Big News: Bihar launches the Bihar Start-Up Policy; Uttar Pradesh slashed Stamp Duty on property registration; Goa unveils new Goa Industrial Growth and Investment Promotion Policy; Jharkhand slashes VAT on aviation turbine fuel; and more.

Industrial Policy & Business Regulations

Bihar cabinet approves the “Bihar Startup Policy 2022” to provide an institutional framework for the strengthening and promotion of startup activities in the state. Source: Times of India; In detail: Cabinet Decisions (Hindi)

The Goa government unveiled the draft Goa Industrial Growth and Investment Promotion Policy, 2022 which aims to strengthen the single window system and improve ease of doing business. Source: The Print; In detail: Minister’s Tweet; Industrial Policy Brief (Video)

Land Acquisition & Labor Regulations

The Uttar Pradesh government slashes stamp registration duty in instances where property is being transferred to family members. A 7% stamp duty is being levied on such transactions currently which will get reduced to a flat rate of $80. Source: Economic Times; In detail: Minister’s Twitter

Infrastructure & Governance

The Andhra Pradesh Industrial Infrastructure Corporation (APIIC) relaxes land development norms to set up industries in a bid to attract more investment. Source: Times of India;

Jammu and Kashmir tops the National e-Governance Service Delivery Assessment (NeSDA) – 2021 among Union Territories. Nagaland, Kerala and Odisha were the other states taking the top spot under other three categories. Source: Economic Times; In detail: Press Release; NeSDA 2021

Climate Change

Nothing Critical to report this week

Oil & Gas

Jharkhand slashes VAT (value added tax) on Aviation Turbine Fuel (ATF) to 4 per cent from 20 per cent to increase air connectivity in the state and bring down airfares to boost tourism. Source: Economic Times; In detail: Press Release

Water & Sanitation

Nothing critical to report this week

Power & Renewable Energy

Gujarat Electricity Regulatory Commission (GERC) amends the Gujarat Electricity Regulatory Commission (Net Metering Rooftop Solar PV Grid Interactive Systems) Regulations, 2016. The new regulation allows net metering for rooftop solar systems having a capacity of 1 kW and up to 1 MW. Source: Mercom; In detail: Regulation


Nothing critical to report this week

Business Negative Reforms

Nothing critical to report this week

Any Other

Uttarakhand presents its budget for 2022-23 in the state assembly. The estimated receipts and expenditure of the state stood at $8.5 Billion and $8.7 Billion respectively. Source: NDTV; In detail: Budget 2022-23

Center – State Relations

The Ministry of Coal launches the Project Information and Management (PIM) module of the Single Window Clearance System, as a clearance platform for operationalising coal mines. Source: Business Standard; In detail: Press Release; Single Window System

The Ministry of Railways launches “StartUps for Railways” policy to leverage innovative technologies developed by Indian Startups/MSMEs/Innovators/Entrepreneurs to improve operational efficiency and Safety of Indian Railways. Source; Hindustan Times; In detail: Press Release; Policy