Subsidy
A subsidy is a benefit given to an individual or business entity, or institution, usually by the state government or central government. It is usually in the form of a cash payment or reimbursement or a tax reduction in several sectors of investments and expenses of the individual or business entity, or institution. The subsidy is typically given to remove some type of burden, and it is often considered to be in the overall interest of the public, given to promote a social good or an economic policy.
- Government of India sponsored subsidies like Ministry of Food Processing Industries Scheme (MOFPI), Technology UpgradationFund Scheme (TUFS), Pradhan MantriKisanSampadaYojana (PMKSY), Integrated Development of Leather Scheme (IDLS) etc
- State Government sponsored subsidies like West Bengal State Policy, Assam State Policy, Meghalaya State Policy, Telangana State Policy etc.
- Industry Specific Scheme like Power Intensive Scheme, Special Power Duty Policy etc.
- Trade Specific Subsidies like Export Import Policy etc.
- MSME Specific Policies likeCredit Linked Capital Subsidy Scheme (CLCSS), KrishiBikashShilpa Kendra Scheme (KBSK) etc.
- Any other subsidies notify by the State and Central Govt. time to time.
LICENSE
A license is an official document which gives you permission to do, use, or own something. If you say that something gives someone license or a license to act in a particular way, you mean that it gives them an excuse to behave in an irresponsible or excessive way.
- Fire Licensing
- SWID license
- SWID license
- Pollution License
- Factory License
- Trade License etc
- Any other license or statutory permission needed as Subsidy Scheme specific.
