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[BUSINESS] · India · 3 sources

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Haryana releases Rs 311.25 crore in incentives to 670 beneficiaries

The Haryana government has released the first tranche of incentives totaling Rs 311.25 crore to 670 beneficiaries. This disbursement, facilitated through e-Kuber, supports various schemes under the Directorate of MSME and the Directorate of Industries and Commerce.

Chief Minister Nayab Singh Saini stated that the release fulfills a budget commitment to ensure transparency and timely support for the industrial sector. Under the new process, 50 per cent of eligible incentive amounts are released within seven working days of application scrutiny via the Invest Haryana portal, with the remaining 50 per cent issued within 45 working days following detailed scrutiny.

The allocation includes Rs 45.44 crore for 539 beneficiaries under the Haryana Enterprises and Employment Policy (HEEP) of the MSME Department, Rs 9.29 crore for four beneficiaries under the Logistics, Warehousing and Retail Policy (LWR), and Rs 144.16 crore for 16 beneficiaries under the HEEP of the Directorate of Industries. Additionally, Rs 24.53 crore was distributed to 10 beneficiaries under the Plug and Play Scheme.

Entities

Directorate of Industries and Commerce · Directorate of MSME · Haryana government · Nayab Singh Saini