Project profiles shall be prepared by the Directorate of Industries and Commerce, SIDCO and SICOP and shall be available off the shelf to the promoters at nominal price, only to cover the cost of printing.
The promoter may get a project feasibility report prepared form J&K ITCO, SIDCO, SISI or any other agency as may be approved by the Director, Industries and Commerce (I&C) from time to time. The entire expenditure incurred on such feasibility reports shall qualify for hundred per cent subsidy at the time of execution of the project. The promoter may get a report prepared also from any other specialist agency/reputed consultants.
The detailed feasibility report/detailed project report shall qualify for capital investment, at the time of release of the capital investment subsidy.
The cost of obtaining technical know-how from abroad shall be treated as part of the capital investment subject to the clearance of the Central Government. In case of the indigenous technology/technical know-how, the same shall also qualify for capital investment subsidy if obtained form any reputed national or regional organisation.
Provided that if the cost of such technical know-how exceeds 10 per cent of the total capital cost, only such amount as is within 10 per cent of the total capital investment shall qualify for working out capital investment subsidy.