All rights reserved 2020- BlogsClub.in The new policy provides an average outlay of Rs 8,000 crores under which incentives are to be provided to the industries in the state. Important Links. What is new in the Gujarat Industrial Policy 2020? The maximum support will be Rs 50 lakhs. There will be capital subsidy and interest subsidy for the MSME sector in the state. It aims to provide an estimated Rs 40,000 crore as subsidies to industries … The policy provides 12 per cent Fixed Capital Investment. On August 7, 2020 Gujarat Government announced the New Industrial Policy 2020 for the State, with an expected average annual outlay of up to Rs 8,000 crore, which is meant to provide incentives to the industries. This new Bharti 2020 Gujarat will surely help the candidates in getting this Gujarat government jobs 2020. The Industrial Policy 2020 provides an average outlay of ₹ 8,000 crores under which incentives are to be provided to the industries in the state. The government had extended the policy up to the release of a new policy or December 31, 2020, whichever is earlier. Gujarat Industrial Policy 2020 lays focus on development of comprehensive infrastructure facilities to facilitate industrial development. The state will provide an incentive to private developers for setting up private industrial parks in the state. For the startup companies, the new policy has increased the seed support from Rs 20 lakhs to Rs 30 lakhs. To encourage employers to employ more workers, this change has been effected; section 25N has been amended that specifies the conditions precedent to retrenchment of workmen. Additional financial support will be provided to these ventures as well. IT Policy Read More. Agro Industrial Policy Read More. Industrial Scenario in Gujarat Major Economic Sector in Gujarat- Current Status Gujarat’s economic growth has been faster in recent years while sustaining a double digit growth for a considerable period of time. With the New Industrial Policy’ 1991, the Indian Government intended to integrate the country’s economy with the world economy, improving the efficiency and productivity of the public sector. Scheme I – Interest Subsidy. This will be 25% of fixed capital investment up to Rs 30 crores. Topics: Gujarat Industrial Policy 2020 • Industrial Policy, © Copyright 2009-2019 GKToday | All Rights Reserved. Download Gujarat Sarkari Yojana list 2020 in PDF format and read the latest updates and news about new and upcoming social welfare schemes of Gujarat Government in 2020. Gujarat is known as India’s chemicals and petrochemicals hub. The current industrial policy in Gujarat came into force on January 1, 2015 and is due to expire by December 2019. The New Gujarat Industrial Policy 2020 will offer interest subsidy upto 7% upto INR 35 lakhs per annum for a period upto 7 years to these service sector MSMEs in the state including those engaged in Financial Services, Healthcare Services, Audio Visual services, Construction related engineering services, Environmental services etc. Gujarat Files Parody DOWNLOAD READ ONLINE File Size : 44,7 Mb ्ट -क Maharashtra Industrial Policy 2019 1 Preamble Maharashtra has been the leader in industrial development in India. Key Features of Industrial Policy, 2020. Industrial Policy 2020 Industrial Policy 2015. 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The first is where the state already has a manufacturing base whereas the latter include sectors such as electric vehicles, waste management projects, green energy, etc. What is new in the Gujarat Industrial Policy 2020? The National Education Policy 2020 (NEP 2020), which was approved by the Union Cabinet of India on 29 July 2020, outlines the vision of India's new education system. Gujarat State wants to select the candidates who have the minimum educational qualifications for its OJAS Maru Gujarat 2020 Vacancy. Tourism Policy 2003 - 2010 Read More. In the Gujarat Industrial Policy 2020, many new incentives and subsidies have been announced for industries in the Micro, Small and Medium (MSME) segment.Both capital as well as interest subsidies have been announced in order to boost their growth. Gross State Domestic Product (GSDP) of Gujarat at constant (2004-05) prices in 200910 has been estimated at Rs. The earlier industrial policy of the state was published in 2015 that came to an end in December 2019. section 25K has been amended, wherein the threshold limit for applicability of provisions of chapter VB has been increased from 100 workers to 300 workers, employed in the industrial establishments (not being an establishment of a seasonal character or in which works are performed only intermittently). To accomplish this objective, existing government regulations and restrictions on industry were removed. The government will pay 50 paise more to every unit of solar power bought from the MSMEs in order to promote rooftop solar power. MCA has issued Clarification on Extension of Annual General Meeting (AGM) for the financial year ended as at 31.03.2020 beyond the statutory period provided in Section 96 of the Companies Act, 2013. Countries such as Japan, Germany, USA and UK in this regard Portal... the! 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