MSME Subsidy Consulting

Wealth Design LLP

MSME Subsidy Consulting

Get expert help from Wealth Design LLP to claim MSME subsidies. We facilitate access to PMEGP, HGUVY, Capital Subsidies, and more.
MSME Subsidy Consulting

Overview

Wealth Design LLP specializes in navigating the complex landscape of government subsidies. Whether you are establishing a new micro-enterprise or upgrading an existing unit, our team possesses deep knowledge of subsidy schemes.

Our Process

01 Consultation

We evaluate your business idea and assess eligibility for schemes like PMEGP or HGUVY.

02 Documentation

Assistance in preparing DPRs and financial projections.

03 Application

Management of the online application process and submission.

04 Disbursement

Facilitation of subsidy release and post-subsidy compliance.

Service Outcome

  • Secured capital subsidies up to ₹50 Lakhs - ₹1 Crore depending on the scheme.
  • 100% Electricity Duty Exemption and Stamp Duty Reimbursements.
  • Interest subvention on term loans reducing financial burden.
  • Successful acquisition of quality certifications (ZED, ISO) with subsidy support.

Detailed Scheme Information

  • 1. PMEGP / KVIC Subsidy (Up to 17.5 Lakhs)
    Objectives: Generate sustained employment, promote entrepreneurship in non-farm sectors, and reduce migration.

    Financial Assistance:
    • Manufacturing: Max cost ₹50 Lakh. Service: ₹20 Lakh.
    • Subsidy: Urban (15-25%), Rural (25-35%).

    Eligibility: Age 18+, min 8th pass for projects >₹10L (Mfg). New units only.
  • 2. Haryana Gramin Udyogik Vikas Yojna (HGUVY)
    Assistance: Capital subsidy of 15% of the capital cost, with a maximum limit of Rs 25 Lakhs for new micro-manufacturing industries in rural Haryana.

    Our Role: We manage eligibility assessment, documentation, and liaison with Haryana authorities.
  • 3. Testing Equipment Assistance Scheme
    Benefit: 50% subsidy on testing equipment cost, up to INR 20 lakh per year.
    Objective: Critical for "Zero Defect" product quality.
    Eligibility: MSMEs in active commercial production, not on the restrictive list. Claims must be submitted within 3 months of purchase.
  • 4. Electricity Duty Exemption
    Benefit: 100% electricity duty exemption for up to 20 years.
    Target: Manufacturers of Electric Vehicles (EVs), major components, batteries, and charging infrastructure.
    Condition: Must commence commercial production on or after 10 July 2022 in approved locations.
  • 5. SGST Refund Subsidy Scheme
    Quantum: Investment subsidy as a percentage of net SGST (30% to 100%), capped at 100-150% of fixed capital investment.
    Eligibility: New and expansion projects taking term loans and commencing production after 1 Jan 2021.
  • 6. Fire Equipment & Safety Compliance
    Assistance: 50% subsidy on the cost of capital equipment for recommended safety measures.
    Requirement: MSMEs must complete a safety audit by an ISO-certified agency. Applicable for equipment purchased between Jan 2021 and Dec 2025.
  • 7. Stamp Duty Reimbursement
    Benefit: 100% refund for mega projects in ‘D’ category blocks; 50% in ‘B’ category blocks.
    Goal: Encourages enterprises to establish or expand operations in Haryana by lowering land acquisition costs. Applications must be filed within 3 months of production.
  • 8. AHIDF (Animal Husbandry Infrastructure)
    Objective: Boost infrastructure in dairy, meat processing, and feed manufacturing.
    Assistance: Interest subvention of 3% and credit guarantee coverage up to ₹2 crore. Covers 90% of project cost via loans.
  • 9. Agriculture Infrastructure Fund (AIF)
    Focus: Post-harvest management infrastructure and community farming assets.
    Benefit: Interest subvention of 3% p.a. on loans up to ₹2 crore for 7 years.
  • 10. Food Processing Industries Schemes
    CEFPPC Scheme: Up to 35% subsidy (50% for SC/ST/Difficult areas) capped at ₹5 Cr.
    State Scheme: 25% capital investment subsidy on FCI up to ₹1 Crore in C & D blocks + 100% SGST reimbursement for 10 years.
  • 11. PADMA Schemes (Capital, Design, Interest)
    Capital Subsidy: 25-30% of eligible investment (Max ₹30 Lakh) in PADMA clusters.
    Design: 50% reimbursement on marketing/branding (Max ₹10 Lakh).
    Interest: 6% interest reimbursement on term loans (Max ₹20 Lakh/year).
  • 12. Freight Assistance Scheme
    Benefit: 1% of FOB value or actual freight cost. Max ₹10 Lakh (C&D blocks), ₹5 Lakh (A&B blocks).
    Target: New exporting micro/small units to offset transport costs to ports/borders.