Enterprise Schemes in India (List)

Pradhan Mantri Matsya Kisan Samridhi Sah-yojana (PM-MKSSY): COMPONENT 1A: Formalization of Fisheries Sector and Facilitating Access of Fisheries Microenterprises to Government of India Programs for Working Capital Financing

The scheme aims to formalise fisheries microenterprises and facilitate their access to institutional working capital finance through small grants and credit intermediaries. It benefits fisheries sector stakeholders registered on NFDP with verifiable credit needs and valid bank accounts.

Motivation of Unemployed Persons to Start Self-employed Enterprises

The scheme “Motivation of Unemployed Persons to Start Self-employed Enterprises” by the Dept of Industries and Commerce, UT of Puducherry was introduced to encourage self-employment among the youth in manufacturing and service activities, supporting the growing economy of Puducherry.

Low Tension Power Tariff (LTPT) Subsidy

The scheme “Low Tension Power Tariff (LTPT) Subsidy” is introduced to assist MSME enterprises in reducing their electricity costs. A subsidy of 20% is given for 36 months from the date of commencement of production or from the date of obtaining power connection, whichever is later.

Capital Subsidy

“Capital Subsidy” by the MSME Dept, Govt of Tamil Nadu, assists MSMEs in reducing their burden of capital procurement. The subsidy is provided for 25% of eligible plant and machinery costs for MSMEs, with an additional capital subsidy for MSMEs set up by Women/SC/ST/Transgender/PwD entrepreneurs.

Grant of Quality Certification Reimbursement of Charges

“Grant of Quality Certification Reimbursement of Charges”reimburses payments made to Consultancy and certification agencies towards acquiring such Quality Certification subject to a ceiling of ₹ 2,00,000/- for National level certification and ₹ 10,00,000/- for International level Certification.

Subsidy for Asset Creation for Intellectual Property: Subsidy on the Cost of Trade Mark Registration or Geographical Indications (GI) in India or Abroad

The scheme “Subsidy for Asset Creation for Intellectual Property: Subsidy on the Cost of Trade Mark Registration or Geographical Indications (GI) in India or Abroad” is introduced to incentivize MSMEs to innovate and create intellectual property in India and Abroad as a differentiator.

One Family One Enterprise Scheme

The Government of Kerala approved the scheme “One Family One Enterprise” to encourage entrepreneurial activity in every household and empower women’s entrepreneurship. This scheme aims to set up at least one MSME unit including trade activity in each family.

Subsidy for Asset Creation for Intellectual Property: Patent Registration

The scheme “Subsidy for Asset Creation for Intellectual Property: Patent Registration” by the Micro Small and Medium Enterprises Department, Government of Tamil Nadu, is introduced to incentivize MSMEs to innovate and create intellectual property in India and Abroad as a differentiator.

Interest Subsidy Scheme, 2008

“Interest Subsidy Scheme, 2008” boosted economic growth by providing interest subsidies to Micro and Small Enterprises. The scheme offered financial incentives to new enterprises, making their operations more viable and promoting industrial growth.

Back Ended Interest Subsidy (BEIS)

“Back Ended Interest Subsidy” by the Govt of Tamil Nadu, is introduced with the objective of reducing financial burdens of all new micro and small manufacturing enterprises who have already availed loans from banks/ other government organizations by assisting them through a subsidy on term loans.

Promotion of Energy Audit and Conservation of Energy (PEACE): Incentive for Implementing Energy Audit Recommendations

The “Incentive for lmplementing Energy Audit Recommendations” component of this scheme is introduced to incentivise MSMEs to implement the recommendations of the Energy Audit Report and to optimize energy consumption leading to energy saving and money savings in electricity bills.

Scheme for Margin Money Grant to Nano Units

The scheme “Margin Money Grant to Nano Units” is a loan-linked scheme operated by Directorate of Industries & Commerce, Govt. of Kerala. The scheme aims to provide financial assistance to Nano units in the State, engaged in manufacturing,job work & service activity having any type of value addition.

Payroll Subsidy

The scheme “Payroll Subsidy” by the Govt of Tamil Nadu, is introduced with the objective of assisting MSMEs in reducing their employee cost. The scheme provides reimbursement of employee’s contributions to the EPF for their employees, subject to a maximum of ₹ 24,000/- per employee per annum.

“Assistance for Intellectual Property Protection Support” under “Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries – Various Incentives”

Through this scheme, assistance of 50% is provided subject to a maximum of ₹2,00,000/- for the expenditure for obtaining domestic patent (₹5,00,000/- for international patent). The applications are accepted offline in the prescribed form available on the Official Website of the Department.

Scheme for Additional Interest Subsidy over and above RIPS 2024 and Reimbursement of Annual Credit Guarantee Fee

As per the MSME Policy 2024, it supports the establishment of new MSMEs and the expansion, diversification, or modernization of existing ones by offering interest subsidies and reimbursement of guarantee fees to ease access to finance and reduce the cost of credit.

Generator Subsidy

The scheme “Generator Subsidy” is introduced with the objective of assisting all new and existing Micro, Small, and Medium Manufacturing Enterprises through a subsidy of 25% on the cost of the generator purchased (up to 320 KVA capacity), subject to a maximum of ₹ 5,00,000.

Reimbursement of Stamp Duty and Registration Charges

The scheme “Reimbursement of Stamp Duty and Registration Charges” by the Micro Small and Medium Enterprises Department, Government of Tamil Nadu, is introduced with the objective of reducing the stamp duty and registration charges incurred by MSEs investing in backward blocks.

Assistance Scheme for Handicraft Artisans

The Scheme intends to provide financial assistance in the form of grant to the artisans in the handicrafts sector for setting up handicraft enterprises. The assistance is a one time support to eligible artisans of the state as back end assistance.

Promotion of Energy Audit and Conservation of Energy (PEACE): Detailed Energy Audit

The “Detailed Energy Audit” component of this scheme is introduced to identify the major sources of energy in use, identify the lapses in energy usage, identify areas to improve energy usage, determine the level of consumption of the energy sources, and recommend policy measures.

Entrepreneur Support Scheme

Entrepreneur Support Scheme (ESS) is the most popular & attractive scheme operated by the Directorate of Industries and Commerce.The scheme aims to provide financial assistance to Micro,Small&Medium Enterprises engaged in manufacturing activities in the State,proportional to capital investment made.