25% Capital Investment Subsidy Scheme
The Union Territory of Lakshadweep has implemented the scheme “25% Capital Investment Subsidy” to provide financial assistance to local entrepreneurs for promoting Micro and small Enterprises in Lakshadweep.
The scheme aims to promote ease of doing business for licensed traders by providing them with well-located commercial shops in market yards (mandis).
The scheme aims to promote ease of doing business for licensed traders by providing them with well-located commercial shops in market yards (mandis).
The scheme facilitates ease of doing business for traders by allotting them with commercial shops.
Step 1: Offline application — step 1
Application Process: Upon receiving information regarding shop allotment (through notices published in newspapers and displayed at public places), the applicant must obtain the application form from the committee office by paying the prescribed fee. Complete the form with the required information and submit it to the committee office within the stipulated time. Selection Process: Allotment of commercial shops is carried out by the Shop Allotment Committee. Traders are selected based on the available shops and the applications received, giving priority in descending order to those who have deposited the highest market fees in the last three years.
Applications are accepted only on the official government portal.
Open Official WebsiteThe Union Territory of Lakshadweep has implemented the scheme “25% Capital Investment Subsidy” to provide financial assistance to local entrepreneurs for promoting Micro and small Enterprises in Lakshadweep.
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