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    Inclusivity Officials
    Jan 2 nd, 2018
    MSME State Policies-STATES AND LOCAL ASSISTANCE No Comments

    MSME Policy Of Andhra Pradesh

    IN FINANCIAL SECTOR

    1. Investment subsidy (15%, limited to Rs. 20,00lakhs)
    2. Tax incentives (reimbursement of 100% VAT/CST or SGST for 5years to Micro; 50% to Small; 25% to Medium [and Large])
    3. Facilitate revival/rehabilitation of sick MSMEs (through DICs)
    4. Interest rate reimbursement (Pavali scheme on Prime Lending Rate on term loan to extent of 9% over and above 3%, for 5years)
    5. Popularize collateral free loan scheme(measures to enhance loan rendering capacity of banks)
    6. Loans (provided by APSFC in line with Commercial banks under SIDBI)
    7. Revival & Rehabilitation of sick industries
    Andhra Pradesh MSME

    SUPPORTING INSTITUTIONS/INITIATIVES:

    1. Entrepreneurship and skill programmes (e.g. through DIC)
    2. Tech upgradation (e.g. Technology Facilitation Cell, Tech Development Fund)

    MARKETING / COMPANY LEGITIMACY:

    1. Free Tender Forms
    2. Exemption from paying Earnest Money Deposit and Security Deposit
    3. Bill discounting facility
    4. 10% price preference for Micro and Small over L1
    5. Reimbursement of cost of quality certification / patent registration (@50% limited to Rs. 2.00 lakhs)
    6. Platforms for interaction between MSMEs and potential domestic and global markets (through trade fairs, road shows)
    7. Encourage SME participation in national and international business fairs, exhibitions, and international delegations
    8. Facilitation Council to redress problems faced by MSEs in marketing products
    9. Permanent Exhibition to display MSME products

    RESEARCH/ INFO DISSEMINATION:

    1. Comprehensive info on policies/ schemes (through DIC)
    2. Project profiles on viable activities (through DIC)
    3. District-wide detailed plains (through DIC)
    4. Study sectors to identify technological gaps and create action plans

    SC/ST

    1. 100% Reimbursement of Stamp Duty and transfer duty on land purchase meant for industrial use (100% Reimbursement of Stamp and Transfer duties)
    2. Lease of Land/Shed/Building (100% Reimbursement of Stamp Duty)
    3. Reimbursement of25% Land Conversion charges for industrial use (limited to Rs 10,00 lakhs)
    4. Seed capital assistance to First Gens to set up Micro (@10% of machinery cost)
    5. 50% of cost of infrastructure raised to 75%
    6. Plot allocation (162% of # of plots to SC, 6% to ST in new Industrial estate; preferential allotment in Existing estates)
    7. Fixed Capital investment, 35% subsidy
    8. Land Cost in IEs/IDAs rebate (33.33% limited to Rs 10.00 lakhs)
    9. Power cost reimbursement (Rs 1.00 per unit, 5 yrs)
    10. Capital for tech upgradation , 8% subsidy (limited to Rs 50.00 lakhs)
    11. Quality certification/ Patent registration expense, 50% subsidy (limited to Rs 2.00 lakhs)

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