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Objective
- To assist micro manufacturing enterprises reduce their financial burden of plant and machinery procurement.
Key Benefits
- Additional Capital subsidy 10% for micro enterprises on the investment made in plant and machinery value, subjected to a maximum of Rs.5.00 lakh.
Eligibility Criteria
- The applicant should be a new micro manufacturing enterprise (or) a micro manufacturing enterprise going in for expansion/ diversification.
- Time limit for filing application: Within 1 year from the date of commencement of commercial production.
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