Scheme For Marine Products Processing Units under the Investment Promotion Scheme (IPS) for Thrust Sectors, implemented by the Dept. of Industries, U.T. Administration of DNH & DD, aims to provide Interest Subsidy to the Establishment /Expansion of Marine products processing industries.
Investment Promotion Scheme (IPS) for Thrust Sectors: Scheme For Marine Products Processing Units - Introduction
The scheme “Scheme For Marine Products Processing Units” is a sub scheme under the “Investment Promotion Scheme (IPS)” for Thrust Sectors. It was launched on 3rd July, 2015 for a period of five years by the Dept. of Industries, U.T. Administration Of Dadra & Nagar Haveli And Daman & Diu. Now it has been extended further from 20th May, 2022 and shall be operative till 19th May, 2027.
Objective of the "Investment Promotion Scheme (IPS)": The scheme envisages to provide further fillip to the specialized Thrust Sectors such as Plastic Furniture, Steel Furniture, Brass Furniture, Metal Furniture, Cane Furniture, Wooden Furniture, Bamboo Furniture, Fibre Glass Furniture and Marble Furniture etc, therefore making the U.T. a Special Hub for the furniture sector: maximize Women participation in the business sector, reduce unemployment among the local residents and incentivize the industries to employ resident laborers etc.
Objective of the "Scheme For Marine Products Processing Units" Sub-scheme: Under this Scheme, Credit linked interest subsidy will be provided for Establishment/ Expansion of Marine Products processing industries.
Benefits
- Credit Linked Interest Subsidy: 60% per annum limited to a maximum of ₹50,00,000/- per annum for 5 years or for the period of repayment of loan, whichever is earlier.
Eligibility
- Should be a new manufacturing/service unit or an existing manufacturing/service unit which undertakes expansion/diversification in the MSME sector.
- The unit should have commenced commercial production between 20.05.2022 and 19.05.2027.
- Unit should be located in the U.T. of Dadra and Nagar Haveli & Daman and Diu.
- Enterprise shall have to apply at the online portal within one year from the date of first disbursement of loan or on or before the date of commencement of commercial production.
Exclusions
- The enterprise will not be eligible for Interest Subsidy under this Scheme if the term loan is sanctioned after one year from the date of commencement of commercial production.
Application Process
- Registration Process:
- Step 1: Visit the Registration page of the Official Website.
- Step 2: Provide the information in the respective input spaces and click on “Register”.
- Step 3: Verify your email address using the verification link sent on your email (If Mail is Not Received in Your Inbox, Please Check the Spam).
- Step 4: Click the Link/URL in the received email or Paste Link/URL in browser's address bar to complete your Account Verification.
- Step 5: Now enter “111111” as OTP to verify your mobile number. Mobile Number and Pin Successfully will be sent to the registered Email Address.
- Step 6: On successful registration, the login credentials will be received in the registered email.
- Application Process:
- Step 1: Visit the user Login page of the Official Website.
- Step 2: Enter registered Mobile Number along with PIN sent on your email then click “Log In”.
- Step 3: On successful Log In, from the left side menu bar click on “Departments & Services” tab.
- Step 4: Scroll down to “District Industries Centre DD & DNH” and click on the “Click Here” button to apply for “Investment Promotion Scheme : 2022 to 2027 (20 May 2022 to 19 May 2027)”.
- Step 5: “Common Application Form” will be open. Enter all the details in required input fields and upload all the mandatory documents.
- Step 6: After successful entry of the information, verify all the details and click on the “Submit” button to complete the application process.
- Helpdesk:
- District Industries Centre,
- Contact No.: 0260-2260871 / 0260-2260310
- E-mail Address: [email protected]
- For Technical Assistance on Single Window Portal (i.e. investdd.in) Contact No. : 0260-2231885 / 2231886 E-Mail : [email protected]