MySubsidy

Incentive Scheme for MSMEs in Powerloom Sector: Subsidy for Energy Efficiency (West Bengal)

Department of Micro, Small and Medium Enterprises and Textiles, Government of West Bengal · Central government

The West Bengal government scheme subsidises micro and small powerloom enterprises up to ₹2 lakh for energy audits and conservation installations.

Closed. Applications closed on 31 December 2024. The details below describe the most recent cycle.

Key facts

Subsidy amount
Up to ₹2,00,000
Instrument
Subsidy
Deadline
31 December 2024
Disbursement
Reimbursed after spend

About this scheme

The Department of Micro, Small & Medium Enterprises and Textiles, Government of West Bengal, introduced the Incentive Scheme for MSMEs in Powerloom Sector on January 1, 2022. The scheme is designed to support a sustainable ecosystem for MSMEs in textiles, with an emphasis on improving fabric quality, creating jobs, and making better use of resources. Its stated objective is to establish West Bengal as a leading player in the powerloom industry.

Within this framework, the Subsidy for Energy Efficiency sub-scheme is aimed at eligible micro and small enterprises in the powerloom sector. It offers financial support to promote energy-efficient operations, covering the costs of energy audits conducted by certified agencies and providing subsidies for the implementation of conservation measures identified in those audits. The sub-scheme seeks to lower operational expenses for MSMEs and encourage environmentally sound manufacturing, thereby supporting the sector's competitiveness and its shift towards greener practices in the state.

Who can apply

Eligible business forms
Private limited company, Limited liability partnership, One person company, Partnership firm, Sole proprietorship
Udyam registration
Not specified
MSME registration
Required
DPIIT startup recognition
Not specified
GST registration
Not specified
Where the business may be based
West Bengal

- Applicable to micro, small, and medium enterprises (MSMEs) in the powerloom sector. - Commercial production must have commenced between January 1, 2022, and December 31, 2024. - A Four-party agreement is required with the Directorate of Textiles, a Financial Institution, and Tantuja. - Units may belong to the private sector, cooperative sector, joint sector, state government-owned undertakings, or Industrial SHGs. - The project must be supported by a detailed feasibility report and approved by a Central Financial Institution, Commercial Bank, or State Financial Institution.

How to apply

- **Obtain the Application Form:** Download the prescribed Form-A2 from the official website or the designated link. - **Compile Supporting Documents:** Assemble all necessary paperwork in line with the scheme’s requirements. This usually covers detailed project reports, feasibility studies, evidence of commercial production start, financial institution approval letters, and particulars of the energy audit and proposed installations. - **Submit the Application:** Once commercial production has begun, send the completed form and all required documents offline to the Directorate of Textiles, Handlooms, Spinning Mills, Silk Weaving & Handloom Based Handicrafts Division, New Secretariat Buildings, 1, K. S. Roy Road, 5th Floor, 'B' Block, Kolkata 700001. - **Meet the Deadline:** File the application within 12 months of the date commercial production commenced, and no later than the scheme’s closure on December 31, 2024.

Apply on the issuer's site

How applications are assessed

The Directorate of Textiles reviews applications for the Subsidy for Energy Efficiency scheme to confirm that all eligibility conditions are met. These include the date of commercial production, the execution of the Four-party agreement, and prior project approval from a recognised financial institution. The detailed feasibility report and energy audit recommendations are examined to verify the proposed energy conservation measures.

No specific selection committee or pitch process is outlined. Approval is likely determined through an internal assessment of the submitted documentation and compliance with the scheme’s guidelines, which establishes eligibility and the amount of reimbursement.

Frequently asked questions

What is the primary objective of this scheme?

The scheme offers fiscal incentives to micro and small enterprises in West Bengal’s powerloom sector for conducting energy audits and adopting conservation measures, with the aim of improving fabric quality and fostering a sustainable production ecosystem.

What kind of financial assistance does this sub-scheme offer?

The scheme reimburses 50% of energy audit expenses and 25% of energy conservation installation costs, with the installation subsidy capped at ₹2,00,000/-.

Which types of enterprises are eligible?

MSMEs in West Bengal's powerloom sector are eligible, covering private, cooperative, joint sector undertakings, state government-owned companies, and Industrial SHGs.

Are there any specific operational dates for eligibility?

Yes, the enterprise must have started commercial production between January 1, 2022, and December 31, 2024.

What are the key application requirements?

Applications must be submitted in the prescribed Form-A2, along with supporting documents, to the Directorate of Textiles. The project must have prior approval and sanction from a Central Financial Institution, Commercial Bank, or State Financial Institution.

What is the deadline for application submission?

Applications must be filed within 12 months of the start of commercial production, provided the scheme is still active. The scheme remains valid until December 31, 2024, which is the final date for submissions.

Sectors

  • Manufacturing Industrial
  • Msme
  • Powerloom
  • Textile
  • Energy Efficiency
  • West Bengal
  • Subsidy

Details last verified on 3 August 2026. Source: the issuer's published information.