SME Times is powered by   
Search News
Just in:   • Finance ministry lauds RBI rate cuts  • Sensex crosses 30,000-mark; closes 213 points down  • Obama, Netanyahu take pot shots over deal with Iran  • 'SBI will cut interest rate based on evolving circumstances'  • China's defence budget growth to be slower this year 
Last updated: 27 Sep, 2014  

Himachal Map THMB Himachal MP seeks central industrial package for state

Himachal Map
   Top Stories
» Finance ministry lauds RBI rate cuts
» Finance ministry lauds rate cuts, nudges rating agencies
» RBI cuts keys rates, Sensex hits historic high
» Lok Sabha passes changes to Mines and Minerals Act
» Much awaited telecom spectrum auction begins
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
62.30
61.30
UK Pound
95.35
93.20
Euro
73.70
71.90
Japanese Yen 53.15 51.95
As on 05 Mar, 2015
  Daily Poll
Do you agree that Jaitley's Union Budget 2015-16 has neglected the SME sector?
 Yes
 No
 Partially Agreed
  Commented Stories
» Starting an import export business: Basic guide for beginners(8)
» Budget 2015: Will MSMEs get a booster?(8)
» MSME schemes - Do you know all of them?(4)
» Union Budget: MSMEs deserve more attention(3)
» Late payment: RBI move not enough for SMEs(3)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter