What you get
- General Assistance: Up to 80% of the eligible project cost or ₹25,00,00,000/- per project, whichever is less.- Supplementary Assistance: If assistance from a Government of India scheme is less than 80% of the project cost, the remaining amount (up to 80% collectively) will be covered under this scheme.- Assistance for MSE Clusters: Up to 90% of the total project cost.- Funding for Specific Studies: Expenditure on studies for specific industries, industrial areas, or development activities through professional institutions or consultancy firms is eligible for assistance under this scheme. | Note: Disbursement of assistance sanctioned will be in four installments based on expenditure incurred at 25%, 50%, 75% and 100% of project cost.
Who can apply
Required Paperwork
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof (Domicile)
Common Questions
What is the purpose of the "Scheme for Assistance for Industrial Infrastructure"?
The scheme is designed to promote industrial growth by providing financial assistance for the development and upgradation of industrial infrastructure.
Who is eligible to apply for assistance under this scheme?
Eligible applicants include registered industries associations, chambers of commerce, SPVs, government departments, PSUs, and municipal corporations.
What is the maximum financial assistance provided under the scheme?
The scheme offers financial assistance of up to 80% of the eligible project cost or [?]25 crores, whichever is lower.
What types of projects are eligible for assistance?
Projects involving fixed capital investments for industrial infrastructure, excluding land costs, are eligible.
Are new industrial estates or parks eligible for assistance?
No, the scheme does not provide assistance for the development of new industrial estates or parks.
What types of costs are excluded from assistance under the scheme?
Costs such as land purchases, goodwill fees, pre-operative expenses, consultant fees, and interest capitalization are excluded.
Can a private organization apply for this scheme?
Yes, private organizations such as SPVs registered under the Societies Act, Trust Act, or Companies Act are eligible to apply.
What is the role of the State Level Empowered Committee (SLEC)?
The SLEC reviews, evaluates, and approves project proposals for financial assistance under the scheme.
How is the financial assistance disbursed to eligible projects?
The assistance is disbursed in four installments, based on project completion milestones at 25%, 50%, 75%, and 100%.
Are projects involving upgradation of infrastructure eligible?
Yes, infrastructure upgradation in industrial areas or estates that are more than 7 years old is eligible.
Are MSE clusters eligible for higher financial assistance?
Yes, MSE clusters can receive up to 90% of the total project cost as assistance under the scheme.
Is there a time limit for completing the projects under the scheme?
Yes, projects must be completed within the approved timeframe, with an option for an extension of up to one year if sanctioned by the Industries Commissioner.