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
- Register on Shilpa Sathi portal
- Start commercial production
- Apply for incentives online
- Submit required documents
- Inspection by authorities
- Incentive disbursement