What you get
Micro & Small Enterprise: | Zone A & B: 50% subject to a maximum of ₹10,00,000/- per year on the electricity consumption for 5 years. | Zone C, D & E: 75% subject to a maximum of ₹10,00,000/- per year on the electricity consumption for 5 years. | Medium Enterprise: | Zone B & C: 100% subject to a maximum of ₹25,00,000/- per year on the electricity consumption for 5 years. | Zone D & E: 100% on the electricity consumption for 5 years and 75% waiver from the 6th year up to 10th year from the date of commencement of commercial production subject to a maximum of ₹50,00,000/- per year.
Who can apply
Required Paperwork
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof (Domicile)
Common Questions
What is the primary eligibility criteria for incentives under the “Incentive Scheme for MSMEs in Powerloom Sector”?
The scheme shall generally be applicable to all micro, small and medium enterprises in the powerloom sector which have started production on or after 1st day of January, 2022 and have executed a Four-party agreement between the enterprise, Tantuja, Directorate of Textiles & Financial institution .Terms and conditions as a part of this agreement will be prescribed by the Department of MSME & T, WB in due course of implementation of the scheme.
How does the Directorate of Textile scrutinize and conduct physical inspection of the enterprise upon receiving its application for incentives?
On receipt of application for incentive from an enterprise the Directorate of Textile shall make, as expeditiously as possible and not later than 15 days, scrutiny of/ enquiry into particulars furnished by the enterprise and cause physical inspection of the enterprise through the Officers of the Directorate to ascertain Fixed Capital Investment proposed to be made in Plant and Machinery (new age shuttle less loom) by it.
What is the procedure for claiming the Subsidy?
Enterprises need to apply for the subsidy along with the required documents to the designated authorities as per the guidelines provided by the concerned department or agency.
What is the significance of the classification of areas into different zones for the scheme?
The classification helps in determining the quantum of incentives available for projects based on their location, with higher incentives provided for projects in backward areas.
Would an eligible enterprise that has availed of incentives or subsidies under any other state government incentive scheme be eligible for benefits under the Incentive Scheme for MSMEs in the Powerloom Sector for other specified items?
Yes, an eligible enterprise which has availed of incentive/ subsidy in respect of any of the items specified under any other Incentive of State Govt. shall also be eligible to get the benefits of other items only under Incentive Scheme for MSMEs in Powerloom Sector subject to fulfillment of terms and conditions of the Scheme.
What areas are classified under “Zone A” for the purpose of determining incentives?
"Zone A" includes Kolkata Municipal Corporation Area, All municipal areas of North 24- Parganas, All municipal areas of South 24-Parganas, All municipal Corporation and municipal areas of Howrah.
Which districts fall under “Zone B” for incentive classification?
"Zone B" comprises Districts of Hooghly, North 24 Parganas (excluding municipal areas and Sundarban areas), South 24 Parganas (excluding municipal areas and Sundarban areas), Howrah(excluding corporation and municipal areas), Siliguri Municipal Corporation, Municipal Corporations / Municipal Areas of Paschim Medinipur, Purba Medinipur, Purba Bardhaman, Paschim Bardhaman and Nadia.
How does the Directorate of Textiles determine the eligibility of enterprises for projects financed from their own resources?
In case of projects with arrangement of finance from own resources, eligibility of the enterprise shall be considered by the Directorate of Textiles according to the declaration of the enterprise regarding source of finance supported by a certificate issued by a Chartered Accountant as per Annexure-VI provided the Directorate of Textiles is satisfied about the technical specification of the machineries installed and the arrangement of such finance.
What is an “Approved project”?
"Approved Project" means the industrial project of a unit/ an expansion unit in the Powerloom sector which should be approved before implementation of the project in two steps - the technical part of the project should be approved before implementation of the project by the Directorate of Textile under the Deptt. of Micro, Small & Medium Enterprises and Textiles, Govt. of West Bengal and subsequently should be approved for its financial part by any commercial Banks/ Financial Institution (Central and State)/ Cooperative Banks/ scheduled banks approved by RBI/ RRBs financing the project.
What measures are in place to prevent misuse of the subsidy scheme?
Strict guidelines, documentation requirements, and verification procedures are in place to ensure that subsidies are availed by eligible enterprises for genuine purposes only.
What action will the Directorate of Textile take if an application is determined to be ineligible for incentives under the Incentive Scheme for MSMEs in the Powerloom Sector?
If any application is found to be not eligible for incentives under the Incentive Scheme for MSMEs in Powerloom Sector, Directorate of Textile will issue a letter of rejection to the applicant enterprise.