Infrastructure Subsidy
The Infrastructure Subsidy in Puducherry offers financial support for investments in large-scale industrial infrastructure.
Key facts
| Benefit | 25% subsidy up to ₹1 crore |
|---|---|
| Who | Infrastructure developers, industrial units |
| How paid | Yearly installments |
| Implemented by | Industries and Commerce Department, Puducherry |
| Official portal | http://www.py.gov.in |
| Application window | Apply within one year of project commencement |
Benefits
Beneficiaries can receive a subsidy of 25% on their investment, capped at ₹1 crore, disbursed in annual installments. This financial assistance supports the development of infrastructure for IT and biotechnology sectors.
Who can apply
- For: infrastructure developer, industrial unit
- owns cultivable land
Eligible applicants include infrastructure developers and industrial units that own cultivable land and have made investments in buildings of at least 50,000 sq. ft. for IT or biotechnology industries. Exclusions may apply to those who do not meet the minimum area requirement or have not made investments post July 31, 2006.
How to apply
Applications must be submitted offline using the prescribed form available from the Directorate of Industries and Commerce, Puducherry.
- Register the claim for the subsidy in the prescribed form from the official website.
- Complete all mandatory fields in the application form and attach required documents.
- Submit the filled application form and documents to the relevant authority.
- Request a receipt or acknowledgment upon submission, ensuring it includes essential details.
Documents required
- Entrepreneurs Memorandum Part-2 (UAM/ PMT) Registration/ Commencement of Production Certificate
- Caste certificate from the competent authority in the case of Scheduled Caste/Scheduled Tribe (SC/ST) Entrepreneurs
- Loan Sanction Letter
- Registered Land Document
- Plan Approval from the Pollution Control Board (PPA)
- Engineer’s Certificate for Building Valuation Assessed by Public Works Department (PWD)/Pondicherry Industrial Promotion Development and Investment Corporation (PIPDIC)
- Registered Lease Agreement for the Building Executed Between the Developer and the Unit
- Purchase Invoices for Plant & Machinery/ Pollution Equipment/ Generator
- Chartered Accountant Certificate for the Investment in Fixed Assets / Pollution Control Equipment / Generator
- Certificate for the Installation of Pollution Control Equipment Obtained from the Directorate of Sustainable Technologies and Environmental (DSTE)
- Air/Water Consent Orders Obtained from DSTE
- Notary Affidavit
Common problems and how to fix them
| Problem | What to do |
|---|---|
| Application rejected | Ensure all mandatory fields in the application form are filled and all required documents are attached. |
| Payment not received | Check with the concerned authority for the status of your application and ensure you have a receipt of submission. |
Frequently asked questions
What is the minimum investment area required for eligibility?
Infrastructure developers must invest in buildings with a minimum constructed area of 50,000 sq. ft. for IT or biotechnology industries.
When must the investment in buildings be made to qualify for the subsidy?
Investments must be made on or after July 31, 2006, to be eligible for the Infrastructure Subsidy.
What types of industries qualify as 'IT industries' under this scheme?
'IT industries' include manufacturers of computer systems, software, IT-enabled services, BPO, and KPO.
What documents are required to apply for the Infrastructure Subsidy?
Required documents include the Entrepreneurs Memorandum, caste certificate (if applicable), loan sanction letter, land documents, and various certificates related to building and pollution control.
Is there a deadline for submitting the application?
New units must apply within one year of obtaining the Entrepreneurs Memorandum, while existing units have one year from completing expansion or modernization.
Always confirm the latest details on the official portal before applying.
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