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
Route · /scheme/is-mesifai

IS-MESIFAI

"Interest Subsidy" under "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries"
PuducherryBusiness EntityState/ UTNo start date
myScheme’s own wording, reproduced in full. Where it is thin, that is the finding, and the completeness checks are below.

What this is

The industrial units which have availed loans from financial institutions towards the creation of fixed assets and for working capital shall be eligible for an interest incentive to an extent of 25% of the annual interest amount paid. The applications are accepted offline.

In detail

The "Interest Subsidy" is a Component of the "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries" Scheme by the Industries and Commerce Department, Union Territory of Puducherry. The industrial units which have availed loans from financial institutions towards the creation of fixed assets and for working capital shall be eligible for an interest incentive to an extent of 25% of the annual interest amount paid. The applications are accepted offline in the prescribed form available on the Official Website of the Department.

Who qualifies

  • The industry should be set up by SC/ST/Women/ Entrepreneur OR The industry should be a "Thrust Area Industry" or an "IT Sector Industry".
  • The industrial unit should have availed of a loan from a financial institution towards the creation of fixed assets and working capital.
  • The industry should have commenced production on or after 2-8-2004.

OR

  • The industry should be set up by SC/ST/Women/Physically Handicapped/Ex-Servicemen Entrepreneur OR The industry should be a "Thrust Area Industry" or an "IT Sector Industry".
  • The industry should have availed the loan on or after 24-8-2011 from a financial institution towards the creation of fixed assets and working capital.
  • The industry should have commenced production on or after 24-8-2011.

*The "Financial Institution" mean and includes PIPDIC, or any other Government Corporation, Scheduled Banks including Co-operative Banks and Government Co-operative Societies.

What you get

> For industry set up by SC/ST/Women entrepreneurs, that commenced production on or after 2-8-2004

  • An interest incentive to an extent of 25% of the annual interest amount paid for five years which shall be admissible from the date of commencement of commercial production.
  • The maximum amount of interest incentive admissible to each industry shall not exceed ₹75,000/- in any financial year.

> For the industry set up by SC/ST/Women/Physically Handicapped/Ex-Servicemen entrepreneurs, that commenced production on or after 24-8-2011

  • 25% interest subsidy subject to a maximum of ₹5,00,000/- per annum for a period of 5 years.

*The incentive will be paid through the financial institution.

Listed by myScheme
Documentation completeness
6 of 9 checks passed
Checks are about the record,
not about the scheme.
✓
Eligibility published here982 characters
✓
Benefit amount published hereamount or quantity stated
✓
Description more than a name273 characters
✗
Implementing agency published herefield absent from the record
✓
How to apply published hereoffline mode declared, no URL needed
✗
Start date published herenot published
✗
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
schemeName"Interest Subsidy" under "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries"myScheme · 2026-09-02
schemeOpenDate...not published at source
schemeCloseDate...not published at source
nodalMinistryName...myScheme · 2026-09-02
dbtSchemeFalsemyScheme · 2026-09-02
achievement data...no source publishes this for any central scheme