§1Who it is for
- New enterprises with P&M up to Rs.50 crore (SGST also for E/M/D)
§2Eligibility
- Loans from public financial institutions/banks
- SGST only on net State GST after ITC adjustment
§3Benefits
- Interest subsidy: 50% of interest on term loan for 5 years from production, total max Rs.1 crore
- SGST: 75% of net SGST paid in cash for 3 years, limited to 100% of P&M cost
- Pioneer units: 100% of net SGST for 5 years, limited to 200% of P&M cost
§4Norms — pattern of assistance
- As printed
§5Documents
Not published
The guideline does not list the documents. Ask the portal or bank before you apply — we do not make up lists.
§6How to apply
- 1
Per operational guidelines on AIM portal
§7Pros and cons
Merits
- Interest subsidy at 50% is among the higher rates
Demerits
- SGST only 75% for 3 years for non-pioneer units
→Related schemes
Need help with Odisha interest & SGST?
Eligibility check, DPR and application file — ask us on WhatsApp.
Our interestHelp is our paid service. You can also apply for the scheme yourself.
¶Sources
Checked on 18 October 2026. For information only — confirm with the department or bank. Spotted a mistake? Report it.