Self Employment Directorate: GRANT OF PRICE SUBSIDY TO EX-SERVICEMEN SSI UNITS
Aim
1.
Ex-Servicemen manufacturing units supplying stores to the Defence Establishments under Defence Purchase Programme are eligible for 10% subsidy of the total value of stores supplied or Rs 50,000/- whichever is less, in a financial year for five consecutive years.
Eligibility
2.
The SSI unit should be individually or Jointly owned by Ex-Servicemen/Widows. In partnership Ex-Servicemen/Widows should have minimum 75% shares.
3.
It should be registered with State Directorate of Industries for not more than 10 years.
4.
Should be registered with the respective Defence Establishment. Ministry of Defence and Directorate General Resettlement.
Procedure
5.
To obtain the benefit of the scheme, the Ex-Servicemen entrepreneurs can apply to DGR along with photocopies of the relevant documents.
6.
The prlce subsidy is sanctioned by DGR and the payment is made through CDA Headquarters.
