Incentive Schemes

Incentive Schemes

Comprehensive Incentive Package for Industries

West Bengal offers attractive incentives to industries to promote investment, employment generation, and balanced regional development.

Major Incentive Categories

1. Capital Investment Subsidy

Eligibility: New industrial units and expansion projects

Subsidy Rate:

  • Category A Areas (Backward): Up to 20% of fixed capital investment
  • Category B Areas: Up to 15% of fixed capital investment
  • Category C Areas: Up to 10% of fixed capital investment

Maximum Subsidy: Rs. 2 crore to Rs. 10 crore (sector-specific)

2. Interest Subsidy

Purpose: Reduce cost of borrowing

Benefit:

  • 3-5% interest subsidy on term loans
  • Available for 5-7 years
  • Maximum subsidy: Rs. 50 lakh to Rs. 2 crore per annum

3. Power Tariff Subsidy

Objective: Reduce power cost

Subsidy:

  • 25-50% subsidy on electricity charges
  • Available for 5 years
  • Varies by area category and sector

4. Stamp Duty & Registration Fee Exemption

Benefit: 100% exemption on:

  • Land purchase documents
  • Lease agreements
  • Mortgage documents

5. Employment Generation Subsidy

Incentive: Rs. 24,000 to Rs. 36,000 per employee per year

Duration: 3-5 years

Condition: Employment of local candidates from West Bengal

6. Quality Certification Reimbursement

Coverage: 50-75% reimbursement for:

  • ISO certification
  • BIS certification
  • CE marking
  • Other quality standards

Maximum: Rs. 2 lakh per unit

7. Technology Upgradation Subsidy

Support: 25% subsidy on technology acquisition

Maximum: Rs. 50 lakh

8. Export Promotion Assistance

Benefits:

  • Trade fair participation support
  • Export documentation assistance
  • Marketing support
  • Transportation subsidy for exports

Sector-Specific Incentives

IT/ITeS Sector

  • Land cost subsidy: 50%
  • Building/space rental subsidy: 50% for 3 years
  • Broadband subsidy

Food Processing

  • Cold storage subsidy
  • Pack house subsidy
  • Processing unit subsidy

Textiles

  • Technology upgradation: 25% subsidy
  • Common facility centers: 50% assistance

Application Process

  1. Register on Shilpa Sathi portal
  2. Start commercial production
  3. Apply for incentives online
  4. Submit required documents
  5. Inspection by authorities
  6. Incentive disbursement