PSI-2019 Scheme : Brief Information
Package Scheme of Incentives – 2019
Industries, Energy & Labour Department of Government of Maharashtra has declared Package Scheme of Incentives – 2019 (called as PSI-2019) with following broad features :
- Barring some industrial activities, subsidy benefits to almost all types of manufacturing activities.
- Subsidy benefits to all types of business constitutions (including Public Sector Enterprises)
- Subsidy benefit in the form of : a. stamp duty exemption, b. reimbursement of SGST, c. interest paid on term loan, d. power tariff subsidy, e. exemption of electricity duty, f. technology upgradation related subsidy & other many more types of subsidies.
- Eligibility of unit related to location of unit : Units located in lesser & lesser industrially developed area, higher will be the subsidy benefits & vice-versa.
- Special focus on development of identified thrust sector industries & additional subsidy package for the same.
- Special subsidy package for units eligible under Women Entrepreneurs Policy.
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