State Schemes for MSMEs

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Scheme Name: Karnataka Agri Business & Food Processing Policy

State: Karnataka

Description of the Scheme: Development of Agriculture, Horticulture, Animal Husbandry, Fisheries and allied sectors

Target group :

Sector of the Scheme:

Eligibility Criteria:

Nature & Mode of Assistance: Investment promotion subsidy at 35% of value of fixed assets (VFA) irrespective of zonal and promoter classification up to a maximum of Rs.65 lakhs for MSME.
Interest subsidy of 6% per annum on term loans will be provided to micro enterprises.
Exemption from stamp duty & concessional registration for MSME, large and mega agro based industries and agri-infrastructure.

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

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

How to apply: Karnataka Agri Business Development Corporation (KABDC) and Karnataka Udyog Mitra (KUM)

Whom to Contact:

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