Local employment promotion grant.

(1) The Government will reimburse annually up to 30% (thirty percent) of the realistic wage bill for local employees. This would be for three years from the date of commencement. The maximum limit of such subsidy is Rs. 1 lakh (Rupees one lakh). (2) Fifty percent of the cost incurred on the training of local employees will be reimbursed subject to the following conditions, namely:- (a) Such trained person shall be absorbed in the unit failing which the unit will refund the subsidy amount paid for the same. (b) Training shall be conducted in an Institute approved by the State Government. Entrepreneurs sent out side Sikkim with the approval of the Director of Industries for study tours and inplant training shall be eligible for reimbursement of the return journey expenses of second class train fare and an allowance of Rs. 1000/- (Rupees one thousand) per mensem per entrepreneur; Provided that the period of such a study tour/inplant training should not exceed three months and the entrepreneur shall give an undertaking in writing to the Department of Industries that he/she shall start an industrial unit after obtaining the necessary technical know how of the industry concerned. The study tour and in plant training for a period not exceeding three months may also be made available for workers who are sent outside the State. Provided that the industrial unit sending such workers shall obtain an undertaking from them that they shall work in the unit at least for a period of three years from the date they complete training. The reimbursement of expenditure of return journey of Second Class by train and allowance of Rs. 500/- (Rupees five hundred) per workers shall be eligible to the industrial unit concerned in such cases.