How to Apply for Puducherry Interest Subsidy — Up to ₹5 Lakh a Year for Industrial Units

Applications are handled entirely inside the Industries Department. There is no competitive shortlisting round, no pitch and no external jury — the decision turns on whether the unit and its paperwork match the scheme's conditions.

• Department scrutiny: once an application is received, officials process and scrutinise it to verify that the unit, its promoter category, its borrowing and its production commencement date all meet the eligibility criteria.
• Sanction: after verification, the department obtains the necessary sanctions for grant of the incentive or subsidy.
• No State Level Committee: these cases are dealt with directly by the department and do not need to be placed before a State Level Committee for approval.