Unlocking MSME Incentives in Reliance MET City, Yakubpur (Jhajjar) – A Strategic Advantage

Introduction

Reliance MET City in Yakubpur, Jhajjar, Haryana, is emerging as a high-potential industrial hub — especially attractive for MSMEs (Micro, Small, and Medium Enterprises). But beyond its strategic location and infrastructure, one of the biggest draws for small and medium-sized businesses here is the array of  state-level incentives offered under the Haryana Enterprises & Employment Policy (HEEP) 2020. As consultants at AdviceConsultant, we want to highlight how MSMEs can leverage these benefits to reduce costs, scale efficiently, and maximize return on investment.

 

Key MSME Subsidies & Benefits under Haryana’s Policy

Here’s a breakdown of the major MSME-focused incentives that businesses setting up in Reliance MET City can tap into:

  1. SGST (State GST) Reimbursement / Investment Subsidy
    • Under HEEP 2020, MSMEs can get a significant portion of their net SGST reimbursed.
    • For units in more backward blocks (like “C” and “D” category), the reimbursement can go up to  50% of Net SGST for a defined period, subject to a cap relative to fixed capital investment.
    • This helps effectively lower the tax burden on newly established MSME manufacturing or industrial units.

  2. Interest Subsidy on Term Loans
    • MSMEs in eligible blocks can obtain an interest subsidy of  5% per annum on term loans under HEEP.
    • There are limits: for instance, this subsidy is capped (e.g., up to ₹20 lakh per year for a certain number of years).
    • This reduces financing costs significantly, making capital-intensive investments more viable.

  3. Stamp Duty Refund on Land / Industrial Plots
    • New MSME units purchasing or leasing industrial land can benefit from  stamp duty reimbursement.
    • Depending on the block category: 75% stamp duty refund in “C” blocks; lower percentages in other categories.
    • For a township like Reliance MET, this can be especially meaningful if the land falls under the incentivized block classification.

  4. Electricity Duty Exemption
    • One of the major recurring cost advantages: MSMEs in eligible blocks can get  100% exemption from electricity duty for a number of years.
    • The duration depends on the block per HEEP.
    • This not only reduces operational cost but also improves the financial feasibility of power-intensive manufacturing units.

  5. Employment Generation Subsidy
    • MSMEs that generate employment, especially for Haryana residents, can receive employment generation subsidies.
    • The subsidy amount is significant — e.g., ₹36,000 per year for general category employees, and more for SC/Women/differently-abled — for a defined number of years.
    • This makes hiring local talent more economical and aligns business growth with socio-economic development in Haryana.

 

Why These Subsidies Matter for MSMEs in Reliance MET City

  • Lower Entry Costs: With stamp duty refunds and SGST reimbursements, the upfront investment burden reduces significantly.
  • Operational Savings: Electricity duty exemptions and interest subsidies lower ongoing expenses.
  • Scalability: Subsidies for quality / environmental compliance make scaling more sustainable and cost-effective.
  • Employment Strategy: The employment generation subsidy encourages businesses to hire locally, which can help MSMEs build a loyal, cost-effective workforce.
  • Competitive Edge: With cost savings and policy support, MSMEs in MET City can compete more aggressively, both domestically and globally.

 

How AdviceConsultant Can Help

At  AdviceConsultant.in, we specialize in helping MSMEs navigate these complex state-level incentive schemes. Here’s what we offer:

  • Scheme Mapping: Analyze which incentives apply to your business, given your location (in MET City), business model, and investment size.
  • Application Support: Help you prepare and submit applications for SGST reimbursement, interest subsidy, and other benefits.
  • Documentation & Compliance: Assist with all required paperwork (project reports, employment plans, financials) to maximize subsidy claims.
  • Liaisoning: Work with Haryana government departments, MSME directorate, and other authorities to expedite approvals and disbursement.
  • Long-Term Advisory: Beyond setup, we help in leveraging recurring benefits, maintaining compliance, and planning expansions.

   

Conclusion

For MSMEs considering setting up in  Reliance MET City, Yakubpur (Jhajjar), the Haryana Enterprises & Employment Policy 2020 presents a powerful toolkit of incentives. These benefits — from SGST reimbursements to employment generation subsidies — are not just “nice to have”; they can materially shift your cost structure, risk profile, and profitability.

At  AdviceConsultant, we believe that leveraging state government incentives is a  strategic lever for MSMEs to build efficiently and grow sustainably in MET City. If you are planning to establish or expand your MSME in this industrial township, we can help you maximize these benefits, reduce bottlenecks, and get up and running faster.

 

Tweet Share Share