Incentive & Subsidy
Government provides various kinds of incentives to startups. The objective of providing incentives is
to motivate an entrepreneur to set up a new venture in the larger interest of the nation and society.
Incentives may be financial or nonfinancial. Nonfinancial incentives propel an entrepreneur towards
decision and action. Entrepreneurs in India are offered a plethora of incentives, aiming to alleviate
some of the challenges faced by smallscale industrialists.
Subsidy :
Subsidy is financial assistance or a sum of money provided by the government to an
industry for public welfare or interest. It encompasses any financial aid, grant, or contribution
provided by central/ state governments
Bounty :
The term "bounty" denotes a bonus or financial aid given to an industry to aid it in
competing with other units established in the country or foreign markets.
Chandnani Enterprises will assist you in the following ways:
- Nature of subsidies available to projects
- Quantum of incentives available
- Unit registration application for subsidy
- Application for subsidy under various schemes