What you get
- Comprehensive Support: Development of critical infrastructure like roads, power, water, and communication for industrial operations. - 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 are infrastructure facilities in an Industrial Park?
Infrastructure facilities include roads, power distribution, water supply, communication systems, sewage, parking, and other utilities required for the park's operations.
What is the financial assistance available for infrastructure facilities?
Financial assistance of up to 25% of the cost of Hostel/Dormitory Housing for domiciled workers is available, with a maximum limit of [?]20,00,00,000/- (excluding land costs).
What costs are considered eligible for financial assistance?
Only costs incurred for constructing approved infrastructure facilities, as per SOR norms or with SLEC approval, are considered eligible for financial assistance.
Are land costs included in the financial assistance?
Land costs are not included in the financial assistance provided for infrastructure development in an Industrial Park.
What is the significance of SOR norms in determining construction costs?
SOR (Schedule of Rates) norms ensure standardization and fairness in construction cost estimation for infrastructure development.
Who is eligible for financial assistance for infrastructure development?
Industrial Parks that provide approved infrastructure facilities and have prior approval for constructing Hostel/Dormitory Housing for domiciled workers are eligible for financial assistance.
Is prior approval necessary for constructing worker dormitories?
Yes, obtaining prior approval from the relevant authority is mandatory for receiving financial assistance for constructing worker dormitories.
What happens if the construction cost exceeds the SOR norms?
If the construction cost exceeds SOR norms, the project requires approval from the SLEC to remain eligible for financial assistance.