Eligibility of power exemption for core sector industries across the state
24% growth in GST collection
Capital investment of 14 thousand 983 crores made in 848 industrial units during Corona period
Timeline for earlybird grant for setting up new bio ethanol plant now extended to 18 months
Reduction in prescribed water rates for industrial use of ground water from 20 to 33 percent.
Special package announced for industries in sponge iron and steel sector: Sector-wise exemption limit was increased from 60 percent to 150 percent
Raipur, 10 October 2020. The foresighted decisions taken by the state government have given impetus to industrial development in Chhattisgarh even during the Corona crisis. Several sensitive decisions like concessions in electricity rates, grants-in-aid to the state government, and giving priority to the products of local industries with simple and convenient system of providing various approvals have made life of the industry of Chhattisgarh. In the era of Corona, when industrial activity ceased throughout the country, Then production continued in the core sector industries of Chhattisgarh. In the last week of April, production activities had started in industries other than core sector. The State Government has taken continuous decisions in the interest of industries. The result of this was a pleasant result that Chhattisgarh registered a growth of 24 percent in the GST collection in the month of September 2020 compared to the month of September last year. The GST collection in Chhattisgarh was Rs 1490 crore in the year 2019 September, which increased to Rs 1841 crore in the year 2020 September despite the Corona crisis. This year, from January 2020 to June 2020, 848 industrial units provided employment to 15 thousand 424 persons in industries by investing capital of 14 thousand 983 crore. Which increased to Rs 1841 crores in the year 2020 September despite Corona crisis. This year, from January 2020 to June 2020, 848 industrial units provided employment to 15 thousand 424 persons in industries by investing capital of 14 thousand 983 crore. Which increased to Rs 1841 crores in the year 2020 September despite Corona crisis. This year, from January 2020 to June 2020, 848 industrial units provided employment to 15 thousand 424 persons in industries by investing capital of 14 thousand 983 crore.
Under the leadership of the Chief Minister, Mr. Bhupesh Baghel, the State Government has consistently taken decisions in the interest of industries with full sensitivity. Chief Minister Mr. Baghel himself discussed the problems of the industry from time to time with the representatives of different sectors from time to time during the lockdown period and took quick decisions to resolve the problems. In the recently held cabinet meeting, several important decisions regarding industries were taken. There was an increase of one year in the period prescribed for setting up industries in the land leased to industries. Transfer of land was made easier in cases of non-use of industrial land allotted on lease. An 18-month period has been fixed for earlybird grant for setting up new bio-ethanol plant. First MOU After the start of production within six months there was a provision for grant of earlybird grant. This period has now been extended to 18 months.
A special package has been announced for Scheduled Caste entrepreneurs and startups. The eligibility for grant waivers and concessions for expansion and embalming of industries to be established in the Industrial Policy 2019-24 was also approved in the meeting of the Council of Ministers. It has been decided to facilitate permanent capital investment grant to micro and small industries as well as small industries. Industries in the core sector were eligible for electricity duty exemption across the state. The core sector industries including steel have got a new lease of life due to the subsidy in electricity. This will benefit the industries in these core sectors from the market across the country. The state government extended the Chhattisgarh State Processing Mission to 31 October 2024 to promote agro-based rural industries. In this mission, the Forest Rights Act to give special priority to the lease holder and community and forest resource empowered villages. Approval has been made. Declaring a special package under the B-spoke policy for sponge iron and steel sector industries, the sector-wise exemption limit has been increased from 60 percent to 150 percent. Similarly, the prescribed water rates for industrial use of ground water have been reduced from 20 to 33 percent. Similarly, it was decided to allot the land to the new applicants by withdrawing the land holdings from the canceled plots and closed units.
Under the new industrial policy, it was decided to give a special investment incentive package for investment in the mega ultra mega project of Ispat (Sponge Iron and Steel) sector. Investment incentives up to a maximum of 500 crores (up to 1000 crores for Bastar division) will be valid in the package announced for mega investors. It will be necessary for the proposed units to commence commercial production on or before 31 October 2024. New units starting commercial production will get economic investment incentive by investing in a fixed capital investment item of Rs 100 crore. The state government has decided to set up food parks in all 146 development blocks of the state for processing agricultural and horticultural crops. Under this, a total of 1346 in 101 development blocks out of 146 development blocks for setting up food parks. 656 hectare government land has been identified. In 15 development blocks of the state, a total of 204.517 hectare government land was acquired by the Department of Revenue by the Department of Revenue, in which action is under progress for infrastructure development work.
Micro, small and medium industries of the state are being given priority in government procurement. For this, the marketing portal e-standard has been implemented by the state government. GST in the state to determine the rates for tenders units outside the state Registration has been made mandatory. So far, 412 crore rupees have been purchased through the e-standard portal. The state produced 27 lakh tonnes of steel during the lockdown period, which is the highest production in comparison to other states of India. The James and Jewelery Park is being set up on 10 acres of land in Raipur, the state capital. This will give a boost to the gems and jewelery business in the state and provide employment to artisans associated with the business at the local level. Ministry of Micro, Small and Medium Enterprises, Government of India, due to the encouragement being given by the state government to micro, small and medium industries The state of Chhattisgarh has been ranked second in the field of MSME promotion and development at the national level by New Delhi. Similarly, more than 415 startups have been recognized by the Central Government so far. Chhattisgarh has been declared as the Best Emerging Startup Ecosystems State under the Youth Startup Scheme by setting up 4 incubators in the state. In order to provide employment to the youth, in the financial year 2019-20, total loan amount of 68.28 crore was disbursed by various banks to 1572 beneficiaries and payment of margin money grant by the department was Rs 31.26 crore (till March 2020) under the Prime Minister Employment Generation Program. has been done.
Similarly, under the Mukhyamantri Yuva Swarojgar Yojana, in the financial year 2019-20, a total loan of Rs 10.14 crore was disbursed to 494 beneficiaries by various banks and an amount of Rs 1.73 crore has been paid to the beneficiaries by the department as margin money grant. . Under the interest subsidy scheme to industrial units, an amount of Rs 22.83 crore was disbursed to 848 industrial units from January 2020 to June 2020, as well as Rs 80.13 crore was disbursed to these units as a permanent capital investment grant.
