Question
Under the scheme for Promotion of MSMEs in the North
Eastern Region and Sikkim, what is the maximum assistance (as a percentage of project cost) allowed for setting up a new industrial estate?Solution
Under the Promotion of MSMEs in N.E. Region and Sikkim scheme, the maximum financial assistance from the Government of India is limited to 90% of the project cost, subject to a cap of ₹13.50 crore. The remaining 10% must be contributed by the State Government. This high assistance ratio is to encourage industrial development in these geographically and economically sensitive regions.
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