State Profile of Sikkim

Single Window clearance(https://environmentclearance.nic.in/Staterecord.aspx?)

100% reimbursement of power bill for consuming up to INR 50,000 per annum. For above INR 50,000 the reimbursement will be to the extent of INR 50,000 plus 25% of the balance of actual payment subject to a maximum of INR 2 lakhs.

The State Government shall grant a subsidy of 30% to power tariff to industrial units coming up Growth Centre or Thrust Areas.

50% of the cost incurred on linking of power from the main line to the factory shed subject to a maximum ceiling of INR 50,000.

25% subsidy will be admissible for purchase of Diesel generating sets subject to maximum ceiling of INR 30,000

All New industries in the notified location would be eligible for capital investment subsidy @ 15% of their investment in plant & machinery, subject to a ceiling of Rs.30 lakh. The existing units will be entitled to this subsidy on substantial expansion, as defined.

The insurance premium to the extent of 100% on capital investment for a period of 10 years would be extended by the Central Government to all new units and to existing units on their substantial expansion, as defined.

Cost of laboratory Equipment for the purpose of quality control and ISI certification subject to a maximum of Rs.10,000 (Rupees ten thousand) per unit will be reimbursed incases where it does not form part of the project cost.

An industrial unit shall receive a one-time subsidy on consultancy charge paid to an approved consultant as per the scale noted below:

• For project up to INR 10 lakhs, 3% subsidy subject to maximum of INR 20,000

• For project above INR 10 lakhs, 3% subsidy subject to maximum of INR 100,000

An interest subsidy of 3% on the working capital loan would be provided to all new industrial units in notified locations for a period of 10 years after the commencement of commercial production. This benefit would also be extended to existing units in notified locations on expansion, as defined, as well as to Thrust Industries.

New industrial units and existing industrial units on their substantial expansion as defined, set up in Growth Center, Industrial Infrastructure Development Centers (IIDCs) and other locations like Industrial Estates, Export Processing Zones, Food Parks, IT Parks, etc., as notified by the Central Government are entitled to 100% income tax and excise duty exemption for a period of 10 years from the date of commencement of commercial production. Thrust Sector Industries are entitled to similar concessions in the entire State of Sikkim without area restrictions

Industrial units shall be exempted from the payment of security deposits and/ or earnest money in respect of tenders or quotations for purchase of stores by Government Department

Government will reimburse annually up to 30% of the realistic wage bill for local tribal employees. This would be for three years from the date of entertainment. The maximum limit of such subsidy is INR 1 lakh.

Export oriented units committing to export at least 50% of the value of the turn-over will be eligible for an additional reimbursement of INR 1,00,000/- against such quality control measures.