Incentive Scheme for MSMEs in Powerloom Sector: Subsidy for Patent Registration

Incentive Scheme for MSMEs in Powerloom Sector: Subsidy for Patent Registration is a state-level scheme of the Government of West Bengal that gives cash reimbursement to eligible micro, small, and medium enterprises in the powerloom sector for the cost of patent registration. It encourages innovation and protects intellectual property within the powerloom industry.

Scheme has been closed or it was a one time scheme which has been closed by the government.

Incentive Scheme for MSMEs in Powerloom Sector: Subsidy for Patent Registration - Introduction

Incentive Scheme for MSMEs in Powerloom Sector: Subsidy for Patent Registration is a dedicated sub-scheme launched by the Department of Micro, Small and Medium Enterprises and Textiles, Government of West Bengal. It ran from 1st January, 2022, to 31st December, 2024, to support local textile businesses.

This scheme gave a reimbursement for the money spent on getting official patent registrations. By doing this, the government helped businesses protect their new ideas while they focused on growing their units.

Key Information

Benefits

Eligible units could claim a 50% subsidy on their patent registration expenses, subject to a maximum limit of rupees 5,00,000.

Eligibility

To qualify for this support, an enterprise needed to meet the following criteria:

1. The enterprise must operate within the powerloom sector as a micro, small, or medium unit.
2. Production must have started between 01.01.2022 and 31.12.2024.
3. A four-party agreement must have been signed involving the Directorate of Textiles, the financial institution, Tantuja, and the unit.
4. The unit should be a private, cooperative, or joint sector undertaking, or one managed by the State Government or an industrial self-help group.
5. The project must have a detailed feasibility report prepared for this purpose.
6. The project must be approved and sanctioned by a commercial bank or a state or central financial institution.

Exclusions

A unit was not eligible if:

1. It had already received an eligibility certificate or disbursed incentives under other state schemes for the same project.
2. It started production before 31.12.2021 and had already claimed incentives under previous state schemes.

Application Process

To apply, an eligible unit needed to complete the following steps:

STEP 1 - After starting production, submit the application using the prescribed Form-A2.

STEP 2 - Submit the application to the Directorate of Textiles within 12 months of starting commercial production.

Send the application to:

Directorate of Textiles, Handlooms, Spinning Mills, Silk Weaving & Handloom Based Handicrafts Division, New Secretariat Buildings, 1, K. S. Roy Road, 5th Floor, B Block, Kolkata 700001.

Documents

The following documents needed to be kept ready for the application:

1. Memorandum and Articles of Association or partnership deed.
2. Statement showing names and addresses of owners or partners.
3. Approved project report.
4. Loan sanction and disbursement letters from the bank.
5. Copy of the four-party agreement.
6. Audited balance sheets for the last 2 years.
7. Land deed or lease or rent agreement.
8. Mutation and conversion certificate for the premises.
9. Valid consent to operate from the WBPCB.
10. Trade license and Udyam Registration certificate.
11. Relevant SC or ST certificates if applicable.
12. Self-declaration as per official guidelines.
13. Proof of fees paid for patent registration and the Patent Registration Certificate.

Definitions

Zone-A

Includes Kolkata Municipal Corporation, and all municipal areas under North 24-Parganas, South 24-Parganas, and Howrah.

Zone-B

Includes districts like Hooghly, portions of North or South 24-Parganas, Howrah (non-municipal), Siliguri Municipal Corporation, and parts of Paschim or Purba Medinipur, Purba or Paschim Bardhaman, and Nadia.

Zone-C

Includes districts like Malda, Jalpaiguri, Murshidabad, Darjeeling (excluding Siliguri), Kalimpong, and Alipurduar.

Zone-D

Includes districts like Birbhum, Purulia, Bankura, Uttar Dinajpur, Dakshin Dinajpur, Jhargram, and specific Sundarban areas.

References

Download Official Scheme Guidelines

FAQ's

What areas are classified under Zone A?

Zone A consists of the Kolkata Municipal Corporation and all municipal areas within North 24-Parganas, South 24-Parganas, and Howrah.

What is an approved project?

An approved project is one that has received technical approval from the Directorate of Textiles and financial approval from a bank or recognized financial institution.

How will the authorities verify a claim?

After the application is submitted, officers from the Directorate of Textiles perform a physical inspection to verify the machinery and investment details within 15 days.

What if the application is rejected?

If the application does not meet the required criteria, the Directorate of Textiles sends a formal rejection letter explaining the decision.

Can own resources be used for project finance?

Yes, if the project is funded by the unit itself, a certificate from a Chartered Accountant confirming the source of funds and the technical specifications of the machinery should be provided.