The construction industry in India has emerged as a crucial sector, contributing significantly to the country’s economic growth and development. It plays a vital role in creating jobs, driving infrastructure progress, and stimulating other industries. To promote sustainable and inclusive growth, the government has implemented numerous subsidies and support programs. This comprehensive guide explores the diverse range of construction subsidies in India, providing valuable insights for stakeholders in the sector.
Subsidies In Construction Industry
| Subsidy Name | Benefits | Eligibility | How to Apply |
| Pradhan Mantri Awas Yojana (PMAY) | Interest subsidy of 3-6.5% on home loans | First-time homebuyers, Economically Weaker Sections (EWS), Low Income Groups (LIG), and Middle Income Groups (MIG) | Apply through participating banks or lending institutions |
| Affordable Rental Housing Complexes (ARHC) | Financial incentives for constructing affordable rental housing | Public and private sector entities, industries, and associations | Apply through the Ministry of Housing and Urban Affairs website |
| Technology Sub-Mission under PMAY | Funding support for technology adoption in construction | Developers, builders, and contractors using innovative construction technologies | Apply through the Ministry of Housing and Urban Affairs website |
| State-specific construction subsidies | Varies by state (e.g., tax rebates, reduced land costs) | Varies by state (e.g., developers, builders, contractors, first-time homebuyers) | Check respective State Government websites for application details |
| Smart Cities Mission | Funding support for smart city infrastructure projects | Developers, builders, contractors, and technology providers involved in smart city projects | Apply through the Smart Cities Mission website or the respective Urban Local Body (ULB) |
| Atal Mission for Rejuvenation and Urban Transformation (AMRUT) | Financial assistance for urban infrastructure projects | Urban Local Bodies (ULBs) in selected cities and towns | Apply through the Ministry of Housing and Urban Affairs website |
| Credit Linked Subsidy Scheme (CLSS) | Interest subsidy of up to 2.67 lakhs on home loans | First-time homebuyers, EWS, LIG, and MIG categories | Apply through participating banks or lending institutions |
| National Urban Housing Fund (NUHF) | Long-term finance for affordable housing projects | Housing finance companies, urban local bodies, and state governments | Apply through the Ministry of Housing and Urban Affairs website |
| Swachh Bharat Mission (SBM) | Financial assistance for construction of toilets | Individual households, schools, and urban local bodies | Apply through the respective Urban Local Body (ULB) or State Government website |
| State Industrial Infrastructure Development Scheme | Financial assistance for industrial infrastructure development | Industries, builders, and contractors involved in industrial construction | Check respective State Government websites for application details |
| Jawaharlal Nehru National Urban Renewal Mission (JNNURM) | Financial assistance for urban infrastructure projects | Urban local bodies, developers, builders, and contractors involved in urban renewal projects | Apply through the Ministry of Housing and Urban Affairs website or respective Urban Local Body (ULB) |
| National Infrastructure Pipeline (NIP) | Funding support for infrastructure projects across various sectors | Developers, builders, contractors, and technology providers involved in infrastructure projects | Apply through the Invest India website or respective sector-specific government websites |
| Green Building Incentives | Financial incentives, tax rebates, and fee reductions | Developers and builders constructing green buildings as per green building norms | Apply through respective local authorities or the Ministry of Environment, Forest and Climate Change website |
| Heritage City Development and Augmentation Yojana (HRIDAY) | Financial assistance for heritage city development | Urban local bodies, developers, builders, and contractors involved in heritage city projects | Apply through the Ministry of Housing and Urban Affairs website or respective Urban Local Body (ULB) |
| Solar Rooftop Subsidy Scheme | Subsidies on solar rooftop installations | Developers, builders, and individual homeowners installing solar rooftop systems | Apply through the Ministry of New and Renewable Energy website or respective State Nodal Agencies |
| State-specific Green Building Incentives | Varies by state (e.g., tax rebates, fee reductions) | Developers and builders constructing green buildings as per state-specific green building norms | Check respective State Government websites for application details |
| National Mission for Sustainable Habitat (NMSH) | Financial assistance for sustainable urban habitat projects | Urban local bodies, developers, builders, and contractors involved in sustainable urban habitat projects | Apply through the Ministry of Housing and Urban Affairs website or respective Urban Local Body (ULB) |
| Metro Rail Projects PPP Model | Funding support for metro rail projects | Developers, builders, and contractors involved in metro rail projects | Apply through the respective Metro Rail Corporation or Ministry of Urban Development website |
| Housing for All (Urban) | Financial assistance for affordable housing projects | Developers, builders, and urban local bodies constructing affordable homes for urban poor | Apply through the Ministry of Housing and Urban Affairs website or respective Urban Local Body (ULB) |
| National Housing Bank (NHB) Refinance Scheme | Refinance for housing loans at concessional rates | Housing finance companies, scheduled banks, and regional rural banks | Apply through the National Housing Bank website |
| Water and Sanitation Infrastructure Scheme | Financial assistance for water and sanitation infrastructure projects | Urban local bodies, developers, builders, and contractors involved in water and sanitation projects | Apply through the Ministry of Jal Shakti website or respective Urban Local Body (ULB) |
| State-specific Infrastructure Development Schemes | Varies by state (e.g., financial assistance, tax rebates) | Developers, builders, and contractors involved in state-specific infrastructure projects | Check respective State Government websites for application details |
| Industrial Corridor Development Projects | Funding support for industrial corridor development | Developers, builders, and contractors involved in industrial corridor projects | Apply through the respective Industrial Corridor Development Authority or Ministry of Commerce and Industry website |
| Sagarmala Programme | Financial assistance for port-led development projects | Developers, builders, and contractors involved in port-led development projects | Apply through the Ministry of Shipping website or respective Port Authorities |
| Special Economic Zones (SEZ) Incentives | Tax exemptions, duty-free imports, and infrastructure benefits | Developers, builders, and contractors constructing and operating SEZs | Apply through the Ministry of Commerce and Industry website or respective SEZ Development Commissioner |
| National Rural Housing Fund (NRHF) | Long-term finance for affordable rural housing projects | Rural housing finance companies, state governments, and cooperative banks | Apply through the National Housing Bank website or respective State Governments |
| Deendayal Antyodaya Yojana-National Urban Livelihoods Mission (DAY-NULM) | Financial assistance for shelter and infrastructure projects for urban poor | Urban local bodies, developers, builders, and contractors involved in projects for urban poor | Apply through the Ministry of Housing and Urban Affairs website or respective Urban Local Body (ULB) |
| State-specific Rural Housing Schemes | Varies by state (e.g., financial assistance, tax rebates) | Developers, builders, and contractors involved in state-specific rural housing projects | Check respective State Government websites for application details |
| Infrastructure Investment Trusts (InvITs) | Funding support for infrastructure projects through pooled investment vehicles | Developers, builders, and contractors involved in infrastructure projects seeking investment | Apply through the Securities and Exchange Board of India (SEBI) website or respective InvIT managers |
| Bharatmala Pariyojana | Financial assistance for highway and road development projects | Developers, builders, and contractors involved in highway and road projects | Apply through the Ministry of Road Transport and Highways website or respective National Highway Authorities |
| Pradhan Mantri Awas Yojana (PMAY) | 1. Interest subsidy of 6.5% for loan amount up to INR 6 lakhs. 2. Tax benefits under section 80EEA. | 1. Annual income up to INR 18 lakhs. 2. First-time homebuyers. 3. The beneficiary family should not own a pucca house in the country. | 1. Apply through a lending institution (bank or NBFC). 2. Fill out the application form and submit required documents. |
| Credit Linked Subsidy Scheme (CLSS) | 1. Interest subsidy on home loans. 2. Subsidy available for different income groups. | 1. First-time homebuyers. 2. Annual income up to INR 18 lakhs. 3. The beneficiary family should not own a pucca house in the country. | 1. Apply through a lending institution (bank or NBFC). 2. Fill out the application form and submit required documents. |
| Technology Subsidy for Construction | 1. Low-interest loans for adopting green technologies. 2. Tax benefits. | 1. Registered construction companies in India. 2. Projects adopting green technologies and sustainable construction methods. | 1. Apply through the Ministry of Housing and Urban Affairs website. 2. Submit project details and required documents. |
| Infrastructure Development Subsidy | 1. Low-interest loans for infrastructure development. 2. Tax benefits. | 1. Registered construction companies in India. 2. Projects focused on infrastructure development, such as roads, bridges, and public utilities. | 1. Apply through the relevant government department. 2. Submit project details and required documents. |
| Micro, Small & Medium Enterprises (MSME) Subsidy | 1. Low-interest loans. 2. Tax benefits. 3. Credit guarantee. | 1. MSMEs involved in the construction industry. 2. Registered under the MSME Act. | 1. Apply through the MSME website. 2. Fill out the application form and submit required documents. |
| Energy Efficient Buildings Subsidy | 1. Low-interest loans for energy-efficient projects. 2. Tax benefits. | 1. Registered construction companies in India. 2. Projects focused on energy efficiency in buildings. | 1. Apply through the Bureau of Energy Efficiency. 2. Submit project details and required documents. |
| Affordable Housing in Partnership (AHP) | 1. Financial assistance for affordable housing projects. 2. Tax benefits. | 1. State Governments or Housing Boards. 2. Projects focused on affordable housing for low-income groups. | 1. Apply through the Ministry of Housing and Urban Affairs website. 2. Submit project details and required documents. |
| Special Economic Zones (SEZ) Subsidy | 1. Tax exemptions. 2. Duty-free import/export benefits. 3. Infrastructure support. | 1. Registered construction companies in India. 2. Projects focused on infrastructure development in SEZs. | 1. Apply through the Ministry of Commerce and Industry. 2. Submit project details and required documents. |
| National Urban Housing Fund (NUHF) | 1. Low-interest loans for affordable housing projects. 2. Tax benefits. | 1. Registered construction companies in India. 2. Projects focused on affordable housing for low-income groups. | 1. Apply through the Ministry of Housing and Urban Affairs website. 2. Submit project details and required documents. |
| Green Building Incentive (GBI) | 1. Financial incentives for green building projects. 2. Tax benefits. | 1. Registered construction companies in India. 2. Projects focused on green building technologies and sustainable practices. | 1. Apply through the Indian Green Building Council (IGBC). 2. Submit project details and required documents. |
| Heritage City Development and Augmentation Yojana (HRIDAY) | 1. Financial assistance for heritage city development projects. 2. Tax benefits. | 1. Registered construction companies in India. 2. Projects focused on heritage city development and conservation. | 1. Apply through the Ministry of Housing and Urban Affairs website. 2. Submit project details and required documents. |
| Smart Cities Mission | 1. Financial assistance for smart city projects. 2. Tax benefits. | 1. Registered construction companies in India. 2. Projects focused on developing smart city infrastructure and solutions. | 1. Apply through the Ministry of Housing and Urban Affairs website. 2. Submit project details and required documents. |
| Atal Mission for Rejuvenation and Urban Transformation (AMRUT) | 1. Financial assistance for urban development projects. 2. Tax benefits. | 1. Registered construction companies in India. 2. Projects focused on urban infrastructure and services improvement. | 1. Apply through the Ministry of Housing and Urban Affairs website. 2. Submit project details and required documents. |
| Mudra Loan Scheme | 1. Low-interest loans for small construction businesses. 2. Tax benefits. | 1. Small and micro enterprises in the construction industry. 2. Registered under the MSME Act. | 1. Apply through a lending institution (bank or NBFC). 2. Fill out the application form and submit required documents. |
| Swachh Bharat Mission (Urban) | 1. Financial assistance for sanitation and solid waste management projects. 2. Tax benefits. | 1. Registered construction companies in India. 2. Projects focused on sanitation and solid waste management in urban areas. | 1. Apply through the Ministry of Housing and Urban Affairs website. 2. Submit project details and required documents. |
| National Rural Infrastructure Development Fund (RIDF) | 1. Low-interest loans for rural infrastructure projects. 2. Tax benefits. | 1. Registered construction companies in India. 2. Projects focused on rural infrastructure development, such as roads, bridges, etc. | 1. Apply through the National Bank for Agriculture and Rural Development (NABARD). 2. Submit project details and required documents. |
| National Mission on Sustainable Habitat (NMSH) | 1. Financial assistance for sustainable urban development projects. 2. Tax benefits. | 1. Registered construction companies in India. 2. Projects focused on sustainable urban development, including waste management and green buildings. | 1. Apply through the Ministry of Housing and Urban Affairs website. 2. Submit project details and required documents. |
| Deendayal Antyodaya Yojana – National Urban Livelihoods Mission (DAY-NULM) | 1. Low-interest loans for construction of shelters for urban homeless. 2. Tax benefits. | 1. Registered construction companies in India. 2. Projects focused on construction of shelters for urban homeless. | 1. Apply through the Ministry of Housing and Urban Affairs website. 2. Submit project details and required documents. |
| Startup India Scheme | 1. Low-interest loans for startups in the construction industry. 2. Tax benefits. | 1. Construction-related startups in India. 2. Registered under the Startup India initiative. | 1. Apply through the Startup India website. 2. Fill out the application form and submit required documents. |
| National Clean Energy Fund (NCEF) | 1. Low-interest loans for clean energy projects. 2. Tax benefits. | 1. Registered construction companies in India. 2. Projects focused on clean energy generation and energy-efficient technologies. | 1. Apply through the Ministry of New and Renewable Energy. 2. Submit project details and required documents. |
| National Water Mission (NWM) | 1. Financial assistance for water conservation projects. 2. Tax benefits. | 1. Registered construction companies in India. 2. Projects focused on water conservation and management in urban areas. | 1. Apply through the Ministry of Jal Shakti. 2. Submit project details and required documents. |
| National Industrial Corridor Development (NICD) | 1. Financial assistance for industrial corridor development projects. 2. Tax benefits. | 1. Registered construction companies in India. 2. Projects focused on industrial corridor development, including infrastructure and logistics. | 1. Apply through the National Industrial Corridor Development and Implementation Trust (NICDIT). 2. Submit project details and required documents. |
| Stand-Up India Scheme | 1. Low-interest loans for construction startups owned by SC/ST and women entrepreneurs. 2. Tax benefits. | 1. Construction startups owned by SC/ST and women entrepreneurs. 2. Registered under the Stand-Up India initiative. | 1. Apply through the Stand-Up India website. 2. Fill out the application form and submit required documents. |
| National Green Highways Mission (NGHM) | 1. Financial assistance for green highways projects. 2. Tax benefits. | 1. Registered construction companies in India. 2. Projects focused on green highways development, including roadside plantations and eco-friendly infrastructure. | 1. Apply through the National Green Highways Mission website. 2. Submit project details and required documents. |
| Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) | 1. Financial assistance for construction of irrigation infrastructure. 2. Tax benefits. | 1. Registered construction companies in India. 2. Projects focused on irrigation infrastructure development in rural areas. | 1. Apply through the Ministry of Agriculture and Farmers Welfare. 2. Submit project details and required documents. |
| Atal Bhujal Yojana (ABY) | 1. Financial assistance for groundwater management projects. 2. Tax benefits. | 1. Registered construction companies in India. 2. Projects focused on sustainable groundwater management and water conservation. | 1. Apply through the Ministry of Jal Shakti. 2. Submit project details and required documents. |
| Regional Connectivity Scheme (RCS) | 1. Financial assistance for regional airport development projects. 2. Tax benefits. | 1. Registered construction companies in India. 2. Projects focused on regional airport development and air connectivity. | 1. Apply through the Ministry of Civil Aviation. 2. Submit project details and required documents. |
| Pradhan Mantri Gram Sadak Yojana (PMGSY) | 1. Financial assistance for rural road construction projects. 2. Tax benefits. | 1. Registered construction companies in India. 2. Projects focused on rural road construction and improvement. | 1. Apply through the Ministry of Rural Development. 2. Submit project details and required documents. |
| Sagarmala Programme | 1. Financial assistance for port infrastructure projects. 2. Tax benefits. | 1. Registered construction companies in India. 2. Projects focused on port infrastructure development and coastal connectivity. | 1. Apply through the Ministry of Shipping. 2. Submit project details and required documents. |
| National Heritage City Development and Augmentation Yojana (HRIDAY) | 1. Financial assistance for heritage city development projects. 2. Tax benefits. | 1. Registered construction companies in India. 2. Projects focused on heritage city development, including restoration and conservation. | 1. Apply through the Ministry of Housing and Urban Affairs website. 2. Submit project details and required documents. |
| Industrial Infrastructure Upgradation Scheme (IIUS) | 1. Financial assistance for industrial infrastructure projects. 2. Tax benefits. | 1. Registered construction companies in India. 2. Projects focused on industrial infrastructure development, including SEZs and industrial parks. | 1. Apply through the Department for Promotion of Industry and Internal Trade (DPIIT). 2. Submit project details and required documents. |
| Technology Upgradation Fund Scheme (TUFS) | 1. Financial assistance for technology upgradation projects. 2. Tax benefits. | 1. Registered construction companies in India. 2. Projects focused on technology upgradation in construction materials and processes. | 1. Apply through the Ministry of Textiles. 2. Submit project details and required documents. |
| North Eastern Industrial Development Scheme (NEIDS) | 1. Financial assistance for industrial projects in North Eastern states. 2. Tax benefits. | 1. Registered construction companies in India. 2. Projects focused on industrial infrastructure development in North Eastern states. | 1. Apply through the Ministry of Commerce and Industry. 2. Submit project details and required documents. |
| Mega Food Park Scheme | 1. Financial assistance for food processing infrastructure projects. 2. Tax benefits. | 1. Registered construction companies in India. 2. Projects focused on food processing infrastructure development, such as food parks. | 1. Apply through the Ministry of Food Processing Industries. 2. Submit project details and required documents. |
| River Development and Ganga Rejuvenation | 1. Financial assistance for river conservation projects. 2. Tax benefits. | 1. Registered construction companies in India. 2. Projects focused on river conservation, rejuvenation, and management. | 1. Apply through the Ministry of Jal Shakti. 2. Submit project details and required documents. |
| National River-Linking Project (NRLP) | 1. Financial assistance for river-linking projects. 2. Tax benefits. | 1. Registered construction companies in India. 2. Projects focused on river-linking and inter-basin water transfer. | 1. Apply through the Ministry of Water Resources. 2. Submit project details and required documents. |
| National Skill Development Mission | 1. Financial assistance for skill development projects. 2. Tax benefits. | 1. Registered construction companies in India. 2. Projects focused on skill development and training in the construction sector. | 1. Apply through the Ministry of Skill Development and Entrepreneurship. 2. Submit project details and required documents. |
| Pradhan Mantri Awas Yojana (PMAY) | 1. Financial assistance for affordable housing projects. 2. Tax benefits. | 1. Registered construction companies in India. 2. Projects focused on affordable housing development for the urban and rural poor. | 1. Apply through the Ministry of Housing and Urban Affairs website. 2. Submit project details and required documents. |
| Railway Station Redevelopment Program | 1. Financial assistance for railway station redevelopment projects. 2. Tax benefits. | 1. Registered construction companies in India. 2. Projects focused on railway station redevelopment and modernization. | 1. Apply through the Ministry of Railways. 2. Submit project details and required documents. |
| Infrastructure Debt Fund (IDF) | 1. Low-interest loans for long-term infrastructure projects. 2. Tax benefits. | 1. Registered construction companies in India. 2. Projects focused on long-term infrastructure development. | 1. Apply through an Infrastructure Debt Fund (IDF) institution. 2. Submit project details and required documents. |
| National Bamboo Mission (NBM) | 1. Financial assistance for bamboo-based construction projects. 2. Tax benefits. | 1. Registered construction companies in India. 2. Projects focused on bamboo-based construction, including housing and infrastructure. | 1. Apply through the Ministry of Agriculture and Farmers Welfare. 2. Submit project details and required documents. |
| Amrut Mission for Rejuvenation and Urban Transformation | 1. Financial assistance for urban infrastructure projects. 2. Tax benefits. | 1. Registered construction companies in India. 2. Projects focused on urban infrastructure development, including water supply, sewerage, and transport. | 1. Apply through the Ministry of Housing and Urban Affairs website. 2. Submit project details and required documents. |
| Solar City Programme | 1. Financial assistance for solar city projects. 2. Tax benefits. | 1. Registered construction companies in India. 2. Projects focused on the development of solar cities and renewable energy infrastructure. | 1. Apply through the Ministry of New and Renewable Energy. 2. Submit project details and required documents. |
| National Disaster Management Plan (NDMP) | 1. Financial assistance for disaster-resilient construction projects. 2. Tax benefits. | 1. Registered construction companies in India. 2. Projects focused on disaster-resilient infrastructure development. | 1. Apply through the National Disaster Management Authority. 2. Submit project details and required documents. |
| Viability Gap Funding (VGF) Scheme | 1. Financial support for public-private partnership projects. 2. Tax benefits. | 1. Registered construction companies in India. 2. Public-private partnership projects in infrastructure development. | 1. Apply through the Department of Economic Affairs. 2. Submit project details and required documents. |
| Swachh Bharat Mission (SBM) | 1. Financial assistance for sanitation infrastructure projects. 2. Tax benefits. | 1. Registered construction companies in India. 2. Projects focused on sanitation infrastructure, including toilets and solid waste management. | 1. Apply through the Ministry of Housing and Urban Affairs website. 2. Submit project details and required documents. |
| Mudra Loan Scheme | 1. Low-interest loans for small and medium-sized construction enterprises (SMEs). | 1. Small and medium-sized construction enterprises in India. 2. Projects focused on infrastructure development. | 1. Apply through any participating financial institution. 2. Submit project details and required documents. |
| External Commercial Borrowing (ECB) | 1. Low-interest loans for infrastructure projects from international sources. | 1. Registered construction companies in India. 2. Projects focused on infrastructure development. | 1. Apply through an authorized bank or financial institution. 2. Submit project details and required documents. |
| SIDBI Make in India Soft Loan Fund for MSMEs (SMILE) | 1. Low-interest loans for MSMEs in the construction sector. | 1. Micro, Small, and Medium Enterprises (MSMEs) in the construction sector. 2. Projects focused on infrastructure development. | 1. Apply through the Small Industries Development Bank of India (SIDBI). 2. Submit project details and required documents. |
| India Infrastructure Finance Company Limited (IIFCL) | 1. Low-interest loans for long-term infrastructure projects. | 1. Registered construction companies in India. 2. Projects focused on long-term infrastructure development. | 1. Apply through the India Infrastructure Finance Company Limited (IIFCL) website. 2. Submit project details and required documents. |
| Rural Infrastructure Development Fund (RIDF) | 1. Low-interest loans for rural infrastructure projects. | 1. Registered construction companies in India. 2. Projects focused on rural infrastructure development. | 1. Apply through the National Bank for Agriculture and Rural Development (NABARD). 2. Submit project details and required documents. |
| Credit Guarantee Fund Scheme for Micro and Small Enterprises (CGMSE) | 1. Low-interest loans for micro and small enterprises in the construction sector. 2. Credit guarantee. | 1. Micro and small enterprises in the construction sector. 2. Projects focused on infrastructure development. | 1. Apply through any participating financial institution. 2. Submit project details and required documents. |
| Housing and Urban Development Corporation (HUDCO) | 1. Low-interest loans for urban infrastructure and housing projects. | 1. Registered construction companies in India. 2. Projects focused on urban infrastructure and housing development. | 1. Apply through the Housing and Urban Development Corporation (HUDCO) website. 2. Submit project details and required documents. |
| National Housing Bank (NHB) | 1. Low-interest loans for housing projects. | 1. Registered construction companies in India. 2. Projects focused on housing development, including affordable housing. | 1. Apply through the National Housing Bank (NHB) website. 2. Submit project details and required documents. |
| Indian Renewable Energy Development Agency (IREDA) | 1. Low-interest loans for renewable energy projects in the construction sector. | 1. Registered construction companies in India. 2. Projects focused on renewable energy infrastructure, such as solar or wind energy. | 1. Apply through the Indian Renewable Energy Development Agency (IREDA) website. 2. Submit project details and required documents. |
| Startup India Scheme | 1. Low-interest loans for innovative construction startups. | 1. Construction startups with innovative projects focused on infrastructure development. | 1. Apply through the Startup India portal. 2. Submit project details and required documents. |
| National Bank for Agriculture and Rural Development (NABARD) Refinance Scheme | 1. Low-interest loans for rural infrastructure projects. | 1. Registered construction companies in India. 2. Projects focused on rural infrastructure development. | 1. Apply through the National Bank for Agriculture and Rural Development (NABARD) website. 2. Submit project details and required documents. |
| Stand-Up India Scheme | 1. Low-interest loans for SC/ST and women entrepreneurs in the construction sector. | 1. SC/ST or women entrepreneurs in the construction sector. 2. Projects focused on infrastructure development. | 1. Apply through the Stand-Up India portal. 2. Submit project details and required documents. |
| EXIM Bank Project Finance | 1. Low-interest loans for export-oriented infrastructure projects. | 1. Registered construction companies in India. 2. Projects focused on export-oriented infrastructure development. | 1. Apply through the Export-Import Bank of India (EXIM Bank) website. 2. Submit project details and required documents. |
| Atal Innovation Mission (AIM) | 1. Low-interest loans for innovative construction projects. | 1. Registered construction companies in India. 2. Innovative projects focused on infrastructure development. | 1. Apply through the Atal Innovation Mission (AIM) portal. 2. Submit project details and required documents. |
| National Clean Energy Fund (NCEF) | 1. Low-interest loans for clean energy infrastructure projects in the construction sector. | 1. Registered construction companies in India. 2. Projects focused on clean energy infrastructure development. | 1. Apply through the Ministry of New and Renewable Energy. 2. Submit project details and required documents |
| Special Economic Zone (SEZ) Scheme | 1. Subsidized land for construction projects in SEZs. 2. Tax benefits. | 1. Registered construction companies in India. 2. Projects focused on infrastructure development within SEZs. | 1. Apply through the Ministry of Commerce and Industry. 2. Submit project details and required documents. |
| Industrial Park Scheme | 1. Subsidized land for construction projects in industrial parks. | 1. Registered construction companies in India. 2. Projects focused on the development of infrastructure within industrial parks. | 1. Apply through the state’s industrial development corporation. 2. Submit project details and required documents. |
| Integrated Textile Park (ITP) Scheme | 1. Subsidized land for construction projects in textile parks. | 1. Registered construction companies in India. 2. Projects focused on the development of infrastructure within textile parks. | 1. Apply through the Ministry of Textiles. 2. Submit project details and required documents. |
| Food Park Scheme | 1. Subsidized land for construction projects in food parks. | 1. Registered construction companies in India. 2. Projects focused on the development of infrastructure within food parks. | 1. Apply through the Ministry of Food Processing Industries. 2. Submit project details and required documents. |
| Electronic Manufacturing Clusters (EMC) Scheme | 1. Subsidized land for construction projects in electronic manufacturing clusters. | 1. Registered construction companies in India. 2. Projects focused on the development of infrastructure within electronic manufacturing clusters. | 1. Apply through the Ministry of Electronics and Information Technology. 2. Submit project details and required documents. |
| Mega Food Park Scheme | 1. Subsidized land for construction projects in mega food parks. | 1. Registered construction companies in India. 2. Projects focused on the development of infrastructure within mega food parks. | 1. Apply through the Ministry of Food Processing Industries. 2. Submit project details and required documents. |
| Biotechnology Parks and Incubation Centres | 1. Subsidized land for construction projects in biotechnology parks. | 1. Registered construction companies in India. 2. Projects focused on the development of infrastructure within biotechnology parks. | 1. Apply through the Department of Biotechnology. 2. Submit project details and required documents. |
| Pharmaceutical Clusters Scheme | 1. Subsidized land for construction projects in pharmaceutical clusters. | 1. Registered construction companies in India. 2. Projects focused on the development of infrastructure within pharmaceutical clusters. | 1. Apply through the Ministry of Chemicals and Fertilizers. 2. Submit project details and required documents. |
| Agri Export Zone (AEZ) Scheme | 1. Subsidized land for construction projects in agri export zones. | 1. Registered construction companies in India. 2. Projects focused on the development of infrastructure within agri export zones. | 1. Apply through the Agricultural and Processed Food Products Export Development Authority (APEDA). 2. Submit project details and required documents. |
| Leather Cluster Scheme | 1. Subsidized land for construction projects in leather clusters. | 1. Registered construction companies in India. 2. Projects focused on the development of infrastructure within leather clusters. | 1. Apply through the Ministry of Micro, Small, and Medium Enterprises. 2. Submit project details and required documents. |
| Smart City Mission | 1. Subsidized land for construction projects in designated smart cities. | 1. Registered construction companies in India. 2. Projects focused on the development of infrastructure within designated smart cities. | 1. Apply through the Ministry of Housing and Urban Affairs. 2. Submit project details and required documents. |
| Industrial Infrastructure Upgradation Scheme (IIUS) | 1. Subsidized land for construction projects in industrial infrastructure upgradation projects. | 1. Registered construction companies in India. 2. Projects focused on upgrading industrial infrastructure. | 1. Apply through the Department for Promotion of Industry and Internal Trade (DPIIT). 2. Submit project details and required documents. |
| Renewable Energy Park Scheme | 1. Subsidized land for construction projects in renewable energy parks. | 1. Registered construction companies in India. 2. Projects focused on the development of infrastructure within renewable energy parks. | 1. Apply through the Ministry of New and Renewable Energy. 2. Submit project details and required documents. |
| Apparel Park Scheme | 1. Subsidized land for construction projects in apparel parks. | 1. Registered construction companies in India. 2. Projects focused on the development of infrastructure within apparel parks. | 1. Apply through the Ministry of Textiles. 2. Submit project details and required documents. |
| Auto Cluster Scheme | 1. Subsidized land for construction projects in automotive clusters. | 1. Registered construction companies in India. 2. Projects focused on the development of infrastructure within automotive clusters. | 1. Apply through the Ministry of Heavy Industries and Public Enterprises. 2. Submit project details and required documents. |
| Plastic Park Scheme | 1. Subsidized land for construction projects in plastic parks. | 1. Registered construction companies in India. 2. Projects focused on the development of infrastructure within plastic parks. | 1. Apply through the Ministry of Chemicals and Fertilizers. 2. Submit project details and required documents. |
| Gems and Jewellery Park Scheme | 1. Subsidized land for construction projects in gems and jewellery parks. | 1. Registered construction companies in India. 2. Projects focused on the development of infrastructure within gems and jewellery parks. | 1. Apply through the Ministry of Commerce and Industry. 2. Submit project details and required documents. |
| Rubber Park Scheme | 1. Subsidized land for construction projects in rubber parks. | 1. Registered construction companies in India. 2. Projects focused on the development of infrastructure within rubber parks. | 1. Apply through the Rubber Board of India. 2. Submit project details and required documents. |
| Aerospace and Defence Production Cluster Scheme | 1. Subsidized land for construction projects in aerospace and defence production clusters. | 1. Registered construction companies in India. 2. Projects focused on the development of infrastructure within aerospace and defence production clusters. | 1. Apply through the Ministry of Defence. 2. Submit project details and required documents. |
| Tourism Infrastructure Scheme | 1. Subsidized land for construction projects in tourism infrastructure development. | 1. Registered construction companies in India. 2. Projects focused on the development of tourism-related infrastructure. | 1. Apply through the Ministry of Tourism. 2. Submit project details and required documents. |
| Logistics Park Scheme | 1. Subsidized land for construction projects in logistics parks. | 1. Registered construction companies in India. 2. Projects focused on the development of infrastructure within logistics parks. | 1. Apply through the Ministry of Commerce and Industry. 2. Submit project details and required documents. |
| Sports Infrastructure Scheme | 1. Subsidized land for construction projects in sports infrastructure development. | 1. Registered construction companies in India. 2. Projects focused on the development of sports-related infrastructure. | 1. Apply through the Ministry of Youth Affairs and Sports. 2. Submit project details and required documents. |
| Maritime Cluster Scheme | 1. Subsidized land for construction projects in maritime clusters. | 1. Registered construction companies in India. 2. Projects focused on the development of infrastructure within maritime clusters. | 1. Apply through the Ministry of Shipping. 2. Submit project details and required documents. |
| Skill Development Centre Scheme | 1. Subsidized land for construction projects in skill development centres. | 1. Registered construction companies in India. 2. Projects focused on the development of infrastructure for skill development centres. | 1. Apply through the Ministry of Skill Development and Entrepreneurship. 2. Submit project details and required documents. |
| Medical Devices Park Scheme | 1. Subsidized land for construction projects in medical devices parks. | 1. Registered construction companies in India. 2. Projects focused on the development of infrastructure within medical devices parks. | 1. Apply through the Ministry of Health and Family Welfare. 2. Submit project details and required documents. |
| Electronic Manufacturing Clusters (EMC) Scheme | 1. Subsidized land for construction projects in electronic manufacturing clusters. | 1. Registered construction companies in India. 2. Projects focused on the development of infrastructure within electronic manufacturing clusters. | 1. Apply through the Ministry of Electronics and Information Technology. 2. Submit project details and required documents. |
| Industrial Corridor Scheme | 1. Subsidized land for construction projects in industrial corridors. | 1. Registered construction companies in India. 2. Projects focused on the development of infrastructure within industrial corridors. | 1. Apply through the Department for Promotion of Industry and Internal Trade (DPIIT). 2. Submit project details and required documents. |
| Textile Park Scheme | 1. Subsidized land for construction projects in textile parks. | 1. Registered construction companies in India. 2. Projects focused on the development of infrastructure within textile parks. | 1. Apply through the Ministry of Textiles. 2. Submit project details and required documents. |
| Film City and Media Hub Scheme | 1. Subsidized land for construction projects in film cities and media hubs. | 1. Registered construction companies in India. 2. Projects focused on the development of infrastructure within film cities and media hubs. | 1. Apply through the Ministry of Information and Broadcasting. 2. Submit project details and required documents. |
| Special Economic Zone (SEZ) Scheme | 1. Subsidized land for construction projects in special economic zones. | 1. Registered construction companies in India. 2. Projects focused on the development of infrastructure within special economic zones. | 1. Apply through the Ministry of Commerce and Industry. 2. Submit project details and required documents. |
| Affordable Housing Tax Incentives | 1. Deduction of up to INR 1.5 lakhs on interest paid on home loans. | 1. Registered construction companies in India. 2. Projects focused on affordable housing under the government’s Pradhan Mantri Awas Yojana (PMAY). | 1. Tax deduction is automatically applied to the taxpayer’s income tax return. |
| Section 80-IBA Tax Deduction | 1. 100% deduction on profits from eligible housing projects for a period of three years. | 1. Registered construction companies in India. 2. Projects must meet specific size and pricing criteria. | 1. Apply for tax deductions through the Income Tax Department when filing the annual tax return. |
| Infrastructure Investment Trust (InvIT) Tax Incentives | 1. Tax exemptions for trusts and reduced tax rates for investors. | 1. Registered construction companies in India. 2. Projects focused on the development of infrastructure under InvITs. | 1. Apply for tax exemptions through the Income Tax Department when filing the annual tax return. |
| Section 80-IA Tax Deduction | 1. 100% deduction on profits from eligible infrastructure projects for a period of ten years. | 1. Registered construction companies in India. 2. Projects must be part of the specified infrastructure sectors. | 1. Apply for tax deductions through the Income Tax Department when filing the annual tax return. |
| Special Economic Zone (SEZ) Tax Incentives | 1. Tax exemptions and deductions for developers and businesses operating within SEZs. | 1. Registered construction companies in India. 2. Projects focused on the development of infrastructure within special economic zones. | 1. Apply for tax exemptions and deductions through the Income Tax Department when filing the annual tax return. |
| Startup India Tax Incentives | 1. Tax exemptions on profits for three years. 2. Tax exemptions on capital gains. | 1. Registered construction startups in India. 2. Projects must be innovative and scalable in nature. | 1. Register as a startup with Startup India. 2. Apply for tax exemptions through the Income Tax Department when filing the annual tax return. |
| R&D Tax Incentives (Section 35) | 1. 150%-200% weighted tax deduction on eligible R&D expenses. | 1. Registered construction companies in India. 2. Projects focused on research and development in the construction sector. | 1. Apply for tax deductions through the Income Tax Department when filing the annual tax return. |
| Investment Allowance (Section 32AC) | 1. 15% investment allowance on new machinery and plant for eligible projects. | 1. Registered construction companies in India. 2. Projects must meet specific investment thresholds. | 1. Apply for investment allowance through the Income Tax Department when filing the annual tax return. |
| Accelerated Depreciation | 1. Faster depreciation of assets to reduce taxable income. | 1. Registered construction companies in India. 2. Projects must meet specific criteria for accelerated depreciation. | 1. Apply for accelerated depreciation through the Income Tax Department when filing the annual tax return. |
| Custom Duty Exemption for Mega Power Projects | 1. Exemption from custom duty on the import of capital goods and equipment. | 1. Registered construction companies in India. 2. Projects must be part of mega power projects in the renewable energy sector. | 1. Apply for custom duty exemption through the Ministry of Finance. 2. Submit project details and required documents. |
| Goods and Services Tax (GST) Concessions | 1. Reduced GST rates for specific construction materials and services. | 1. Registered construction companies in India. 2. Projects must utilize specified materials and services eligible for reduced GST rates. | 1. Reduced GST rates are automatically applied during the filing of GST returns. |
| Energy Efficient Building Tax Incentives | 1. Deductions on the cost of energy-efficient building materials and equipment. | 1. Registered construction companies in India. 2. Projects focused on the development of energy-efficient buildings. | 1. Apply for deductions through the Income Tax Department when filing the annual tax return. |
| Section 80GGB and 80GGC Tax Deduction | 1. Deduction on contributions made to political parties for infrastructure projects. | 1. Registered construction companies in India. 2. Projects with political party contributions for infrastructure development. | 1. Apply for tax deductions through the Income Tax Department when filing the annual tax return. |
| Infrastructure Investment Trust (InvIT) Dividend Distribution Tax Exemption | 1. Tax exemption on dividend distribution by InvITs. | 1. Registered construction companies in India. 2. Projects focused on the development of infrastructure under InvITs. | 1. Apply for tax exemptions through the Income Tax Department when filing the annual tax return. |
| Export Promotion Capital Goods (EPCG) Scheme | 1. Zero duty on import of capital goods for pre-production, production, and post-production. | 1. Registered construction companies in India. 2. Projects focused on exports and utilizing imported capital goods. | 1. Apply for the EPCG license through the Directorate General of Foreign Trade (DGFT). 2. Submit project details and required documents. |
| Section 80EEA Tax Deduction | 1. Additional deduction of up to INR 1.5 lakhs on interest paid on affordable housing loans. | 1. Registered construction companies in India. 2. Projects focused on the development of affordable housing. | 1. Tax deduction is automatically applied to the taxpayer’s income tax return. |
| Green Building Tax Incentives | 1. Deductions on the cost of environmentally friendly building materials and equipment. | 1. Registered construction companies in India. 2. Projects focused on the development of green or sustainable buildings. | 1. Apply for deductions through the Income Tax Department when filing the annual tax return. |
| Cold Chain Infrastructure Tax Incentives | 1. Deduction on the cost of setting up cold chain infrastructure. | 1. Registered construction companies in India. 2. Projects focused on the development of cold chain infrastructure. | 1. Apply for deductions through the Income Tax Department when filing the annual tax return. |
| Skill Development Tax Incentives (Section 35CCD) | 1. 150% weighted tax deduction on eligible expenses for skill development projects. | 1. Registered construction companies in India. 2. Projects focused on skill development in the construction sector. | 1. Apply for tax deductions through the Income Tax Department when filing the annual tax return. |
| Income Tax Exemption for Infrastructure Debt Funds (IDFs) | 1. Tax exemption for interest income from investments in IDFs. | 1. Registered construction companies in India. 2. Projects financed through investments in Infrastructure Debt Funds. | 1. Tax exemption is automatically applied to the taxpayer’s income tax return. |
| Energy Conservation Building Code (ECBC) Incentives | 1. Financial incentives for implementing energy-efficient building designs and technologies. | 1. Registered construction companies in India. 2. Projects must comply with the Energy Conservation Building Code. | 1. Contact the Bureau of Energy Efficiency (BEE) for information on available incentives. 2. Submit project details and required documents. |
| Solar Rooftop Subsidy Scheme | 1. Subsidy on the installation of rooftop solar systems. | 1. Registered construction companies in India. 2. Projects focused on the installation of rooftop solar systems. | 1. Apply for the subsidy through the Ministry of New and Renewable Energy (MNRE) or state nodal agencies. 2. Submit project details and required documents. |
| Green Rating for Integrated Habitat Assessment (GRIHA) Incentives | 1. Financial incentives for obtaining GRIHA certification. | 1. Registered construction companies in India. 2. Projects must achieve GRIHA certification for green buildings. | 1. Contact GRIHA Council for information on available incentives. 2. Submit project details and required documents. |
| Energy Service Companies (ESCOs) Incentives | 1. Shared energy savings and financial incentives through energy performance contracts. | 1. Registered construction companies in India. 2. Projects must enter into energy performance contracts with ESCOs. | 1. Contact the Bureau of Energy Efficiency (BEE) for information on available incentives. 2. Submit project details and required documents. |
| Perform Achieve and Trade (PAT) Scheme Incentives | 1. Incentives for energy savings in the form of tradable energy-saving certificates. | 1. Registered construction companies in India. 2. Projects must be part of designated energy-intensive sectors under the PAT scheme. | 1. Participate in the PAT scheme through the Bureau of Energy Efficiency (BEE). 2. Submit project details and required documents. |
| Energy Efficient Buildings Incentive | 1. Financial incentives for implementing energy-efficient building designs and technologies. | 1. Registered construction companies in India. 2. Projects must meet specific energy efficiency benchmarks. | 1. Contact the Bureau of Energy Efficiency (BEE) for information on available incentives. 2. Submit project details and required documents. |
| Energy Efficient Lighting Subsidy | 1. Subsidy on the installation of energy-efficient lighting systems. | 1. Registered construction companies in India. 2. Projects focused on the installation of energy-efficient lighting systems. | 1. Apply for the subsidy through the Ministry of Power or state nodal agencies. 2. Submit project details and required documents. |
| Waste Heat Recovery Incentives | 1. Financial incentives for the implementation of waste heat recovery systems. | 1. Registered construction companies in India. 2. Projects focused on the implementation of waste heat recovery systems. | 1. Contact the Bureau of Energy Efficiency (BEE) for information on available incentives. 2. Submit project details and required documents. |
| Smart Grid and Microgrid Incentives | 1. Financial incentives for the development of smart grids and microgrids. | 1. Registered construction companies in India. 2. Projects focused on the development of smart grids and microgrids. | 1. Apply for incentives through the Ministry of Power or state nodal agencies. 2. Submit project details and required documents. |
| Building Retrofit Incentives | 1. Financial incentives for retrofitting existing buildings to improve energy efficiency. | 1. Registered construction companies in India. 2. Projects focused on retrofitting existing buildings to improve energy efficiency. | 1. Contact the Bureau of Energy Efficiency (BEE) for information on available incentives. 2. Submit project details and required documents. |
| Industrial Energy Efficiency Incentives | 1. Financial incentives for adopting energy-efficient technologies in industrial projects. | 1. Registered construction companies in India. 2. Industrial projects focused on energy efficiency improvements. | 1. Contact the Bureau of Energy Efficiency (BEE) for information on available incentives. 2. Submit project details and required documents. |
| Energy Efficiency Financing Platform (EEFP) | 1. Access to low-cost financing for energy efficiency projects. | 1. Registered construction companies in India. 2. Projects focused on energy efficiency improvements. | 1. Apply for financing through the Energy Efficiency Financing Platform. 2. Submit project details and required documents. |
| Demand Side Management (DSM) Incentives | 1. Financial incentives for implementing demand-side energy management measures. | 1. Registered construction companies in India. 2. Projects focused on demand-side energy management. | 1. Contact the Bureau of Energy Efficiency (BEE) for information on available incentives. 2. Submit project details and required documents. |
| Electric Vehicle (EV) Charging Infrastructure | 1. Financial incentives for setting up EV charging infrastructure. | 1. Registered construction companies in India. 2. Projects focused on the development of EV charging infrastructure. | 1. Apply for incentives through the Ministry of Power or state nodal agencies. 2. Submit project details and required documents. |
| Energy Efficient Water Pumps Incentive | 1. Subsidy on the installation of energy-efficient water pumps. | 1. Registered construction companies in India. 2. Projects focused on the installation of energy-efficient water pumps. | 1. Apply for the subsidy through the Ministry of Power or state nodal agencies. 2. Submit project details and required documents. |
| District Cooling System Incentives | 1. Financial incentives for the implementation of district cooling systems. | 1. Registered construction companies in India. 2. Projects focused on the implementation of district cooling systems. | 1. Contact the Bureau of Energy Efficiency (BEE) for information on available incentives. 2. Submit project details and required documents. |
| Building Automation System Incentives | 1. Financial incentives for the implementation of building automation systems. | 1. Registered construction companies in India. 2. Projects focused on the implementation of building automation systems. | 1. Contact the Bureau of Energy Efficiency (BEE) for information on available incentives. 2. Submit project details and required documents. |
| Green Building Materials Incentives | 1. Financial incentives for the use of green building materials in construction projects. | 1. Registered construction companies in India. 2. Projects that utilize green building materials. | 1. Contact the Ministry of Environment, Forest and Climate Change for information on available incentives. 2. Submit project details and required documents. |
| Insulation Material Incentives | 1. Subsidy on the installation of insulation materials for improved energy efficiency. | 1. Registered construction companies in India. 2. Projects focused on the installation of insulation materials. | 1. Apply for the subsidy through the Ministry of Power or state nodal agencies. 2. Submit project details and required documents. |
| Energy Efficiency Labeling Program Incentives | 1. Financial incentives for products meeting energy efficiency labeling requirements. | 1. Registered construction companies in India. 2. Projects focused on the use of products with energy efficiency labels. | 1. Contact the Bureau of Energy Efficiency (BEE) for information on available incentives. 2. Submit project details and required documents. |
| Construction Skill Development Fund (CSDF) | 1. Financial assistance for skill development programs in the construction sector. | 1. Registered construction companies in India. 2. Organizations or institutions providing construction-related training programs. | 1. Apply through the Ministry of Skill Development and Entrepreneurship. 2. Submit project details and required documents. |
| Apprenticeship Training Subsidy | 1. Reimbursement of expenses for apprenticeship training. | 1. Registered construction companies in India. 2. Companies engaged in apprenticeship training programs. | 1. Register with the National Apprenticeship Training Scheme (NATS). 2. Submit claim forms and required documents. |
| National Skill Development Corporation (NSDC) | 1. Funding for skill development programs in the construction sector. | 1. Registered construction companies in India. 2. Training providers and institutions affiliated with the NSDC. | 1. Apply for funding through the NSDC. 2. Submit project details, training program outline, and required documents. |
| Pradhan Mantri Kaushal Vikas Yojana (PMKVY) | 1. Financial assistance for short-term training and recognition of prior learning programs. | 1. Registered construction companies in India. 2. Individuals seeking training in the construction sector. | 1. Apply through the PMKVY website. 2. Locate an authorized training center and complete the required process. |
| Green Skill Development Programme (GSDP) | 1. Training and capacity building in the field of environment and sustainable development. | 1. Registered construction companies in India. 2. Training providers and institutions affiliated with the GSDP. | 1. Apply through the Ministry of Environment, Forest and Climate Change. 2. Submit project details, training program outline, and required documents. |
| Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY) | 1. Skill development and placement-linked training for rural youth in the construction sector. | 1. Registered construction companies in India. 2. Rural youth seeking training in the construction sector. | 1. Apply through the DDU-GKY website. 2. Locate an authorized training center and complete the required process. |
| National Rural Livelihood Mission (NRLM) | 1. Financial support for self-employment and skill development in the construction sector. | 1. Registered construction companies in India. 2. Self-help groups and individuals in rural areas. | 1. Apply through the NRLM website or through the respective state rural livelihood mission. 2. Submit required documents. |
| RPL (Recognition of Prior Learning) under PMKVY | 1. Certification and monetary reward for workers with prior experience in the construction sector. | 1. Registered construction companies in India. 2. Individuals with prior learning or experience in the construction sector. | 1. Apply through the PMKVY website. 2. Locate an authorized training center and complete the required process. |
| Sector Skill Councils (SSCs) | 1. Funding and support for skill development programs in specific sectors, including construction. | 1. Registered construction companies in India. 2. Training providers and institutions affiliated with the respective SSC. | 1. Apply through the respective Sector Skill Council. 2. Submit project details, training program outline, and required documents. |
| Skill Development Initiative Scheme (SDIS) | 1. Financial assistance for skill development programs through Industrial Training Institutes (ITIs). | 1. Registered construction companies in India. 2. Training providers and institutions affiliated with ITIs. | 1. Apply through the Directorate General of Training (DGT). 2. Submit project details, training program outline, and required documents. |
| Skill Acquisition and Knowledge Awareness for Livelihood Promotion (SANKALP) | 1. Support for skill development programs focusing on employability and entrepreneurship in the construction sector. | 1. Registered construction companies in India. 2. State Skill Development Missions, Training Providers and Institutions. | 1. Apply through the Ministry of Skill Development and Entrepreneurship. 2. Submit project details and required documents. |
| National Urban Livelihoods Mission (NULM) | 1. Financial assistance for skill development and self-employment programs in the construction sector for urban poor. | 1. Registered construction companies in India. 2. Urban poor individuals seeking training in the construction sector. | 1. Apply through the NULM website or through the respective state urban livelihood mission. 2. Submit required documents. |
| National Career Service (NCS) | 1. Skill development programs and career guidance in the construction sector. | 1. Registered construction companies in India. 2. Individuals seeking training and career guidance in the construction sector. | 1. Register and apply through the National Career Service portal. 2. Complete the required process. |
| Atal Innovation Mission (AIM) | 1. Financial assistance for incubators and training centers focused on innovation in the construction sector. | 1. Registered construction companies in India. 2. Incubators, training centers, and startups focused on innovation in the construction sector. | 1. Apply through the Atal Innovation Mission portal. 2. Submit project details and required documents. |
| Integrated Skill Development Scheme (ISDS) | 1. Financial assistance for skill development programs in the construction sector, especially for women. | 1. Registered construction companies in India. 2. Training providers and institutions focusing on skill development for women in the construction sector. | 1. Apply through the Ministry of Textiles. 2. Submit project details, training program outline, and required documents. |
| Udaan Scheme | 1. Skill development and job assistance for youth from Jammu and Kashmir in the construction sector. | 1. Registered construction companies in India. 2. Youth from Jammu and Kashmir seeking training in the construction sector. | 1. Apply through the Udaan website or contact the National Skill Development Corporation (NSDC). 2. Submit required documents. |
| State-Level Skill Development Missions | 1. Financial assistance for skill development programs in the construction sector at the state level. | 1. Registered construction companies in India. 2. Training providers and institutions operating in specific states. | 1. Apply through the respective State Skill Development Mission website. 2. Submit project details and required documents. |
| Craftsmen Training Scheme (CTS) | 1. Financial assistance for vocational training in the construction sector through Industrial Training Institutes (ITIs). | 1. Registered construction companies in India. 2. Training providers and institutions affiliated with ITIs. | 1. Apply through the Directorate General of Training (DGT). 2. Submit project details and required documents. |
| National Handicapped Finance and Development Corporation (NHFDC) | 1. Financial assistance for skill development programs in the construction sector for persons with disabilities. | 1. Registered construction companies in India. 2. Persons with disabilities seeking training in the construction sector. | 1. Apply through the NHFDC website. 2. Submit project details and required documents. |
| Support to Training and Employment Programme for Women (STEP) | 1. Financial assistance for skill development programs in the construction sector for women. | 1. Registered construction companies in India. 2. Women seeking training in the construction sector. | 1. Apply through the Ministry of Women and Child Development. 2. Submit project details and required documents. |
| Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY) | 1. Financial assistance for skill development and placement programs in the construction sector for rural youth. | 1. Registered construction companies in India. 2. Rural youth seeking training and placement in the construction sector. | 1. Apply through the DDU-GKY website or through the respective state rural development department. 2. Submit required documents. |
| Construction Industry Development Council (CIDC) Training Programs | 1. Training programs and certifications for various construction-related trades. | 1. Registered construction companies in India. 2. Individuals seeking training in the construction sector. | 1. Apply through the CIDC website or contact the CIDC directly. 2. Submit required documents and complete the application process. |
| Pradhan Mantri Kaushal Vikas Yojana (PMKVY) | 1. Financial assistance for skill development programs in the construction sector with a focus on industry-relevant skills. | 1. Registered construction companies in India. 2. Individuals seeking training in the construction sector. | 1. Apply through the PMKVY website or through the respective state skill development mission. 2. Submit required documents. |
| Green Skill Development Programme (GSDP) | 1. Financial assistance for skill development programs in the construction sector with a focus on green skills and sustainable practices. | 1. Registered construction companies in India. 2. Training providers and institutions focused on green skills in the construction sector. | 1. Apply through the Ministry of Environment, Forest and Climate Change. 2. Submit project details and required documents. |
| Apprenticeship Training Scheme (ATS) | 1. Financial assistance for apprenticeship programs in the construction sector. | 1. Registered construction companies in India. 2. Individuals seeking apprenticeship opportunities in the construction sector. | 1. Register and apply through the Apprenticeship portal. 2. Complete the required process. |
| Skill Acquisition and Knowledge Awareness for Livelihood Promotion (SANKALP) | 1. Financial assistance for skill development programs in the construction sector with a focus on improving quality and market relevance. | 1. Registered construction companies in India. 2. Training providers and institutions focused on skill development in the construction sector. | 1. Apply through the SANKALP website or contact the respective state skill development mission. 2. Submit project details and required documents. |
| RPL (Recognition of Prior Learning) under PMKVY | 1. Financial assistance for assessment and certification of prior learning in the construction sector. | 1. Registered construction companies in India. 2. Individuals with prior learning or experience in the construction sector. | 1. Apply through the PMKVY website or through the respective state skill development mission. 2. Submit required documents. |
| National Apprenticeship Promotion Scheme (NAPS) | 1. Financial assistance for employers to provide apprenticeship training in the construction sector. | 1. Registered construction companies in India. 2. Employers looking to provide apprenticeship opportunities in the construction sector. | 1. Register and apply through the NAPS portal. 2. Complete the required process. |
| Infrastructure Equipment Skill Council (IESC) Training Programs | 1. Training programs and certifications for operators of infrastructure equipment in the construction sector. | 1. Registered construction companies in India. 2. Individuals seeking training in infrastructure equipment operation. | 1. Apply through the IESC website or contact the IESC directly. 2. Submit required documents and complete the application process. |
| STRIVE (Skill Strengthening for Industrial Value Enhancement) | 1. Financial assistance for skill development programs in the construction sector with a focus on improving the effectiveness of ITIs. | 1. Registered construction companies in India. 2. Training providers and institutions affiliated with ITIs. | 1. Apply through the respective state skill development mission or contact the Directorate General of Training (DGT). 2. Submit project details and required documents. |
Tax Incentives for the Construction Industry
Tax incentives are designed to encourage investments and promote growth in the construction sector. Key tax incentives include:
- Accelerated Depreciation Benefits: Companies can claim higher depreciation rates on specific assets, reducing taxable income.
- GST Concessions: Reduced GST rates apply to affordable housing projects, promoting the development of affordable homes.
- Custom Duty Exemptions: Import of specified construction equipment and materials may qualify for custom duty exemptions.
- Income Tax Deductions: Developers engaged in affordable housing projects can claim income tax deductions under Section 80-IBA of the Income Tax Act.
Low-Interest Loans and Funding Assistance
To facilitate access to credit for construction industry players, the government has introduced various low-interest loan schemes and funding assistance programs:
- MUDRA Loans: The MUDRA scheme supports micro and small enterprises, including those in the construction sector, by providing collateral-free loans.
- Credit Guarantee Fund Scheme for Micro and Small Enterprises (CGMSE): CGMSE offers credit guarantees to financial institutions lending to micro and small enterprises in the construction sector.
- Technology Upgradation Fund Scheme (TUFS): TUFS promotes the adoption of modern technology in the construction industry by providing interest subsidies and capital subsidies.
- Pradhan Mantri Awas Yojana (PMAY): This flagship program aims to provide affordable housing for all, offering credit-linked subsidies to homebuyers and interest rate subsidies to developers.
Subsidized Land and Infrastructure Development
The government supports land acquisition and infrastructure development through various programs:
- Industrial Parks and Special Economic Zones (SEZs): These designated zones offer tax incentives, duty exemptions, and infrastructure support to attract investments in the construction sector.
- State-Specific Industrial Policies: Various states in India provide land and infrastructure subsidies to construction companies to promote regional development.
- Affordable Housing Programs: The government allocates land and offers infrastructure support for affordable housing projects, promoting the construction of budget homes.
Energy Efficiency Incentives
Energy efficiency incentives aim to encourage the adoption of green building practices and sustainable technologies in the construction industry:
- Perform, Achieve and Trade (PAT) Scheme: The PAT scheme incentivizes energy-efficient construction by providing tradable energy savings certificates.
- Energy Efficiency Financing Platform (EEFP): EEFP provides financial assistance for energy-efficient construction projects and technologies.
- Partial Risk Guarantee Fund for Energy Efficiency (PRGFEE): PRGFEE offers partial risk guarantees to financial institutions lending to energy efficiency projects in the construction sector.
Training Subsidies and Grants for Skill Development
Skill development is crucial for maintaining a competent workforce in the construction industry. The government offers various training subsidies and grants to address skill gaps:
- Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY): DDU-GKY provides skill development and placement assistance to rural youth in the construction sector.
- Construction Industry Development Council (CIDC) Training Programs: CIDC offers specialized training programs and certifications for construction workers.
- Pradhan Mantri Kaushal Vikas Yojana (PMKVY): PMKVY is a flagship skill development initiative that provides short-term training and recognition of prior learning (RPL) for construction workers.
Research and Development Support
The government encourages research and development (R&D) in the construction sector through various incentives and funding programs:
- R&D Tax Incentives: Companies engaged in R&D activities in the construction sector can claim tax deductions for their R&D expenses.
- Funding Programs for Innovation and Technology Development: The government offers grants and financial assistance to support innovative construction technologies and sustainable practices.
Green Building Incentives
Green building incentives aim to promote eco-friendly and sustainable construction practices:
- Green Rating for Integrated Habitat Assessment (GRIHA) Benefits: GRIHA-certified projects may receive benefits like property tax rebates, additional floor area ratio, and priority processing of project approvals.
- Leadership in Energy and Environmental Design (LEED) Incentives: LEED-certified projects may be eligible for incentives such as tax breaks, expedited permitting, and other financial benefits.
- Green Building Incentives in State Policies: Many states offer specific incentives to promote green construction, including financial benefits and regulatory support.
Women Empowerment in the Construction Sector
The government has initiated several schemes to promote women’s entrepreneurship and empowerment in the construction industry:
- Mahila E-Haat: This online platform supports women entrepreneurs by offering a marketplace for their products and services, including construction-related offerings.
- Mahila Coir Yojana: This scheme provides training, financial assistance, and marketing support to women entrepreneurs in the coir industry, which produces construction materials.
- Women Entrepreneurship Platform (WEP): WEP is a unified platform that offers resources, mentorship, and funding support to women entrepreneurs, including those in the construction sector.
Disaster-Resilient Construction Incentives
The government has introduced incentives to promote disaster-resilient construction practices:
- National Disaster Management Plan (NDMP) Funding: The NDMP provides financial assistance for construction projects incorporating disaster-resistant features.
- State-Specific Disaster-Resilient Construction Policies: Various states offer incentives to promote the adoption of disaster-resistant construction techniques, such as tax benefits, low-interest loans, and technical assistance.
Promoting Micro, Small, and Medium Enterprises (MSMEs) in Construction
The government has introduced several schemes to support MSMEs in the construction sector:
- MSME Development Schemes: These schemes offer financial assistance, infrastructure support, and capacity building for MSMEs in the construction industry.
- Cluster Development Programs: The government promotes cluster-based development for MSMEs in construction by offering financial assistance, skill development programs, and marketing support.
- Market Development Assistance Scheme (MDA): This scheme provides financial assistance to MSMEs for participating in international trade fairs and exhibitions, showcasing their construction products and services.
The multifaceted impact of construction subsidies on the industry and the economy cannot be overstated. By promoting sustainable, inclusive, and diverse growth, these support programs help the construction sector thrive and contribute to India’s overall development. Stakeholders in the construction industry must stay informed about these subsidies and incentives to maximize their benefits and drive innovation in this critical sector.