State Government announced new policies for the mining, and textile

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In attempt to speed up development State Government announced new policies for the mining, and textile and also offered sops to the Bollywood directors and producers by offering subsidy up to Rs 3 crore if they shoot their films in the state  The state cabinet that met here on Tuesday approved these policies.
The state government has decided to increase the cash grant to Rs 2 crore to any production unit shooting at least 50 per cent of its film on locations in UP, said Navneet Sehgal, Principal Secretary, Information and Public Relations.The producers would receive Rs 25,000 each for next four films to be shot in the state which can go up to total of Rs 3 crore.
Previously, the state government used to give producers Rs 1 crore if they shot at least 75 per cent portion of their films in UP.Interestingly, the government will give an additional Rs 25 lakh to producers if the film cast includes five actors from UP. The grant would double if the entire cast happens to be from the state.
This is not all UP government has decided to give another Rs 50 lakh to a film whose subject is based on tourist places and famous religious destination. Besides, another Rs 50 lakh would be given if the processing of the film is done in the state.“The state government will also give a cash incentive of Rs 50 lakhs for setting up Film institute in the state except in Noida or Greater Noida,” Sehgal said.
In the Mining Policy the government has abolished the e-tendering system and now first-come, first- get policy would be started for the manual tender system. “Attempts were made to make tender policy transparent but it did not work. So since May 31, 2012 mining lease was banned. This new system will remove the existing anomalies,” he said.
In the new Textile policy, the government has increased the sops for setting up textile units in the state. A textile unit would get interest subsidy of 7 per cent for 7 years up to Rs one crore. Similarly, an investment of Rs 125 crore in this sector would be classified as mega textile unit.The state cabinet also directed all the government departments to purchase their uniforms and other textile items from UPICA or state Khadi Gram Udyog for their revival.Winter Session: The winter session of the state assembly will begin in second week of November, Ranjan said.
Daily Pioneer
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