SME Times is powered by   
Search News
Just in:   • Three years of Modi government  • Ex-South Korean President Park's trial begins  • Key equity market indices open in red  • Trump aims for big cuts in healthcare, anti-poverty programs  • May condemns 'appalling terrorist attack' in Manchester 
Last updated: 27 Sep, 2014  

Himachal Map THMB Himachal MP seeks central industrial package for state

Himachal Map
   Top Stories
» Modern ports must for growth of India's world trade: Modi
» Govt to unveil sops for knitwear sector soon: Textiles Minister
» India-Africa ties provides limitless opportunities: Jaitley
» GST will go a long way in helping SMEs, says GST Council official
» GST to be best achievement of Modi govt: ASSOCHAM
SME Times News Bureau | 20 Jul, 2013
Himachal Pradesh MP Pratibha Singh Friday called on union minister Anand Sharma here and requested him to sanction a central industrial package for the state till 2020.

She requested him to provide incentives for capital investment subsidy on plant and machinery, 100 percent outright excise duty exemption for 10 years from the date of commencement of production for industrial units and 100 percent income tax exemption for five years.

An official statement said the MP also requested Sharma, who also hails from Himachal, to release Rs.70 crore to the state under central transport subsidy scheme and Rs.55 crore under central capital investment subsidy for the first two quarters of 2013-2014.

Officials of the industries department said the state had approved industrial proposals worth Rs.48,000 crore in the past 10 years but got investments worth only Rs.13,000 crore.

The state got maximum investment from 2003 to 2010 when there was a special industrial package from the central government.

Most investments were in pharmaceutical, food processing, textile, packaging and light engineering sectors.

 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
65.30
63.60
UK Pound
85.05
82.20
Euro
73.10
70.60
Japanese Yen 59.05 57.05
As on 23 May, 2017
  Daily Poll
Should Govt tax farm income above certain level?
 Yes
 No
 Can't say
  Commented Stories
» Starting an import export business: Basic guide for beginners(46)
» Jobless growth(11)
» Govt. approves subsidy for 2,221 cold storages(3)
» Cooprative mills seek dual pricing for sugar(1)
» Collateral free loans available for MSMEs: Minister(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter