Exclusive schemes for Madhya Pradesh
Industrial Policy and Action Plan, 1994
Some of the principal objectives of this plan are to create more direct and indirect employment opportunities, encouraging women entrepreneurship, to create special opportunities for accelerated development of rural industries and small scale industries, etc. This plan constitutes Entrepreneurship Development Programmes, as well as, training programmes in poly-techniques and Industrial Training Institutes in order to strengthen human resource base. Special emphasis is given to scheduled caste and tribes, individuals below poverty line and women. Units set up by women enterprises will be entitled to one year’s additional concession.
New Industrial Policy -2004
Special provisions for entrepreneurs belonging to scheduled caste and scheduled tribes and women entrepreneurs are laid down under this policy. These provisions include:
- Interest subsidy on the term loan at a rate of 5% for a period of 5 years without any ceiling will be given to the industrial establishments owned by women, scheduled caste and scheduled tribe entrepreneurs.
- Investment subsidy at the rate of 15% of the capital investment with a ceiling of Rs 5 lacs would be provided to women entrepreneurs in advanced districts.