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Maharashtra
Government Industrial Policy- 2001
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Government of
Maharashtra has announced a pro-investment policy for industrial
development in the year 2001.
Few salient features are given
below:
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1. Full fledged infrastructure development, in MIDC industrial
areas with five star facilities in selected areas, including
Butibori and Nandgaonpeth. In addition to electricity, water,
roads, telephones, transport etc. educational institutions, health
facilities, effluent treatment facility, residential township,
single window clearance etc.
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2. Exemption from payment of electricity duty for 15 years in
C, D, D+ and no industry areas. Entire Vidarbha is covered by
this facility.
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3. Exemption from payment of Stamp duty & registration fee
for setting up new industries, for acquisition of land, loan
mortgage documentation etc, for six years upto 31st
March 2006.
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4. Refund of Octroi paid by units in Municipal Corporation
areas to the extent of 100% of Fixed Capital Investment for
the period of 7 years, 9 years, and 15 years in C, D, D+ and
No industry district respectively.
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5. Refund of interest paid to financing agency for term loans @
5%, limited to Rs. 10 lakhs in C area, Rs. 20 lakhs in D area,
Rs. 25 lakhs in D+ area and Rs. 35 lakhs in No industry area.
The incentive is available for small scale industries in
textile, readymade garments, hosiery and knitwear product
lines.
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6. Special capital incentives in the form of grant, to the
extent of 20%, 30%, 35%, 40%, in C, D, D+, No industry areas,
with upper ceiling of Rs. 10 lakhs, Rs. 20 lakhs, Rs. 25 lakhs
& Rs. 35 lakhs respectively.
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7. New as well as existing industries in D, D+ and No industry
areas will be permitted to set up captive power plants. Except
Nagpur city and Amravati city, entire Vidarbha region is
covered in this classification of D and D+.
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8. Self Governing New Industrial Township, with powers to raise
resources and determine application of funds will be
established at 12 locations in Maharashtra which includes
Butibori Industrial Area Dist. Nagpur, Nandgaonpeth Industrial
Area Dist. Amravati, Tadali Growth Centre MIDC Area Dist.
Chandrapur, Additional MIDC Area Yavatmal Dist. Yavatmal, from
Vidarbha region.
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9. Butibori Industrial Area Dist. Nagpur will be proposed to
Govt. of India for establishment of Special Economic Zone.
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10. Sales Tax on IT products, will be maintained at the level of
minimum floor rates upto 31st March 2006. No
additional sales tax/surcharge, turnover tax shall be applied
to IT Products.
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For Latest
Development on the Subjects related to Industries,
visit official website of Maharashtra Government at:
http://www.maharashtra.gov.in
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Or
Contact
Secretary, Industries,
Government. Of Maharashtra
Mantralaya, Mumbai – 400 032.Maharashtra State, India.
Email: umc@giasbm01.vsnl.net.in
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For Further
Details Contact:
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Development
Commissioner (Industries) Maharashtra
Directorate of Industries, New Administrative Bldg.,
2nd Floor, Opp. Mantralaya,
Mumbai – 400 032, Maharashtra Government, India.
Phone: 91-22-2028616 Fax: 91-22-2026826
Email: dihq@mah.nic.in
scind@giasbm01.vsnl.net.in
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