Chandigarh: Haryana deputy chief minister Dushyant Chautala The state government on Monday said the state government has devised a scheme for ‘investment subsidy in lieu of net SGST’ to attract more investors.
Chautala, who has . also has a portfolio Department of Industry and Commerce, said that ‘Haryana Enterprise and Employment Policy, 2020′ has been prepared by the state government with an aim to make the state a major investment-destination and facilitate balance between regional and sustainable development through energy efficient governance system.
He said that the government felt that in order to attract investors in backward areas, the state needed to provide assistance in setting up of infrastructure and better ‘Ease of Doing’ system as well as ‘Investment subsidy in lieu of Net SGST’. Is.
There is also a need to provide major financial incentives in this form, which will reduce the cost of their business and make the industry more competitive and sustainable, he added.
Chautala said that ‘customized package will be offered by’Haryana Enterprise Promotion Board‘ for ultra mega projects across the state.
The quantum and duration of ‘Investment subsidy in lieu of net SGST’ will be decided by this Board.
Such a cluster, consisting of at least 10 enterprises engaged in similar economic activities, being set up or relocating to Haryana from other countries/states, shall be treated as a mega project, provided it is a ‘Fixed Capital Investment’ (FCI) meet the criteria. .
Chautala said that on the basis of ‘cost-benefit analysis’, a special package will be decided by the ‘Haryana Enterprises Promotion Board’ as an incentive for this mega project.
Chautala, who has . also has a portfolio Department of Industry and Commerce, said that ‘Haryana Enterprise and Employment Policy, 2020′ has been prepared by the state government with an aim to make the state a major investment-destination and facilitate balance between regional and sustainable development through energy efficient governance system.
He said that the government felt that in order to attract investors in backward areas, the state needed to provide assistance in setting up of infrastructure and better ‘Ease of Doing’ system as well as ‘Investment subsidy in lieu of Net SGST’. Is.
There is also a need to provide major financial incentives in this form, which will reduce the cost of their business and make the industry more competitive and sustainable, he added.
Chautala said that ‘customized package will be offered by’Haryana Enterprise Promotion Board‘ for ultra mega projects across the state.
The quantum and duration of ‘Investment subsidy in lieu of net SGST’ will be decided by this Board.
Such a cluster, consisting of at least 10 enterprises engaged in similar economic activities, being set up or relocating to Haryana from other countries/states, shall be treated as a mega project, provided it is a ‘Fixed Capital Investment’ (FCI) meet the criteria. .
Chautala said that on the basis of ‘cost-benefit analysis’, a special package will be decided by the ‘Haryana Enterprises Promotion Board’ as an incentive for this mega project.
.