Package Scheme of Incentives, 2019
Key highlights
- Attractive Capital Subsidy: Industries can avail incentives ranging from 25% up to 100% of Fixed Capital Investment (FCI) depending on location & category.
- Focus on Balanced Regional Growth: Higher benefits for units in backward / developing regions (Vidarbha, Marathwada, D+, Naxal & Aspirational districts).
- Wide Coverage: Applicable to new, expansion & diversification projects across manufacturing, MSME, IT, biotech, and agro-processing sectors.
- Defined Policy Window: Scheme operative from 1 April 2019 to 31 March 2024, ensuring time-bound investment planning.
- Extra Edge Incentives: Additional benefits for agro-processing, green energy, Industry 4.0 projects, with potential support up to 100% of eligible investment.
