Government Schemes for Business & Entrepreneurship
MSME support, startup incentives, trade facilitation, and enterprise development programs.
Artisans Facilitation Supports
Registered handicraft and handloom artisans in West Bengal
- •Free access to government-sponsored exhibitions and melas for product sale
- •Travel and transport allowances for transporting goods to exhibitions
Banglashree Scheme
New or expanding MSME units in West Bengal
- •Capital investment subsidies ranging from 10% to 40% based on location zone
- •Interest subsidy up to 6% on term loans
Handloom and Khadi Weavers Scheme
Registered handloom weavers and weaving cooperative groups in WB
- •Supply of raw yarn at 10% subsidized rates
- •Work-shed construction subsidies up to Rs. 25,000
Interest Subsidy on Term Loan (MSME)
Registered MSME units in WB paying regular interest on bank term loans
- •Interest subsidy of 4% to 6% per annum on term loans for up to 5 years (subject to timely repayment track record)
Reimbursement of Stamp Duty and Registration Fee
Registered MSME developers purchasing/leasing industrial land in WB
- •Reimbursement of up to 100% of stamp duty and registration fees paid on land acquisition for setting up MSME units (varies by zone category)
Power Subsidy Scheme
Registered manufacturing micro/small units paying commercial electricity rates in WB
- •Power subsidy of Rs. 1.00 to Rs. 1.50 per unit consumed (capped under quarterly ceilings) for up to 5 years from production start
Incentive Scheme for Powerloom Sector
Textile entrepreneurs setting up or upgrading powerloom factories in WB
- •Capital subsidy up to 20% on the cost of modernizing powerlooms
- •Electricity duty exemption up to 5 years
Power Subsidy (BSY/BMSSY)
Registered manufacturing micro/small units paying commercial electricity rates in WB
- •Power subsidy of Rs. 1.00 to Rs. 1.50 per unit consumed (capped under quarterly ceilings) for up to 5 years from production start
Handloom Weavers Scheme
Active handloom weavers in West Bengal holding valid identity cards
- •Subsidized yarn supply and credit linkages through Weaver Cooperatives
- •Financial grant for loom upgradation and construction of work sheds
PM Mudra Yojana
Small business owners and aspiring entrepreneurs
- •Shishu: Loans up to Rs. 50,000
- •Kishore: Loans Rs. 50,001 to Rs. 5 Lakhs
PMEGP (Prime Minister Employment Generation Programme)
Budding entrepreneurs looking to set up manufacturing or service start-ups in India
- •Credit-linked subsidy for new projects: up to Rs. 50 Lakhs (manufacturing) and Rs. 20 Lakhs (service)
- •State-backed margin money subsidy ranging from 15% to 35% based on location and category
PM Formalisation of Micro Food Processing Enterprises
Micro food manufacturers (pickles, spices, juices) and FPOs looking to scale up in India
- •Credit-linked capital subsidy of 35% of the project cost (max Rs. 10 Lakhs)
- •Seed capital up to Rs. 40,000 per member of SHG for working capital and purchasing small tools