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Ramanathapuram District Administration

District Industries Centre


INCENTIVES TO THE MSME’S UNDER MSME POLICY 2008

The following incentives are being extended to Micro, Small and Medium Enterprises
I. Subsidy schemes for micro manufacturing enterprises
II. Backward Area Subsidy to manufacturing enterprises
III. Subsidy schemes Agro Based Enterprises
IV. Special Capital Subsidy for Thrust Sector Enterprises
V. Generator Subsidy



Subsidy schemes for micro manufacturing enterprises

  • 25 % Capital subsidy to the new machineries installed
  • 20% LTPT subsidy for 36 months.
  • 100% subsidy on the net value added tax paid by the Micro manufacturing Enterprises for the first six years up to the value of the new machineries installed.
  • 50% reimbursement of stamp duty and Registration charges on purchase of land by the Micro Manufacturing Enterprises.

Backward Area Subsidy to manufacturing enterprises

  • 25% Capital subsidy to the new machineries installed
  • 20% LTPT subsidy for 36 months.
  • Employment intensive subsidy of 5% on Plant & Machinery the ceiling of Rs.5 lakhs.
  • Additional Capital subsidy of 5% on Plant & Machinery ceiling of Rs. 2 Lakhs by the entrepreneurs belongs to women, SC/ST, Physically handicapped and Transgender.
  • Additional Capital subsidy of 25 % on eligible Plant & Machinery installed for Cleaner Environment Technology, ceiling or Rs.3 Lakhs.
  • 50% reimbursement of stamp duty and registration charges on purchase of land by the Micro and Small Manufacturing Enterprises.
  • BACKWARD BLOCKS: Mandapam , Thiruppullani, Thiruvadanai, Rs. Mangalam, Nainorkovil, Bohalur, Mudukulathur, Kamuthi, Kadaladi.

Subsidy schemes Agro Based Enterprises

  • All new agro based and food processing MSME’s located in all blocks are eligible
  • 25 % Capital Subsidy to the new machineries installed.
  • Employment intensive subsidy of 5% on Plant & Machinery ceiling of Rs. 5 Lakhs.
  • Additional Capital subsidy of 5% on Plant & Machinery ceiling of Rs. 2 Lakhs by the entrepreneurs belongs to women, SC/ST, Physically handicapped and Transgender.
  • Additional Capital subsidy of 25 % on eligible Plant & Machinery installed for Cleaner Environment ceiling or Rs.3 Lakhs.
  • 20% LTPT subsidy for 36 months.

Special Capital Subsidy for Thrust Sector Enterprises

All new Micro, Small and Medium manufacturing enterprises under the following thrust sectors located anywhere in the State are eligible to avail 25 % of subsidy in the Machinery investment with ceiling of Rs. 30 Lakhs.

  • Electrical and Electronic Industry
  • Leather and Leather goods
  • Auto parts and Compounds
  • Drugs and pharmaceuticals
  • Solar energy Equipments
  • Gold and Diamond Jewelry for exports
  • Pollution Control equipments
  • Sports goods and Accessories
  • Cost effective building material
  • Readymade Garments
  • Any other Industry to be notified by the Government in this regard from time to time

Generator Subsidy

25 % of the cost of Generator up to 320 KVA capacity, subject to a maximum of Rs. 5.0 lakhs would be eligible to all Manufacturing Micro, Small and Medium Enterprises.

Page Last Updated on 22nd June 2017