Govt decides to discontinue Freight Subsidy Scheme, 2013

The Dollar Business Bureau

The Government has decided to discontinue the Freight Subsidy Scheme, 2013, notified vide notification F.No.11(5)/2009-DBA-II/NER dated 22.01.2013, immediately. Only those industrial units that were registered under the Freight Subsidy Scheme, 2013 prior to the date of issue of this notification alone will be eligible for the benefits of the scheme.

Those units that were registered under the erstwhile Transport Subsidy Scheme (TSS), 1971 prior to 22.01.2013 who are eligible for subsidy under the provisions of TSS, 1971, will continue to be eligible for residual benefits as per provisions of notification F.No.11(5)/2009-DBA-II/NER dated 22.01.2013.

The Government has also directed that the disbursement of subsidies to eligible industrial units will be only through Direct Benefit Transfer mechanism or in other words will be credited directly into the bank accounts of the beneficiary industrial units  and not through any nodal agency as was practised earlier.