Punjab Agro

Incentives
Government  Incentives for Investors 
Ministry of Food Processing Industries, Govt. of India  35% of the cost of Plant & Machinery and related civil works (excluding the cost of land) with a maximum of Rs. 5.00 cr. under the Pradhan Mantri Kisan SAMPADA Yojna. 
Govt. of Punjab  All incentives provided under the Industrial and Business Development Policy, 2017 of Govt. of Punjab. Some of them are:

  • Reimbursement of Net GST/2 on sale of finished products.
  • Exemption from stamp duty on registration of land.
  • Exemption from property tax.
  • Power at Rs. 5.00 per unit for the variable component. 
  • Exemption from State taxes on purchase of agriculture produce.
Government  Incentives 
Ministry of Food Processing Industries, Govt. of India 
  • 35% of cost of plant & machinery and related civil works (excluding cost of land) with maximum of Rs.5 cr. under Creation & Expansion of Food Processing/Preservation Capacities (CEFPPC) scheme of Pradan Mantri Kisan Sampada Yojna. 
MoFPI, GoI 
  • 35% of the cost of plant & machinery and related civil works (Max-Rs.10 cr.) under the “Integrated Cold Chain” Scheme. 
NABARD 
  • Term loan at subsidized rate of interest. 
Govt. of Punjab  All incentives provided under Industrial and Business Dev. Policy (IBDP), Govt. of Punjab. Major are:
  • Reimbursement of Net GST/2 on sale of finished products.
  • Exemption from stamp duty on registration of land.
  • Exemption from property tax, stamp duty, electricity duty. 
  • Power at Rs.5 per unit for the variable component. 
  • Exemption from state taxes on purchase of agriculture produce.

INCENTIVES

Note: Govt. can amend the above guidelines. So, investors may kindly check the scheme guidelines before applying.