6 T-IDEA Scheme - M/s. S.L.P. Engineers, SLC examined the request of the Phase – IV, I.D.A., Jeedimetla, entrepreneur and decided to Hyderabad – Request for consideration of lease deed for six years from the date of recommend to the Government for commence of production(DCP) – Reg. relaxing the condition of furnishing *** regd. lease deed in respect of Micro The Proprietor M/s. S.L.P. Engineers, D-62, Phase – IV, I.D.A., Jeedimetla, and Small Enterprises from Hyderabad has informed that she is an minimum period of 10 years women entrepreneur and established a small industry by name M/s. S.L.P. covering 6 years production period Engineers in leased premises and from the DCP with the condition of commenced commercial production of their expansion unit w.e.f. 26-10-2015 and have furnishing of only regd. lease deed applied for Investment Subsidy with G.M, with a coverage of 6 years from DCP DIC, Ranga Reddy-1 on 28-12-2015 through Meeseva vide transaction No. along with notarised affidavit to CIO21500031019. abide by the T-IDEA guidelines in Further, she has informed that, running the unit without break for though she has submitted a rental the stipulated period of 6 years from agreement for the period from 04-03-2015 to 04-03-2022 (7 years) i.e., 6 years 5 months DCP. from the date of commencement of If there is any break in production, production(DCP) along with the claim ,the G.M., DIC is insisting for the extended the registered lease deed shall be rental agreement for a further period as per extended to the equivalent period of T-IDEA guidelines in order to process claim of her unit for recommending for sanction break in production beyond 6 years of Investment Subsidy. from DCP. Otherwise the entire subsidy shall be recovered. In this regard, the woman entrepreneur has expressed her inability to furnish the lease deed for the extended period, since the owner of the land is bedridden with brain haemorrhage.
6 T-IDEA Scheme - M/s. S.L.P. Engineers, Phase – IV, I.D.A., Jeedimetla, Hyderabad – Request for consideration of lease deed for six years from the date of commence of production(DCP) – Reg. *** The Proprietor M/s. S.L.P. Engineers, D-62, Phase – IV, I.D.A., Jeedimetla, Hyderabad has informed that she is an women entrepreneur and established a small industry by name M/s. S.L.P. Engineers in leased premises and commenced commercial production of their expansion unit w.e.f. 26-10-2015 and have applied for Investment Subsidy with G.M, DIC, Ranga Reddy-1 on 28-12-2015 through Meeseva vide transaction No. CIO21500031019. Further, she has informed that, though she has submitted a rental agreement for the period from 04-03-2015 to 04-03-2022 (7 years) i.e., 6 years 5 months from the date of commencement of production(DCP) along with the claim ,the G.M., DIC is insisting for the extended rental agreement for a further period as per T-IDEA guidelines in order to process claim of her unit for recommending for sanction of Investment Subsidy. In this regard, the woman entrepreneur has expressed her inability to furnish the lease deed for the extended period, since the owner of the land is bedridden with brain haemorrhage. SLC examined the request of the entrepreneur and decided to recommend to the Government for relaxing the condition of furnishing regd. lease deed in respect of Micro and Small Enterprises from minimum period of 10 years covering 6 years production period from the DCP with the condition of furnishing of only regd. lease deed with a coverage of 6 years from DCP along with notarised affidavit to abide by the T-IDEA guidelines in running the unit without break for the stipulated period of 6 years from DCP. If there is any break in production, the registered lease deed shall be extended to the equivalent period of break in production beyond 6 years from DCP. Otherwise the entire subsidy shall be recovered.