Investing in Connectivity and Industry in Central India slide image

Investing in Connectivity and Industry in Central India

Industrial Promotion Policy Textile, Pharma, and Food Processing (IPP) Textile Pharma Food Processing Interest Subsidy for Textile Industry: 5% to 7% for 5 years on term loan (TUFS approved Plant & Machinery) for Textile Industry Slack period for Gross Supply Value (GSV) Multiple - 2 years slack period from date of production to comply Gross Supply Value Multiple. 1.5 Times incentives to food processing sector as compared to other sectors ranging from 15% to 60% Mandi Fee reimbursement for five years is provided for food processing industry Financial assistance of 15% of the project cost subject to a ceiling of INR 5 crore for Mega Food parks and Food parks Stamp duty reimbursement on transfer of land to SPV for establishing mega food park Rationalized the investment threshold limit to the tune of INR 25 Cr for Food Processing, Biotechnology, Herbal & Minor Forest Produce and Tourism sectors to grant Mega Project Status
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