State Government Incentives
Commerce & Industries Department
Government of Mizoram
Mizoram Industrial Policy 2012
Highlights of State Incentive Subsidy Schemes for MSME
The Government of Mizoram offers various incentive schemes to support and promote Micro, Small, and Medium Enterprises (MSMEs) in the state. These subsidies are designed to reduce operational costs and encourage industrial growth.
📋 Application Process: Investors/entrepreneurs can avail subsidy under different heads by applying in prescribed application forms, available with the directorate on payment of Rs. 50/- per form.
Subsidy on Cost of Project Report
Eligibility:
All new Industrial Units within 5 years of existence
Amount Claimable:
- 90% for micro enterprises (ceiling: Rs. 5,000/- per unit)
- 75% for small enterprises (ceiling: Rs. 25,000/- per unit)
- 50% for medium enterprises (ceiling: Rs. 50,000/- per unit)
Land Subsidy
Eligibility:
New Industrial unit established inside Notified Industrial Area within 5 years of existence
Amount Claimable:
- 25% of lease charge/fee of allotted developed/undeveloped land for 5 years
- 25% of amount spent on development of undeveloped land allotted to the unit
Factory Rent Subsidy
Eligibility:
New MSME occupying built-up factory sheds within declared Industrial Area on monthly/annual rent basis for 5 years from date of commencement of production
Amount Claimable:
- 50% of duly assessed rent (ceiling: Rs. 30,000/- per unit per year)
Manpower Development Subsidy
Eligibility:
New and existing Industrial units
Amount Claimable:
- 50% of actual course fee for training
- Ceiling: Rs. 10,000/- per trainee
- Ceiling: Rs. 50,000/- per unit per year
Interest Subsidy
Eligibility:
New Industrial unit
Amount Claimable:
- Interest on loan paid in excess of 8.5% subsidized up to maximum 4%
- Term loan: Maximum Rs. 3,60,000/- per year
- Working capital loan: Maximum Rs. 1,20,000/- per year
- If unit avails interest subsidy under NEIIPP, only shortfall amount applicable for working capital loan
Power Subsidy
Eligibility:
New MSME for 5 years from date of commencement of production
Amount Claimable:
- 60% of total power expenditure for micro enterprises
- 50% of total power expenditure for small enterprises
- 30% of total power expenditure for medium enterprises
Subsidy on Power Line
Eligibility:
New MSME for 5 years from date of commencement of production
Amount Claimable:
- 50% of actual expenditure (ceiling: Rs. 50,000/- per unit)
Subsidy on Power Generating Set
Eligibility:
New MSME for 5 years from date of commencement of production
Amount Claimable:
- 50% of cost of captive generating set and installation charge
- Ceiling: Rs. 3,00,000/- per unit
State Transport Subsidy on Plant & Machineries
Eligibility:
New MSME for 5 years from date of commencement of production
Amount Claimable:
- 50% of actual cost of transportation by railway or road or both of plants and machineries
Contact Information
Commerce & Industries Department
Government of Mizoram
Website: industries.mizoram.gov.in
Page Created: 21 Oct 2022 | Updated: 21 Oct 2022