Analysis
States Update: August 25, 2020
Posted on
Big News: Delhi announces amnesty scheme for industries; Uttar Pradesh eases norms for establishing small industries; Gujarat relaxes tenancy laws for educational institutes; Karnataka announces slew of incentives for the electronics sector; Madhya Pradesh reserves state government jobs for locals; and more.
Industrial Policy & Business Regulations
Andhra Pradesh government launches digital payment services through an unified payments interface for enabling fast and secure transactions. The service is expected to be available in 15,004 village and ward secretariats.
Source: Business World
In detail: CMO Tweet
Delhi government announces an amnesty scheme for factory owners. Under the scheme, the interest rate on payment dues for rent lease has been brought down from 18 percent to 10 percent.
Source: Times of India
In detail: Order
Gujarat government waives stamp-duty for small and start-up industries till October 31, 2020. The decision is expected to benefit 25,000 businesses.
Source: Times of India
In detail: Press Release
Uttar Pradesh government unveils a new electronics manufacturing policy. Under the policy, investors will be eligible for a capital subsidy of 15 percent and an additional capital subsidy of 10 percent on investments worth more than $134 million.
Source: Financial Express
In detail: CMO Tweet
Uttar Pradesh cabinet allows micro, small, and medium enterprises (MSME) to start operations upon receiving their application acknowledgement which will be provided within 72 hours. MSMEs will get a marketing assistance of up to $6,735 under the new start-up policy.
Source: Times of India
In detail: CMO Tweet
Land Acquisition & Labor Regulations
Gujarat government allows purchase of agricultural land for setting up educational institutions without requiring any permission from the district’s collector.
Source: Times of India
In detail: Press Release (Download)
Karnataka government announces several incentives for theelectronic design and manufacturing sector. The incentives include a capital investment subsidy of 25 percent on industrial plots, and full reimbursement of stamp duty, registration fee, and land conversion fee.
Source: Swarajmag
In detail: Twitter message
Chhattisgarh cabinet approves an amendment to the Chhattisgarh Industrial Land and Management Rule, 2015. Per the amendments, lease-hold land will be converted into free-hold land and industries can avail land on lease in industrial areas.
Source: The Hitavada
In detail: Unedited Assembly Proceedings (In Hindi)
Infrastructure
Nothing critical to report this week
Power & RE
Nothing critical to report this week
Oil & Gas
Nothing critical to report this week
Water & Sanitation
Nothing critical to report this week
Health
Nothing critical to report this week
Centre – State relations
The central government allows electricity distribution companies to raise working capital loans under a special liquidity window in order to clear outstanding dues owed to generation companies.
Source: Financial Express
In detail: Press Release
The Ministry of New and Renewable Energy issues a draft notification detailing the specifications of lithium batteries that can be used for off-grid solar applications. The ministry has requested comments and suggestions from stakeholders by August 28, 2020.
Source: Mercom
In detail: Notification
Business Negative Reforms
Madhya Pradesh government reserves all state government jobs for the state’s domicile population.
Source: New Indian Express
In detail: Twitter message