Scheme Name: Transport Subsidy Scheme

State: Jammu and Kashmir

Description of the Scheme: Transport subsidy will be given to industrial units located in the selected areas in respect of raw materials which are brought into and finished goods which are taken out of such areas.

Target group :

Sector of the Scheme:

Eligibility Criteria:

• All new industrial units located in the selected areas will be eligible for transport subsidy equivalent to 50 per cent of the transport costs of both raw materials as well as finished goods.
• Existing industrial units in the selected areas are also eligible for transport subsidy in respect of the additional transport costs of raw materials and finished goods arising as a result of substantial expansion or diversification effect by them after the commencement of the Scheme.

Nature & Mode of Assistance: Freight charges for movement by road/sea will be determined on the basis of transport/transshipment rates fixed by the Central Government/State Government/Union Territory Administration concerned or actual freight paid, whichever is less.

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

"Other Assistance (Procurement of machinery, Technology /Marketing, International Cooperation, etc.)":

How to apply: Office of J &K Development Finance Corporation Limited

Whom to Contact:

Principal Secretary to Government 0191 - 2565020

finance-jk@nic.in