Business Ecosystem

Bihar - Industrial Policy of Bihar

Industrial Incentive Policy - 2006 New

Under this Industrial Incentive Policy- 2006 there are provisions for granting preproduction incentive of subsidy/exemption from stamp duty and registration fee and post production incentive of grant/exemption for preparation of project reports, purchase of land/shed, technical know-how, captive power generation/diesel generating set, quality certificate. Vat, luxury tax, electricity duty, conversion fee, market fee etc.

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Industrial Policy of Bihar

Bihar has immense potential to emerge as the most industrialised state in India. It possesses the richest mineral reserves in the country. It also is endowed with resources such as surface and ground water, fertile land, disciplined and skilled man power etc., so very essential for the establishment of industries.

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