Investment Promotion Scheme (IPS) for MSME Sector: Assistance For Saving In Consumption Of Energy And Water

CentralCash

At a Glance

Scheme Category

Business & Entrepreneurship,Setting up / start-up / entrepreneurship

Target Beneficiaries

Business Entity,Industries

Brief Description

“Assistance For Saving In Consumption Of Energy And Water” under the “Investment Promotion Scheme (IPS)” for MSME sector, implemented by the Dept. of Industries, DNH & DD, aims to provide assistance to the existing/ new Enterprise for taking action for saving in consumption of Energy and Water.

Benefit Type

Cash

Eligibility Criteria

1. Should be a New Manufacturing/ Service units or Existing Manufacturing/ Service units which undertakes Expansion/ Diversification in MSME sector. 1. The unit should have commenced the commercial production between 20.05.2022 to 19.05.2027. 1. Unit should be located in the U.T. of Dadra and Nagar Haveli & Daman and Diu. 1. The projects should have been implemented and commenced during the operation period of the Scheme. 1. Certificate from Energy/ Water auditors regarding installation of equipment should be submitted as per audit report.

Application Mode

Online

Application Process

> Registration Process: Step 1: Visit the <nis:link nis:type=webUrl nis:id=slugId nis:text="Registration" nis:value=https://swp.dddgov.in/registration nis:enabled=true/>page of the Official Website. Step 2: Provide the information in the respective input spaces and click on “Register”. Step 3: Verify your email address using the verification link sent on your email (If Mail is Not Received Your Inbox. Please Check the Spam). Step 4: Click the Link/URL in the received email or Paste Link/URL in browser&39;s address bar to complete your Account Verification. Step 5: Now enter “111111” as OTP to verify your mobile number. Mobile Number and Pin Successfully will be sent to the registered Email Address. Step 6: On successful registration the login credentials will be received in the registered email. > Application Process: Step 1: Visit the user <nis:link nis:type=webUrl nis:id=slugId nis:text="Login" nis:value=https://swp.dddgov.in/login nis:enabled=true/>page of the Official Website. Step 2: Enter registered Mobile Number along with PIN sent on your email then click “Log In”. Step 3: On successful Log In, from the left side menu bar click on “Departments & Services” tab. Step 4: Scroll down to “District Industries Centre DD & DNH” and click on the “Click Here” button to apply for “Investment Promotion Scheme : 2022 to 2027 (20 May 2022 to 19 May 2027)”. Step 5: “Common Application Form” will be open. Enter all the details in required input fields and upload all the mandatory documents. Step 6: After successful entry of the information, verify all the details and click on the “Submit” button to complete the application process. > Helpdesk: District Industries Centre, Contact No.: 0260-2260871 / 0260-2260310 E-mail Address: dic-dd@nic.in For Technical Assistance on Single Window Portal (i.e. https://investdd.in) Contact No. : 0260-2231885 / 2231886 E-Mail : ddegs-dd@nic.in

Required Documents

Corporate Identification Number (CIN) Document.
Taxpayer Identification Number (TIN) Document.
Permanent Account Number (PAN) Document.*
Goods and Services Tax Number (GST) Document.
Other Registrations Document.
Copy of Udyam Registration /Industrial Entrepreneur Memorandum, as applicable.
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.
Copy of land purchase deed duly signed by the applicant (If the Enterprise is functioning in its own land).
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).
Copy of sanction order from Electricity Department for power supply with copy of the latest bill.
Authorization letter.
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) .
Copy of Factory licensee.
Undertaking .

FAQs

Under what conditions will assistance be provided under this scheme?

Assistance will be given only for projects implemented and commenced during the operation period of Scheme.

When will the assistance be disbursed according to the policy on the installation of equipment as per the audit report?

Assistance will be disbursed only after submission of Certificate from Energy / Water auditors regarding installation of equipments as per audit report.

What condition must be met for assistance on the cost of equipment to be eligible?

The assistance on cost of equipment will be eligible subject to the condition that saving in Energy / Water is reduced by a minimum of 20% of average monthly consumption of previous 12 months before audit.

What happens to the benefit of the incentive if a newly setup enterprise is sold or transferred to a new owner within the first five years of its establishment?

If a newly setup enterprise is sold or otherwise transferred to a new owner during the period of five years, the benefit of the incentive shall be available to such transferee or the new owner, only for the unexpired portion.

What is the definition of Expansion/ Diversification?

Expansion/Diversification means where an existing / New Enterprise increases its investment by at least 50% (out of which at least 60% of investment is made in plant and machinery for which expansion is carried out) of its existing Gross Fixed capital investment on the date of initiating expansion and compared with the date of commencing production during the operative period of the scheme. Only one Expansion / Diversification will be eligible for assistance during the operative period of the Scheme.

What measures are in place to prevent misuse of the subsidy scheme?

Strict guidelines, documentation requirements, and verification procedures are in place to ensure that subsidies are availed by eligible enterprises for genuine purposes only.

What is the operative period of the scheme?

The operative period of scheme is from 20.05.2022 till 5 years that is 19.05.2027.

If an enterprise is established in 2023 and becomes eligible for the scheme what would be the time period in which benefits are applicable?

The enterprise can avail benefit commencing from date of production till 5 years even if that period falls beyond operative period.

How can an eligible unit apply to get the benefits of the scheme?

The eligible unit can apply by visiting single window portal website which is “swp.dddgov.in”, and once page pops-up the user have to go to departments tab and select district industries tab under which the user have to click on apply for investment promotion scheme: 2022 to 2027.

If a manufacturing unit is eligible under more than one scheme then can it select the scheme which allows most benefits?

Yes. The unit can select any one scheme to avail benefits if it comes under the eligibility of more than one scheme. However, units cannot apply for benefits for the similar subsidy in multiple schemes and can apply in schemes which are complementary in nature.

What are dedicated industrial parks?

Dedicated industrial parks are mentioned in food processing incentives where an additional 10% will be accorded to food processing units setup in industrial parks having only food processing industries.

What is the deadline for an enterprise to submit the application through the online portal?

The enterprise shall have to apply within a year from the date of issue of the certificate.