The Schemes Register Indian government scheme data · and what is missing from it
Last complete collection today ·snapshot 2026-09-02 · 4,771 of 4,772 records · 48/48 pages ·verdict COMPLETE ·2 snapshot(s) held
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IPSFACI

Investment Promotion Scheme (IPS) For Cottage Industries: Financial Assistance To Cottage Industries
Dadra & Nagar Haveli and Daman & DiuIndividualBusiness EntityIndustriesState/ UTOpen since 2015-07-03
myScheme’s own wording, reproduced in full. Where it is thin, that is the finding, and the completeness checks are below.

What this is

“Financial Assistance To Cottage Industries'' under the “Investment Promotion Scheme (IPS)”, implemented by the Dept. of Industries, U.T. Administration Of DNH & DD, aims to provide financial assistance to Cottage Industries on the term loan taken through banks.

In detail

The scheme “Financial Assistance To Cottage Industries” is a sub scheme under the “Investment Promotion Scheme (IPS)” for Cottage Industries. It was launched on 3rd July, 2015 for a period of five years by the Dept. of Industries, U.T. Administration Of Dadra & Nagar Haveli And Daman & Diu. Now it has been extended further from 20th May, 2022 and shall be operative till 19th May, 2027.

> Objective of the "Investment Promotion Scheme (IPS)”:

The scheme envisages to provide incentives and assistance to the MSME Sector in order to nurture them and protect them from market vagaries thereby making them vibrant and successful. therefore making the U.T. a Special Hub for the MSME sector; maximize Women participation in the business sector, reduce unemployment among the local residents and incentivize the industries to employ resident laborers etc.

> Objective of the "Financial Assistance To Cottage Industries" Sub-scheme:

Under this scheme, financial assistance shall be provided to Cottage Industries on the term loan taken through Nationalized Banks, Cooperative banks, Public sector Banks or Private Banks.

Who qualifies

  • The applicant should be associated with Cottage Industry.
  • The applicant should be above 18 years of age.
  • The applicant should have passed minimum standard Four (IV).
  • The applicant should have undergone training for minimum one month from Government of India recognized Institutes, in the area of the proposed business.

Or,

The applicant should have experience of minimum 1 year in the same activity

Or

The applicant should be hereditary craftsperson.

What you get

  • Rate of Capital Subsidy: 25% of the term loan amount for setting up of the Cottage Industry up to a maximum of ₹5,00,000/-.
  • Rate of Interest Subsidy: 50% of the Interest charged by Bank or NBFC or Cooperative Bank shall be reimbursed up to a period of 5 years from the date of commencement of Production.

Note:

  • 10% additional capital subsidy shall be provided to Scheduled Castes/ Scheduled Tribes / Women/ Differently abled having 30% or more disability.
  • Maximum limit of the Bank Loan should be ₹20,00,000/-.
Listed by myScheme
Documentation completeness
6 of 9 checks passed
Checks are about the record,
not about the scheme.
Eligibility published here469 characters
Benefit amount published hereamount or quantity stated
Description more than a name262 characters
Implementing agency published herefield absent from the record
How to apply published hereno URL and no offline mode declared
Start date published here2015-07-03
End date published hereno end date recorded, so indefinite by omission
Stored links well-formedall parse
Not expired while still listedno end date
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Provenance

Every field above, and where it came from
schemeNameInvestment Promotion Scheme (IPS) For Cottage Industries: Financial Assistance To Cottage IndustriesmyScheme · 2026-09-02
schemeOpenDate2015-07-03myScheme · 2026-09-02
schemeCloseDate...not published at source
nodalMinistryName...myScheme · 2026-09-02
dbtSchemeFalsemyScheme · 2026-09-02
achievement data...no source publishes this for any central scheme