The capital subsidy on investment under the industrial packages for Micro, Small and Medium Enterprises, MSME in Jammu and Kashmir has been doubled. The subsidy for MSME units in Jammu and Kashmir for investment in plant and machinery will be raised from 15 to 30 percent at par with the North East region. The Cabinet today gave its green signal for modification in the Central capital Investment Subsidy Schemes in this regard. These units in both Jammu and Kashmir and North East will now be eligible to claim subsidy for expansion not exceeding ten crore rupees for manufacturing sector and five crore for service sector units. AIR correspondent says that the changes have been made in accordance with recommendations of a task force for the purpose. The scheme is part of the industrial packages announced for Jammu and Kashmir in 2002 and North East region in 2007 for boosting industrialisation in these States. These states are already enjoying hundred percent exemptions on excise duty and Income Tax as well as three percent interest subsidy on working capital loan.