Basis of evaluation entrepreneurship development, Mechanical Engineering

Basis of evaluation entrepreneurship development, Mechanical Engineering

Basis of evaluation entrepreneurship development, Mechanical Engineering

The following form basis of evaluation :

    The unit has obtained all necessary clearances whether statutory or administrative, e.g. drug license under drug control order, NOC from Pollution Control Board, if required etc.
    Unit does not violate any location restrictions in force, at the time of evaluation.
    Value of plant and machinery is within prescribed limits.
    Unit is not owned, controlled or subsidiary of any other industrial undertaking as per notification.
    It crosses the investment limits.
    It starts manufacturing any new item or items that require an industrial license or other kind of statutory license.
    Does not satisfy the condition of being owned, controlled or being a subsidiary of any other industrial undertaking.