Infrastructure Development Projects under the scheme would cover Projects for infrastructural facilities like power distribution network, water, telecommunication, drainage and pollution control facilities, roads, banks, raw material storage and marketing outlets, common service facilities and technological backup services for MSEs in the new/existing industrial estates/areas.
The GoI grant will be restricted to 60% of the cost of Project (Rs.10.00 crore for Industrial Estate & Rs.15.00 crore for Flatted Factory Complex). GoI grant will be 80% for Projects in NE & Hilly States, Island territories, Aspirational Districts/LWE affected Districts, industrial areas/estates/Flatted Factory Complex with more than 50% (a) micro/village or (b) women owned or (c) SC/ST units.
The State/UT Governments will also meet the cost in excess of Rs.10.00 crore/Rs.15.00 crore or any escalation in cost.
Variation of 10% max. is admissible in component-wise cost subject to keeping overall Project cost unchanged.