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/mefarsi

MEFARSI

Motivation of Entrepreneurs and Financial Assistance for Rehabilitation of Sick 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

Through this scheme, the cost of implementing suggestions given by the experts in the field of technology, marketing and finance engaged to advise sick units is reimbursed. 50% subsidy towards the cost of diagnostic study by technical institutions initiated through Financial Institutions/Banks/etc.

In detail

“Motivation of Entrepreneurs and Financial Assistance for Rehabilitation of Sick Industries” is a scheme by the Industries and Commerce Department, Union Territory of Puducherry. Through this scheme, the cost of implementing suggestions given by the experts in the field of technology, marketing and finance engaged to advise sick units is reimbursed. Also, a 50% subsidy is provided towards the cost of diagnostic study by technical institutions initiated through Financial Institutions/Banks/etc. The applications are accepted offline in the prescribed form available on the Official Website of the Department.

Who qualifies

  • The applicant should be MSME unit those who have obtained UAM/EM(Part-ll)/Permanent Registration.
  • The applicant should be a "Sick" Industrial Enterprise. "Sickness" is defined as follows at present and shall be revised as per RBI guidelines from time to time:
  • Continuous decline in gross output compared to the previous two financial years.
  • Delay in repayment of loan, taken from institutional sources, for more than 12 months.
  • Erosion in net worth due to the accumulated losses to the extent of 50% of the net worth during the previous accounting year.
  • Other firms taking over a sick unit for rehabilitation will also be eligible.

What you get

  • Subsidy @ 50% on the cost of diagnostic study by technical institutions initiated through Financial Institutions/Banks/Government with a maximum of ₹50,000/-.
  • 50% of fees (maximum ₹50,000/- per unit) will be reimbursed on implementing suggestions given by the experts in the field of technology, marketing and finance engaged to advise sick units.
  • Interest subsidy @ 5% per annum limited to ₹3,00,000/- per year for 3 years on additional finance disbursed by Banks/Financial Institutions for Rehabilitation.

*The interest subsidy will be paid through the financial institution.

*The financial institution shall mean and include PIPDIC or any other Government Corporation, Scheduled Banks including Co-operative Banks.

Listed by myScheme
Documentation completeness
6 of 9 checks passed
Checks are about the record,
not about the scheme.
✓
Eligibility published here675 characters
✓
Benefit amount published hereamount or quantity stated
✓
Description more than a name299 characters
✗
Implementing agency published herefield absent from the record
✓
How to apply published hereoffline mode declared, no URL needed
✗
Start date published herenot published
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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
schemeNameMotivation of Entrepreneurs and Financial Assistance for Rehabilitation of Sick IndustriesmyScheme · 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