Major Plan Scheme

Development of Industrial Areas and Estates

With the passing of time, there has been a steep rise in scarcity of suitable land for setting up of industrial projects. Therefore, to meet the above demand clutched with other basic Industrial Infrastructures, like road, water, power etc., the Department have acquired suitable plots of land almost in every district of the state and developed them into industrial areas and estates. And for efficient maintenance of these Industrial Areas and Estates, the Department has a specific annual plan scheme known as Development of Industrial Areas and Estates.

Man Power General Schemes

In order to create skill technical and managerial entrepreneurs, the Department, through the District Industries Centres (D.I.Cs.) and State Financial and Industrial Development Corporation, i.e., Meghalaya Industrial Development Corporation (M.I.D.C.) sponsors local youths with suitable stipend to undergo training studies so that they meet either the local demand or set up Industries of their own as self-employment ventures after successful completion of their courses.

These schemes are:

1. Manpower Training Scheme and

2. Entrepreneurial Development Programme

Feasibility Studies

As consultancy and study for identification of viable industrial projects, the Department, through the Meghalaya Industrial Development Corporation (M.I.D.C.) have undertaken a feasibility studies of several Industrial projects, in which the Meghalaya Industrial Development Corporation can take part in its equity participation.

Financial Operation

In order to enable the Meghalaya Industrial Development Corporation (M.I.D.C.) to meet its requirement of fund as a financial institution, the Department extends fund to the Meghalaya Industrial Development Corporation under the scheme of Financial Operation.

Package Scheme of Incentives

With the announcement of the State’s Industrial Policy in May 3, 1988 , the Department extended the various package of incentive to small-scale medium and large-scale industries for specific period of 5 (Five) or 7 (Seven) years for different item.

These state incentives are available to industrial units after they are established and permanently registered with the State Directorate of Industries or the District Industries Centre (D.I.C.) as the case may be.

Share Capital Contribution

As a Promotional Department, the Department do take part in Share Capital Contribution to: -

1. Meghalaya Industrial Development Corporation (M.I.D.C.)

2. Mawmluh Cherra Cements Limited (M.C.C.L.)

3. Meghalaya Khadi And Village Industries Board (M.K.V.I.B.)

4. Meghalaya Handloom And Handicrafts Development Corporation (M.H.H.D.C.)

5. Meghalaya Electronics Development Corporation (M.E.D.C.)

Transport Subsidy Scheme

A major fiscal assistance is received by the local Industries by way of Transport Subsidy against the expenditure incurred by these units either by importing their requirement of raw materials, or exporting of their finished products from or to outside the state.

The requirement of fund for the purpose is reimbursed by the Central Government after the claims are disbursed on cent per cent basis.

District Industries Centre Programmes

The innovative scheme of District Industries Centre Programmes was introduced by the Government of India to provide all facilities to entrepreneurs under a single roof.

Under the scheme, each district of the state will have a fully functional District Industries Centres (D.I.Cs) manned with managerial expertise in different streams.