Exclusive schemes for Telangana
The Telangana State Government is encourages the process of industrialization by implementing various kinds of incentives which benefits the entrepreneurs. The Telangana State Government also ensures an entrepreneur-friendly and graft-free regime of implementing the incentives. The State Government guarantees that the incentives are released on time, and directly to the bank account. There is a transparent on-line application system which is with minimum human interface. There is an improved incentive packages for Scheduled Castes, Scheduled tribes, Physically Handicapped, and women entrepreneurs. Mega Projects which have an investment of over Rs. 200 crores in plant and machinery or employment above 1000 persons are eligible to receive tailor-made incentives and large category industry incentives.
The State Government will provide incentives to the entrepreneurs in the following areas under its T-IDEA (Telangana State Industrial Development and Entrepreneur Advancement) incentive scheme:
- Stamp duty reimbursement
- Land cost rebate
- Land conversion cost
- Power cost reimbursement
- Investment subsidy
- VAT reimbursement
- Interest subsidy
- Seed capital for 1st generation entrepreneur
- Training and skill development cost reimbursement
- Quality/patent support
- clean production measures
- Reimbursement of infrastructure development costs
Details of general and sector-specific incentives will be laid down under Government Orders from time to time and published on the website and through other means. The Government will also ensure that the existing industries are also benefited, while providing incentives to new industries
Special Assistance to Women Entrepreneurs
The number of existing women-owned industrial enterprises is very meager. The Telangana State Government encourages women entrepreneurs in a various ways. All the 9 districts of the state (excluding Hyderabad) have one or more than one industrial parks exclusively for women entrepreneurs. Organizations which are working for women entrepreneurs like COWE, ALEAP and FICCI-FLO are invited to partner with the government in order to identify and train women entrepreneurs, get their project proposals developed, link them to financial institutions and handhold and monitor the progress of their projects. The government would facilitate more number of women entrepreneurs to emerge from socially deprived categories like SCs, STs, BCs and Minorities.
http://tsiic.telangana.gov.in/incentives/
New Industrial Policy for the State of Telangana,2014
This policy has laid down various schemes for women who belong to backward classes. The benefits included under this policy are as follows:
Women owned enterprises are those enterprises which are established as sole Proprietors or invariably having 100% share in Partnership/Private Limited Companies. An additional 10% investment subsidy on fixed capital investment subject to a maximum of Rs. 10.00 lakhs to MSE’s. (total investment subsidy limited to Rs.50.00 lakhs only)
http://www.tecci.org/pdf/G.O.No.29.pdf
Telangana Women’s Cooperative Development Corporation
It was established in the year 1975 with an objective of empowerment of rural women and is a registered co-operative under the Societies Act 1964. The major activities performed by this corporation are as follows:
- a) Structured training programme is imparted to unemployed women in vocational courses and trades which are organised by District Durgabai Mahila Sisu Vikasa Kendrams (DMSVKs)
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- Training is imparted to field functionaries of Nutrition & Health sectors, i.e. Anganwadi workers, Asha workers, ANM etc
- Marketing facilities are provided to Women entrepreneurs through exhibitions, trade fairs, and buyer seller meets, design and display centers, etc
- Working Womens Hostels are managed by this corporation
- Bridge schools for school drop outs are organised.
- It serves as a Nodal Agency for processing the proposals of NGOs for setting up of Women Empowerment Programmes with the financial assistance of GOI
- It provides shelter and short stay homes for destitute and deserted women
Government is providing the financial assistance to the Corporation in meeting the establishment and contingent charges for the Head Office and Durgabai Mahila Sisu Vikasa Kendrams
http://wcdsc.tg.nic.in/apwcdc.php