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HomeHimachal PradeshState govt seeks 5-year extension of industrial package from Centre

State govt seeks 5-year extension of industrial package from Centre

Shimla | TNR

The Himachal Pradesh government has sought an extension of the special industrial package from the Centre for a period of five more years. A resolution, put forward by BJP MLA from Chaupal, Balveer Singh (Bittu), in this regard, was passed in the House on Thursday. The House passed the motion in the absence of the Opposition.

Himachal to benefit till March 2022

Himachal is a beneficiary of the Centre’s Industrial development plan, ending in March 2022. Under this scheme, a central capital investment incentive at a rate of 30 per cent of the eligible investment in machinery and plant has been given to all industrial units in the state with an upper limit of Rs 5 crore for availing loans.

Extension request

Speaking on the extension request, rural development minister Virendra Kanwar said that 440 units had been registered by the Central government’s industrial policy and promotion department. There are 77 cases pending with the Central government while 71 claims have been approved by the state government. A subsidy amount of 112.64 crores has been approved.

Katwal demands development of a new industrial area in Jhanduta

Meanwhile, Jitram Katwal suggested the development of a new industrial area in his constituency, Jhanduta. He asked the government to conduct a survey to study the possibility. Hoshiar Singh, on the other hand, sought an extension of the industrial package for 15 years from the Centre.



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