By
Posted on

Big News: West Bengal announces its budget for the financial year 2021-22; Uttar Pradesh drafts a bill for population control. Jharkhand cabinet approves its new industrial policy; Telangana notifies its smart grid regulations; and more.

Industrial Policy & Business Regulations

West Bengal announces its budget for the financial year 2021-22. The budget estimates the state’s total receipt and expenditure at $139 billion and $139 billion, respectively. Source: Indian Express; In detail: Budget Speech

Jharkhand cabinet approves its new industrial policy. The policy offers multiple incentives to investors including capital subsidy, stamp duty subsidy, and waiver on the state goods and service tax. Source: The Telegraph; In detail: Jharkhand Industrial and Investment Policy - 2021

Land Acquisition & Labor Regulations

Nothing critical to report this week

Infrastructure & Governance

Haryana notifies a new policy for determining the market rate of state-owned immovable properties. Source: Times of India; In detail: Order

Uttar Pradesh releases a draft of its Population (Control, Stabilization and Welfare) Bill, 2021. The bill proposes to denying government benefits to anyone who has more than two children. Source: India Today; In detail: The Uttar Pradesh Population (Control, Stabilization And Welfare) Bill, 2021

Oil & Gas

Nothing critical to report this week

Water & Sanitation

Nothing critical to report this week

Power & Renewable Energy

Gujarat proposes amendments to its net metering regulations. Per the amendments, net metering will be permitted for loads up to 10 kilowatts (kW). Net metering allows households to sell excess solar energy to electricity distribution companies. Source: Mercom In detail: Draft Regulations

Telangana notifies its smart grid regulations. The regulations aim to integrate various smart grid technologies to improve efficiency in the generation, transmission, and distribution of electricity grids. Source: Mercom; In detail: Smart Grid regulation

Punjab issues its draft regulations for grid-connected rooftop solar and net metering. The draft proposes 1 kW as the minimum capacity for rooftop systems installed under such net metering arrangements. Source: Mercom; In detail: Draft regulations

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

The Ministry of Power offers flexibility to electricity distribution companies to continue or terminate drawing power from projects that are older than 25 years. Source: Economic Times; In detail: Notification

The union cabinet allows agricultural produce market committee mandis to avail finance from the agriculture infrastructure fund (AIF). An AIF is a medium to long-term debt financing facility for investments in agriculture infrastructure and community farming assets. Source: India Infoline; In detail: Press release