Gujarat Government announces new industry policy: Small scale industries will get subsidy up to Rs 35 lakh
Government land to be leased to new industries: New industrial policy will help realize dream of self-reliant India: CM
12 thrust sectors have been envisaged. These thrust sectors are divided into core sectors and sunrise sectors.
New industries will continue to be exempted from paying electricity duty for five years.
15% of the investment will be refunded
All entrepreneurs will get equal opportunity
Government land will be leased to new entrepreneurs
The rent will have to be paid at 5% of the market price
Bank loan can be done by keeping land mortgage
Exemption from electric duty for 3 years
More attention will be paid to research
You will also find support at the MSME Exhibition Stall
Up to 5% subsidy will be given in MSME sector in service sector
The power cycle for MSMEs using solar will be increased
5% assistance will be provided in industrial parks in tribal areas
Additional electricity will be procured at 7.5 per unit
The Gujarat government has today announced a new industrial policy. Government of Gujarat will lease government land to new industries. As well as small businesses will be given a subsidy of up to Rs 3 lakh, said Chief Minister Vijay Rupani while announcing the new industrial policy of the state on the occasion of completing 3 years of his rule today.
The new policy announced by the state government incorporates most of the suggestions made by the industries keeping in view the trends of global and national production as well as the sectors. Announcing the new industrial policy, Rupani said the new industrial policy would also help in realizing the dream of a self-reliant India, he added. They also said that a decision on the Badru Vibrant Summit would be taken after Corona took control. It may be mentioned that the industrial policy was completed on December 31, 2016. Which was extended till December 31, 2020.
Vijay Rupani said that more development was supported for the overall development of the state. According to figures released by the Government of India, Gujarat accounts for 31 per cent of the US ૪૯ 5 million investment compared to Drish. We have got this success because of the state policy. Proposed investment has increased by 3% during the year 2016. In contrast, investment in Gujarat has increased by 3% compared to last year. Thus there has been a significant increase in Gujarat compared to Dresh. Sunrise sectors include areas such as electric vehicles, waste management projects, eco-friendly compostable materials, industry 2.0 equipment, solar / wind equipment and export-oriented units, which have significant potential for technological development and potential for technological development. Is. Thrust sectors will be given incremental incentives as part of the policy. Ever since GST was introduced, compensation was given as per net SGST, now it has been decided to de-link the refund of SGST in the new industry policy. Gujarat is the first state in the world to do so. Large enterprises will now be given a cash subsidy of 15 per cent of the fixed capital investment (FCI) as a capital subsidy to set up industrial units. There is no limit to the amount of compensation that can be given to any industrial unit.
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This decision will help in bringing in large investments in the state. This benefit will be given for a period of 10 years at a maximum limit of Rs. 50 crore.
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