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of <h1>Amendment to Capital Investment Subsidy Scheme Redefines Eligibility for Service Sectors, Biotech, and Power Industries.</h1> The amendment to the Central Capital Investment Subsidy Scheme, 2007, introduces new definitions and eligibility criteria for subsidy claims. It classifies service sectors, biotechnology, and power generation industries as industrial units, determining their subsidy eligibility based on operational commencement. Specific components and costs for hotels, adventure sports, nursing homes, old age homes, vocational training institutes, biotechnology, and power generation are detailed for subsidy calculation. Transactions must be certified by professionals, adhere to CPWD norms, and comply with relevant laws. Subsidy claims require operational status verification and are subject to scrutiny by NEDFi and State Government inspections.
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