Ministry of chemicals and fertilisers
This scheme helps to enhance quality, productivity & innovative capabilities of the SME pharma sector in the country. This scheme would be implemented on a PublicPrivate Partnership (PPP) format through one-time grant–in–aid to be released in various phases for creation of identified infrastructure and common facilities to Special Purpose Vehicles (SPVs) set up for the purpose.
An SPV is a clear legal entity (Cooperative Society, Registered Society, Trust or a Company) with members located within a radius of 10-15 km. or non-profit making company registered under section 25 of the Companies Act. It will have representatives from cluster members, financial institutions, State & Central Government and R&D organisation.
Central Government of India
To provide one-time grant-in-aid released in phases, for a creation of infrastructure and common facilities
Any Special Purpose Vehicles (SPVs)
Maximum limit for the grant-in-aid would be Rs.20 crore per cluster or 70% of the cost of the project, whichever is less. GoI grant will be 90% for CFCs for difficult and backwards regions.
The cost of project includes cost of land, building, pre-operative expenses like preparation of DPR, administrative and management support expenses including the salary of CEO, engineers, other experts and staff during project implementation period, preliminary expenses, machinery & equipment, miscellaneous fixed assets and other support infrastructures such as water supply, electricity and margin money for working capital.
A Udyami Helpline: Dial 1800-180-6763 [Toll Free Number] for queries relating to this Schemes.
To the Department of Pharmaceuticals.
Chemicals and Fertilisers
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