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 intends to provide financial assistance in the form of grant to the artisans in the handicrafts sector for setting up handicraft enterprises. The assistance is a one time support to eligible artisans of the state as back end assistance.
The Scheme intends to provide financial assistance in the form of grant to the artisans in the handicrafts sector for setting up handicraft enterprises. The assistance is a one time support to eligible artisans of the state as back end assistance.
1. Provides assistance for the Fixed Capital Investment, i.e. construction of Work shed/Workshop, cost of tools, equipment, machinery and accessories, electrification, Technology support/product/Design development. 1. For General Category artisans, assistance is 40% of the Fixed Capital Investment limited to ₹2.00 lakh. 1. For Young (18 to 45 years), Women, and SC/ST artisans, the assistance is 50% limited to ₹3.00 lakh. **Note:** The assistance under the ‘ASHA’ shall be released to the eligible artisan in one installment.
Step 1: Online application — step 1
Step 01 : Application can be submitted online through the Official website of the Directorate of Industries & Commerce, Government of Kerala. The applicant needs to visit the official website . Step 02: The applicant may select the scheme “Assistance Scheme for Handicraft Artisans” from the available Online Services listed on the home page and click on the “Apply Now” option. While clicking “Apply Now” redirected to the Login Page. If a new user uses the “New Registration” option and if already registered use the ‘Login’ option. Step 03: A new user can register by filling in his/her details and after successful registration, the user can login. Step 04: After successful login, the applicant reaches the “Applicant Home page” and clicks on “New Application” and then ‘Proceed’. Step 05: Fill out the application form completely and click on ‘Submit’. User Manual for Applicant’s Login
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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