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The policy delinks incentives from SGST. It will focus on 15 thrust areas and they have been divided into the core sector and sunrise sector. The New Industrial Policy of Gujarat unveiled in January, 2015 with vision of making the Gujarat a “Total Business Destinations” as a global competitive and innovative industrial destination that stimulates sustainable development & promotes inclusive growth. Download Gujarat PSC Lecturer Syllabus 2020 Pdf. Under the new “Industrial Development Policy (IDP) 2015-2020”, the Government approved the following fiscal benefits covering the categories of (a) Micro, Small & The maximum support will be Rs 50 lakhs. The policy delinks incentives from State Goods and Service Tax. With world class The new policy is aimed at leasing out government land to industrialists, provide incentives to private industrial parks and also provide relocation incentives to units intending to relocate in wake of COVID 19 Pandemic. IT Policy Read More. Gujarat Chief Minister Vijay Rupani (Photo: ANI) Gujarat offers 1,200-day labour law exemptions for new industrial investments 2 min read. A key objective of Gujarat Industrial Policy 2020 is to facilitate state of the art, sustainable infrastructure in the State. The state has eight chemical clusters, 14 industrial estates and three SEZs, which are primarily dedicated to the … Would you like to refer GPSC Lecturer Syllabus 2020 Pdf? 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. This new policy provides an average annual outlay of Rs 8000 crores, which will be earmarked for providing incentives to the industries. ... SIR Act 2009 Viability Gap Fund Policies Master Plans Summary Big 2020 Vision 2030 for Gujarat … 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. It has been notified that the employer shall be required to give 3 month’s notice to the workman and merely paying of wages in lieu of notice has been deleted. Gujarat Chief Minister Vijay Rupani speaks on "Gujarat: The growth engine and its contribution towards achieving five billion economy for new India" at Special State Session at a webinar at Assocham Foundation Week 2020 The government will pay 50 paise more to every unit of solar power bought from the MSMEs in order to promote rooftop solar power. What are Micro, Small & Medium Enterprises ? Scheme I – Interest Subsidy. The CBDT has issued the Income-tax (20th Amendment) Rules, 2020 to further amend the Income-tax Rules, 1962 which shall come into force from the date of their publication in the Official Gazette i.e 17-08-2020. It is expected that the average annual outlay for the New Gujarat Industrial Policy 2020 will be upto INR 8,000 crore. The policy provides 12 per cent Fixed Capital Investment. ्ट -क Maharashtra Industrial Policy 2019 1 Preamble Maharashtra has been the leader in industrial development in India. Chapter VB pertains to provisions related to lay off, retrenchment, closure of certain establishments. The scheme will be known as financial assistance by way of credit linked Interest Subsidy for eligible activities. 3.32 Lakh - crore as New Industrial Policy 2015 Read More. GANDHINAGAR: Gujarat Chief Minister Vijay Rupani announced State’s Industrial Policy 2020 here on Friday. Updated: 08 May 2020, 11:26 PM IST Prashant K. Nanda.  |  , https://lpd.gujarat.gov.in/assets/downloads/ordinance_03072020_05.pdf, RAJASTHAN notifies the Rajasthan Factories (Amendment) Rules, 2020, MH extends timeline for depositing contributions to labour welfare fund, Cabinet approves the proposal to extend the EPF contribution 24% (12% employees share and 12% employers share) for another three months from June to August 2020 under PMGKY/AATMANIRBHAR BHARAT, MPCB issues SOP for carrying out Inspection of Factories, Tamil Nadu notifies operational guidelines for Factories handling Hazardous Process / Dangerous Operations, ROC has extended time limit to conduct Company AGM by 3 Months to 31 December 2020. The new policy has been framed after meetings held with various stakeholders by nine task force committees of the state government. Gujarat government schemes list 2020 and complete details of all Gujarati Sarkari Yojana of current and previous Gujarat governments. Revised Minimum Wages dearness allowance for the State of Gujarat effective 1st April 2020 The last policy was immensely successful due to the fact that Gujarat stands first in terms of number of Industrial Entrepreneurship Memorandum filed for 2019. Road Policy. Gujarat Industrial Policy 2020 – State will offer Special Incentives to companies planning to relocate from other countries New Delhi: Chief Minister of Gujarat Mr. Vijay Rupani, announced the New Industrial Policy 2020 for Gujarat with an expected average annual outlay of up to Rs 8000 crore. Sources : CMIE, ASI 2010-11 & Economic survey 2011-12 5 • Manufacturing sector output of Gujarat stands at 13% of the total output of the total national output. Industrial Policy 2020 Industrial Policy 2015. In recent years, the state government has undertaken several initiatives for creation Additional financial support will be provided to these ventures as well. Gujarat is known as India’s chemicals and petrochemicals hub. Gujarat launches Industrial Policy 2020 August 8, 2020 Gujarat Industrial Policy 2020 has been unveiled by the state that aims to provide an estimated Rs 40000 crores as subsidies to the industries within the next five years. The new policy has been declared on expiry of outgoing policy on 31st December 2019. 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. 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. Industrial Disputes Act, 1947 Governor of GujaratEffective Date : 03 Jul, 2020, I have read and agree to the terms & conditions. Gujarat government schemes list 2020 and complete details of all Gujarati Sarkari Yojana of current and previous Gujarat governments. India’s Largest Professional  Blogging and News Club ! Refer to the Gujarat PSC Lecturer Syllabus to prepare for the exam in an effective way. Power Generation Policy Read More. MSME Champions IC Website Vibrant Gujarat Investor Facilitation Portal Ministry of MSME ... Gujarat Textile Policy 2012. Industrial Information System (IIS) Portal ... Understanding the Gujarat Industrial Policy 2020 (Part-2/4): Capital subsidies to large investments . The Gujarat government, on Friday, announced the new Industrial Policy 2020 for the State, with an expected average annual outlay of up to ₹8,000 crore. 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. The policy is a comprehensive framework for elementary education to higher education as well as vocational training in both rural and urban India. Gujarat will also become the first state to delink the industries from SGST. 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. Agro Industrial Policy Read More. Current Affairs [PDF] - December 1-15, 2020, Current Affairs MCQs PDF - November, 2020, Current Affairs [PDF] - November 17-30, 2020, Important Days & Events in Current Affairs. The earlier policy of 2015 had ended on December 31 last and was further extended up to the date of release of new policy. Gujarat Industrial Policy 2020 lays focus on development of comprehensive infrastructure facilities to facilitate industrial development. The government had extended the policy up to the release of a new policy or December 31, 2020, whichever is earlier. Tourism Policy 2003 - 2010 Read More. 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