SFAILFCS

Scheme for Financial Assistance to Integrated Logistics Facilities: Capital Subsidy

The "Scheme for Financial Assistance to Integrated Logistics Facilities" under the Gujarat Integrated Logistics and Logistics Park Policy, provides financial support to private developers for creating logistics facilities and parks with the necessary infrastructure and services.

State Cash

States / UT: Gujarat

Nodal department: Industries and Mines Department

Scheme for: Infra

Scheme profile

DBT (direct benefit transfer): No

Scheme open date: 2021-08-02

Categories: Business & Entrepreneurship

Sub-categories: Setting up / start-up / entrepreneurship

Target beneficiaries: Business Entity

Tags: Logistics Facilities, Capital Subsidy, Business

Details

The "Scheme for Financial Assistance to Integrated Logistics Facilities" is an umbrella scheme launched by the Industries and Mines Department, Gujarat under the Gujarat Integrated Logistics and Logistics Park Policy. Effective from August 2nd, 2021 to August 1st, 2026, this initiative aims to provide financial assistance to the private developer for developing Logistics Facilities and Logistics Park with all required infrastructure and logistic services.
The component "Capital Subsidy" is designed to support new projects or units by providing financial assistance for eligible fixed capital investments. The subsidy is aimed at enhancing industrial development and incentivizing investment in infrastructure and construction for qualifying projects.

Benefits

  • - Phase-Wise Disbursement: Assistance is disbursed in four installments- 25%, 50%, 75%, and 100% of the sanctioned project cost (excluding land costs). - Final Adjustment on Project Completion: 15% of eligible assistance is withheld and disbursed only after the project is completed
  • Phase-Wise Disbursement: Assistance is disbursed in four installments- 25%, 50%, 75%, and 100% of the sanctioned project cost (excluding land costs). - Final Adjustment on Project Completion: 15% of eligible assistance is withheld and disbursed only after the project is completed.

Eligibility

  1. Only new units or projects are eligible for this subsidy.
  2. The subsidy applies to costs related to construction and infrastructure (excluding land cost).
  3. The project must adhere to SOR norms of the government or its undertaking.
  4. The claim must be submitted in a phase-wise manner corresponding to actual expenditures.
  5. Developers must obtain all applicable environmental and statutory clearances.
  6. Basic facilities such as toilets and rest areas for transport vehicle drivers must be provided.
  7. The developer must operate and maintain the logistics facilities for a minimum of five years.

Note:

  1. If land is leased or rented, a registered lease/rental deed for a minimum of 10 years between the developer and landowner is mandatory.
  2. Warehouse facilities must not be used for captive purposes by the developer; otherwise, they will be ineligible for assistance.
  3. Logistics facilities cannot be sold or transferred to another entity for at least five years from the date of the sanction letter or the project's commissioning, whichever is later. Facilities must be leased or rented to remain eligible for assistance.

Exclusions

  • Existing units/projects are not eligible under this scheme-component.

Application Process

Online

Registration Process:

Step-1: Visit the Investor Facilitation Portal (IFP) portal. Click on "New Investor Registration" to access the registration form.
Step-2: Fill in the Registration Form. Click on "Submit".
Step-3: Verify the E-mail ID using the link sent on your registered E-mail ID.
Step-4: After verification, you will be registered successfully.

Post-Registration Process:

Step-1: Visit the Investor Facilitation Portal (IFP) portal. Click on "Login".
Step-2: Enter the email address and password you used during registration.
Step-3: Click the "Login" button to access your account.
Step-4: Now fill in the required details and mandatory documents about your business to complete the application process.

Helpdesk: Contact Here.

Offline

Registration Procedure:

Step-1: Submit the application in the prescribed form along with the required documents to the Industries Commissionerate.
Step-2: The Industries Commissionerate will review and request missing details, if any, within 15 days.
Step-3: The application will then be forwarded to the GM of the District Industries Centre (DIC) for a site visit and inspection report.
Step-4: Based on the report, the Industries Commissionerate may issue a Registration Certificate.

Sanction Procedure:

Step-1: After registration and approval of the project layout plan, submit the application in the prescribed format for sanction with a detailed project report and required documents to the Industries Commissionerate.
Step-2: The Industries Commissionerate will scrutinize and request missing details within 15 days.
Step-3: Applicants must present their project to a Screening Committee chaired by the Industries Commissioner.
Step-4: After addressing committee remarks, the application is reviewed by the Sanctioning Authority for approval based on scheme guidelines.

Documents Required

No document list is available for this scheme yet.

Definitions

  • Eligible Term Loan
  • Date of Commencement of Operations
  • Ineligible Expenditures

References

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Documents Required for Government Schemes

Most government schemes require basic documents for verification. While the exact requirements vary, common documents include:

  • Aadhaar Card
  • Income Certificate
  • Caste Certificate (if applicable)
  • Residence Proof
  • Bank Account Details
  • Educational Certificates (for student schemes)

How to Apply for Government Schemes?

The application process for government schemes may be online or offline depending on the scheme. In most cases, you can follow these steps:

  1. Check eligibility criteria
  2. Collect required documents
  3. Fill the application form
  4. Submit the application online or at the relevant office
  5. Track application status