A Policy on Agro-Allied Sectors
shall be formulated by the state Government with long
terms projections on targets, area coverage, production
levels and areas of emphasis in terms of farming,processing
and marketing activities. The Government shall also
take concrete steps for improvement of bio-technology
and modernisation of agriculture in the state with
a view to enhance quantitative and qualitative targets
in these core Sectors, especially in respect of cash
crops that can be grown in the State.
Subsidy for transportation of agricultural
produce to the industrial units shall be given to the
extent of 50% of the cost of transportation from the
place of harvest to location of processing unit within
the State.
Other
Incentives Offered
Apart from Central subsidy applicable
to industrial units in the small scale and tiny sector,
Central transport subsidy, state subsidy on power generation
and power tariff mentioned earlier, the following additional
incentives will be provided by the state Government:-
The Government shall lay emphasis
on entrepreneurship development programme to develop
entrepreneurial skills in various fields for promotion
of industrial activities.
The cost of nonstandard specifically
approved feasibility reports prepared by the agencies
recommended by the SIPC will be subsidised upto 2% of
the project cost subject to a ceiling of Rs.25,000/-.
The cost shall be reimbursed only after the promoter
completes documentation for loans from the state Level
Institutions for such projects. The report shall become
the property of the Government if the project is not
implemented within two years of approval/registration
of such proposal.
Sales Tax exemption will be given
for 5 years to manufacturing units from the date of
announcement of this new policy. The scheme shall be
eligible only to units setup after announcement of the
policy.
The State Government shall re-imburse
in full the amount spent towards stamp duty and registration
charges for securing loans availed from the state financial
institutions including by way of mortgage of fixed assets.
The re-imbursements shall be made only by the financing
agency. The amount shall be routed through the state
level financing agency (NIDC).
