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Big News: Karnataka and West Bengal announces State Budgets for 2023-2024; Tamil Nadu announces Electric Vehicles Policy 2023; Andhra Pradesh announces levelized tariff for wind producers operating between 11-20 years; the Ministry of New and Renewable Energy releases circular announcing blacklisting of firms that fail to meet the commissioning dates of projects awarded by the central government; and more.

Industrial Policy & Business Regulations

Manipur approves the implementation of the Vehicle Scrapping Policy in the state with the aim to set up of registered vehicle scrapping facilities and an automatic testing center in the state.

Source: Ukhrul Times

Madhya Pradesh government approves a new Excise Policy under which drinking areas attached to liquor shops and shop bars will be shut down.

Source: India Today; In detail: CM’s Twitter (Cabinet decisions)

Land Acquisition & Labor Regulations

Uttarakhand cabinet approves in land circle rates in the state, leading to an average increase of 33% throughout the state.

Source: Times of India; In detail: Government order

Infrastructure & Governance

Karnataka announces the Budget 2023-24, the last of the current government, ahead of the upcoming Assembly elections in the State.

Source: The Daily Guardian; In detail: Karnataka Budget 2023-24

West Bengal announces the Budget 2023-24 with an outlay of $41 billion. The government announced that the state GDP is projected to grow at 8.4% in the current fiscal.

Source: Hindustan Times; In detail: Budget 2023-24

Oil & Gas

Nothing critical to report this week.

Water & Sanitation

Nothing critical to report this week.

Power & Renewable Energy

Andhra Pradesh Electricity Regulatory Commission (APERC) announces a levelized tariff of ~$0.032/kWh for wind power projects operating between 11 to 20 years in the state. The Commission added that the distribution companies (DISCOMs) would have the first right of refusal of power purchase if the projects continue to operate after 20 years from the commercial operation date.

Source: Mercom; In detail: Tariff Order

Tamil Nadu launches the new Electric Vehicles Policy 2023, with an aim to increase the usage of electric vehicles and transform the state into a preferred destination for EV manufacturing.

Source: The Print; In detail: Tamil Nadu Electric Vehicles Policy 2023

Health

Maharashtra passes the Medical Procurement Authority Act, paving the way for the formation of an independent entity for the procurement of medicines in state-run hospitals, including all municipal corporations in the state.

Source: India Today

Center – State Relations

Goods and Services Tax (GST) Council approves the proposal for the creation of an appellate tribunal for recourse of conflicts arising due to the levy, after the recommendations of a ministerial group report.

Source: Financial Express; In detail: Press Release

Haryana received $1.2 billion from the central government for the developmental work of cooperative societies across the state.

Source: The Print; In detail: Press Release

Any Other

Ministry of New and Renewable Energy (MNRE) issues a circular announcing that renewable energy companies that fail to meet the commissioning date of projects awarded by central government agencies will be blacklisted from future government tenders.

Source: Business Standard

Union Cabinet approves the “Vibrant Villages Programme” (VVP) for FY 2022-2026. The scheme with an outlay of $580 million aims to provide funds for the development of essential infrastructure and creation of livelihood opportunities in 19 Districts and 46 Border blocks in 4 states and 1 UT along the northern land border of the country.

Source: Firstpost; In detail: Press Release