Daijiworld Media Network – Mangalore (NR)

Mangalore, Dec 22:  According to a press release from the District Small Industries Association (DSIA), several industries have been identified for investment subsidy by the district industries centre. The formalities for the same have been completed and they would be receiving the said subsidies very soon.  

Special category and general category units which were sanctioned between January 1999 and March 2003 were now eligible for receiving the remaining 25% of subsidy, informed the release.  
And those units sanctioned between April 1, 2005 and March 2006 under special and general categories were eligible for 50% of the sanctioned amount as its first installment.

Moreover, according to the press release those units eligible for availing the subsidy would have to submit a copy of the investment subsidy sanction order, agreement bond, utilization certificate, copy of the latest electricity bill among others. For further clarification, if any, entrepreneurs can contact the association on the phone number: (0824) 2211031.