Investment Promotion Scheme (IPS) for Thrust Sectors: Scheme For Food Processing Industries
in Dadra and Nagar Haveli and Daman and Diu
Last updated:
Key dates and updates (Dadra and Nagar Haveli and Daman and Diu)
Nationwide and Dadra and Nagar Haveli and Daman and Diu-specific milestones. Verify on the official portal before you apply.
| Milestone | Date |
|---|---|
| Scheme launch |
Investment Promotion Scheme (IPS) for Thrust Sectors: Scheme For Food Processing Industries in Dadra and Nagar Haveli and Daman and Diu
Investment Promotion Scheme (IPS) for Thrust Sectors: Scheme For Food Processing Industries is a government scheme available to eligible residents of Dadra and Nagar Haveli and Daman and Diu.
Apply for Investment Promotion Scheme (IPS) for Thrust Sectors: Scheme For Food Processing Industries in Dadra and Nagar Haveli and Daman and Diu
Scheme Overview
“Scheme For Food Processing Industries'' 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 Food processing industries.
Eligibility Criteria
Should be a New Manufacturing/ Service units or Existing Manufacturing/ Service units which undertakes Expansion/ Diversification in MSME sector.
The unit should have commenced the commercial production between 20.05.2022 to 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 online portal within one year from the date of first disbursement of loan or on or before the date of commencement of commercial production.
Benefits
**Credit Linked Interest Subsidy:** 60% per annum limited to maximum of ₹50,00,000/- lakhs per annum for Five years OR for the period of repayment of loan whichever is earlier. - **Additional Subsidy:** Additional 10% subsidy for Food processing units established in dedicated Industrial parks for Food processing Industries.
Required Documents
| # | Document |
|---|---|
| 1 | Corporate Identification Number (CIN) Document. |
| 2 | Taxpayer Identification Number (TIN) Document. |
| 3 | Permanent Account Number (PAN) Document.* |
| 4 | Goods and Services Tax Number (GST) Document. |
| 5 | Other Registrations Document. |
| 6 | Copy of Udyam Registration /Industrial Entrepreneur Memorandum, as applicable. |
| 7 | Copy of Partnership Deed and Firm Registration Certificate in case of partnership concern or Memorandum & Articles of Association and Date of Incorporation Certificate in case of Public/Private Limited companies. |
| 8 | Copy of land purchase deed duly signed by the applicant (If the Enterprise is functioning in its own land). |
| 9 | Copy of registered lease agreement for a minimum period of 5 years from the date of commencement of commercial production (If the Enterprise is functioning in a leased land/ building). |
| 10 | Copy of sanction order from Electricity Department for power supply with copy of the latest bill. |
| 11 | Authorization letter. |
| 12 | Copy of Consent to Operate / Renewal from PCC, DNH & DD (as applicable for Notification No. PCC/DMN/13(PART VI)/2020-21/448 DATED 25/01/2021). |
| 13 | Copy of Factory licensee. |
| 14 | Undertaking. |
Common questions in Dadra and Nagar Haveli and Daman and Diu
Who can apply for Investment Promotion Scheme (IPS) for Thrust Sectors: Scheme For Food Processing Industries in Dadra and Nagar Haveli and Daman and Diu?
Eligible residents of Dadra and Nagar Haveli and Daman and Diu who meet the scheme’s overall criteria can apply for Investment Promotion Scheme (IPS) for Thrust Sectors: Scheme For Food Processing Industries. Refer to the eligibility section above for the complete checklist.
What documents are required for Investment Promotion Scheme (IPS) for Thrust Sectors: Scheme For Food Processing Industries in Dadra and Nagar Haveli and Daman and Diu?
Applicants in Dadra and Nagar Haveli and Daman and Diu typically need identity proof (Aadhaar), state residency proof, bank account details, and any scheme-specific documents listed in the documents section.
What are the important dates for Investment Promotion Scheme (IPS) for Thrust Sectors: Scheme For Food Processing Industries?
Key dates are summarized in the table on this page, from 3 July 2015 through 3 July 2015, based on values DeshSeva currently stores for this item.
Frequently Asked Questions
Yes, loans sanctioned by banks or financial institutions in accordance with RBI guidelines for industries located in U.T. are eligible for subsidy under this scheme.