New Textiles and Readymade Garment Policy 2019-24

Benefits

• Credit based capital subsidy
• Interest Subvention
• Power subsidy, ESI and EPF Subsidy
• Stamp duty exemption and registartion fee rebate
• Salary subsidy. Incentives

Subsidy

• Credit bsed capital subsidy for MSME Units
• Additional subsidy of 5% for SC/ST/PwD/Minorities/Exsoldiers/women

To whom?

SC/ST/PwD/Minorities/Exsoldiers/women

Eligibility

• New/Expansion/Modernization Textile/Readymadde Garment Units established on or after 04-11-2019 are eligible to avail concsessional incentives under the scheme
• Entrepreneurs must have borrowed atleast 50% of the project amount from banks or financial institutions

How to apply

Offline (Contact the department for application)

Documents to be submitted

• As mentioned in the Manual of New Textiles and Readymade garments Policy of 2019-2024

Deputy/Assitant Director of Handloom and Textiles department of the respective district

http://www.karnatakadht.org/english/index.php
Phone Number: 080-23568228