Best Government Subsidy for Small Business in India

Vikas Agarwal
Jan 5, 2017 · 2 min read

There are many people who apply loans for this purpose. But sometimes, loan application takes so much of time as lots of formalities need to be done before the loan gets approved. If you are either starting your business or expanding your existing industrial units by implementing new machines and equipment in the industry, then you can avail the financial help from Government also. The government may help your business by offering the cost of production of services or goods and this amount of money pffered by the government is also referred to as a Govt subsidy schemes.

Some of the top Government Subsidies that every small Business searches for:

1. Credit Guarantee Fund Scheme for small and micro enterprises-

2. Scheme for Technology Upgradation/ Modernization for Food Processing Industries/Establishment-

3. Technology Up-gradation Fund Scheme for Textile Sector-

4. Subsidy Scheme for the Leather Industry-Integrated Development of Leather Sector-

5. Market development Assistance Scheme for Small, Medium, and Micro Enterprises-

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Vikas Agarwal

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