DEPARTMENTAL FUNCTIONAL ACTIVITIES:
TS-iPASS Act (Telangana State Industrial Project Approval and Self Certification System Act 2014)
- Speedy processing for the issue of various licenses/clearances and certificates required for setting up of the industries.
- Self-certificate by the Entrepreneur to be accepted by all the line departments for the purpose of issue of licenses.
- Arranging all types of clearances within 30 days of receipt of application in full shape.
- Deemed approvals are given in respect of clearances not issued within the stipulated time period.
T-PRIDE(Telangana State Programme for Rapid Incubation of Dalit Entrepreneurs) Incentives Scheme.
Special Incentive package for SC/ST Entrepreneurs.
- Investment Subsidy @35% for men and @45% for women limited to Rs.75 Lakhs for Micro and Small Enterprises.
- Reimbursement of SGST 100% for Micro, Small Enterprises for a period of 5 years.
- Reimbursement of Stamp duty, Transfer duty 100%.
- Power cost reimbursement Rs.1.50 per unit for a period of 5 years.
- Interest Subsidy under pavala vaddi for Micro, Small Enterprises 9% for a period 5 years.
- The land will be allotted to SC/ST Entrepreneurs in TSIIC’s in proportion to their population.
- Land allotted in Industrial Estates on a leased basis for a period of 33 years with lease rent @Rs.100/- per annum per acre.
- 33 1/3% rebate in Land Cost limited to Rs.10 Lakhs in Industrial Estates and Industrial Parks.
- 100% rebate in land conversion charges.
- Seed capital assistance to first generation Entrepreneurs.
- Online website for filing of application http://ipass.telangana.gov.in
T-IDEA(Telangana State Industrial Development and Entrepreneur Advancement Incentives Scheme)
- Investment Subsidy @ 15% for men limited to Rs.20 Lakhs and @25% for women limited to Rs.30 Lakhs for Micro and Small Enterprises.
- 100% Reimbursement of SGST for a period of 5 years for Micro and Small Enterprises.
- 100% Reimbursement of Stamp duty/Transfer Duty/Mortgage duty for Micro and Small Enterprises.
- Power cost reimbursement @Rs.1.00 per unit for a period of 5 years.
- 100% rebate in land conversion charges.
- Seed capital assistance to first generation Entrepreneurs.
- Interest Subsidy for Micro and Small Enterprises @9% for a period of 5 years.
- Online website for filing of application http://ipass.telangana.gov.in
PMEGP(Prime Minister’s Employment Generation Programme)
- Self Employment for eligible Rural and Urban people for establishing new projects (Servicing and Manufacturing only).
- Eligibility 18 years of age no income ceiling.
- Maximum project cost for manufacturing Sector projects is Rs.25 Lakhs and Servicing Sector Projects is Rs.10 Lakhs.
- Educational Qualification for Rs.5 Lakhs and above for servicing sector and Rs.10 Lakhs and above for the manufacturing sector is a minimum 8th class pass.
- Subsidy for Urban area for general category @15%, Rural area @25% and special categories Female/SC/ST/BC/Minorities/PHC/Ex-Servicemen in Urban area @25% in Rural area @35%.
- Implementation agencies DIC/KVIC/KVIB/Banks.
- Online application website http://kviconline.gov.in/pmegpeportal