Investing in Connectivity and Industry in Central India slide image

Investing in Connectivity and Industry in Central India

Industrial Promotion Policy: Apparel / Garment units ▸ Maximum incentives to the tune of 200% of investment in plant and machinery Interest subsidy of 5% for 7 years ▸ Employment Generation Assistance: INR 5,000/ employee/ month for max. 5 years for new employees for 10 years ► Skill development and training expenses: INR 13,000/ new employee for 5 years for MP domicile employees (reimbursement) 50% discount in the development fee in case of taking lease land in the industrial area ► Reimbursement of Stamp Duty and Registration Fee Electricity duty exemption for a period of 7 years ► Concession on Power tariff: Fixed rate of INR 5/ unit on new electrical connection, for 5 years
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