For setting up of CFCs with project cost from Rs. 5 Crore to Rs. 10 Crore – GoI contribution is 70% (80% for NE & Hill, Island territories and Aspirational districts). Again, for CFCs with project cost above Rs. 10 Crore to Rs. 30 Crore – GoI contribution is 60% (70% for NE & Hill, Island territories and Aspirational districts). CFC projects above Rs. 30 Crore can be considered under the scheme but the assistance by GoI will be calculated based on maximum eligible project cost of Rs. 30 Crore.
For setting up of new industrial estate/ flatted factory complex, GoI contribution is limited to 60% of the project cost from Rs. 5 Crore to Rs. 10 Crore (70% of project cost from Rs. 5 Crore to Rs. 15 Crore for NE & Hill, Island territories and Aspirational districts) whereas the limit of GoI contribution is 50% of project cost from Rs. 5 Crore to 10 Crore for up gradation of flatted factory complex/ industrial estate (60% for NE & Hill, Island territories and Aspirational districts). Projects above Rs. 10 Crore/ 15 Crore can be considered under the scheme but the assistance by GoI will be calculated based on maximum eligible project cost of Rs. 10 Crore/ 15 Crore.
