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District Industries Centre-Ludhiana

Developmental Role
 
Implementation of Scheme under Industrial Policy of state :
 
For the growth of state economy, creating employment opportunities state Govt formulates Industrial Policy which provides frame work and stimuli for Industrial development which includes schemes for providing incentive to thrust sectors identified under the policy. These schemes are implemented through the DIC at each district Level. So far Industrial Policy of 1973, 1978,1987,1989,1992 .1996 & 2003 have been declared and implemented by the state Govt.
 
The range of schemes covered under these policies included Interest Free Loan, seed Margin Money, Loans to Artisans, Land subsidy, Capital Subsidy, Generator Set Subsidy, Sales Tax exemption, Electricity Duty exemption, refund of octroi, Interest Subsidy for Modernization, schemes for Export Oriented Units, Fly ash based units and Hi tech Agro based units.
 
Currently the incentives of Investment subsidy and interest subsidy under Industrial Policy 1996 are being disbursed through the DIC for which an annual outlay of 100 Cr for the whole state has been provided in the budget.
 
All these policies helped in the growth of industries in the state and provided employment opportunities to the youth. Now the state Govt is coming up with an Industrial Policy 2009 very shortly.
 
 

   About District Industries Centre   |   Registration of Eentrepreneur’s Memorandum   |   Implementation of Scheme Under Industrial Policy of State
   Implementation of Schemes of Govt of India   |   Promotion of Small Scale Industries   |   Promotion of Large & Medium Industries
   Industrial Consultancy   |   Regulatory Work   |   Facilitator Role   |   Enabling Self Employment   |   Maintain Data Bank of Industrial Setup In District
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