West Bengal Powerloom MSME Subsidy: Up to 100% Stamp Duty Reimbursement — Eligibility Criteria

To qualify, an enterprise must be an MSME working in West Bengal's powerloom sector.

• Commercial production must have begun on or after 1 January 2022 and on or before 31 December 2024.
• The unit must have executed a Four-party agreement with the Directorate of Textiles, a Financial Institution and Tantuja.
• A detailed feasibility report, or a project report prepared for the purpose, must cover the project.
• The project must have been approved and sanctioned by a Central Financial Institution, a Commercial Bank, or a State Financial Institution.

Ownership structure is not a barrier. Private-sector units, cooperative-sector units, joint-sector units, State Government-owned undertakings and Industrial Self-Help Groups (SHGs) are all within scope, as long as the other conditions are met.

West Bengal Powerloom MSME Subsidy: Up to 100% Stamp Duty Reimbursement is open to startups at any stage working in industrial goods and textiles leather. The programme is targeted at startups registered in West Bengal. Applicants should be registered as private limited, llp and opc. Applicants must hold MSME (Udyam) registration.