IEP Chandigarh, August 9
Haryana Deputy Chief Minister, Sh. Dushyant Chautala said that in order to promote enabling infrastructure for MSMEs and startups and to accelerate rural entrepreneurship, the state government will provide support to private sector entrepreneurs through the ambitious PADMA scheme. He stated that six schemes shall be launched under the PADMA Yojana.Giving information in this regard, the Deputy CM, who also holds the portfolio of Industries and Commerce Department, said that the state government has given the form of a policy to the Padma Yojana so that several industrial clusters can be developed in the state.He said that on the demand of industrialists, now industrial clusters will be developed on an area of minimum 25 acres, whereas earlier it was minimum 100 acres, in which there is a provision for developing the entire infrastructure through the state government support.He informed that the state government will provide support to private entrepreneurs and private implementing agencies through the PCIDS scheme on the lines of SIIDS scheme which was meant for sponsoring government infrastructure projects. sponsoring government projects. He informed that 6 schemes are being formulated for this, which will be implemented in the next one monthHe further said that if an industrialist wants to set up 20 units in 25 acres, then he will be able to obtain support from the government for both basic infrastructure and common facilities. For this, the government has made a provision of Rs. 1000 crore.According to the new provisions, at least 25 MSMEs will be set up in PADMA clusters of 25 acres to 100 acres, for which government will provide aid of 50% to 85% across all A, B, C and D blocks. Sh. Dushyant Chautala said that the present government had talked about setting up a Venture Capital Fund during the budget. He said that if any startup comes in the state and needs any financial benefit, then the state government will become a partner in it, for this a total fund of Rs. 50 crore has been provisioned under PADMA. He said that if someone comes up with a new concept worth up to Rs. 20 lakhs, the state government will support it under the “Entrepreneurship Acceleration Scheme”. He further informed that the total investment subsidy of 30% (maximum Rs. 30 lakh) of the cost of the project will be sponsored. An interest subsidy scheme has also been made, in which 6 percent interest up to a maximum of Rs. 20 lakhs per annum will be paid by the government.The Deputy Chief Minister also informed that Rs. 10 lakh will be given annually to such an industrialist if he achieves success by improving marketing or branding at the national or international level. This will give a thrust to small startups at the block level.