25% Capital Investment Subsidy Scheme
The 25% Capital Investment Subsidy Scheme supports entrepreneurs in Lakshadweep with a one-time subsidy for small enterprises.
Key facts
| Benefit | 25% of total enterprise cost, max ₹6.25 lakh |
|---|---|
| Who | Entrepreneurs aged 18+, residents of Lakshadweep |
| How paid | One-time subsidy |
| Implemented by | Department of Industries, Lakshadweep |
| Official portal | lakshadweep.gov.in |
| Application window | Annual window — confirm dates on the official portal |
Benefits
Eligible entrepreneurs receive a subsidy covering 25% of the total enterprise cost, up to a maximum of ₹6.25 lakhs. This financial assistance aims to promote micro and small enterprises in Lakshadweep.
Who can apply
- Age 18+
- For: entrepreneur
- Resident of Lakshadweep
- not income tax payer
- no government employee in family
- poor household
Individuals aged 18 and above, including women, ex-servicemen, and the physically handicapped, can apply. Applicants must not be income tax payers, have no government employees in their family, and belong to poor households. Those who have received subsidies from other institutions for the same purpose are excluded.
Who is not eligible
- Individuals receiving other subsidies for the same purpose
- Government employees in the family
- Income tax payers
How to apply
Applications must be submitted offline to the relevant authorities in Lakshadweep.
- Check for scheme announcements on the Lakshadweep website or through local Panchayat Raj Institutions.
- Complete the application form as per the guidelines from the Department of Industries.
- Submit the application along with required documents to the concerned Deputy Collector or Sub-Divisional Officer.
- The Island Level Committee will verify the application and inspect the unit.
- The committee will forward the verified claims to the Director of Industries for final approval.
Documents required
- Photocopy of the Aadhaar Card
- Caste certificate
- Bank account details
- Certificate of physically handicapped, if applicable
- Certified copy of the Age of Entrepreneurs
- Certified copy of the ownership certificate of land and building
- Plan & cost of the building certified by the Assistant Engineer (Civil)
- Agreement/Bond on non-judicial stamp paper worth ₹100
Common problems and how to fix them
| Problem | What to do |
|---|---|
| Application rejected | Ensure all required documents are submitted and meet eligibility criteria. |
| Payment not received | Check with the Department of Industries for application status and any pending verifications. |
Frequently asked questions
Who is eligible to apply for this scheme?
Individuals over 18 years old, including women and ex-servicemen, can apply, provided they meet specific criteria regarding income and family employment status.
What documents are required for the application?
Applicants need to provide a photocopy of their Aadhaar card, caste certificate, bank account details, and other relevant documents as specified by the scheme.
Is there a limit on the subsidy amount?
Yes, the subsidy is limited to 25% of the total enterprise cost, with a maximum cap of ₹6.25 lakhs.
Can I apply if I have received subsidies from other schemes?
No, individuals who have availed subsidies from other institutions for the same purpose are not eligible for this scheme.
What types of enterprises are eligible for the subsidy?
Micro and small enterprises engaged in manufacturing or servicing, excluding those in the negative list, can apply for the subsidy.
How is the application process conducted?
The application process is offline, requiring submission to local authorities, followed by verification and inspection by designated committees.
Always confirm the latest details on the official portal before applying.
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