Overlaps, stacking and mutual exclusivity
Questions in This Section
Can an MSME claim under both the MSME Policy 2022 and a sectoral policy (say, Textile Policy 2022)?
It must opt for one for the same head of incentive. Common practice: opt for the sectoral policy where its capital/interest subsidy is richer, and separately claim export-linked benefits under the Export Promotion Policy where the heads do not overlap.
Can a unit inside a private industrial park claim its own incentives while the developer claims park incentives?
Yes â developer incentives and unit incentives are separate streams.
Can a GCC in a Private Business Park claim both?
The developer claims under the Business Park Scheme; the tenant GCC claims under the GCC Policy 2024. Separate entities, separate claims.
Can a unit switch policies mid-stream?
Generally not after an EC is issued. Before EC, a written request to the sanctioning committee may be entertained.
What if a policy is amended after my LoC?
The default is that a unit is governed by the policy as it stood on the date of its LoC/registration, but most amendments include a clause permitting existing units to opt for the amended terms. Read the amendment's transition clause.