What you get
- Phase-Wise Disbursement: Assistance is disbursed in four installments- 25%, 50%, 75%, and 100% of the sanctioned project cost (excluding land costs). - Final Adjustment on Project Completion: 15% of eligible assistance is withheld and disbursed only after the project is completed.
Who can apply
Required Paperwork
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof (Domicile)
Common Questions
What is the objective of the "Scheme for Financial Assistance to Integrated Logistics Facilities"?
The "Scheme for Financial Assistance to Integrated Logistics Facilities" under the Gujarat Integrated Logistics and Logistics Park Policy, provides financial support to private developers for creating logistics facilities and parks with the necessary infrastructure and services.
What is the purpose of the "Capital Subsidy" component?
The "Capital Subsidy" component aims to provide financial assistance to new units or projects to support industrial growth and development.
Who is eligible for the subsidy under this scheme?
Only new units or projects are eligible for the subsidy, provided they meet all the prescribed criteria.
What costs are considered eligible for the subsidy?
The subsidy is calculated based on eligible fixed capital investments, including construction and infrastructure costs, but excluding land costs.
How is the subsidy amount disbursed?
The subsidy is disbursed in four installments based on actual expenditures, corresponding to 25%, 50%, 75%, and 100% of the sanctioned project cost.
What percentage of the subsidy is retained until project completion?
15% of the eligible subsidy amount is retained and disbursed only after the project is fully completed.
Can an existing business unit apply for this subsidy?
No, the subsidy is exclusively available for new units or projects and does not apply to existing or operational businesses.
How should the subsidy claim be submitted?
The claim must be submitted in a phase-wise manner corresponding to the progress of the project and the actual expenditure incurred.
What is the Schedule of Rates (SOR)?
The Schedule of Rates (SOR) is a government-prescribed framework that outlines standardized costs for construction and infrastructure activities.
What happens after submitting the registration application?
The Industries Commissionerate will scrutinize the application, request missing details within 15 days, and forward it to the concerned District Industries Centre for inspection.
How is the inspection carried out?
The General Manager of the District Industries Centre conducts a site visit and prepares an inspection report.
Who issues the Registration Certificate?
The Industries Commissionerate issues the Registration Certificate after reviewing the inspection report and adhering to the provisions of the GR and guidelines.