Transport Subsidy Scheme for Himalayan and North Eastern States ( DIPP)

Government of India had introduced Transport Subsidy Scheme (TSS) on 23.7.1971 to develop industrialization in the remote, hilly and inaccessible areas. The scheme was applicable to all industrial units (barring plantations, refineries and power generating units both in public and private sectors irrespective of their size). Under the scheme, subsidy on the transport cost for transportation of raw material and finished goods to and from the location of the unit and the designated rail-head was reimbursed for a period of 5 years from the date of commencement of commercial production. For North Eastern states, subsidy is 90%. However, for the movement of goods within NER, the subsidy is 50% on finished goods and 90% on raw material. TSS was modified and notified as “Freight Subsidy Scheme (FSS) – 2013, w.e.f. 22.1.2013 for a period of five years. The Scheme has been discontinued with effect from 22.11.2016. However, industrial units registered under the scheme prior to the date of issue of DIPP’s notification dated 22.11.2016 will be eligible for the benefits of the residual period under the scheme.

Objectives:

To develop industrialization in the remote, hilly and inaccessible areas in 8 States of North Eastern Region, Himachal Pradesh, Jammu & Kashmir, Uttarakhand, Andaman & Nicobar Administration, Lakshadweep Administration and Darjeeling District of West Bengal.

b) Package-II for Special Category States

(i) Package-II for special Category State of J&K
(ii) Package-II for special category States of Himachal Pradesh and Uttarakhand
New Industrial policy and other concessions for the State of J&K were initially introduced on 14th June, 2002 for a period of ten years. The package has been extended for a further period of five years w.e.f. 15.06.2012 to 14.06.2017 with certain modifications. The new package provides Capital Investment Subsidy, Interest Subsidy and Insurance Subsidy to new industrial units and existing industrial units on their substantial expansion.
New Industrial policy and other concessions for the States of Himachal Pradesh and Uttarakhand were introduced initially on 7th January, 2003 for a period of ten year from 7.1.2003 to 6.1.2013. The package has been further extended during the 12th Plan period w.e.f. 07.01.2013 to 31.03.2017. The new package provides Capital Investment Subsidy to new industrial units and existing industrial units on their substantial expansion.

 

Contact Info

PHD House, 4/2 Institutional
Area August Kranti Marg,
New Delhi 110016

+91-11-26863801-04 : 49545454

Email: phdcci@phdcci.in

Location

Visitors :   free counter

Copyright 2018 PHD All rights