HOW TO EXPAND THE RUNNING BUSINESS ?
IF you have a running business you can expand it introducing addtional machinery. You can avail subsidy assitance for the addtioal machinery introduced. @ rate decided by the department under Entrepreneur Support scheme. This kind of assistance is available only for a manufacturing unit enlisted in the Entrepreneur support scheme. There should have minimum of 25% increase in production. and the cost machinery introduced should be minimum 25% of the exissting machinery.
For example if the cost of Existing machinery is Rs. 10,00,000/-
the additional machinery should have minimum of Rs. 2,50,000/-
you can claim subsidy for addtional machnery, addtional electrification, addtional office furniture, and addtional building.