Scheme Name:

State: Andhra Pradesh

Description of the Scheme: Fiscal incentive under Department of Industries Industrial Policy 2021 ? 24

Target group : Women Entrepreneurs belonging to Scheduled Caste /Scheduled Tribe /Backward Classes /Minority Communities

Sector of the Scheme: Multiple Sectors

Eligibility Criteria: Women Entrepreneurs belonging to Scheduled Caste /Scheduled Tribe /Backward Classes /Minority Communities

Nature & Mode of Assistance:

The provisions in the package are applicable for Women Entrepreneurs belonging to Scheduled Caste/Scheduled Tribe /Backward Classes /Minority Communities who establish manufacturing units as sole Proprietor or invariably having 100% share in Partnership/Private Limited Companies and provide employment to a minimum of 10 people. 
a. 100% reimbursement of Stamp duty and transfer duty paid by the industry on purchase of land meant for industrial use.
b. 100% reimbursement of Stamp duty for Lease of Land/Shed/Buildings and mortgages and hypothecations. 
c. 50% rebate in land cost limited to 20 lakhs in Industrial Estates/Industrial Parks for MSEs.
d. 25% Land conversion charges for the industrial use limited to 10 lakhs for MSEs. 
e. Fixed power cost reimbursement @ 1.25 per unit for 5 years from the date of commencement of commercial production. 
f. 35% investment subsidy on fixed capital Investment limited to Rs.50 Lakhs for MSEs. The subsidy will be released only after 3 years of continuous operation with atleast 80% efficiency in all parameters i.e employment, production etc 
g. Interest subsidy of 3% on the term loan taken on the fixed capital investment for a period of 5 years from the date of commencement of commercial production for MSEs. 
h. Reimbursement of 100% net SGST to Micro and Small Enterprises for a period of 5 years from the date of commencement of commercial production or up to realization of 100% fixed capital investment, whichever is earlier. 
i. Reimbursement of 75% net SGST to medium enterprises for a period of 5 years from the date of commencement of commercial production or up to realization of 100% fixed capital investment, whichever is earlier. 
j. Reimbursement of 50% SGST to large enterprises for a period of 5 years from the date of commencement of commercial production or up to realization of 100% fixed capital investment, whichever is earlier

"Financial Information (Subsidy, low interest rate, etc.)": Subsidy

"Other Assistance (Procurement of machinery, Technology /Marketing, International Cooperation, etc.)": a. 16.2% of plots for SC Entrepreneurs and 6 % of plots for ST Entrepreneurs in the industrial parks will be reserved and allotment will be done as per the APIIC allotment guidelines b. A dedicated cell for handholding special category entrepreneurs for all business issues/consultations will be constituted

How to apply: a. 16.2% of plots for SC Entrepreneurs and 6 % of plots for ST Entrepreneurs in the industrial parks will be reserved and allotment will be done as per the APIIC allotment guidelines b. A dedicated cell for handholding special category entrepreneurs for all business issues/consultations will be constituted

Whom to Contact: Apply through the singe window portal