Govt of Orisa (Odisha) has announced incentives for Investment in the state. In the scheme, capital subsidy is being given upto 20% for priority sector and 30% for thrust sector( of the investment in p&m, no upper cap).Power tariff subsidy of Rs.2 for seven years and Rs. 2 for ten years for priority and thrust sector. 100% SGST reimbursement (upper cap being 200% of Investment in P&M. 100% reimbursement of employer contributions in EPF/ESI for 5 years and seven years respectively for priority and thrust sectors respectively.
Note: Thrust Sector: Aerospace and Defense|Automobile & auto components | Mechanical and Electrical Capital Goods( Equipment Manufacturing)
priority Sector: Ancillary & downstream in Metal Sector| Rare Earth Mineral based value added products| Speciality Steel & its Products.
No comments:
Post a Comment