Subsidy of interest on

Where an industry has received or is eligible to receive subsidy on interest, such subsidy will be for interest in excess of 4% of the interest payable by the industrial unit on the working capital loan and will be available for a period of five years in the following manner to different categories of industries from the date of obtaining the loan:- Artisan and Tiny units: Rs. 10,000.00 Small Scale Units: Rs. 50,000.00 Medium/Large Scale units: Rs. 1,00,000.00 (1) There shall be 100% reimbursement of power bill for an industrial unit consuming power up to the extent of Rs. 50,000 (Rupees fifty thousand) per annum. The reimbursement above the initial limit shall be to the extent of Rs. 50,000 (Rupees fifty thousand) plus 25 percent of the balance of actual payment subject to a maximum of Rs. 2 lakhs (Rupees two lakhs). (2) The State Government shall grant a subsidy of 30 percent power tariff to industrial units coming up in growth centres in Thrust areas. (3) 50% of the cost incurred on linking of power from the main line to the factory premises up to a maximum ceiling of Rs. 50,000 (Rupees fifty thousand). (4) Power tariff to the industries shall be levied at the cost of production as and when available.