Madhya Pradesh will introduce investment incentive scheme
BHOPAL: Under the Industrial Promotion Policy 2014, Madhya
Pradesh will introduce an investment incentive scheme to provide the facilities
for big-ticket industrial investment projects.
In the Investment Promotion Committee meeting chaired
by Chief Minister Shivraj Singh Chouhan here on Monday it was informed that to
avail the benefits of this scheme registration with the MPTRIFAC would be
required. After registration the industrial units would submit a brief project
report to the TRIFAC.
The scheme provides for reimbursement of the
expenditure incurred on infrastructure development, encouragement to private
sector for infrastructure, entry tax and power duty exemption for green
industrialization, reimbursement of CST and Mandi fee, interest subsidy to
textile projects and assistance to economically impaired units. The cases of
the registered units would be presented to the state level empowered committee
by TRIFAC for decision.