SI. Name ofthe Official Designation Organisation Secretary ... · along with mandatory documents...

15
MINUTES OF THE 1 ST STATE LEVEL COMMITTEE MEETING HELD FOR 30% CENTRAL CAPITAL INVESTMENT INCENTIVE FOR ACCESS TO CREDIT (CCIIAC) UNDER NORTH EAST INDUSTRIAL DEVELOPMENT SCHEME (NEIDS), 2017 HELD ON 17-03-2020 AT 2:30 PM IN THE CONFERENCE HALL OF THE OFFICE OF THE COMMISSIONER & SECRETARY TO THE GOVT. OF ASSAM, INDUSTRIES & COMMERCE DEPARTMENT, BLOCK- “D”, DISPUR, GUWAIIATI-06 Members Present SI. Name of the Official Designation Organisation No. Commissioner & Secretary to the Govt. Industries & 1. Dr Krishna Kumar Dwivedi, lAS of Assam Commerce . Department Chairman, State Level Committee 2 Shri Abdus Salam Deputy Secretary Finance EC-Il Deptt. 3 Miss Sanghamitra Bhattacharjee Commercial Manager Axis Bank Ltd. 4 Shri KK Mishra Chief Manager Canara Bank 5 Shri Ravi Shankar Kumar Chief Manager TJBI 6 Shri Prateek Mohapatra Manager SBI, Rangia Commissioner of Industries & Commerce, Assam Industries & 7 Shri Oinam Sarankumar Singh, lAS & Commerce Member Secretary, Department State Level Committee Other Officials Present 1. Shri Bipul Das, Additional Director of Industries & Commerce, Assam 2. Shri Kamal Lochan Baishya, Joint Director of Industries & Commerce, Assam 3. Shri Tarun Kumar Kataki, Joint Director of Industries & Commerce, Assam 4. Shri Santanu Deuri, Deputy Director of Industries & Commerce, Assam Dr Krishna Kumar Dwivedi, lAS, Commissioner & Secretary to the Govt. of Assam, Industries & Commerce Department & Chairman, State Level Committee presided over the meeting. Shri Oinam Sarankumar Singh, lAS, Commissioner of Industries & Commerce, Assam and Member Secretary to the State Level Committee welcomed the Members & informed the Members that the meeting has been convened to consider the claims of 30% Central Capital Investment Incentive for Access to Credit (CCIIAC) under NEIDS, 2017. As this is the jst Meeting of the Committee, he requested Shri Bipul Das, Additional Director of Industries & Minutes of the 1st SLC for 30% CCIIAC under NEIDS, 2017 held on 17-03-2020 Page 1

Transcript of SI. Name ofthe Official Designation Organisation Secretary ... · along with mandatory documents...

Page 1: SI. Name ofthe Official Designation Organisation Secretary ... · along with mandatory documents like Bank Appraisal Report, Sanction Letter for Term Loan in case unit has availed

MINUTES OF THE 1ST STATE LEVEL COMMITTEE MEETING HELD FOR 30%CENTRAL CAPITAL INVESTMENT INCENTIVE FOR ACCESS TO CREDIT(CCIIAC) UNDER NORTH EAST INDUSTRIAL DEVELOPMENT SCHEME(NEIDS), 2017 HELD ON 17-03-2020 AT 2:30 PM IN THE CONFERENCE HALL OFTHE OFFICE OF THE COMMISSIONER & SECRETARY TO THE GOVT. OFASSAM, INDUSTRIES & COMMERCE DEPARTMENT, BLOCK- “D”, DISPUR,GUWAIIATI-06

Members Present

SI. Name of the Official Designation OrganisationNo.

Commissioner &Secretary to the Govt.

Industries &1. Dr Krishna Kumar Dwivedi, lAS of Assam

Commerce. DepartmentChairman, State Level

Committee2 Shri Abdus Salam Deputy Secretary Finance EC-Il Deptt.3 Miss Sanghamitra Bhattacharjee Commercial Manager Axis Bank Ltd.4 Shri K K Mishra Chief Manager Canara Bank5 Shri Ravi Shankar Kumar Chief Manager TJBI6 Shri Prateek Mohapatra Manager SBI, Rangia

Commissioner ofIndustries &

Commerce, Assam Industries &7 Shri Oinam Sarankumar Singh, lAS & Commerce

Member Secretary, DepartmentState LevelCommittee

Other Officials Present

1. Shri Bipul Das, Additional Director of Industries & Commerce, Assam2. Shri Kamal Lochan Baishya, Joint Director of Industries & Commerce, Assam3. Shri Tarun Kumar Kataki, Joint Director of Industries & Commerce, Assam4. Shri Santanu Deuri, Deputy Director of Industries & Commerce, Assam

Dr Krishna Kumar Dwivedi, lAS, Commissioner & Secretary to the Govt. of Assam,Industries & Commerce Department & Chairman, State Level Committee presided over themeeting.

Shri Oinam Sarankumar Singh, lAS, Commissioner of Industries & Commerce, Assamand Member Secretary to the State Level Committee welcomed the Members & informed theMembers that the meeting has been convened to consider the claims of 30% Central CapitalInvestment Incentive for Access to Credit (CCIIAC) under NEIDS, 2017. As this is the jst

Meeting of the Committee, he requested Shri Bipul Das, Additional Director of Industries &

Minutes of the 1st SLC for 30% CCIIAC under NEIDS, 2017 held on 17-03-2020 Page 1

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Commerce, Assam to inform the Members about the scheme 30% CCIIAC under NEIDS,2017 as well as the processes involved.

Agenda 1: Discussion on NEIDS, 2017 & 30% Central Capital Investment Incentive

for Access to Credit (CCIIAC)

Shri Bipul Das, Additional Director of Industries & Commerce, Assam appraised theCommittee that before claiming for 30% CCIIAC or any of the components of benefit asnotified under the scheme, the unit has to apply for registration online through the portalhttps://ncog.gov.inlneind along with mandatory documents like Bank Appraisal Report,Sanction Letter for Term Loan in case unit has availed Term Loan! self-declaration in casethe unit is self-financed, Detailed Project Report, Consent to Establish from PCB and LandPurchased! Taken on Lease (if any), Factory Building Construction Started (if any),

Machinery order given (if any), Machinery commissioned (if any). As the objective of the

scheme is to generate employment through industrialisation, the unit has to specify thenumber of regular employment that the unit will be generating (Covered under EPF/ ESIC),Contractual Employment (Covered under EPF/EPIC) and others (Not covered under

EPF/EPIC) apart from other information as laid down in the application for registration form.

If the unit has started its commercial production! rendering services, GM, DI&CC willschedule a visit to the unit before forwarding the application for registration to the Nodal

Agency (CI&C) and if the unit has not undergone Production! Service, scrutinize and verify

all the documents and information furnished by the unit concerned and recommend online to

the Nodal Agency. The Nodal Agency (CI&C) further scrutinize and verify all the documents

and information and if found in order recommend online to DPIIT for registration. An

Empowered Committee under the Chairmanship of Secretary Department for Promotion of

Industry & Internal Trade (DPIIT), Ministry of Commerce and Industry, Govt. of India

consider the proposals for Registration.

As per NEIDS, 2017 Guidelines, time limit for online filing of 30% CCIIAC claims under

the scheme is within one year of commencement of commercial production! service or within

one year of the grant of registration, whichever is later. All the CCIIAC claims where the

value of investment in eligible Plant & Machinery is upto5.00 Cr, the unit has to be

inspected by the DI&CC, whereas if the investment in eligible Plant & Machinery is in

excess of 5.00 Cr, a field visit must be organised by State Govt. comprising one

representative each from

i. State Govt. Concernedii. Financial Institution which has appraised the unit.

iii. NEDFi&iv. In case the investment in eligible Plant & Machinery is above ‘20.00

Cr. Representative from Central Govt., to be nominated by DPIIT.

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Accordingly, the Govt. of Assam has notified a Field Visit Team vide notificationNo.- MI.169/2019/48-A dtd.- 30-12-2019. The concerned DI&CC has inspected as per theguidelines and recommended online to Nodal Agency (CI&C). The Nodal Agency (CI&C)scrutinised the application and all Documents and if found in order place it before the StateLevel Committee (SLC) for consideration.

As per Para 8.1 & 9.3 of the NEIDS, 2017 Operational Guidelines a State LevelCommittee under the Chairmanship of Sr. Most Secretary to the Govt. of Assam, Industries& Commerce Department has been notified vide notification No.- MI.169/2019/49-A dtd.30-12-20 19.

Agenda 2: Consideration of 30% Central Capital Investment Incentive for Access to

Credit (CCIIAC)

The Member Secretary placed 6 (six) Nos. of claims of 30% CCIIAC claims forconsideration of the Committee and the decisions were taken as detailed below: -

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1) Perfect Udyog, Industrial Estate GopalbazarNalbariA. Profile of the unit : -

(a) Perfect Udyog, Industrial Estate Gopalbazar Na/ban is a Partnership Firminvolved in Manufacturing Activity bearing EM-Il No.-18071201868 dtd.- 04-09-2018

(b) Shri Dipak Kr. Jalan, Shri Gautam Kr. Jalan, Shri Raja Jalan were the partners ofthe unit at the time filing the claim.

(c) PAN of the unit is ABEFM8496R(d) The unit Commenced its Commercial Production on 07-02-2018(e) The unit is engaged in manufacturing of Paver Block(f) The unit has generated total 09 Nos. of employment

B. Eligibility(a) The product of the unit does not fall in Negative List (Annexure-I of NEIDS,

2017)(b) The unit commenced its commercial production after 01-04-2017(c) The unit submitted its claim within 12 months of the date of Grant of Registration

under NEIDS, 2017.

C. Fixed Capital Investment:As certified by CA, the unit has made an investment of 17982369.00 as detailedbelow:

Particulars Amount (in )i. Land Development 37000.00

ii. Building(a) Factory Building 1581107.00

iii. Plant & Machinery(a) Basic Value including Taxes, Insurance etc. 11778831.00(b) Transportation! Loading! Unloading charges 924997.00

iv. Electrical_installation(a) Drawal of Power Line 584583.00(b) Internal Electrification 544276.00

v. Miscellaneous fixed assets! essential items etc. 2531575.00Total 17982369.00

D._Sources_of FinanceParticulars Amount (in )

i. Promoters Contribution! partners Capital 5360000.00ii. Unsecured Loan 5250000.00

iii. Any other sources (Creditors) 7372369.00Total 17982369.00

E. Details of Term Loana. Name of the Bank! Financial Institution : N!Ab. Amount Sanctioned & date of Sanction : N!Ac. Total Amount disbursed : N/A

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F. Details of Credit Appraisal:a. Name of the Bank! Financial Institutionb. Date of appraisalc. Breakup of Appraised Cost of eligible components

G. Important datesa. Date of Grant Registration under NEIDS, 2017b. Date of submission of CCIIAC claimc. Date of recommendation of claim by DI&CCd. Date of Field Visite. Name & Designation of Field Visit Team

11-03-201929-06-201920-01-2020N/AN/A

H. investment claimed by the unit & recommendation of different agencies!authorities:

Particulars Claimed by the Recommendation ofunit DI&CC CI&C FVT (if

. applicable)Investment 15235402.00 15235402.00 1,37,37,902.00 N/A

30%CCIIAC 41,21,371.00 N/A

Though the eligible investment in Plant & Machinery is worked out to be14285447.00, the recommended investment in Plant & Machinery is restricted to1,37,37,902.00 as per Bank Appraisal

After threadbare discussion the Committee unanimously approved anamount of 41,21,371.00 (Rupees Forty-One Lakh Twenty-One Thousand ThreeHundred Seventy-One) only as 30% CCIIAC against Eligible Investment ofl,37,37,902.OO (Rupees One Crore Thirty-Seven Lakh Thirty-Seven ThousandNine Hundred Two) only restricting to appraised cost.

Minutes of the 1 SLC for 30% CCIIAC u er NEIDS, 2017 held on 17-03-2020 Page 5

AIDC Ltd.29- 10-20 18

Particulars Amount (in )a) Plant & Machinery 12669691.00b) Electrical Installation 1068211.00

Total 13737902.00

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2) Rhino Wire Products, NH- 27, Jaiguru, Kalipahar, Kamrup (A. Profile of the unit : -

(a) Rhino Wire Products, NH- 27, Jaiguru, Kalipahar, Kamrup (Apis a partnershipfirm involved in Manufacturing Activity bearing EM-IT No.-1828 1201885 dtd.18-06-20 18

(b) Shri Dindayal Pasari, Shri Ankit Agarwal, Shri Alok Pansari, Dhiraj Mittal werethe partners of the unit at the time filing the claim.

(c) PAN of the unit is AAVFR8726K(d) The unit Commenced its Commercial Production on 10-12-2017(e) The unit is engaged in manufacturing of Wire Nails(f) The unit has generated total 08 Nos. of employment

B. Eligibility(a) The product of the unit does not fall in Negative List (Annexure-I of NEIDS,

2017)(b) The unit commenced its commercial production after 01-04-2017(c) The unit submitted its claim within 12 months of the date of registration under

NEIDS, 2017.

C. Fixed Capital Investment:As certified by CA, the unit has made an investment of1,68,62,247.00 as detailedbelow:

Particulars Amount (in )i. Building

(a) Factory Building! Office Building! Architect Fee 2629000.00ii. Plant& Machinery 12148107.00

iii. Electrical installation & Furniture Fixture 398460.00iv. Pre-operative preliminary expenses to be capitalised 344816.00v. Miscellaneous fixed assets! essential items etc. 1341864.00

Total 16862247.00

D. Sources of FinanceParticulars Amount (in )

i. Promoters 9362247.00ii. Term Loan from Bank 7500000.00

Total 16862247.00

E. Details of Term Loana. Name of the Bank! Financial Institution : Axis Bank, SME, Guwahatib. Amount Sanctioned & date of Sanction : 75.00 Lakh dtd.- 10-08-2017c. Total Amount disbursed : 75,00,000.00

F. Details of Credit Appraisal:a. Name of the Bank! Financial Institution : Axis Bank, Guwahatib. Date of appraisal : 31-07-2017

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c. Breakup of Appraised Cost of eligible componentsParticulars Amount in Lakh)

a) Plant & Machinery 106.74b) Electrical Installation 8.90

Total 115.64

G. Important datesa. Date of Grant Registration under NEIDS, 2017U. Date of submission of CCIIAC claimc. Date of recommendation of claim by DI&CCd. Date of Field Visite. Name & Designation of Field Visit Team

08-02-201920-08-201924-02-2020N/AN/A

4. Investment claimed by the unit & recommendation of different agencies! authorities:Particulars Claimed by the Recommendation of

unit DI&CC CI&C FVT (ifapplicable)

Investment 1,25,46,567.00 1,24,19,553.00 1,15,64,000.00 N/A30% CCIIAC 37,25,866.00 34,69,200.00 N/A

Though the eligible investment in Plant & Machinery is worked out to be

12350475.00, the recommended investment in Plant & Machinery is restricted to

l,15,64,000.00 as per Bank Appraisal.

After threadbare discussion the Committee unanimously approved an

amount of 34,69,200.00 (Rupees Thirty-Four Lakh Sixty-Nine Thousand Two

Hundred) only as 30% CCIIAC against Eligible Investment of 1,15,64,OOO.OO

(Rupees One Crore Fifteen Lakh Sixty-Four Thousand) only restricting to

appraised cost.

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3) Orient Spun Silk & Processing Mills, LLP, Lalung Gaon, Lokhra, Kamrup (Ad)A. Profile of the unit : -

(a) Orient Spun Silk & Processing Mills, LLP, Lalung Gaon, Lokhra, Kamrup (Ad) is

a Limited Liability Partnership unit involved in Manufacturing Activity bearing

UAM No.-ASO3C0003 101(b) Shri Pabitra Buragohain, Shri Lakhi Kanta Gohain were the partners of the unit at

the time filing the claim.(c) PAN of the unit is AAFFO7493J(d) The unit Commenced its Commercial Production on 03-09-20 19(e) The unit is engaged in manufacturing of Silk Yarn(f) The unit has generated total 38 Nos. of employment

B. Eligibility(d) The product of the unit does not fall in Negative List(Annexure-I of NEIDS,

2017)(e) The unit commenced its commercial production after 01-04-2017(f) The unit submitted its claim within 12 months from the date of commercial Grant

of Registration under NEIDS, 2017.

C. Fixed Capital Investment:As certified by CA, the unit has made an investment of 862503 12.00 as detailed

below:Particulars Amount (in )

i. Land including Boundary wall etc. 1446475.00ii. Building

(a) Factory Building 10516964.00(b) Office Building 2059445.00

iii. Plant & Machinery 52067330.00iv. Accessories 2508267.00v. Loading, Unloading, Transportation, erection, Insurance 1650154.00

etc.vi. Electrical installation 5295539.00

vii. Pre-operative Expenses 10445919.00viii. Miscellaneous fixed assets/ essential items etc. 260219.00

. Total 86250312.00

D._Sources_of FinanceParticulars Amount (in )

i. Promoters Contribution 20000000.00ii. Term Loan from Bank 45000000.00

iii. Unsecured Loan 21250312.00: Total 86250312.00

E. Details of Term Loana. Name of the Bank! Financial Institution : Canara Bank, Dispurb. Amount Sanctioned & date of Sanction : 450.00 Lakh dtd.- 07-12-2017c. Total Amount disbursed : 44998830.00

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Details of Credit Appraisal:Name of the Bank! Financial InstitutionDate of appraisalBreakun of Annraised Cost

Canara Bank, Dispur26-03-2019

G. Important datesa. Date of Grant Registration under NEIDS, 2017b. Date of submission of CCIIAC claimc. Date of recommendation of claim by DI&CCd. Date of Field Visite. Name & Designation of Field Visit Team

i. Shri Ishan Bordoloi, AddI. Secretary to the Govt. of Assam, Industries& Commerce

ii. Shri Debarshi Bhattacharyya, AGM, NEDFiiii. Shri Santanu Deuri, Deputy Director (Admn)

H. Investment claimed by the unit & recommendation of different agencies!authorities:

Particulars Claimed by the Recommendation ofunit DI&CC CI&C FVT (if

applicable)Investment 6, 17,18,021.00 5,93,39,360.00 6,00,64,428.00 6,00,64,428.00

30% CCIIAC 1,78,0 1,808.00 1,80,19,328.00 1,80,19,328.00

After threadbare discussion the Committee unanimously approved an

amount of 1,78,O1,808.O0 (Rupees One Crore Seventy Eight Lakh One Thousand

Eight Hundred Eight) only as 30% CCIIAC against Eligible Investment of

5,93,39,360.00 (Rupees Five Crore Ninety Three Lakh Thirty Nine Thousand

Three Hundred Sixty) only being the lowest amount as recommended by the

General Manager, DI&CC.

F.a.b.C.

Particulars Amount in Lakh)a) Plant & Machinery & Electrical Installation etc 653.23

Total 653.23

2 1-06-201915-10-201907-01-202011-03-2020

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4) Madhav Industries, HuzRangagora, Juria Road, NagaonA. Profile of the unit : -

(a) Madhav Industries, Huz Rangagora, Juria Road, Nagaon is a partnership unitinvolved in Manufacturing sector bearing UAM No. AS22B0000728 dtd.- 20-09-

2019(b) Shri Shankar Lal Chaudhary, Sri Sunil Kumar Saraogi, Sri Pawan Kumar

Agarwal, Sri Jitendra Kumar Agarwal were the partners of the unit at the timefiling the claim.

(c) PAN of the unit is ABAFM45I6C(d) The unit Commenced its Commercial Production on 17-12-2018(e) The unit is engaged in manufacturing of Mustard Oil & Oil Cake(1) The unit has generated total 9 Nos. of employment

B. Eligibility(a) The product of the unit does not fall in Negative List Annexure-I of NEIDS,

2017)(b) The unit commenced its commercial productionloperation after 0 1-04-2017(c) The unit submitted its claim within 12 months from the date of Registration under

NEIDS, 2017.

C. Fixed Capital Investment:As certified by CA, the unit has made an investment of12354428.00 as detailed

below:

Particulars Amount (in)

i. Building(a) Factory Building 3676761.00

ii. Plant & Machinery 4841272.00

iii. Cost of electrical installation including drawal of power 2425657.00line

iv. Cost of pre-operative preliminary expenses 1396237.00

v. Miscellaneous fixed assets! essential items etc. 14501.00Total 12354428.00

D._Sources_of FinanceParticulars Amount (in)

i. Promoters! Partners Contribution 7995500.00

ii. Term Loan from Bank/Financial Institution 4358928.00Total 12354428.00

E. Details of Term Loana. Name of the Bank! Financial Institution : Axis Bank, Guwahatib. Amount Sanctioned & date of Sanction : 60.00 Lakhs dtd. 05-02-20 18c. Total Amount disbursed : 4358928.0O

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F. Details of Credit Appraisal:a. Name of the Bank! Financial Institution : Axis Bank, Guwahatib. Date of appraisal : 17-08-2018

G. Breakup of Appraised Cost of eligible components• Particulars Amount in Lakh)

a) Plant & Machinery 68.00

c) Electrical Installation 12.00

: Total 80.00

H. Important datesa. Date of Grant Registration under NEIDS, 2017 : 08-02-2019b. Date of submission of CCIIAC claim : 28-01-2020c. Date of recommendation of claim by DI&CC : 26-02-2020d. Date of Field Visit : N/Ae. Name & Designation of Field Visit Team : N/A

2) Investment claimed by the unit & recommendation of different agencies! authorities:Particulars Claimed by the Recommendation of

unit DI&CC CI&C FVT (if applicable)

Investment 72,66,929.00 67,35,893.00 67,35,893.00 N/A

30% CCIIAC 20,20,767.00 20,20,767.00 N/A

After threadbare discussion the Committee unanimously approved an

amount of 20,2O,767.00 (Rupees Twenty Lakh Twenty Thousand Seven Hundred

Sixty-Seven) only as 30% CCIIAC against Eligible Investment of 67,35,893.00

(Rupees Sixty-Seven Lakh Thirty-Five Thousand Eight Hundred Ninety-Three)

only.

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5) A R Paver Block & Brick Industry, Bhatkuchi, Rangia, Kamrup

A. Profile oftheunit :-

(a) A R Paver Block & Brick Industry, Bhatkuchi, Rangia, Kamrupis a proprietorship

involved in Manufacturing Activity bearing UAM No.-AS 1 6B0000723 dtd.- 19-

07-2017(b) Shri Abdur Rekib was the proprietor of the unit at the time filing the claim.

(c) PAN of the unit is AGKPR5 182N(d) The unit Commenced its Commercial Production on 18-12-20 18

(e) The unit is engaged in manufacturing of Concrete Bricks

(f) The unit has generated total 09 Nos. of employment

B. Eligibility(g) The product of the unit does not fall in Negative List (Annexure-I of NEIDS,

2017)(h) The unit commenced its commercial production after 01-04-2017(i) The unit submitted its claim within 12 months of the date of Registration under

NEIDS, 2017

C. Fixed Capital Investment:As certified by CA, the unit has made an investment of 18102691.00 as detailed

below:

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Particulars Amount (in )Building(a) Factory Building! Office Building! Architect Fee 1838008.00

ii. Plant & Machinery 14792138.00iii. Electrical installation (including drawal of power line) 548203.00iv. Miscellaneous fixed assets! essential items etc. 924342.00

Total 18102691.00

D. Sources of FinanceParticulars Amount (in )

i. Promoters Contribution 6102691.00ii. Term Loan from Bank 12000000.00

Total 18102691.00

E. Details of Term Loana. Name of the Bank] Financial Institution : SBI, lCD, Amingaonb. Amount Sanctioned & date of Sanction : 120.00 Lakh dtd.- 14-02-2018c. Total Amount disbursed : 120.00 Lakh

F. Details of Credit Appraisal:d. Name of the Bank! Financial Institution : SBI, LLMSe. Date of appraisal : 03-01-2018G. Breakup of Appraised Cost of eligible components

Particulars Amount ( in Lakh)a) Plant & Machinery & Electrical Installation etc 124.74

Total 124.74,

74(

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H. Important datesa. Date of Grant Registration under NEIDS, 2017b. Date of submission of CCIIAC claimc. Date of recommendation of claim by DI&CCd. Date of Field Visite. Name & Designation of Field Visit Team

08-02-20190 1-02-202014-02-2020N/AN/A

I. Investment claimed by the unit & recommendation of different agencies!authorities:

Particulars Claimed by the Recommendation ofunit DI&CC CI&C FVT (if

.applicable)

Investment 1,53,40,341.00 1,53,40,341.00 1,24,74,000.00 N/A30% CCIIAC 3?,42,200.00 N/A

Though the eligible investment in Plant & Machinery is worked out to be

15340341 .00, the recommended investment in Plant & Machinery is restricted to

1,24,74,000.00 as per Bank Appraisal.

After threadbare discussion the Committee unanimously approved an

amount of 37,42,200.00 (Rupees Thirty-Seven Lakh Forty-Two Thousand Two

Hundred) only as 30% CCIIAC against Eligible Investment of 1,24,74,O0O.00

(Rupees One Crore Twenty-Four Lakh Seventy-Four Thousand) only restricting to

appraised cost.

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6) Satyam VedantAgrotech, Dekargaon, Kachamari, NagaonA. Profile of the unit : -

(a) Satyam VedantAgrotech, Dekargaon, Kachamari, Nagaonis a partnership unitinvolved in Manufacturing Activity bearing UAM No.- AS22B0000238 dtd.- 19-09-20 18

(b) Shri Narsing Lal Agarwala, Sri Dindayal Kanoi was the partners of the unit at thetime filing the claim.

(c) PAN of the unit is ADHFS171OK(d) The unit Commenced its Commercial Production on 11-06-2018(e) The unit is engaged in manufacturing of Rice & Cattle feed(f) The unit has generated total 19 Nos. of employment

B. Eligibility(a) The product of the unit does not fall in Negative List (Annexure-I of NEIDS,

2017)(b) The unit commenced its commercial production after 01-04-2017(c) The unit submitted its claim within 12 months from the date of registration under

NEIDS, 2017.

C. Fixed Capital Investment:As certified by CA, the unit has made an investment of 449 19025.00 as detailed

below:

Particulars Amount (in )i. Building

(a) Factory Bui1din 11445489.00ii. Plant & Machinery 26096095.00

iii. Cost of electrical installation including drawal of power 4751743.00line

iv. Cost of pre-operative preliminary expenses 1893098.00v. Miscellaneous fixed assets! essential items etc. 732600.00

Total 44919025.00

D._Sources of FinanceParticulars Amount (in )

i. Promoters! Partners Contribution 14976714.00

ii. Term Loan from Bank/Financial Institution 2769231 1.00

iii. Unsecured Loan 2250000.00. Total 44919025.00

E. Details of Term Loana. Name of the Bank! Financial Institution : UBI, Nagaon Br.b. Amount Sanctioned & date of Sanction : 278.00 Lakhs dtd. 11-09-2017c. Total Amount disbursed : 2,76,92,3 11.00

Minutes of the 1 SLC for 30% CCIIAC uncçNEIDS12017 held on 17-03-2020 Page 14

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Page 15: SI. Name ofthe Official Designation Organisation Secretary ... · along with mandatory documents like Bank Appraisal Report, Sanction Letter for Term Loan in case unit has availed

F. Details of Credit Appraisal:d. Name of the Bank! Financial Institutione. Date of appraisalG. Breakup of Appraised Cost of eligible components

Particulars Amount ( in Lakh)

a) Plant & Machinery 278.21

b) Electrical Installation 46.22

Total 324.43

Important datesa. Date of Grant Registration under NEIDS, 2017b. Date of submission of CCIIAC claimc. Date of recommendation of claim by DI&CCd. Date of Field Visite. Name & Designation of Field Visit Team : N/A

Investment claimed by the unit &. recommendation of different agencies/ authorities:Particulars Claimed by the Recommendation of

unit DI&CC CI&C FVT (ifapplicable)

Investment 3,08,47,838.00 2,98,93,709.00 2,98,93,709.00 N/A

30% CCIIAC 89,68,1 13.00 89,68,113.00 N/A

Agenda 3: Any other Matter with Permission from the Chair

The Member Secretary appraised the Committee that the documents uploaded by the

unit concerned during filing of Registration under the scheme viz.- Bank Sanction Letter for

Term Loan (if not self-financed), Bank Appraisal Report are required for processing of

claims which are not available in the claim module. Further the copy of the Registration

Certificate under the scheme cannot be viewed at the time of processing of claims, which

needs to be taken up with DPIIT.The Committee directed the Member Secretary to take up the matter with DPIIT for

corelating application, documents uploaded during filing of registration as well as the

Registration Certificate in the claim application for smoother processing of the claims.

The meeting ended th ote of thanks from the Chair.

rl,(Oinam Saran ar Singh, lAS)Commissioner of Industries & Commerce, AssamOffice of the Commissioner of md. & Commerce

&Member Secretary, State Level Committee

(Dr Krishnvedi, lAS)Commissioner & Secretary to the Govt. of Assam

Industries & Commerce Department&

Chairman, State Level Committee

Minutes of the 1st SLC for 30% IIAC under NEIDS, 2017 held on 17-03-2020 Page 15

UBI, Nagaon11-09-2017

5.

6.

08-02-20 1903-02-202025-02-2020N/A

After threadbare discussion the Committee unanimously approved an

amount of 89,68,l13.00 (Rupees Eighty-Nine Lakh Sixty-Eight Thousand One

Hundred Thirteen) only as 30% CCIIAC against Eligible Investment of

2,98,93,709.OO (Rupees Two Crore Ninety-Eight Lakh Ninety-Three Thousand

Seven Hundred Nine) only.