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25% Capital Investment Subsidy Scheme

Unemployed Youth
Application Process
Documents Required
Frequently Asked Questions
The Union Territory of Lakshadweep has been declared as the “No industrial Area” and hence no scope for establishing major Industries in this UT. The Govt. of India is giving significant emphasis on setting up Small-Scale Industrial units for the economic development of the Islands in order to create self-employment/ job opportunities considering the lack of employment in the Government Sector under the U.T. Administration. Specific studies were conducted by the Planning Commission in pursuance of the decision taken by the Standing Committee of the Island Development Authority and constituted an Expert Committee. The Committee learned about problems of Industrialization in these Islands and identified special needs that would accelerate the Start-up Industries in Lakshadweep. Based on the recommendation of the expert committee, Govt. of India has approved the implementation of a scheme called 25% Capital Investment Subsidy to the local entrepreneurs for promoting Micro and Small Enterprises in Lakshadweep. This scheme paves the way to improve industrialization and to facilitate local entrepreneurs/unemployed youth to take up viable ventures (Micro & Small Enterprises) in the Islands.
Objective of the Scheme:
• To promote Micro & Small Enterprises.
• To generate employment opportunities in the private sector.
• Industrial Promotion & Economic Development of the islands.
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