Power Subsidy (PS) incentives under Banglashree for MSMEs scheme implemented by the MSMEs Dept., Government of West Bengal, aims to provide power subsidy on the electricity consumed for the manufacturing activity to an eligible micro or small enterprise.
Banglashree for Micro, Small and Medium Enterprises: Power Subsidy (PS) - Introduction
Power Subsidy (PS) is a sub-scheme under the Banglashree for Micro, Small and Medium Enterprises scheme. It was launched on 1st April 2020 by the Department of Micro, Small and Medium Enterprises and Textiles, Government of West Bengal, and shall remain in force till 31st March 2025.
Objectives of the "Banglashree for MSME” Scheme:
The object of the Scheme is to extend fiscal incentives to encourage entrepreneurs to set up Micro, Small and Medium Enterprises with a view to focusing on balanced development of MSMEs across the State and creating a sustainable ecosystem in the MSME sector which can maximize the utilization of resource, generate new employment and widen the area of operation to make the State emerge as the MSME leader in the country.
Objectives of the “Power Subsidy”:
Through this incentive, an eligible micro, small or medium enterprise for its approved project will be entitled to power subsidy on the electricity consumed for the manufacturing activity.
Benefits
Micro, Small and Medium Enterprise:
- Subsidy of ₹ 1.00 / Kwh for enterprises located in Zone – A & B area and ₹ 1.50/ Kwh for enterprises located in Zone – C, D & E area for five years from the date of commencement of commercial production.
NOTE: The power subsidy will not exceed ₹ 10,00,000/- lakh per year for a micro enterprise, ₹ 20,00,000/- per year for a small enterprise and ₹ 30,00,000/- per year for a medium enterprise and will be payable annually.
Eligibility
- The business/organization should be a Micro/ Small/ Medium Enterprise.
- The business/organization should belong to the manufacturing sector.
- The business/organization should have started production on or after 1st April 2019.
- The business/organization should be in the private sector/ cooperative sector/ joint sector undertaking or should be a company/ undertaking owned and managed by the State Government or the Industrial SHGs.
- The Date of Commencement of Commercial Production (DOCCP) should be between 1st April 2020 to 31st March 2025.
Exclusions
Enterprises Excluded from this Scheme:
- Enterprises registered and for which eligibility certificates have been issued /incentives have been sanctioned and / or disbursed under the respective Incentive Scheme of the State.
- Enterprises registered and for which eligibility certificates have been issued in terms of the respective Incentive Scheme of the State but no sanction or disbursement of incentive has been made.
- Enterprises commenced production before 01.04.2019 and applied for incentive under the respective Incentive Scheme of the State within the stipulated date.
Negative List Of Industries:
- Sponge Iron Factory.
- Bricks (Excluding Fly Ash bricks, Sand lime Bricks, Refractory Bricks).
- Any other industry notified by the State Govt. for inclusion in this list.
Items excluded while calculating the investment made in Plant & Machinery:
- Equipment such as tools, jigs, dies, moulds and spare parts for maintenance and the cost of consumable stores.
- Installation of Plant and Machinery.
- Research and development equipment and pollution control equipment.
- Power generation set and extra transformer installed by the enterprise as per the regulations of the State Electricity Board.
- Bank charges and service charges paid to the National Small Industries Corporations or the State Small Industries Corporations.
- Procurement or installation of cables, wiring, bus bars, electrical control panels (not mounted on individual machines), oil circuit breakers or miniature circuit breakers which are necessarily to be used for providing electrical power to the Plant and Machinery or for safety measures.
- Gas producer plant.
- Transportation charges for indigenous machinery from the place of their manufacture to the site of the enterprise.
- Charges paid for technical know-how for the erection of the Plant and Machinery.
- Such storage tanks which store raw materials and finished products only and are not linked to the manufacturing process.
- Fire fighting equipment.
NOTE: The cost of any second-hand plant and machinery purchased and installed for implementation of the project will be excluded in the calculation of the cost of the plant and machinery.
Application Process
Registration Process:
- Step 1: Visit the silpasathi.wb.gov.in and click ‘Apply Online’. On the next screen, click ‘Create New’ for new registration.
- Step 2: Select the Applicant Type (Industry /Business /Commercial /Charitable Society/ Govt. entity) and enter the Registration Number.
- Step 3: On the ‘User Registration’ page, fill in all the mandatory fields and click ‘Register’.
Application Process:
- Step 1: Visit the silpasathi.wb.gov.in and click ‘Apply Online’.
- Step 2: Login to the portal using your username & password or via OTP using your registered mobile number.
- Step 3: You will be directed to the user dashboard. Click ‘ALL SERVICES’ and then select 'MSME Incentive' from the list of services.
- Step 4: Click ‘Create CAF’. Your CAF ID will be created. Click ‘Apply Online’ to proceed.
- Step 5: Fill in the "eligibility form" and click “Save and Continue” to get redirected to the common application form (CAF).
- Step 6: In the CAF, fill in all the mandatory fields, and click “Update and Continue” to preview the form.
- Step 7: After the form gets submitted, you will be taken to the “Dashboard” to view the application status.
- Step 8: From the Dashboard, continue with the application by clicking “Click to Proceed”. When done click “Save” to save the updated information.
- Step 9: Click "Preview" to preview the form before the final submission.
- Step 10: On the next screen, click "Go to Application" to fill out the "Online Form - A" application.
- Step 11: You will be taken to the "APPLY SUBSIDY" section to check year-wise subsidy items of the respective application you intend to apply for. Once complete, click "SAVE".
- Step 12: You will be taken to the "FILL UP SUBSIDY" tab. Provide the year-wise subsidy details for the incentive, and click "Add More" to see the multiple-year or year-wise breakup.
- Step 13: Upload the relevant documents, preview the details, click “VERIFY & SUBMIT”, check the declaration box and click “Submit Application”.
- Step 14: On final submission of Form-A application, you will be provided an application reference number. Use this number to check the status of your application.
Date of submission of first application: Within 12 months from the DOCCP or within 12 months from the date of notification of Banglashree, whichever is later.
Helpdesk:
Protiti, 23, Abanindranath Tagore Sarani (Camac Street), Kolkata - 700017, West Bengal, India; Phone: +91 33 2255 3700; Fax: +91 33 2255 3737; Email: [email protected].
For any technical query or any critical issues faced while applying please mail to our Quick Response Team at: [email protected]
Silpa Sathi Single Window Cell - Helpline Number (Toll-free): 1800-345-5562
Definitions
Cooch Behar District.