SME Times is powered by   
Search News
Just in:   • India, Canada sign two MoUs to help skilling in apparel sector  • Exports must for economic growth  • Sensex closes 210 points down; healthcare stocks hit   • Asian-African Business Summit begins in Indonesia  • Carzonrent buys out car-pooling firm Ridingo 
Last updated: 27 Sep, 2014  

Himachal Map THMB Himachal MP seeks central industrial package for state

Himachal Map
   Top Stories
» Rich nations' monetary policies threaten stability: FM
» Rahul attacks Modi, says suit-boot govt has forgotten farmers
» Land ordinance pro-farmer, pro-poor: BJP
» Gold sales to rise 25 pc on Akshaya Tritiya
» Look forward to a productive parliament session: PM
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
63.00
62.00
UK Pound
94.20
92.10
Euro
68.20
66.50
Japanese Yen 52.55 51.35
As on 22 Apr, 2015
  Daily Poll
Do you agree that Jaitley's Union Budget 2015-16 has neglected the SME sector?
 Yes
 No
 Partially Agreed
  Commented Stories
» MSME schemes - Do you know all of them?(4)
» MUDRA Bank: 5.77 cr SMEs to be provided easy finance(4)
» Starting an import export business: Basic guide for beginners(3)
» Late payment: RBI move not enough for SMEs(3)
» Govt. approves subsidy for 2,221 cold storages(2)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter