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of <h1>Central Interest Subsidy Scheme 2007 Amended: Service, Biotech, and Power Sectors Now Eligible for Subsidies.</h1> The Central Government has amended the Central Interest Subsidy Scheme, 2007, to include service sectors, biotechnology, and power generation industries as 'industrial units' for subsidy eligibility. The amendment specifies that the operational date for these non-manufacturing units will be considered as the date of commercial production commencement. It outlines eligible costs for subsidy calculation, such as construction and equipment costs, excluding land and consumables. The notification mandates that all transactions must be documented and certified by professionals, and units must comply with relevant laws and guidelines. Disputes over essential items will be resolved by the Department of Industrial Policy and Promotion.
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