1 / 12

INCENTIVES OFFERED BY STATES TO ATTRACT INVESTMENT BY SATISH KISHANCHANDANI

INCENTIVES OFFERED BY STATES TO ATTRACT INVESTMENT BY SATISH KISHANCHANDANI. INTRODUCTION. 28 States and 7 Union Territories Cultural and geographical diversity Distinct intrinsic strengths Policy measures for attracting investments Industry specific incentives to investors

cargan
Download Presentation

INCENTIVES OFFERED BY STATES TO ATTRACT INVESTMENT BY SATISH KISHANCHANDANI

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. INCENTIVES OFFERED BY STATES TO ATTRACT INVESTMENT BY SATISH KISHANCHANDANI

  2. INTRODUCTION • 28 States and 7 Union Territories • Cultural and geographical diversity • Distinct intrinsic strengths • Policy measures for attracting investments • Industry specific incentives to investors • Significant presence of notable global players in different States

  3. LAND • LAND ACQUISITION • Land Banks: Industrial Policy of Delhi, 2010-21, Land Bank Scheme of Industrial Development Corporation of Orissa • Dedicated industrial parks: Millennium Business Park, Navi Mumbai, IKP Knowledge Park • Dedicated government organizations: MIDC, DSIIDC, APIIC etc. • E-Maps to provide comprehensive land data: Geographic Information System- Orissa

  4. LAND (Contd…) • LAND REGISTRATION • E-registration • Standardization of Property Documents • Speedy registration • Secure and easy electronic payment

  5. UTILITIES • DOOR STEP FACILITY: Utilities for remote and/or standalone units- Andhra Pradesh • POWER • Out of turn preference for sanction of power connections to EOUs, IT Project, bio-tech projects and projects involving FDI- Himachal Pradesh • Reimbursement on fixed power costs for operational units- Andhra Pradesh

  6. UTILITIES (Contd…) • INFRASTRUCTURE • Dedicated Freight Corridor • Logistic Parks in Maharashtra and Gujarat • External infrastructure for Industrial Parks and SEZ • WATER • Reserved water resources for dedicated industrial use in Andhra Pradesh, Maharashtra, etc. • Water Augmentation Project to provide treated water for industrial units- Tamil Nadu

  7. TAX • SECTOR SPECIFIC TAX INCENTIVES:Exemption from entry tax/ octroi for IT-ITES units- Maharashtra • REGION SPECIFIC TAX INCENTIVES:Special Investment Region Act, 2009- Gujarat • TAX SUBSIDY • Industrial Promotion Subsidy- Maharashtra • Tax reimbursement for operational units- Andhra Pradesh • SIGNIFICANT STAMP DUTY EXEMPTION ON PURCHASE OF LAND FOR INDUSTRIAL USE • Andhra Pradesh IIP, 2010-15 & Karnataka Industrial Policy 2009-2014

  8. MEGA PROJECTS • INCENTIVES • Special dispensation of land • Financial assistance by Government • Tailor made benefits on a case by case basis • Substantial stamp duty reimbursements • Various tax reliefs • For example, mega projects policies of Gujarat, Jharkhand, Orissa, etc.

  9. SPECIAL INVESTMENT REGIONS ACT, 2009 OF GUJARAT • World class infrastructure • Connectivity • Specific policy framework • Cluster development • Dedicated administrative mechanism • Single window contact and clearance facility • Project specific SPVs • Similar legislation envisaged by other States

  10. THANK YOU

More Related