Madhya Pradesh would introduce an investment incentive scheme to provide the facilities under the Industrial Promotion Policy 2014 for big-ticket industrial investment projects. This was informed at a meeting of the Investment Promotion Committee chaired by the Chief Minister Shivraj Singh Chouhan on Monday.
It was informed at the meeting that to avail the benefits of this scheme, registration with the MPTRIFAC would be required. After registration, the industrial units would submit a brief project report to the TRIFAC.
The scheme provides for reimbursement of the expenditure incurred on infrastructure development, encouragement to private sector for infrastructure, entry tax and power duty exemption for green industrialisation, reimbursement of CST and Mandi fee, interest subsidy to textile projects and assistance to economically impaired units. The cases of the registered units would be presented to the State-level empowered committee by TRIFAC for decision.
Minister for Forests Gaurishankar Shejwar, Minister for Industries Yashodhara Raje Scindia, Minister for Revenue Rampal Singh and Chief Secretary Anthony DeSa and other members of the committee attended the meeting.
CM expresses grief over Patil’s demise
Chief Minister Shivraj Singh Chouhan has expressed grief on the death of former Maharashtra Deputy Chief Minister RR Patil. In his condolence message, the Chief Minister said that late Patil was a social worker and able leader. Chouhan prayed for peace to the departed soul and strength to the bereaved family to bear the loss.