Analysis
States Update: February 10, 2021
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Big News: Central government eliminates subsidy on kerosene; Andhra Pradesh implements power sector reform; Jharkhand approves its first corporate social responsibility policy; Telangana provides incentives for electric vehicle purchase; Manipur announces budget for 2021-22; and more.
Industrial Policy & Business Regulations
Rajasthan releases its excise policy for the financial year (FY) 2021-22. The policy includes a ten percent reduction in the additional excise duty on beer. Source: Pink City Post; In detail: Excise Policy 2021-22
Jharkhand approves its corporate social responsibility policy. The policy aims to avoid duplication of work resulting from similar central and state-funded programmes. Source: Daily Pioneer; In detail: Chief Minister’s Tweet
Manipur announces its budget for the year 2021-22. The budget estimates the state’s total receipt and expenditure at $3.95 billion and $3.56 billion respectively. Source: Outlook; In detail: Budget 2021-22
Punjab approves its excise policy for FY 2021-22. The policy includes a 30 percent reduction in the annual fixed license fee for bars in hotels and restaurants. Source: Money Control; In detail: Excise Policy 2021-22
Land Acquisition & Labor Reforms
Uttar Pradesh introduces a system of issuing a unique 16-digit code to mark all types of lands within the state. Source: Hindustan Times
Infrastructure & Governance
Andhra Pradesh implements one of the three power sector reforms stipulated by the Ministry of Finance. This implementation makes the state eligible for additional borrowing limits. Source: Economic Times; In detail: Press Release
Delhi reduces the current circle rates related to residential, commercial, and industrial properties by 20 percent. The reduced rates are applicable till 30 September, 2021. Source: Mint; In detail: Chief Minister’s Tweet
Delhi launches the “Switch Delhi” campaign to promote electric vehicles. Source: Indian Express; In detail: CM Tweet
Karnataka’s legislative assembly passes the Karnataka Municipalities and Certain Other Law (Amendment) Bill, 2021, which extends the time limit for paying property taxes. The law also provides a five-percent rebate if the tax is paid within a month of the bill’s enactment. Source: The Hindu
Telangana exempts road tax and registration fee on the purchase of electric vehicles. Source: Hindustan Times; In detail: Government Order
Power & Renewable Energy
Nothing critical to report this week
Oil & Gas
Goa announces an increase in the value added tax on petrol and diesel. As a result, petrol and diesel prices will rise by $0.017 and $0.008 respectively . Source: Mint; In detail: Government Notice
Water & Sanitation
Nothing critical to report this week
Health
Nothing critical to report this week
Business Negative Reforms
Nothing critical to report this week
Any Other News
Nothing critical to report this week
Center – State Relations
Assam, Haryana, Himachal Pradesh, and Punjab have undertaken ease of doing business reforms stipulated by the Ministry of Finance. This implementation makes the states eligible for additional borrowing limits. Source: India TV News; In detail: Press Release
The central government eliminates subsidy on kerosene. India’s central government budget for 2021-22 does not include the payment of kerosene subsidies from April 2021. Source: Economic Times; In detail: Press Release