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Big News: Niti Aayog releases a draft battery swapping policy; Karnataka cabinet approves its data center policy; Tripura launches a new industry scheme; and more.

Industrial Policy & Business Regulations

Karnataka cabinet approves its data center policy. The policy offers multiple incentives for data centers in the state, including capital subsidy, stamp duty exemption, and electricity tariff concession. Source: The Hindu; In detail: Minister’s Tweet

Tripura launches its industrial scheme, which aims to encourage industrial development in the state. The scheme offers a range of incentives, including a subsidy of up to $130,000 to micro, small, and medium enterprises and a 50 percent subsidy on transporting secondary raw material. Source: Business Standard; In detail: Chief Minister’s Tweet

Land & Labor Laws

Karnataka allows self-survey of private lands using the Swavalambi app without waiting for a licensed surveyor. Source: Deccan Herald

Infrastructure & Governance

Karnataka announces a ten percent concession on the guideline price of all properties in the states. The concession will apply to all transactions from 25th April to 24th July 2022. Source: Money Control; In detail: Minister’s Tweet (In Kannada)

Climate Change

Nothing critical to report this week

Oil & Gas

Nothing critical to report this week

Water & Sanitation

Nothing critical to report this week

Power & Renewable Energy

Nothing critical to report this week

Health

Nothing critical to report this week

Business Negative Reforms

Nothing critical to report this week

Any Other

Nothing critical to report this week

Center – State Relations

Niti Aayog releases a draft battery swapping policy. The policy proposes incentives for electric vehicles with swappable batteries and manufacturers of swappable batteries. The draft also proposes a battery-as-a-service business model. Source: Economic Times; In detail: Battery Swapping Policy