Gujarat Textile policy announced, which provides the following schemes.
- Scheme I – Interest Subsidy
- The scheme will be known as financial assistance by way of credit
linked Interest Subsidy for eligible activities.
- The scheme will be known as financial assistance by way of credit
- Scheme 2 – Power Tariff Subsidy
- Power Tariff Subsidy will be eligible for new enterprise, expansion, and forward/backward integration. The enterprise will have to install separate sub-meter fur each expansion or forward/backward integration to measure energy consumption by new Plant and Machinery and utilities installed on same premises. ln case of such expansion or forward/backward integration, only the additional! energy consumption (Kwh) over the average monthly energy consumption (Kwh) of immediately preceding six months of initiating expansion or forward/backward integration will be considered by the eligibility of power tariff subsidy.
- Scheme 3 – Assistance for Environment and water conservation and Environmental Compliances.
- The scheme will be known as assistance for Energy Conservation, Water Conservation, and Environmental Compliance. An existence enterprise in operation for more than three years shall be eligible for assistance under the scheme.
- Scheme 4 – Assistance for Technology Acquisition and Upgradation
- The enterprises acquiring new or improved or upgraded technology either indigenously or imported from recognized R & D institutions or collaborators will be considered eligible under the scheme. Mere import of Machinery or Technology will not be considered as Technology Acquisition or Upgradation.
- Scheme 5 – Support for Establishing Textile Park
- The Textile Park will be provided financial assistance @ 25o/o of capital expenditure for establishing common facilities, common infrastructure and additional infrastructure (except land cost), maximum up to Rs. 15 crores.
