The State Government has set a target to create five lakh jobs for the unemployed people through its new industrial policy. After the Stakeholders meet in national Capital 10 days ago a similar meeting was organised on Monday in the State Capital to get suggestions from local traders and industrialists.
The entrepreneurs from various parts of the State participated in the meet chaired by the State Industry Secretary, Puja Singhal.
Addressing the entrepreneurs Singhal said that several changes have been made in the policy of 2021 from the policy of 2016 and various changes in taxes have been brought by the Government. She said that under the policy, the Government will give five per cent subsidy on setting up of first two units in any district. “The government will provide an additional 10 per cent grant to industries that take two years after the policy is implemented. For medium scale industries, 25 per cent subsidy will be given instead of 20 per cent, which will be up to Rs 30 crore. The grant amount will also be the same for large industries,” she added.
Singhal said that the department is working to open closed industries till the second anniversary of the Government. The number of such industries is 634, which have been identified by the department, she added.
Source: The Pioneer
