On Monday the state received investment proposals worth ₹15,184 crore from leading industrialists after a meet in the national capital. Sai spoke to Sandip Das on a range of issues—from eliminating Naxalism by 2026 to the potential of the state to emerge as an investment destination. Excerpts:
What are the unique features of the state’s new industrial policy 2024-2030?
The policy has the potential for investment in sectors such as agriculture, food processing, energy, mining, and manufacturing. Our policy provides tax, land, and electricity exemptions as well as single-window clearance for industries. It emphasizes setting up industries but also on employment generation. It includes special subsidy and incentive packages for emerging sectors like artificial intelligence (AI), robotics, green hydrogen, data centres and semiconductors, streamlined approval processes without any hassles.
The state is no longer just a mineral-rich state. It is gradually emerging a hub for modern industries and emerging technologies. Industries in these areas will receive 30% to 50% assistance, along with tax exemptions ranging from 5 to 12 years, ensuring a smoother setup and operational process for businesses.
Denne historien er fra December 24, 2024-utgaven av Financial Express Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra December 24, 2024-utgaven av Financial Express Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Shyam Benegal cremated with full state honours
VETERAN FILMMAKER SHYAM Benegal, the pioneer of the parallel cinema movement in Indian cinema in the 1970s and 1980s, was cremated on Tuesday with full state honours and a three-gun salute.
Champions Trophy: India to play Pakistan on Feb 23
INDIA WILL PLAY all their matches of the Champions Trophy in Dubai with the marquee clash against arch-rivals Pakistan scheduled on February 23, the International Cricket Council (ICC) announced on Tuesday.
Net gains: Secured Virat, cautious Rohit gear up
INDIA GOT A chance to bat in the nets on fresher pitches on Tuesday, their last day of training as Christmas day is a rest day for them.
A middle-class meltdown
Economic shift, stagnating real income post Covid weigh on spending on daily items
EAM in US to boost bilateral ties
IN WHAT IS expected to be the first high-level contact between the incoming Trump 2.0 administration and the Indian government in its third term, external affairs Minister S Jaishankar is likely to meet the new Trump team in the US.
Uniting for greater good
COLLABORATIVE PHILANTHROPY is not a new idea.
IOC to invest ₹61K cr for Odisha project
NAPHTHA CRACKER PROJECT IN PARADIP
18% GST on used EV to be paid on seller's margin
A REGISTERED PERSON will have to pay an 18% Goods and Services Tax (GST) on sale of old and used vehicle only if the seller has earned a margin, which is if the selling price is higher than the depreciation adjusted cost price of the vehicle, official sources said.
Changing the lens can make a big difference
Why the campaign rocks: It's great to witness the growing number of gender-forward campaigns, each challenging outdated norm and fostering more inclusive, progressive narratives.
Road to relevance
How to craft a brand strategy that stands the test of time
