Mineral-rich Chhattisgarh now an investment destination too
Financial Express Kolkata|December 24, 2024
A year after assuming office, Chhattisgarh chief minister Vishnu Deo Sai has unveiled a new industrial policy aimed at attracting investments in various sectors such as semiconductors, information technology, electronics, food processing, renewable energy, tourism, and education.
Sandip Das

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.

Bu hikaye Financial Express Kolkata dergisinin December 24, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Financial Express Kolkata dergisinin December 24, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

FINANCIAL EXPRESS KOLKATA DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
Financial Express Kolkata

South steals the spotlight

Hits from Hindi film industry in post-Covid era have been fewer and far between

time-read
3 dak  |
December 28, 2024
Financial Express Kolkata

Smart Cities Mission: School enrolment up 22%

STEPS TAKEN UNDER the Smart Cities Mission have led to a 22% increase in school enrolment in 19 cities and improved real-time tracking of criminal activities, according to two studies by the Indian Institute of Management, Bangalore.

time-read
1 min  |
December 28, 2024
Financial Express Kolkata

Does India want BGT win or Rohit back in form?

In case openers KL Rahul or Yashasvi Jaiswal had been struggling, Rohit's elevation would have made sense. But with his form, the change of batting order wasn't really warranted

time-read
2 dak  |
December 28, 2024
Financial Express Kolkata

UltraTech to buy stake in Star Cement

UltraTech Cement is set to acquire a minority stake in Star Cement.

time-read
1 min  |
December 28, 2024
Financial Express Kolkata

Byju Raveendran: From boom to bust

US-based lenders initiated bankruptcy proceedings against Byju's to recover outstanding loans, and back home, the ministry of corporate affairs launched investigations into its financial practices.

time-read
1 min  |
December 28, 2024
Financial Express Kolkata

Oil rises 1%, heads for weekly gain

OIL ROSE ABOUT 1% on Friday and was set for a weekly gain in low trading volume ahead of year-end, backed by expectations of lower US crude stockpiles and hopes of a stimulus-driven economic recovery in China.

time-read
1 min  |
December 28, 2024
Financial Express Kolkata

IIFL Home Finance expects 15% AUM growth in FY25

● Looking at stock market listing, but no timeline yet

time-read
2 dak  |
December 28, 2024
Financial Express Kolkata

Jewellery units lose sheen on weak Rupee

THE DEMAND IN east Asia, however, has been tepid.

time-read
1 min  |
December 28, 2024
Financial Express Kolkata

Squid Game stocks tank

A LESS-THAN-PERFECT debut for the new season of Netflix's blockbuster series Squid Game sent shares of related South Korean companies sharply lower Friday.

time-read
1 min  |
December 28, 2024
Financial Express Kolkata

Richard Parsons, who rescued Time Warner, Citigroup, dies

RICHARD PARSONS, THE executive dubbed \"Captain Emergency\" for his record of stabilizing ailing companies such as AOL Time Warner, Citigroup and Dime Savings Bank of New York, has died. He was 76.

time-read
2 dak  |
December 28, 2024