Announcing this here today, state Industries and Commerce Minister Captain Abhimanyu said that the scheme would ensure the effectiveness of safety programmes, identify compliance deficiencies, suggest safety solutions, reduce injuries and increase workplace safety.
Referring to the quantum of assistance under the scheme, the minister said there would be 75 per cent reimbursement of the expenses incurred, subject to a maximum of Rs 1 lakh for conducting safety audit.
Also, there would be 50 per cent subsidy on cost of capital equipments required for undertaking safety measures, subject to a maximum of Rs 5 lakh.
MSMEs which have undertaken safety audit and purchased equipments after August 14, 2015 and before August 14, 2020 will be eligible under this scheme, he added.
Giving further details about the eligibility criteria, he said that all MSMEs in the state which have filed Udyog Aadhaar Memorandum with their respective District Industries Centre would be eligible.
Such enterprises would be provided financial assistance provided the safety audit has been done by auditors of an ISO certified agency.
The item of manufacture should not fall in the restrictive list as notified by the state government from time to time, he said.
The unit should be in commercial production and be in regular production at the time of disbursement.
He said that application for reimbursement of the expenses incurred in conducting safety audit and purchase of capital equipments for safety measures along with listed documents will have to be submitted to the Director, Industries and Commerce on the web portal of the department.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
