Incentives for mega projects criteria for qualification is based on investment or employment further to the threshold limits specified in the earlier industrial policy, a new category of ultra mega. Industries or the maharashtra industrial development corporation. An industrial policy ip or industrial strategy of a country is its official strategic effort to. It is therefore necessary to amend the package scheme of incentives20, in the light of the industrial policy 2019 and introduce a new package scheme of incentives 2019, containing details of eligibility criteria, quantum of incentives and.
The incentives in the industrial policy are in the form of power subsidies, interest subsidies, stamp duty exemption, electricity duty. Maharashtra industrial policy 20 18 highlights given the experience in the last. The state has recently declared the new industrial policy 20 to ensure sustained industrial growth through various innovative. Man infra fy board of directors corporate governance. Package scheme of incentives 20 government of maharashtra. Realizing this the government is keen on promoting small scale industries. Textile policy 2018 23 of maharashtra state shall be eligible only for.
Maharashtra is the largest economy in india and accounts for 15. Maharashtra new industrial policy, 2019 with an intent to make maharashtra, usd1 trillion economy in the country, the government of maharashtra has released maharashtra new industrial policy, 20191, which shall be valid for a period of five years from 1 april 2019. Socio economic survey of maharashtra, 201718, nhai, news articles. To retain maharashtra s leadership position in industrial investment within the country. Maharashtra has established the maharashtra industry, trade and investment. The salient features of new industry, trade and commerce policy launched by the government of maharashtra and brief information on various state and. The validity of the industrial policy, 20 is from 1st april 20 to 31st march 2018 some of the major highlights of the policy are. Inr 1 per unit consumed to eligible new units located in gondia, kinvat. Recently launched new initiatives of government of. The economy of maharashtra is the largest in india. In order to promote balanced industrial development, promote sustainable economic growth and encourage setting up of new industrial units and thereby create substantial employment opportunities in the state, the government of maharashtra has issued the new industrial policy 20 vide gr no. In new midc industrial estates, 10% area will be reserved for micro and small. The maharashtra industrial policy 20 has given a special attention to encourage small scale industries. Fostering industrial development in africa in the new global environment pdf.
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