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Employment Generation Subsidy Scheme Initiated by Haryana Government

Jun 21, 2016 18:18 IST

    In order to create more employment opportunities for skilled or semi-skilled manpower in the state of Haryana for capacity building, the state government has initiated the ‘Employment General Subsidy Scheme’.

    Under this scheme, the mega and large projects which will engage minimum 50 percent of skilled or semi-skilled person from the state will be allowed to enjoy subsidy from the government per person recruited. In case of SC or women candidates the industrial unit will get subsidized at Rs. 36000 per person per year and in case of general candidates Rs. 30000. They will either get the subsidy over the personnel working in the project or in the VAT/SGST (20 percent) by the state.

    In Industries Minister of the state, Capt. Abhimanyu has said refereeing to the mega projects that such projects will involve fixed capital investment of over Rs. 100 crore and above or 200 persons in D category blocks or 500 persons in B and C category blocks. The minister also highlighted the various projects in different sectors which will fall under the category of mega projects. In projects where the investment in plant and machinery is over 10 crore and not exceeding 100 crore will be termed as large projects. The scheme initiated by the government will be valid till five years or when the government decides it end.

    The industrial unites set up under the Enterprises Promotion Policy 2015; after 14 August, 2015 will be only eligible for the scheme and would get classified as mega or large projects. They should also have filed IEM with competent authority and should have set up their units after 14 August, 2015.

    DISCLAIMER: JPL and its affiliates shall have no liability for any views, thoughts and comments expressed on this article.

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