Industrial Subsidies & Government Schemes Advisory

Chhattisgarh State Industrial Policy Incentives

Under the Chhattisgarh State Industrial Policy, new manufacturing units, expansions, and diversified enterprises located in designated industrial areas or backward development blocks can access comprehensive fiscal incentives:

Capital Investment Subsidy (Fixed Capital Investment - FCI): Reimbursement ranging from 20% to 55% of eligible investment in plant, machinery, and civil building structures, scaled according to block classification (Category A, B, C, D) and MSME category (Micro, Small, Medium, Large).

Interest Subvention / Interest Subsidy: 50% to 75% reimbursement of interest paid on bank term loans for eligible fixed assets, up to statutory annual caps for a duration of 5 to 7 years.

Electricity Duty Exemption: 100% exemption from state electricity duty for a specified period (typically 5 to 10 years) from the date of commercial production.

Stamp Duty & Land Premium Exemption: 100% waiver or reimbursement of stamp duty on land registration and loan mortgage deeds executed within industrial estates or approved private lands.

Net SGST Reimbursement: Fiscal support reimbursing a substantial percentage of the net State GST deposited over a multi-year post-commencement operational window.

Central Government MSME & Credit-Linked Schemes

Prime Minister's Employment Generation Programme (PMEGP): Credit-linked subsidy programme administered through KVIC, KVIB, and DIC offering 15% to 35% margin money subsidy on project costs up to ₹50 Lakhs for manufacturing units and ₹20 Lakhs for service enterprises.

PM Formalisation of Micro Food Processing Enterprises (PMFME): A flagship scheme under the Ministry of Food Processing Industries (MoFPI) providing 35% credit-linked capital subsidy (up to ₹10.00 Lakhs per unit) for individual micro-enterprises, rice mills, dal mills, spices processing, and edible oil extraction units.

Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE): Financial documentation and DPR structuring for collateral-free bank credit facilities up to ₹5.00 Crores for eligible manufacturing and services MSMEs.

Agriculture Infrastructure Fund (AIF): Interest subvention of 3% per annum up to ₹2.00 Crores term loans for post-harvest management infrastructure, primary processing centres, and cold chain projects.

Odisha Industrial Policy Resolution (IPR 2022) for Kalahandi

For enterprises operating from our Jayapatna branch and across Kalahandi district, Odisha's Industrial Policy categorises Kalahandi under Priority & Industrially Backward Zones (Zone B/C). Eligible enterprises can claim:

Capital Investment Subsidy: 30% to 40% on plant & machinery for Priority sectors (Agro, Food Processing, Engineering).

Employment Cost & Power Tariff Subventions: Special rate exemptions and electricity duty waivers for qualified local manufacturing units.

Our Scope of Professional Practice

Under ICAI regulatory guidelines, our Chartered Accountancy firm acts strictly as an independent Financial & Project Adviser. We provide:

Pre-Investment Eligibility & Scheme Mapping: Assessing project parameters against State & Central policy matrix to identify applicable fiscal windows before project execution begins.

Detailed Project Report (DPR) & Financial Modeling: Assembling bankable DPRs setting out project cost, means of finance, capacity utilisation, and debt-service coverage.

Statutory CA Asset Certifications: Conducting physical and ledger audits of qualifying capital expenditures, machine invoices, and civil valuation to issue statutory CA Certificates of Fixed Capital Investment (FCI) required by DIC.

Claim Dossier Preparation: Compiling reconciled financial statements, bank disbursement proof, commercial production certificates, and formal portal applications.