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Local laws Haryana Department of Town and Country Planning Haryana Development and Regulation of Urban Area Act, 1975

The Haryana Government issues Revised Assistance for Technology Acquisition Scheme

21-Apr-2023 | No. 02/03/2023-1IB-II.

The Haryana Government has issued Revised Assistance for Technology Acquisition Scheme. The objective of the scheme is to identify and facilitate acquisition of new technology by Manufacturing Enterprises from the MSME sector.
Some highlights of the scheme are provided below-
1. The Scheme shall commence with effect from 01.01.2021 for technology acquisition and shall remain in operation for a period of 5 years.
2. The unit shall file Udyam Registration Certificate (URC) and Haryana Udhyam Memorandum (HUM) on the portal for the statistical purpose.
3.The definition of latest technology is defined The technology/machinery with latest technology that has been patented within the last 10 years of the date of technology acquisition in case of domestically filed patents and within the last 5 years of the date of technology acquisition in case of internationally filed patents.
4. The units should be in commercial production and should be ZED certified.
5. If it is found that assistance from the Government has been availed on the basis of any false information, the applicant shall will be liable to penalty of returning the investment with compound rate of interest @ 12% per annum and shall also be liable to face legal action.

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