MAHARASHTRA CAPITAL SUBSIDY POLICY

ELIGIBILITY

The scheme comes in effect from 1^st MARCH, 2012. Duration of the scheme is from 1^st MARCH, 2012 to 31^st MARCH, 2017. The projects which are sanctioned on or after 1^st MARCH, 2012 are only eligible under this scheme. The projects which are eligible under TUFS scheme are only eligible under this scheme.  At present these scheme only provides benefit to new projects only and for existing unit the circular is under consideration that whether to include the projects in which expansion is made. This scheme does not applicable to JUTE INDUSTRY.

NOTE:-

1.     As per TUFS guidelines, a basic criterion for a project to eligible under TUFS scheme is it must be sanctioned on or after 28^th APRIL, 2011.

2.    Project eligible under TUFS scheme means those projects which received UID NO from textile commissioner or those projects for which UID NO is not applicable.

LOCATION

Units situated in VIDHARBHA, MARATHAWAD, and NORTH MAHARASHTRA is eligible under this scheme. Only the basic criterion is it must be eligible under TUFS scheme.

BENEFITS

The scheme provide benefit of 10% capital subsidy of the eligible capital investment (Eligible capital investment means an investment which is eligible under centrally sponsored TUFS scheme). There is no ceiling limit for the cost of project.