Benefit of Capital Subsidy (to the tune of Rs. 12,42,038/- against the capital invested on Plant & Machinery) in terms of Clause 2(vii) of the Industrial Incentive Policy-2011. The claim was denied for the reason of non-approval of investment proposal by the “Competent Authority” despite making the entire investment and grant of approval by the State Investment Promotion Board (SIPB), Bihar, Patna.