The State Government has introduced a new scheme called the "Industrial Infrastructure Development Fund" (IIDF) in G.O.Ms.No.42, Industries & Commerce Dept.,dated:5th May, 2011.The State Govt has provided financial assistance as a grant to the new Industrial Enterprises for the development of following infrastruture faclitaties upto the door step of the proposed Industrieal Enterprises.

a.Drinking Water and Industral Water.

 b.Electricity - Power connection.

 c.Laying of drainage line from the Enterprise/Industry/Industrial Esate to the existing Point or to the natural dranage point.

 d.Approach Road to the Enterprise/Industry.

e.Any other infrasturucture facilities as approved by the Government/SLC.

 

 Eligibility

The Industries which are declared as "in-eligible industries" under Annexure-III of Industrial Investment Promotion Policy - 2010-15 are not eligible for financial assistance from Industral Infrastructure Development Fund.However, it is not applicable to Scheduled Caste and Scheduled Tribe enterpreneurs.

 Date of Filing Application

All eligible industrial Enterprises shall submit their claims in the prescribed application form given at Annexure - XV for financial assistance before date of commencement of commercial production or with in six months from the date of commencement of commercial production along with required documents, to the General Manager, District Industries Centre concerned.

For Medium and Large Enterprises

Infrastructure like roads, power and water will be provided at door step of the industry for standalone units by contributing 50% of the cost of infrastructure from IIDF with a ceiling of Rs.1.00 Crore, subject to (a) the location should be beyond 10 kms from the existing Industrial Estates/IDA’s having vacant land/shed for allotment and (b) cost of the infrastructure limited to 15% of the eligible fixed capital investment made in the industry.

In case of Micro and Small Enterprises (Only for SC/ST Enterpreneurs)

For Micro and Small Enterprises set up by Scheduled Caste and Scheduled Tribe entrepreneurs, Infrastructure like roads, power and water will be provided at doorstep of the industry for stand alone units by contributing 50% of the cost of infrastructure from IIDF with a ceiling of Rs.1.00 Crore, subject to (a) the location should be beyond 10 kms from the existing Industrial Estates/IDAs having vacant land/shed for allotment and(b) cost of the infrastructure limited to 15% of the eligible fixed capitalinvestment made in the industry. 50% of the cost of infrastructure is raised to 75% in respect of units set up by ST entrepreneurs in Scheduled areas.

Application form (ANNEXURE: XV of Go.ms no 42)





For further details refer GO MS No 42 Industries and Commerce(IP Deprt) dated 5/5/2011