Question: Can you explain the "Market Development Support Assistance" under "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries - Various Incentives" program?

Answer: **Eligibility:** , and recommends the quantum of incentive/subsidy admissible to the unit. Who sanctions the subsidies based on the
Committee's recommendations?The Director of Industries and Commerce sanctions the subsidies based on the Committee's
recommendations. What is the composition of the State Level Committee?The Committee comprises the Secretary to Government
(Industries and Commerce), Managing Director of PIPDIC, Deputy Secretary/Under Secretary (Finance), and Director of Industries and
Commerce. When is the entire amount of subsidies and incentives availed required to be refunded?The amount must be refunded if there
are amendments in partners or shareholders within five years of availing the subsidy, with an interest of 14% per annum. Sources And
ReferencesGuidelinesApplication Form & Documents RequiredGrievance RedressalHelplineOkWas this helpful?News and UpdatesNo
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know more please visit CancelApply NowPuducherry"Market Development Support Assistance" under "Motivation of
Entrepreneurs to Start Industries and Fiscal Assistance to Industries - Various
Incentives"BusinessEnterpreneurIndustryMarketTradeDetailsBenefitsEligibilityExclusionsApplication ProcessDocuments
RequiredFrequently Asked Questions"Market Development Support Assistance" under "Motivation of Entrepreneurs to Start Industries
and Fiscal Assistance to Industries - Various Incentives" is a scheme by the Industries and Commerce Department, Union Territory of
Puducherry. The scheme came into force with effect from 1st April 2017 and is in operation in the whole of the UT of Puducherry.
Through this scheme, assistance worth 50% of total rent, literature and display material (subject to a maximum of â‚¹5,00,000/-) is
provided to the industrial unit for participation in international trade fair as an industry association. The applications are accepted offline
in the prescribed form available on the Official Website of the Department.OkWas this helpful?ShareNews and UpdatesNo new news
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