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CENTRAL INTEREST SUBSIDY SCHEME, 2012

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..... trial units in notified areas as per Annexure-I and also to specified Thrust Industries outside the notified areas as per Annexure-II. 'New Industrial Unit' means an industrial unit which commence commercial production/operation on or after 15th June 2012. 4. However an industrial unit in Textile sector in Jammu Kashmir would have choice to apply for subsidy either under "Technology Upgradation Fund Scheme" (TUFS) of Ministry of Textile or under the Special Package administered by DIPP. 5. Extent of admissible subsidy: All eligible industrial units in the state of Jammu Kashmir shall be given an interest subsidy to the extent of 3% on the average of actual daily Working Capital loan given to them by the Scheduled Banks or .....

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..... /brewing of alcoholic drinks and manufacture of branded soft drinks and its concentrates. ( ii ) Weapon or ammunition. ( iii ) Pan Masala as covered under Chapter 21 of the First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986). ( iv ) Plastic Carry bags of less than 20 microns as specified by Ministry of Environment Forests Notification No. S.O. 705(E) dated 2-9-1999 and S.O.698(E) dated 17-6-2003. 10. Designated Agency for disbursement of Subsidy: Jammu Kashmir Development Finance Corporation (JKDFC) shall be the designated agency for disbursement of interest subsidy on the basis of the recommendation of the state Government. JKDFC wil .....

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..... ge the location of the whole or any part of the industrial unit or effect any substantial contraction or disposal of a substantial part of its total fixed capital investment within a period of 5 years of receiving a part or the whole of the grant or subsidy under the scheme without taking prior approval of the Ministry of Commerce Industry, Department of Industrial Policy Promotion/State Government/JKDFC. 15 . 100% physical verification of the actual establishment and working status of each of the units availing subsidy under the scheme will be done by State Government through District Industries Centres. Districts Industries Centres shall submit annual report to the Directorate of Industries and JKDFC about the functionality of the .....

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..... Pulwama TakiaRazak Shah Tral Khrew near Khanmoh 03. Kulgam AshmujiKulgam MalwanKulgam Kulgam Phase II 04. Budgam Rangreth Phase-II Ompora 05 Kupwara Chotipora (Handwara) Radbugh 06. Shopian Aglar 07. Baramulla BangilTangmarg 08. Leh Phyang Khaltsi 09. Kargil Khrbathang (Changrathang) List of Industrial Estates Jammu Division Sl. No. Name of District Name of Identified Estate 01. Jammu Digiana Jammu Cantt. Gangyal Birpur Baribrahmna EPIP Kartholi Akhnoor 02. Samba Samba IGC .....

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..... ng and Leather goods. 3. Tissue culture and Mushroom culture, Compost making , Dairy farming. 4. Silk reeling, yarn and yarn spun from silk waste, Woven fabrics of silk or silk waste. 5. Wool and woven fabrics of wool, Manufacturing of woolen blanket. 6. Woven fabrics of cotton. 7. Floriculture , Processing of Aromatic and medicinal plant, Green house. 8. Computer hardware /Electronics (integrated circuit and micro assemblies). 9. Sports goods and articles and equipment for general physical exercise. 10. Auto ancillaries . 11. Exploration of minerals and minerals based indu .....

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..... minee of DIPP Member 8. President, Federation Chamber of Industries, Member 9. Chairman, Federation of Industries, Jammu, Member *As applicable Annexure-IV Proforma Certificate cum Recommendation of Scheduled Banks/Central or State Financial Institutions. (Certificate to be given on letterhead of banks/Financial Institutions for claiming interest subsidy under Central Interest Subsidy Scheme 2002 for the state of J K.) TO WHOM IT MAY CONCERN This is to certify that M/s. . . . . . . . . . . . . . . . . . . . . (Name and address of the Industrial Unit) had been sanctioned an amount of Rs. . . . . . . . (amount in figures) [Rupees . . . . . . . .. . . . . . . ] (amount .....

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