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The Bodoland Territorial Council is the result of tripartite accord being signed on 10th February, 2003 in between Govt. of India, Govt. of Assam and Boro Liberation Tiger (BLT) for creation of separate Autonomous district out of western Assam of Kokrajhar and part of Bongaigaon, Barpeta, Nalbari,Kamrup, Darrang and Dhubri district notified vide No.TAD/BTC/161/2003/6 dated the 31st Oct. 2003 through 92nd Constitutional Amendment Act,2003 dated 7th Jan’2004 of the Constitution of India.
The names of the newly created four districts which is known as Bodoland Territorial Area District (BTAD) are Kokrajhar, Chirang, Baksa and Udalguri. The objective of creating Autonomous Council is to rule by self governing body and to provide constitutional protection under Sixth schedule to fulfill their Economic, Educational and other Socio-Cultural and ethnic identity of ST including speeding up of infrastructure development.
Industrial Estate, Lease Basis
The Industries & Commerce Department, BTC will make efforts to provide for-
50% Rent Subsidy — First 3 Years
The Industries & Commerce Department, BTC will construct industrial sheds of different sizes in available and proposed Industrial Estates/Parks and will allot to industrial units on monthly rental basis as per existing terms and conditions of State Industries & Commerce Department and the monthly rent will be subsidized at 50% for the first three years from the date of occupation, provided the industrial unit shall start commercial production within a period of six months from the date of allotment and subject to regular payment of shed rent as per agreement.
20% CIS — Max Rs. 15 Lakh
All eligible Small Units will be granted Capital Investment Subsidy at 20% on the amount spent on the cost of Plant & Machinery and it's installation charge, internal electrification and installation of transformer with cost of electrical installation from transformer to factory shed and DG set, subject to a maximum of Rs. 15.00 lakh.
30% CIS — Max Rs. 10 Lakh
All eligible Micro Units will be granted Capital Investment Subsidy at 30% on the amount spent on the cost of Plant & Machinery and it's installation charge, internal electrification, installation of transformer with cost of electrical installation from transformer to factory shed, DG set and workshop shed/Building (only required for production purpose), subject to a maximum of Rs. 10.00 lakh.
Max Rs. 25 Lakh — 50% of Plant & Machinery Cost
Objective: The scheme aims to help the unemployed youth, Artisans, Entrepreneurs who are short of fund and are unable to meet the conditions of Banks/Financial Institution for arrangement of credit assistance for setting up of their enterprises (MSME).
Nature of Incentive: An amount of maximum limit of Rs. 25.00 lakh (50% on total project cost on Plant & Machinery), would be provided as Financial assistance through the bank account of the entrepreneur of that particular project. Balance or shortfall of project cost would be met up by the entrepreneur from own source or other internal sources or from the Bank/FI.
Max Rs. 25 Lakh per Running Unit
Objective: The main objective of the scheme is to provide financial assistance to entrepreneurs by way of margin money so as to enable them to run their enterprises by availing financial assistance from Banks/Financial Institutions.
Nature of Incentive: Margin money assistance will be 100% of the margin contributed by the entrepreneur against the total term loan sanctioned by the banks or financial Institutions. Maximum ceiling is Rs. 25 lakhs to each running unit.
Grant to Artisans & SHGs
Improved tools & modern machineries will be provided as grants to Artisans/Entrepreneurs , SHG (engaged in Industrial activities) and trained Entrepreneurs trained by different Govt. organization like NSIC,MSME, IIE, DI&CC etc for the specific trades feasible in BTC areas as decided by BTC level committee from time to time. The Cost of Machinery will vary as per the activity selected by the Deptt.of Industries & Commerce, BTC.
District, State & National Level
Two district level exhibitions in each district and one BTAD level exhibition in district head quarter are proposed to be conducted every year. The objective is to provide marketing support so the products of handicraft ,micro and small unit could easily be sold in the national and international market at competitive prices.
30% Subsidy — Max Rs. 3 Lakh/Year
30% subsidy on interest on term loan from banks will be provided to all eligible Micro and Small units. The maximum limit will be Rs. 3 Lakhs per year per unit.
Annual Training & Exposure
The Council will initiate training programme every year to up-grade human skills in relation to industrial activities. Industrial awareness programmes shall be conducted in each district within the Council areas. Product specific training for entrepreneurs covering all four districts through organizations like NSIC/MSME/CIPET/CFTRI/IIE/RUBBER BOARD/ SPICE BOARD/ TOKLAI TEA RESEARCH CENTRE etc. will be conducted every year. The study tour programme to have exposure on relevant, current activities will be undertaken.
100% One-time Grant — Max Rs. 1 Lakh
Industries & Commerce Department of BTC Kokrajhar will take initiative for the improvement of the functioning of existing and new unorganized groups of artisans' units, handicraft units and registered SHGs located within BTAD area by way of one time grants which will be 100% of the cost involved (maximum Rs 1.00 L) depending upon the needs for up gradation/purchase of modern machinery , constructions of working shed etc
Special Incentive for Returning Entrepreneurs
To attract domicile entrepreneurs/artisans/unemployed youths of BTADs who are working outside BTAD/State , a special incentive in addition to the incentives available in this policy , will be provided to start and run entrepreneurial ventures here to uplift the economy and also to encourage employment of local people, create entrepreneurial climate through their different HRD programmes, support activities relevant for BTC areas. The special incentives will be decided by the BTC level committee on the basis of their project activities and investment as and when required .
25% Subsidy — Max Rs. 10 Lakh
Private investment in case of construction of model commercial centre in market area, will be encouraged by the BTC by providing 25% subsidy of total building construction cost, maximum of Rs 10 lakhs. The private investor who will construct the commercial centre, should have plot in market area in his own name. The commercial centre will be minimum of 15 rooms of size 15X20 sq Ft with minimum amenities like Electricity connection (single/three phase), water provision, sanitary facilities etc. The promoter of the private property (commercial estate) to provide on lease/rent basis to the entrepreneurs who have obtained loan from Bank /FI or Financial Assistance or Modern Machinery & Equipments from Industries and Commerce Department on priority basis at subsidized rate of rent.
Incentives under the Policy BIP'2019 shall be available for the following categories:
One unit can avail only one of the following incentives during the policy period:
1. BTC Capital Investment Subsidy. 2. Financial Assistance Scheme (Grants). 3. Margin Money Assistance.
New Units shall apply in Prescribed Form No.1.
Application for BTC capital Investment subsidy shall be submitted to the concerned authority in prescribed format. (GM, DICC/Addl. Director Industries & Commerce Deptt.)
The documents indicated for BTC Capital Investment subsidy are to be furnished.
GM, DICC will get the unit physically verified by an authorized officer of DICC/O/oADCIs. Besides physical verification of the Unit, the enquiry officer will also ascertain the quantum of CIS eligible for the unit and submit his enquiry report in prescribed format (Form-2).
On receipt of enquiry report in respect of eligibility as well as quantum of eligible CIS for the unit, GM,DICC will place the proposals before the District Level Committee (DLC) for consideration.
On receipt of the approval of DLC, one duly signed statement along with the minutes of DLC meeting shall be forwarded to the Addl. Director & CHD, Industries & Commerce Deptt., BTC, Kokrajhar for allotment of fund.
On receipt of the fund, the Addl. Director, Industries & Commerce Deptt., BTC will release the incentives amounts to the units through their respective Bank accounts as per chronology of the selection list. Prior to release of incentives, field verification shall be carried out through an officer of the DICC/O/o ADI&CHD to ascertain the status of the units.
The unit shall submit an undertaking on Non Judicial Stamp Paper as per Annexure-A before release of the incentive.
Two sets of application for grant of Margin Money under BTC Margin Money scheme shall be submitted to the concerned authority in prescribed format with all documents.
The proposal under BTC Margin Money Scheme will be placed before the BTC Level Committee for consideration.
On receipt of fund, the Addl. Director & CHD will release the incentives to the units through their respective Bank accounts against the approved proposals of BTC Level Committee.
The Beneficiaries shall submit undertakings on non judicial stamp paper as per Annexure -A before release of grant.
The application for grant of financial assistance shall be forwarded to Addl.Director&CHD by concerned GM, DICC/O/oADCIs with statements on applicants.
The Addl. Director & CHD shall place the applications before the BTC Level Committee for consideration.
On receipt of the approval on selection list by Selection Committee, the Addl. Director& CHD, Industries & Commerce Deptt., BTC, Kokrajhar will release 50% of grant amount to the enterprise/units through their respective Bank accounts after observing necessary formalities.
The beneficiaries shall submit undertakings on Non-Judicial Stamp paper (Annexure-A) and Bill&Cash memo of purchased machineries/ equipments etc. before release of grant.
GM, DICCs will get the unit physically verified by an authorised officer of DICC/O/o ADCIs. Besides physical verification of the Unit, the Enquiry Officer will also ascertain proper utilization of fund released to enterprise/ beneficiaries and submit his Enquiry Report in prescribed format (Annexure-B).
On receipt of Enquiry Report in respect of proper utilization of released amount to the enterprise, the Addl. Director & CHD will release the rest amount observing required formalities. The GM, DICCs are to submit Annual Status Report of the units upto 3 (three) years.
