State Industrial Development Corporation of Uttarakhand


The State Industrial Development Corporation of Uttarakhand Limited is a government of Uttarakhand enterprise which promotes industries and develops industrial infrastructure in the State. It also provides tax incentives for companies establishing plants on its industrial estates presently at Haridwar, Pantnagar and Sitarganj.

History

SIDCUL was incorporated as a Limited Company in the year 2002 with an authorised share capital of ₹50 crores and ₹20 crores paid up capital through the Government of Uttarakhand in order to promote industrial development and develop an industrial infrastructure
Besides the State Government, SIDCUL has equity participation from the Union Bank of India, the OBC and SIDBI. Other banks are also in the process of participating in its equity. This has led to more than a thousand EOI’s with SIDCUL, which entail an investment of around ₹20,000 crores.

Infrastructure developed by SIDCUL

Under the Uttarakhand Mukhyamantri Pravasi Swarojgar Yojana, loans will be provided for projects up to Rs 25 lakh in the manufacturing sector and up to Rs 10 lakh in the service sector. As per MSME policy, the maximum limit for margin money in classified category A will be 25 percent of the total project cost, 20 percent in category B and B and up to 15 percent of the total project cost in category C and D. If the migrant laborers of the state who wish to apply to avail Uttarakhand Mukhyamantri Pravasi Swarojgar Yojana 2020, they can apply both online and offline. For online application under this scheme, all the migrant laborers have to apply on the official website of the government and apply offline, download the application form or registration form and go to the bank and submit it along with all the documents.

Aim of Uttarakhand Mukhyamantri Swarojgar Yojana 2020

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Benefits of Uttarakhand Mukhyamantri Swarojgar Yojana 2020

Eligibility for Uttarakhand Swarojgar Yojana 2020