouring, combing, spinning (worsted, shoddy and woolen) and weaving and carpet sector.  Standalone spinning  Spinning with matching downstream capacity  Manufacturing viscose filament yarn / viscose staple fiber  Independent weaving preparatory  Embroidery on standalone basis  Composite up gradation (i.e. units going for up gradation in spinning, weaving / knitting and processing)  Multi-activities (units with two or more activities simultaneously except composite up gradation mentioned above)  Composite unit  Other units of textile industry not mentioned herein
  • 69.
    The following projectswill be eligible under this scheme: o Projects for which the long term loan has been approved for Machinery under the Centrally sponsored TUFS scheme from the date of issuance of this Government Resolution or thereafter till 31 March 2023. o Ginning and Spinning projects for which the long term loan has been approved till 31 March 2023 by banks / financial institutions and where the projects have submitted Form-A on the State Government website. www.industrialsubsidy.com 94222-85096 By CA. G B Modi
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     New /Expansion / Diversification / Modernization self-financed textile projects will be granted capital subsidy as per capital subsidy in lieu of Interest Subsidy Scheme.  Self-financed projects in the Vidarbha, Marathwada and North Maharashtra regions will be granted additional capital subsidy.  Textile projects of scheduled castes / scheduled tribes / minority communities will be granted capital subsidy as per the above mentioned capital subsidy in lieu of Interest Subsidy Scheme.  Terms and conditions of Government Resolutions dated 2 December 2015 and 18 December 2015 will be applicable to the capital subsidy in lieu of Interest Subsidy Scheme for self-financed projects with necessary modifications Capital subsidy for self-financed Projects: www.industrialsubsidy.com 94222-85096 By CA. G B Modi
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     The schemeof providing Rs. 9 crore or 9% of project cost, whichever is lower, to the projects by the State Government and those which are approved under Central Government SITP scheme (Government Resolution dated 25 May 2012) will be continued.  Integrated Textile Hubs / Parks by the MIDC will be set up at Amravati, Aurangabad, Beed, Buldhana, Jalna, Jalgaon, Nanded, Parbhani, Yavatmal and Wardha. Essential infrastructure such as roads, water, electricity, etc. and facilities of testing labs and CETP will be provided at these Integrated Textile Hubs / Parks.  At least 100 Ha land at each of these Mega Integrated Textile Hubs will be developed.  Similar Textile Hubs / Parks will be set up as per requirement in the Vidarbha, Marathwada and North Maharashtra regions through MIDC.  Textile Parks / Hubs will be established by MIDC at Ichalkaranji (Hatkanangle) and Solapur. Textile Parks www.industrialsubsidy.com 94222-85096 By CA. G B Modi
  • 72.
    Special incentives willbe given to textile projects implementing environment friendly solar and wind energy projects. If Spinning mills, power looms and textile projects are ready to set up green energy projects then , the State Government in collaboration with MEDA, will formulate a scheme for providing appropriate subsidy to reduce the overall power subsidy Incentives to Promote use of Green Energy: www.industrialsubsidy.com 94222-85096 By CA. G B Modi
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    Cross subsidy onopen access will not be levied for textile units. The State Government’s Energy Department will not levy charges other than “transmission charges” on projects using non-conventional sources (solar, wind, etc.) of energy.  A subsidy of Rs. 3 per unit will be given to co-operative spinning mills for a period of 3 years. Within this period of 3 years the units will set up non-conventional power projects to fulfil their power needs. The restriction of 1 MW is removed from the net metering scheme.  The subsidy of Rs. 3 per unit will not be applicable to open access. The subsidy will be reviewed every year and will be reduced to keep the overall annual subsidy burden within Rs. 150 crore. A subsidy of Rs. 2 per unit will be given to powerlooms using power above 200 HP. Electricity Concessions
  • 75.
     Subsidy givento powerloom units using less than 27 HP, 27 to 200 HP and more than 200 HP, will similarly be applicable to garment, knitting and hosiery units.  A subsidy of Rs 2 per unit will be given to spinning mills (except co-operative spinning mills), processing units and all other textile units which are using more than 107 HP power.  It is observed that the electricity rates for units using up to 27 HP are more than the rates applicable for units using 27 to 107 HP. Necessary action will be taken to eliminate this disparity.  When any unit is simultaneously using conventional and non-conventional power, the use of both the power sources will be taken into consideration to decide the load factor.  A committee comprising the Director General, Maharashtra Energy Development Agency (MEDA) and the Director Textile will be set up to finalize the subsidy required for setting up of co-operative spinning mills on solar power within three years. Electricity Concessions
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    SR. NO SECTORELIGIBLE SUBSIDY 1 Processing (yarn, fabric, printing), Subsidy to units in General Category 40% 2 Technical textile , Knitting, SC/ST,‘ Minority Category 45% 3 Hosiery and Garmenting * Additional subsidy for production of Yarn, fabric and other products from non - conventional yarn 10% 55% Additional Capital subsidy for textile projects in the Vidarbha, Marathwada and North Maharashtra region 20% 75% Additional subsidy for units having Forward/Backward Integration 5% 80%  5% additional capital subsidy for projects with investment of Rs. 500 crore and above.  If it is the first project / pioneering project in that taluka then additional 5%, totaling to 10% capital subsidy will be applicable. ELIGIBLE SUBSIDY UNDER MAHARASHTRA TEXTILE POLICY 2018-23 ON ELIGIBLE COST OF MACHINERY
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    Sr. No Sector Eligible Subsidy 4 Composite Unit** Subsidy to units in General Category 35% SC/ST,‘ Minority Category 40% Additional subsidy for production of Yarn, fabric and other products from non - conventional yarn 10% Additional Capital subsidy for textile projects in the Vidarbha, Marathwada and North Maharashtra region 10% 5% Additional subsidy for new composite unit set up in a taluka not having any Cooperative or Private spinning mill 5% ELIGIBLE SUBSIDY UNDER MAHARASHTRA TEXTILE POLICY 2018-23 ON ELIGIBLE COST OF MACHINERY  5% additional capital subsidy for projects with investment of Rs. 500 crore and above.  If it is the first project / pioneering project in that taluka then additional 5%, totaling to 10% capital subsidy will be applicable.
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    Sr. No SectorEligible Subsidy 5 Spinning, Ginning, Pressing Subsidy to units in General Category 25% SC/ST,‘ Minority Category 30% Additional subsidy for production of Yarn, fabric and other products from non - conventional yam 10% Additional Capital subsidy for textile projects in the Vidarbha, Marathwada and North Maharashtra region 10% Additional subsidy for new composite unit set up in a taluka not having any Cooperative or Private spinning mill 5% Additional subsidy for units having Forward/Backward Integration 5%  5% additional capital subsidy for projects with investment of Rs. 500 crore and above.  If it is the first project / pioneering project in that taluka then additional 5%, totaling to 10% capital subsidy will be applicable. ELIGIBLE SUBSIDY UNDER MAHARASHTRA TEXTILE POLICY 2018-23 ON ELIGIBLE COST OF MACHINERY
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    Sr. No Sector Eligible Subsidy 5 Conversionof Old Plain power looms to Shuttle less Rapier looms or looms based on latest technology (Modernization of power looms) Subsidy to units in General Category 25% SC/ST,‘ Minority Category 30% Additional Capital subsidy for textile projects in the Vidarbha, Marathwada and North Maharashtra region 10% 5% additional capital subsidy for projects with investment of Rs. 500 crore and above. If it is the first project / pioneering project in that taluka then additional 5%, totaling to 10% capital subsidy will be applicable. ELIGIBLE SUBSIDY UNDER MAHARASHTRA TEXTILE POLICY 2018-23 ON ELIGIBLE COST OF MACHINERY
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    Sr. No SectorEligible Subsidy 6 New Power looms based on latest technology (Other than plain Power loom), Weaving, Preparatory, Warping, Sizing, Conning, Twisting, Doubling, TFO and other textile units Subsidy to units in the General category 25% Subsidy to units in the SC/ST/Minority category 30% Additional Capital subsidy for textile projects in the Vidarbha, Marathwada and North Maharashtra regions: 10% Additional subsidy for units having Forward/Backward Integration 5%  5% additional capital subsidy for projects with investment of Rs. 500 crore and above.  If it is the first project / pioneering project in that taluka then additional 5%, totaling to 10% capital subsidy will be applicable. ELIGIBLE SUBSIDY UNDER MAHARASHTRA TEXTILE POLICY 2018-2023 ON ELIGIBLE COST OF MACHINERY
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    i. First Instalment:30% of eligible amount after 12 months from start of production ii. Second Instalment: 30% of eligible amount after 24 months from start of production iii. Third Instalment: 40% of eligible amount after 36 months from start of production CAPITAL SUBSIDY WILL BE DISBURSED AS FOLLOWS: www.industrialsubsidy.com 94222-85096 By CA. G B Modi
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    महिला उद्योजकाांसाठी हिशेषधोरण -२०१७ www.industrialsubsidy.com 94222-85096 By CA. G B Modi
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    प्रस्तूत महिला उद्योजकाांसाठीहिशेष धोरणाचे उहिष्ट महिला पररचाहलत उद्योगाांचे प्रमाण ९% िरून २०% पर्यंत सुधारण्र्याचे आिे. महिला उद्योजकाांच्र्या िाढीसाठी राज्र्यात आश्वासक व्र्यािसाहर्यक िातािरण हनमााण करणे ि ताांहिक, पररचालनात्मक तसेच आहथाक सिाय्र्य पुरिून राज्र्यातील महिलाांना अहधक रोजगाराच्र्या सांधी हनमााण करण्र्याच्र्या दृष्टीकोनातून राज्र्यातील महिला उद्योजकाांसाठी हिशेष धोरण-२०१७ ला शासन मान्र्यता िेण्र्यात र्येत आिे. महिला उद्योजकाांसाठी राबहिण्र्यात र्येणाऱ्र्या हिशेष धोरणाची ि हिशेष प्रोत्सािन र्योजनेची ठळक िैहशष्टर्ये खालीलप्रमाणे राितील:- १. एकल मालकी घटक :- महिला उद्योजकाांचे १०० टक्क े भाग भाांडिल २. भागीिारी घटक :- भागीिारी घटक ज्र्यामध्र्ये १०० टक्क े भाग भाांडिल ३. सिकारी क्षेि :- सिकार कार्यद्याांतगात ज्र्या सिकारी सांस्थेमध्र्ये १०० टक्क े महिला उद्योजकाांचा समािेश असलेली सांस्था ४. खाजगी हक ां िा सािाजहनक मर्यााहित घटक :- ज्र्या घटकाांमध्र्ये महिला उद्योजकाांचे हकमान १०० टक्क े भाग भाांडिल असेल अशी क ां पनी ५. स्िर्यां सिाय्र्यता बचत गट :- जे बचत गट नोंिणीक ृ त असून, सिर व्र्याख्र्येतील क्रमाांक ३ आहण ४ नुसार स्थाहपत झालेले आिेत www.industrialsubsidy.com 94222-85096 By CA. G B Modi
  • 85.
    क) भाांडिली अनुिान:- निीनि हिस्ताररत पाि सूक्ष्म, लघु ि मध्र्यम उपक्रमाांना तालुका िगीकरणानुसार अनुज्ञेर्य हस्थर भाांडिली गुांतिणूकीच्र्या १५% ि ३५% िराने रु. २० ते १०० लाख मर्याािेपर्यंत भाांडिली अनुिान िेण्र्यात र्येईल. प्रस्तुत भाांडिली अनुिान घटकाचे उत्पािन सुरु झाल्र्यापासून ५ समान िाहषाक िफ्त्र्याांमध्र्ये हितरीत करण्र्यात र्येईल. क्रमाांक साप्रोयो २०१३ नुसार तालुक्याचे िगीकरण भाांडिली अनुदान- (हथिर भाांडिली गुांतिणूकीचे %) हिशेष भाांडिली अनुदानाची कमाल मयाादा (रुपये लाखात) १. अ ि ब १५% २० २. क १५% २० ३. ड २०% २५ ४. ड+ २५% ५० ५. नक्षल नसलेले हजल्िे ि नक्षल प्रभाहित हिभाग ३५% १०० क ें द्रशासन, राज्र्यशासन तसेच त्र्याांचे उपक्रम र्याांचेमार् ा त इतर र्योजनेंतगात भाांडिली अनुिान हमळत असलेल्र्या घटकाांना सांबांधीत र्योजनेचा लाभ अनुज्ञेर्य िोईल परांतु एकहित भाांडिली अनुिानाची रक्कम जास्तीत जास्त ५०% च्र्या िर अनुज्ञेर्य रािणार नािी. www.industrialsubsidy.com 94222-85096 By CA. G B Modi
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    CA G.B.MODI B.Com ,FCA Mob No - 94222-85096 EMAIL- ID – gbmodi@hotmail.com