Package Scheme of Incentives (PSI) 2019
Fuelling Industrial Growth Across Maharashtra with Policy-Backed Precision
Package Scheme of Incentives (PSI) 2019
The Package Scheme of Incentives (PSI) 2019, issued by the Government of Maharashtra’s Industries, Energy, and Labour Department, is a flagship fiscal policy designed to stimulate industrial development in underdeveloped, backward, and strategically important regions of the state. The scheme offers a wide array of financial subsidies, tax reimbursements, and regulatory exemptions to encourage businesses to establish, expand, or diversify their manufacturing operations.
At DharmaSetu Goldschmidt Advisory, we provide strategic advisory, eligibility mapping, zone classification, and full-cycle execution support — ensuring you maximize incentives while remaining fully compliant.
Scheme Objectives
- Promote balanced industrial development across regions (D+, D, C, B zones)
- Support first-time investments, expansions, and diversifications
- Attract mega and ultra-mega industrial projects to Maharashtra
- Boost employment, exports, and industrial output in backward regions
Eligible Beneficiaries
- MSMEs, Large-Scale, Mega, and Ultra-Mega Industrial Units
- Entities operating in the manufacturing sector, including agro-processing and biotechnology
- Units established or expanded in approved industrial zones: MIDC, Five-Star Parks, Special Economic Zones (SEZs), and more
- New units as well as units undertaking expansion, modernization, or diversification
Eligible Activities
- Greenfield industrial unit setup
- Brownfield expansion or capacity addition
- Sector-specific diversification (e.g., agro to food processing, auto to EV components)
- Investment in approved infrastructure projects (logistics parks, cold chains, industrial parks)
Applicable Benefits
- SGST Refunds: Reimbursement of state GST on eligible sales
- Electricity Duty Exemption: For up to 15 years, depending on project type and zone
- Stamp Duty Waiver: On land/lease deeds and loan documentation
- Interest Subsidy: Up to 5% on term loans for eligible MSMEs and large industries
- Power Tariff Subsidy: Rebate of ₹1 per unit, depending on zone and size
- Employment-Linked Incentives: Bonus subsidies for generating direct jobs
- Investment Promotion Subsidy: Capital-linked support as a % of fixed capital investment
Our PSI Scheme Advisory Services Include
- Zone classification and location-linked incentive simulation
- Subsidy eligibility mapping based on project cost and timelines
- DPR and incentive application preparation
- Term loan alignment with interest subsidy caps
- SGST audit planning and refund claim support
- Advisory with District Industries Centres (DICs) and Directorate of Industries
- Representation in State-Level Committees (SLCs) for mega project approvals
- Post-approval compliance tracking and incentive disbursement execution
Why Choose DharmaSetu Goldschmidt Advisory?
- Decades of experience navigating Maharashtra’s industrial incentive frameworks
- Seamless interface with MIDC, DICs, and Udyog Mitra
- Proven success with MSME, Mega, and Multi-location manufacturing clients
- Transparent and accountable guidance through each milestone
- Strategic location planning to optimize incentive accrual over project lifecycle
Frequently Asked Questions
We offer end-to-end support — from eligibility checks and project documentation to application filing and departmental coordination — ensuring maximum benefits with minimal hassle.
We provide consultancy for a wide range of government subsidies — including those for agriculture, manufacturing, MSMEs, technology upgrades, clean energy, exports, and infrastructure development.
Yes, we serve clients nationwide. We’ve successfully helped over 750+ enterprises across sectors and geographies secure government incentives and capital-linked support.
Timelines vary based on the type of subsidy and department workload. However, our team actively tracks and manages your application to ensure accelerated clearance and faster disbursal.
Requirements vary by scheme, but usually include:
- Business registration documents
- Financial statements and projections
- Project reports / DPRs
- Environmental or utility clearances (if applicable)
We provide you with a customized checklist and assist at every stage.