Amendment Notification No. 1(11)2002-NER, dated the 22 Oct, 2002 in regard to the Central Capital Investment Subsidy Scheme, 2002 - No. 1 (5)/2010-SPS - Indian Law
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Capital investment subsidy for MSMEs introduced, with sectoral ceilings and higher approvals subject to an Empowered Committee review. The amendment defines Micro, Small and Medium Enterprises by reference to section 7(1) of the MSME Development Act, 2006, and provides that MSME industrial units commencing operation on or after 6 January 2011 shall receive a capital investment subsidy on investment in plant and machinery for new units and for substantial expansions. The subsidy is subject to sectoral ceilings and an automatic approval limit; amounts above the automatic limit up to the ceiling will be decided by an Empowered Committee whose composition is specified. Benefits apply until the scheme's operation end date for Jammu & Kashmir.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Capital investment subsidy for MSMEs introduced, with sectoral ceilings and higher approvals subject to an Empowered Committee review.
The amendment defines Micro, Small and Medium Enterprises by reference to section 7(1) of the MSME Development Act, 2006, and provides that MSME industrial units commencing operation on or after 6 January 2011 shall receive a capital investment subsidy on investment in plant and machinery for new units and for substantial expansions. The subsidy is subject to sectoral ceilings and an automatic approval limit; amounts above the automatic limit up to the ceiling will be decided by an Empowered Committee whose composition is specified. Benefits apply until the scheme's operation end date for Jammu & Kashmir.
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