State Profile of Jammu & Kashmir

• Jammu and Kashmir Agriculture, Horticulture and Food Processing 2020

• J&K SIDCO (Jammu & Kashmir State Industrial Development Corporation) is the nodal agency

Single window clearance http://www.investjk.in/

• N/A

• Sate Capital Investment Subsidy @ 30% of cost of plant and machinery with upper limit of Rs.60.00 Lakhs to 300.00 Lakhs and Rs.30.00 Lakhs to Rs.150.00 Lakhs in manufacturing & services sector respectively.

• Subsidy on Pollution Control Devices @ 60% of the cost of pollution control devices subject to a maximum of Rs.50.00 Lakhs.

• Back ended subsidy will be provided (maximum of up to INR 7.26 Cr. on “prorate basis”) on establishment of 5000 MT capacity CA storage facility; in addition to the back ended subsidy under MIDH.

• Credit linked back-ended subsidy @ 35% of the cost of project in general areas and 50% of cost in case Hilly & Scheduled areas, per beneficiary for the following

  S.No.	Component	Pattern of assistance
  1.	Cold storage units Type 1 -basic mezzanine structure with large chamber (of >250MT) type with single temperature zone.	Rs. 8,000/MT, (max 5,000 MT capacity)
  2.	Cold Storage Unit Type 2 – PEB structure for multiple temperature and product use, more than 6 chambers (of < 250 MT) and basic	Rs. 10,000/MT, (max5,000 MT capacity)
  3.	Refrigerated Transport vehicles	Rs. 26.00 lakh for 9 MT (NHM & HMNEH), and prorata basis for lesser capacity, but not below 4 MT.
  4.	Packhouse	50% of the capital with size of 9Mx6M and ceiling upto 4 lakhs per unit
  5.	Integrated pack house with facilities for conveyer belt, sorting, grading units, washing, drying and weighing	Rs. 50.00 lakh per unit with size of9Mx18M
  6.	Primary / Mobile/ Minimalprocessing unit	Credit linked back-ended subsidy @ 40% of the capital cost of project in general areas and 55% in case of Hilly & Scheduled areas with max. assistance upto 25 lakh per unit
  7.	Preservation Unit	50% of the total cost with Rs.2.00 lakh/unit for new unit and Rs.1.00lakh/unit for up-gradation

• State Capital Investment Subsidy @ 30% of cost of plant and machinery with upper limit of Rs.60.00 Lakhs to 300.00 Lakhs and Rs.30.00 Lakhs to Rs.150.00 Lakhs in manufacturing & services sector respectively.

• Subsidy on Pollution Control Devices @ 60% of the cost of pollution control devices subject to a maximum of Rs.50.00 Lakhs.

Interest Subvention

• Interest Subvention will be provided for a period of 5 years on a loan of maximum Rs 1 Cr. availed for establishment of 500 MTs Walnut Processing Unit in private sector. (The scheme guidelines are available with the Department of Horticulture, Government of Jammu and Kashmir)

• Interest subvention will be provided for a period of 5 years on the loan availed for procurement of Refrigerated Van of capacity 9MT/16MT; less by the amount of subsidy under MIDH. (The scheme guidelines are available with the Department of Horticulture, Government of Jammu and Kashmir)

• Back ended subsidy will be provided (maximum of up to Rs 7.26 Cr. on “prorate basis”) on establishment of 5000 MT capacity CA storage facility; in addition to the back ended subsidy under MIDH. (The scheme guidelines are available with the Department of Horticulture, Government of Jammu and Kashmir)

• Interest Subsidy on Working capital @ 3% to 5%

• Stamp Duty and Court Fee exemptions on mortgage deeds in favour of Financial Institutions required to be signed by promoter shall be exempted from payment of stamp duty.

  GST Reimbursement in terms of SRO 519, 521 of 2017 and SRO 63 of 2018

  • Reimbursement of Integrated Goods and Services Tax for promotion of Small/Medium/Large Scale Industries in the state in terms of SRO 431 of 2018

• N/A

• Air Freight Subsidy for registered Micro and SSI Units for any destination within the country @ 50% subject to a maximum of Rs. 5.00 Lakhs per year per unit.

• Toll Tax Exemption on import or raw material and export of finished goods, excepting goods brought on negative list.
• Toll Tax exemption against procurement of the plant and machinery, building material and other equipments required for construction of factory for a period of five years from the date of registration.
• Exemption from earnest Money/Security Deposits to the extent of 50% or Rs.5000/- whichever is less and also 50% of the cost of tender documents or Rs.100/- whichever is less.

• Green and Environment Protection Initiatives @ 50% with upper limis of Rs. 2.00 to 6.00 Lakhs on the expenditure incurred on the equipment.

• Subsidy on purchase and installation of Diesel Sets of 10 KW to 2000 KW @100% with a maximum limit of Rs. 40/45 Lakhs.

• GI Certification @50%/30%/10% subject to maximum of Rs. 15/10/05 Lakhs during the 1st/2nd/3rd year respectively on expenses incurred.

• Quality Control and Testing Equipment @100% with upper limit of Rs. 35 Lakhs on cost of such equipments.

• Automation through computers/IT @25% of the expenditure incurred on automation.

• Pre-investment Studies/ Feasibility Reports @100% subject to a limit of Rs. 2.00 Lakhs at the time of execution of the project

Incentive to Farmer Producer Organizations (FPOs) Agro/ Food Cooperatives.

• To promote registered Farmer Producer Organizations (FPOs) and Agro/ Food Cooperatives, Interest Subvention for a period of 3 years on the working capital limited to a maximum of Rs. 50 Lakh will be provided.