GOVERNMENT OF ANDHRA PRADESH

ABSTRACT

Industrial Investment Promotion Policy 2005-10 – Special incentives to Scheduled Caste entrepreneurs for setting up of Industries in Andhra Pradesh – Amendment – orders – issued.

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INDUSTRIES & COMMERCE (IP) DEPARTMENT

 

G.O. Ms. No. 267 Date: 06-10-2007

Read the following

 

  1. G.O. Ms. No. 178 Industries & Commerce (IO) Department, dt: 21-06-2005

  2. G.O. Ms. No. 327 Industries & Commerce (IO) Department, dt: 13-12-2005

  3. G.O. Ms. No. 328 Industries & Commerce (IO) Department, dt: 13-12-2005

  4. G.O. Ms. No. 161 Industries & Commerce (IO) Department, dt: 22-06-2007

  5. From the Commissioner of Industries Letter No. 10/3/07/0750/0750/ID, dated: 18-07-2007.

 

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ORDER:


In the Government Order, 1st read above orders were issued on the Industrial Investment Promotion Policy 2005-2010. In the reference 2nd read above, in respect of Scheduled Caste and Scheduled Tribe entrepreneurs, the ineligible list of industries annexed in the G.O 1st read above, is made as eligible for all incentives for setting up of industries under the above scheme, Operational guidelines were issued in the reference 3rd read above.

2. In the reference 4th read above, orders were extending certain incentives in the forms of subsidies/concessions to the Scheduled Tribe entrepreneurs under IIPPP 2005-10 schemes duly amending G.O. Ms. No. 178 Industries & Commerce (IP) Department dated: 21-06-2005 to encourage the Tribal for the developmental of Industrial activities.

3. The Commissioner of Industries, Andhra Pradesh, Hyderabad in the reference 5th read above recommended for extension of similar incentives to Scheduled Caste entrepreneurs and requested for an amendment to G.O. Ms. No. 178 Industries & Commerce (IP) Department dated: 21-06-2005. The Commissioner of Industries further informed that huge un-disbursed funds are available under incentives head of budget in respect of Scheduled Caste entrepreneurs and requested the Government to consider to extend the incentives which are extended to the Scheduled Tribe Entrepreneurs in non-scheduled areas to all Schedule Caste entrepreneurs in the State.

4. Keeping in view of the recommendations of the Commissioner of Industries, and in light of the orders issued in the reference 4th read above, Government hereby decide to extend certain incentives in the form of subsidies/concessions to Scheduled Caste Entrepreneurs under industrial Investment Promotion Policy Scheme duly issuing the following amendment to the G.O. Ms. No. 178 Industries & Commerce (IP) Department dated: 21-06-2005.

 

FOR

READ AS

3.1.4

2.5% rebate on land cost in IEs/IDAs limited to Rs.5.00 lakhs

3.1.4

3.2.4

3.3.4

2.5% rebate on land cost in IEs/IDAs limited to Rs.5.00 lakhs

3.1.4 (b)

3.2.4 (b)

3.3.4 (b)

33 1/3 % rebate on land cost in IEs/IDAs limited to Rs. 5.00 lakhs for Scheduled Caste Entrepreneurs

3.1.5

3.2.5

3.3.5

Power cost will be reimbursed @ Rs.0.75 per unit during the first year of the policy and thereafter for the remaining four years the rate of reimbursement would be so regulated on yearly basis, keeping in view of the changes in the tariff structures to ensure that power cost to the industry is pegged down to the first years level

3.1.5

3.2.5

3.3.5

Power cost will be reimbursed @ Rs.0.75 per unit during the first year of the policy and thereafter for the remaining four years the rate of reimbursement would be so regulated on yearly basis, keeping in view of the changes in the tariff structures to ensure that power cost to the industry is pegged down to the first years level

3.1.5 (b)

3.2.5 (b)

3.3.5 (b)

Power cost will be reimbursed @ Rs. 1.00 per unit for Scheduled Caste Entrepreneurs during the first year of the policy and thereafter for the remaining four years the rate of reimbursement would be so regulated on yearly basis, keeping in view of the changes in the tariff structures to ensure that power cost to the industry is pegged down to the first year level.

3.1.6




3.1.7






3.2.7

1.5% Investment subsidy on fixed capital investment will be given subject to maximum Rs. 15.00 lakhs


An additional investment subsidy of 5% on fixed capital investment limited to Rs. 5.00 lakhs for Scheduled Caste/Scheduled Tribe entrepreneurs


5% Additional Investment subsidy on fixed capital limited to Rs. 5.00 lakhs

3.1.6

1.5% Investment subsidy on fixed capital investment will be given subject to maximum Rs. 15.00 lakhs

3.1.6 (b)

3.1.7 (b)

3.2.7 (b)

35% subsidy on fixed capital investment for Scheduled Caste Entrepreneurs, additional 5% subsidy for Scheduled Caste Women and Maximum limit per unit is Rs. 50.00 lakhs (i.e. 35% for Scheduled Caste entrepreneurs and 40% for Scheduled Caste Women Entrepreneurs and a Maximum limit per unit is Rs. 50.00 lakhs

3.1.8

3.2.9

3.3.6

25% of the Tax paid during one financial year will be ploughed back as a grant by the Government towards the payment of tax during next year. Benefits will be available

3.1.8

3.2.9

3.3.6

25% of the Tax paid during one financial year will be ploughed back as a grant by the Government towards the payment of tax during next year. Benefits will be available

3.1.8 (b)

3.2.9 (b)

3.3.6 (b)

50% of the tax paid during one financial year will be ploughed back as a grant by the Government for Scheduled Caste Entrepreneurs towards the payment of tax during next year. Benefits will be available for 5 years from the date of commencement of Production i.e. upto 6th year

 

3.1.9

3.2.11

3% Interest subsidy on Prime Lending Rate (PLR) will be given on the term loan taken by the new Tiny/SSI industrial units subject to a maximum of Rs. 5.00 lakhs per year for a period of 5 years

3.1.9

3.2.11

3% Interest subsidy on Prime Lending Rate (PLR) will be given on the term loan taken by the new Tiny/SSI industrial units subject to a maximum of Rs. 5.00 lakhs per year for a period of 5 years

3.1.9 (b)

3.2.11(b)

5% Interest subsidy on Prime Lending Rate (PLR) will be given on Scheduled Caste Entrepreneurs on the term loan and working capital taken by the new Tiny/SSI industrial units subject to a maximum of Rs. 5.00 Lakhs per year for a period of 5 years

3.3.7

Infrastructure Units Others Than SSI/Tiny (Large And Medium Scale Industries): Infrastructure Like Roads, Power And Water Will Be Provided Door Steps Of The Industry For Stand Alone Units By Contributing 50% Of The Cost Of Infrastructure From IIDF With A Ceiling of (a) The Location Should Be Beyond 10 Kms Form The Existing Industrial Estate/IDAs Having Vacant Land/Shed For Allotment And (b) Cost Of He Infrastructure limited to 15% of The eligible fixed capital Investment made in the industry

3.3.7

Infrastructure Units Others Than SSI/Tiny (Large And Medium Scale Industries): Infrastructure Like Roads, Power And Water Will Be Provided Door Steps Of The Industry For Stand Alone Units By Contributing 50% Of The Cost Of Infrastructure From IIDF With A Ceiling of (a) The Location Should Be Beyond 10 Kms Form The Existing Industrial Estate/IDAs Having Vacant Land/Shed For Allotment And (b) Cost Of He Infrastructure limited to 15% of The eligible fixed capital Investment made in the industry

3.3.7 (b)

Infrastructure like roads, power and water will be provided door steps of the industry as in Para 3.3.7 of G.O. Ms. No. 178 Ind & Com (IP) Dept dated: 21-06-05 shall be extended in Small Scale sector set up by Scheduled Caste entrepreneurs


5. The Andhra Pradesh State Financial Corporation is requested to beef up lending on priority to Scheduled Caste entrepreneurs.

6. The Andhra Pradesh Industrial Infrastructure Corporation shall allocate 16.2% of number of Plots to Scheduled Caste Entrepreneurs in new Industrial estate and in existing Industrial Estates Scheduled Caste entrepreneurs will get preferential allotment on application.

7. GENERAL CONDITIONS

The Scheduled Caste entrepreneurs shall obtain the Entrepreneurs Memorandum from the concerned General Manager under MSMED Act. 2006 of Government o India for setting up the industry as a precondition for claiming benefits/Concessions, since the ineligible list of industries are made eligible to Schedule Caste entrepreneurs in the reference 2nd read above.

8. Necessary amendment orders shall be issued separately to the operational Guidelines issued in the reference 3rd read above.

9. The Commissioner of Industries/Social Welfare Department is requested to take necessary action accordingly.

10. This order issues with the concurrence of the Finance (Expr I&C) Department vide their U.O note No. 6024/520/Expr.I&C/2007, dated: 17-08-2007.


(BY ORDER AND IN THE NAME OF THE GOVERNOR OF ANDHRA PRADESH)

B.SAM BOB

PRINCILA SECRETATY TO GOVERNMENT AND

COMMISSIONER FOR INDUSTRIAL PROMOTION

 

To

The Commissioner of Industries, Andhra Pradesh, Hyderabad

The Special Chief Secretary, Social Welfare Department, A.P Secretariat, Hyderabad

Copy to:

All District Collectors

All Heads of Departments

The Chairman & Managing Director, Andhra Pradesh Industrial Infrastructure Corpn Ltd

All Private Secretaries to the Ministers

Ps to Chief Secretary to Government, Hyderabad

Ps to Principal Secretary to Chief Minister

Ps to Principal Secretary Finance Secretary (R&E)

Ps to Addl. Secretary to C.M.,

The Pay and Accounts Officer, Hyderabad

All Departments of Secretariat

All State Government Undertakings

The Accountant General, Andhra Pradesh, Hyderabad

All General Managers, District Industries Center in the State

The Fin.(Expr.Inds) Dept

All Sections in the Dept.,/C.M. Publicity Cell, A.P. Secretariat, Hyderabad

SF/Sc.


//Forwarded::By order//


SECTION OFFICER