What you get
- Assistance in General Area: 25% of eligible fixed capital investment, up to a maximum of ₹30,00,00,000/-. - Assistance in Vanbandhu Talukas: 50% of eligible fixed capital investment, up to ₹30,00,00,000/-, for Industrial Parks. - Support for Residential Facilities: Up to 25% of the cost of constructing hostels or dormitories for domiciled workers, with a maximum limit of ₹20,00,00,000/-.
Who can apply
Required Paperwork
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof (Domicile)
Common Questions
What is the objective of the scheme "Financial Assistance to Industrial Parks" ?
The scheme "Financial Assistance to Industrial Parks" is an umbrella scheme launched by the Industries and Mines Department, Gujarat under the Gujarat Industrial Policy. Effective from August 7th, 2020 to August 6th, 2025, it aims to boost industrial growth through financial assistance, modern technologies, and enhanced facilities for industrial parks and clusters.
What is the purpose of the "Assistance on Fixed Capital Investment" component?
The component "Assistance on Fixed Capital Investment", is designed to encourage the development of Industrial Parks by reimbursing a portion of eligible fixed capital investments.
Who is eligible to apply for this assistance?
Industrial Parks that include eligible fixed capital investments, such as new buildings, infrastructure facilities, and residential facilities for workers, are eligible to apply for this assistance.
What types of expenses are considered eligible for assistance?
Eligible expenses include the construction of new buildings, internal roads, power substations, water distribution facilities, sewage systems, and dormitories for workers, as per the SLEC-approved norms.
Is the cost of land purchase covered under this assistance?
No, the cost of land purchase, land development, and related expenses are explicitly excluded from eligibility for this assistance.
What is the maximum amount of financial assistance available?
Industrial Parks can receive up to [?]30,00,00,000/- for infrastructure development and up to [?]20 crores for hostel/dormitory construction, depending on the type and location of the park.
Is prior approval from the State Level Empowered Committee (SLEC) required?
Yes, all projects must obtain prior approval from the SLEC for eligibility before claiming any financial assistance.
Do Industrial Parks in Vanbandhu Taluka receive additional assistance?
Yes, Industrial Parks located in Vanbandhu Taluka are eligible for 50% financial assistance, with a maximum limit of [?]30,00,00,000/-, which is higher than the general rate.
Are technical consultant fees or preliminary expenses eligible for assistance?
No, fees for technical consultants, as well as preliminary and pre-operative expenses, are not eligible for financial assistance.
What are Schedule of Rates (SOR) norms?
SOR norms are cost estimation guidelines set by concerned government departments, which define the eligible construction costs for various infrastructure projects.
Can applicants claim assistance for expenses incurred before receiving approval?
No, only expenses incurred after receiving approval from the SLEC are eligible for financial assistance.
Are transportation equipment and vehicles covered under this assistance?
No, expenses related to transportation equipment or vehicles are not eligible for financial assistance under this scheme.