Capital investment subsidy for North East industrial projects with eligibility, disbursement and compliance mechanisms clarified. The Scheme provides a Capital Investment Subsidy for eligible new units and substantial expansions in the North Eastern Region, covering certain service activities, biotechnology and power projects. Eligibility requires pre registration and defined 'effective steps'; subsidy is calculated on plant and machinery with specified inclusions and exclusions. NEDFi is the designated disbursing agency acting on State Level Committee, Empowered Committee or Union Cabinet recommendations; higher subsidy proposals follow specified approval routes. Disbursement rules, security arrangements with financiers, utilisation certificates, annual reporting and recovery for misrepresentation or cessation of production are mandated, with oversight by a High Level Monitoring Committee.
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Capital investment subsidy for North East industrial projects with eligibility, disbursement and compliance mechanisms clarified.
The Scheme provides a Capital Investment Subsidy for eligible new units and substantial expansions in the North Eastern Region, covering certain service activities, biotechnology and power projects. Eligibility requires pre registration and defined 'effective steps'; subsidy is calculated on plant and machinery with specified inclusions and exclusions. NEDFi is the designated disbursing agency acting on State Level Committee, Empowered Committee or Union Cabinet recommendations; higher subsidy proposals follow specified approval routes. Disbursement rules, security arrangements with financiers, utilisation certificates, annual reporting and recovery for misrepresentation or cessation of production are mandated, with oversight by a High Level Monitoring Committee.
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