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Incentives announced for MSMEs in Maharashtra

16/1/2014

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Maharashtra Govt. acting through its nodal agency MIDC has recently announced few crucial measures for the growth of Micro, Small & Medium Enterprises (MSME)  

50% discount in Land Rates

Under Maharashtra Government's MSE-CDP Small & Medium scale industries will get 50 % concession in official Land rates of MIDC for Land area upto 5000 sq.m.

and under Central Govt.'s IIUS scheme, MSEs will get similar concessions for Land area upt0 2000 sq.m.


10% of Land in New Industrial Area 

10% land of the MIDC's newly acquired or planned Industrial area will be reserved for MSE sector. 5% of this reserved area would be for Female Entrepreneurs, Entrepreneurs from Scheduled tribes and Businesses promoted by Female Self-Help Groups.


To download detailed Circular click here

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