In line with the budget announcement regarding transparency and timely disbursement of incentives, Haryana Chief Minister Nayab Singh Saini today released the first instalment of incentives amounting to a total of Rs. 311 crore and Rs. 25 lakh to 670 beneficiaries under various schemes of the Directorate of MSME and the Directorate of Industries and Commerce through e-Kuber (Treasury).
At a news conference held at Haryana Niwas on Thursday, the Chief Minister said that while presenting the Budget, he had announced that after applications were submitted on the Invest Haryana portal and the necessary scrutiny was completed, 50 per cent of the eligible incentive amount would be released in advance within seven working days. The remaining 50 per cent of the eligible incentive amount would be released within 45 working days after completion of the detailed scrutiny of the application.
Reiterating this commitment, the State Government remains committed to the timely disbursement of incentives, providing all possible support to entrepreneurs, and strengthening the MSME sector in Haryana. He said that, in accordance with the government’s commitment, the timely release of incentives is crucial for enterprises.
Incentives for MSMEs
The incentives released today include Rs. 45.44 crore to 539 beneficiaries under the Haryana Enterprises and Employment Policy (HEEP) of the MSME Department; Rs. 9.29 crore to four beneficiaries under the Logistics, Warehousing and Retail Policy (LWR); and Rs. 144.16 crore to 16 beneficiaries under the Haryana Enterprises and Employment Policy (HEEP) of the Directorate of Industries.
In addition, Rs. 24.53 crore has been released to 10 beneficiaries under the Plug and Play Scheme. Further, Rs. 65.18 crore has been released to 98 beneficiaries under the Aatmanirbhar Textile Policy, Rs. 20.54 crore to two beneficiaries under the Programme to Accelerate Development for MSME Advancement (PADMA), and Rs. 2.11 crore for one cluster development under the MSE Cluster Development Programme (MSE CDP).
Industries Minister Rao Narbir Singh said that the Haryana Government is implementing various schemes and policies for enterprises across the state, with special emphasis on the timely disbursement of incentives, a transparent process, and providing timely assistance to eligible beneficiaries. The department is continuously working to support entrepreneurs, Micro, Small and Medium Enterprises (MSMEs), and mega and large industries across Haryana, while ensuring that financial assistance provided under various policies reaches eligible beneficiaries on time.
