Odisha MSME Development Policy 2022 incentives
A programme by MSME Department, Government of Odisha
A bundle of after-the-spend incentives for Odisha MSMEs: duty exemptions, capital investment subsidy, interest and GST reimbursement, certification, IP and audit support, and State Awards.
At a glance
| Best for | Odisha manufacturing and eligible service MSMEs that have invested or started production |
|---|---|
| Duration | Varies by incentive |
| Format | Online |
About Odisha MSME Development Policy 2022 incentives
The Odisha MSME Development Policy 2022 is the department's main support instrument. Incentives are claimed after an enterprise has invested or started production, each under its own operational guideline. They are reimbursements, exemptions and subsidies, not a grant you apply for before spending.
What you get
- Exemption or reimbursement of stamp duty and land conversion premium
- A capital investment subsidy on plant and machinery, with a separate track for electric-vehicle component and charging equipment makers
- Interest support on term loans for new enterprises
- Electricity duty exemption and reimbursement of state GST paid
- Support for ZED certification and quality certification
- Reimbursement of employer ESI and EPF contributions
- Technology purchase support, help with raising capital through an SME exchange, and water and energy audit costs
- Patent and trade mark registration assistance
- Annual State Awards for MSMEs
Who can apply
- Enterprises operating inside Odisha: new units, and existing units that expand, modernise or diversify
- Proprietorships, partnerships, LLPs, private limited companies, one person companies, self-help groups, startups, farmer producer organisations and farmer producer companies
- Units with an Entrepreneurship Identification Number or Production Certificate that begin production within three years of first fixed capital investment
- Most service-sector enterprises are excluded; a short list of service activities, including software and IT-enabled services above a minimum investment, is allowed
How selection works: There is no cohort selection. The competent authority considers each claim on its merits under the incentive's guideline. A unit that already took a similar benefit under another scheme receives only the difference.
How to apply: Apply online on the department's incentive portal to the General Manager of the District Industries Centre, with self-attested documents, within the time limit in the incentive's guideline. Claims above the district limit go to the Director of Industries.