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Incentives for Industries
The state government offers a package of
incentives for setting up of industrial units, which is
comparable to other states. Besides, the special incentive
package i.e North East Industrial and Investment Promotion
Policy (NEIIP) declared by the Government of India for the North East Region is available to industrial
units. Brief particulars of the incentives are as follows
State Package of Incentives
 Capital
Investment Subsidy @ 30% and additional
subsidy @ 2.5% for
enterprises of ST, SC,
& women individuals on Fixed Capital
Investment, f
or land and civil works subject to a ceiling of
Rs. 50 lakh per unit
Reimbursement
of commodity tax for 5 years
subject to a maximum ceiling of Rs. 50 lakh PM
Procurement
Preference @15% on purchases
by the Government
3%
Interest Subsidy on term loans
Reimbursement
of power charges for a period of
5 (five) years on an annual tapering basis with
a maximum of Rs. 12 lakhs per enterprise
10%
State Transport Subsidy for a period of
5 (five)
years in the line of Central Transport Subsidy
Incentives declared by Central Government
Incentives to all industrial units located anywhere in the N-E
Region.
Exemption
of Excise Duty on finished products
Central
Transport Subsidy
Income
Tax Benefit
Capital
Investment Subsidy
Interest
Subsidy on working capital loans
Comprehensive
Insurance Scheme for insurance
coverage. Subsidies to service
sector,
bio-technology and power generating industries
Other Benefits / Strengths
90%
subsidy on Air Freight from Agartala to Guwahati/ Kolkata, on
transport
of fruits/fruit products for export
Tripura
Industrial Development Agency (TIDA), as Single Window for
facilitation
of necessary clearances and other assistance to entrepreneurs
Prompt
and regular clearance of incentives and subsidy claims – both
State
and Central; State is up-to-date in payment/reimbursement of
incentives and subsidies
State
Level Committees for identification and facilitation of Food
Processing,
Natural Gas, Information Technology and Export-oriented Projects
Transparent,
efficient and responsive administration.
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