Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
2010-12-16

Cabinet okays demand for MSMEs in J&K

The government today decided to double subsidy for micro, small and medium enterprises (MSMEs) in Jammu and Kashmir, at par with North Eastern states.

The government today decided to double subsidy for micro, small and medium enterprises (MSMEs) in Jammu and Kashmir, at par with North Eastern states.

The decision to modify the Central Capital Investment Subsidy Schemes for J&K was taken at a cabinet meeting in New Delhi. The capital investment subsidy for the MSMEs in the state will be enhanced to 30 per cent of the investment on plant and machinery, according to an official release. Also, these units both in J&K and NER will now be eligible to claim subsidy each time they undertake expansion as long as the total investment on plant and machinery does not exceed the prescribed ceilings.

The limit for units in the manufacturing sector is Rs 10 crore and for the services sector Rs 5 crore.

Related opportunities
  • About Us: Leayan Global Pvt. Ltd, the fast growing part of..
    Locations looking for expansion Delhi
    Establishment year 1997
    Franchising Launch Date 2019
    Investment size Rs. 20lac - 30lac
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Quick Service Restaurants
    About Us: Pune’s most authentic South Indian Restaurant since 2014!! Founded in..
    Locations looking for expansion Delhi
    Establishment year 2014
    Franchising Launch Date 2019
    Investment size Rs. 20lac - 30lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Juices / Smoothies / Dairy Parlors
    About Us: Ministry of Thickshakes is posed to be a leading..
    Locations looking for expansion Andhra pradesh
    Establishment year 2017
    Franchising Launch Date 2017
    Investment size Rs. 20lac - 30lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Shaikpet Andhra pradesh
  • Quick Service Restaurants
    About Us: Wrap It Up, Headquartered in the United Kingdom is..
    Locations looking for expansion Delhi
    Establishment year 2004
    Franchising Launch Date 2006
    Investment size Rs. 30lac - 50lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts