Application for Sanction of incentives and concessions on Investment proposals under Textile policy upto 25 lakhs only.(Credit Linked Capital Subsidy(NJN) service).
Documents to be submitted with the application:
a) Application in the prescribed form (in duplicate) – (Common Application Form A if registered)
b) Copy of Entrepreneur Memorandum from DIC/ MSME Certificate (Udyog Aadhar).
c) Detailed Project Report
d) Copy of Land and Power related documents viz. (Katha Extract, NA conversion, Power Sanction order, Land Allotment letter, possession letter).
e) Applicant Declaration as per Annexure 1
f) Statement of Fixed Assets in the prescribed format certified by the Unit – (Annexure 2)
g) Investment Certificate issued by the Bank or financial institution – (Annexure 3)
h) Copies of receipts / bills / vouchers etc. in respect of the payments made towards investment.
i) Copy of the loan sanction order of the concerned bank/ financial institution.
j) Government approved/ registered Engineers / Architect’s Certificate in the prescribed format regarding investment made on Construction of Building – (Annexure 5)
k) Investment Certificate in the prescribed format issued by Chartered Accountant – (Annexure 6)
l) Certificate from Bank / FI stating Loan details in the prescribed format – (Annexure 7)
m) Copy of First Sale Invoice
n) Form of declaration regarding employment of local persons– (Annexure9)
o) Copy of registered partnership deed / Memorandum and Articles of Association/ byelaws
p) Copy of Caste certificates in respect of SC/ST/Minority and appropriate certificate/ documents in respect of physically challenged/ Ex-servicemen entrepreneurs duly signed by the Competent Authority
q) Recommendation from District Officers and Division Officers (Annexure 11)
r) Any other document requested by the Department needs to be submitted by the project proponent
Application Fee :
NIL
Service Charge (Grama one| B1| K1) : NIL
Service Time(Days) : NIL
All the new / expansion / diversification/ modernization textile & garment units in which investments have been made by availing 50% term loans on eligible fixed assets from financial institutions are eligible to claim the subsidy.