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Big News: Bihar approves a new Bihar Textile and Leather Policy, 2022; Gujarat launches its Telecom Infrastructure Policy, 2022; West Bengal gives tax exemption to promote EVs; Rajasthan & Tripura adopt Electric Vehicle Policies; and more.

Industrial Policy & Business Regulations

Bihar approves new Bihar Textile and Leather Policy-2022. The policy aims to encourage development and investment at the sectoral level. Applications to benefit from the policy have to be made online by June 30, 2023. Source: Republic World; In detail: Bihar Industries Minister’s Twitter; Cabinet Decisions

Land Acquisition & Labor Regulations

Nothing critical to report this week

Infrastructure & Governance

Gujarat announces Telecom Infrastructure Policy, 2022. The policy aims to streamline the permission process from government departments to set up underground and overground telegraph installations through a single window clearance. Source: Times of India; In detail: Policy

Madhya Pradesh accords administrative approval for the development of an economic corridor in Indore, an investment region in Ratlam, and construction of a multimodal logistic park in Pithampur. Source: Swarajya

Uttar Pradesh presents annual budget 2022-23 of more than $79.2 billion. The budget for the current financial year is 10 per cent higher than the last full budget (2021-22). Source: Business Standard; In detail: Budget Speech (Hindi)

Climate Change

West Bengal exempts registration fees, motor vehicles taxes and additional taxes for two and four wheeled electric vehicles of all categories of CNG-operated vehicles from April 1, 2022 to March 31, 2024. Source: The Telegraph; In detail: Notification

Oil & Gas

Nothing critical to report this week

Water & Sanitation

Nothing critical to report this week

Power & Renewable Energy

Delhi introduces a new scheme under which financial incentives will be provided to those buying electric cycles. The demand incentive shall be applicable for the first 10,000 e-cycles, both passenger and cargo. Source: Economic Times; In detail: Operational Guidelines

Madhya Pradesh announces a subsidy of $2.1 billion on power tariff to the farm sector for the fiscal year 2022-23. This will be in addition to the $720 million subsidy approved under the Griha Jyoti Yojana scheme for domestic consumers. Source: Economic Times; In detail: Cabinet Decisions

Rajasthan approves the Rajasthan Electric Vehicle Policy (REVP) to encourage EVs in the state. The government approves an additional budget provision of $5 million for the State Goods and Services Tax (SGST) reimbursement on the purchase of such vehicles. Source: Economic Times; In detail: Policy (In Hindi); CMO Twitter (In Hindi)

The Uttar Pradesh Electricity Regulatory Commission (UPERC) adopts the tariff to procure non-solar renewable power from July 2022 to September 2022. Source: Mercom; In detail: Notification

Tripura announces its Electric Vehicle Policy, 2022 to curb vehicular pollution, save fuel, and promote electric vehicles. Source: Economic Times

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

Central government approves revised guidelines for Micro & Small Enterprises Cluster Development Programme (MSE-CDP) for the period 2021-22 to 2025-26. The revised guidelines focuses on interventions under Common Facility Centers (CFCs) and Infrastructure Development (ID). Source: KNN; In detail: Press release; Notification

Ministry of Power modifies norms for pass through of higher cost of imported coal used by domestic thermal plants having power supply agreements with discoms under tariff based bidding. Source: Economic Times; In detail: Notification

Ministry of Power notifies a scheme to liquidate the past dues of power distribution companies (discoms) to prevent delay of payments by discoms to a generating company, adversely affecting their cash flow. Source: Money Control; In detail: Press Release