To provide industrial atmosphere and encouragement to the industrialist in the State, Government has revised industrial policy 2012. In the revised policy, new Industrial and Expansion or Diversification bodies will get the benefits of Aid Scheme. Disclosing the above here on Friday evening, chief secretary, Alok Ranjan said that all the concerned senior officers of state have been directed to benefit new industrial bodies along with expansion and diversification bodies by this aid scheme.
He said that to facilitate new industrial and expansion and diversification bodies establishing in Poorvanchal, Madhyanchal and Bundelkhand, they would take just 5% interest rate on loans taken from banks and financial institute for plant and machinery till maximum of five years. Besides, the benefit of compensation should be also given to the industrialist. Chief secretary said that only new industrial bodies and expansion or aid units of garment industry namely-knitting cutting and garment manufacturing units of poorvanchal, Madhyanchal and Bundelkhand would get revenue amounting Rs 1 crore, and others would get Rs 50 lakh.
He said that they would also forward development and other facilities like road sever, water flow, power line, transformer and power feeder etc. Ranjan said that the new industrial and expansion or diversification bodies would also create employment to 100 or more of skilled and unskilled labourer, and 50% amount of the E.P.F. deposited in favour of labourer, will be compensate by the government for next 3 years, after the establishment of unit.