State Schemes for MSMEs

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Scheme Name: Y.S.R Jaganna. Badugu Vikasam Special Industrial Policy for SC and ST entrepreneurs 2020 - 23

State: Andhra Pradesh

Description of the Scheme: Y.S.R JAGANANNA BADUGU VIKASAM POLICY (The policy) offers special package of incentives for S.C/S.T entrepreneurs

Target group : Micro, Small & Medium Enterprises

Sector of the Scheme: Multiple Sectors

Eligibility Criteria: Industrial Enterprise means any industrial undertaking, other than those run departmentally by Government of India / State Government or having equity of State Government / Govt. of India and including those listed in ANNEXURE ? I, II & III. Every enterprise should have a valid ?Parishrama Aadhar? for claiming incentives. https://apindustries.gov.in/APIndus/Data/GO/2021INDS_MS11-%20YSR%20Jagananna%20Badugu%20Vikasam%20-Operational%20guidelines.pdf

Nature & Mode of Assistance:

Stamp Duty

  • Reimbursement of 100% stamp duty and Transfer duty paid by the industry on purchase, for lease of land/shed/buildings, mortgages and hypothecations.

Land Allotment

  • 50% rebate in land cost limited to Rs. 20 lakh in industrial estates/ industrial parks for MSEs
  • 25% land conversion charges for the industrial use limited to Rs. 10 lakh for MSEs Power
  • Fixed power cost reimbursement @1.50 per unit for 5 years from the date of commencement of commercial production Investment Subsidy Area Women Men Manufacturing 45% on FCI limited to Rs. 1 crore 45% on FCI limited to Rs. 1 crore Service and Transport 45% on FCI limited to Rs. 75 lakh 45% on FCI limited to Rs. 1 crore Interest Subsidy
  • @9% over and above 3% for 5 years from the date of commencement of commercial production for MSEs Quality Certification
  • 100% of the cost incurred for Quality certification/ patent registration limited to Rs. 3 lakh for MSEs Seed Capital Assistance
  • 25% of machinery cost for first generation entrepreneur for establishing micro unit

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

"Other Assistance (Procurement of machinery, Technology /Marketing, International Cooperation, etc.)": Not Availaible

How to apply: Not Availaible

Whom to Contact: Apply through the singe window portal

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