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How to Apply for Investment Promotion Scheme (IPS): Up to ₹45L Capital Subsidy for MSMEs
How to apply
Investment Promotion Scheme (IPS): Up to ₹45L Capital Subsidy for MSMEs accepts applications online through the official portal on a rolling basis. Follow the steps below — and always confirm the latest details on the official source before you apply.
How to apply
Applications are submitted on the . Confirm the current deadline and document checklist there before you start.
Selection process
Every application goes in through the Single Window Portal and then moves through a structured review.
- Initial screening: The submission is checked for completeness and for meeting the basic eligibility conditions.
- Detailed evaluation: The Department of Industries examines the application closely — what kind of manufacturing or service unit it is, whether the Gross Fixed Capital Investment (GFCI) claimed is valid, and how far the proposal fits the objectives of the scheme.
- Verification: This stage typically covers confirmation of the commercial production commencement date and compliance with pollution control norms.
- Approval: A competent authority or committee gives the final go-ahead on the basis of these assessments, after which the subsidy is disbursed.
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