Analysis
States Update: March 03, 2021
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Big News: Tamil Nadu and Rajasthan announce state budgets; Delhi mandates its departments to switch to electric vehicles; Meghalaya releases an electric vehicle policy; Jharkhand looks to introduce a green energy cess; Puducherry and four states get ready for assembly elections; and more.
Industrial Policy & Business Regulations
Haryana approves a proposal for amending the Haryana Enterprises Promotion Rules, 2016. Per the proposal, all clearances for setting up a micro, small, and medium enterprise within the state will be given within 15 days. Source: Times of India; In detail: Press Release
Tamil Nadu announces its interim budget for the financial year (FY) 2021-22. The budget estimates the state’s total receipt and expenditure at $20.61 billion and $35.5 billion respectively. Source: Indian Express; In detail: Budget Speech
Rajasthan announces its budget for FY 2021-22. The budget allocates an outlay of $473.4 billion for a health cover plan of $6,829 to every family within the state. Source: Indian Express; In detail: Budget 2021-22
Jammu and Kashmir notify Jammu and Kashmir Stone Crushers/Hot and Wet Mixing Plants Regulation Rules, 2021. The policy removes license requirements for setting up stone crushers and hot and wet mixing plants in the state. Source: Indian Express; In detail: Notification
Land Acquisition & Labor Reforms
Nothing critical to report this week
Infrastructure & Governance
Delhi government orders all its departments to replace their existing fleet of conventional fuel vehicles with electric vehicles. Source: Hindustan Times; In detail: Deputy CM Tweet
Meghalaya releases its Meghalaya Electric Vehicle Policy, 2021. The policy aims to add 20,000 electric vehicles in the state by 2025. Source: Saur Energy; In detail: Meghalaya Electric Vehicle Policy 2021
Power & Renewable Energy
Jharkhand cabinet approves the Jharkhand Green Energy Cess Bill, 2021. The bill aims to levy a cess of $0.002 on every unit of power produced from conventional fuel sources. The cess does not apply to government-owned companies. Source: Times of India; In detail: Cabinet Decisions (In Hindi)
Oil & Gas
Nagaland decreases the value added tax on diesel and petrol. The new value added tax on diesel and petrol is 16.5 percent and 25 percent respectively. Source: India Today; In detail: Notification
Puducherry announces a decrease in value added tax on petrol and diesel by $0.019 per liter. Source: Money Control
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
The Election Commission announces the schedule for upcoming assembly elections in Assam, Kerala, West Bengal, Tamil Nadu, and Puducherry. Source: Indian Express; In detail: Election Commission Press Release
Center – State Relations
The union cabinet approves the production linked incentives scheme for information technology (IT) hardware and pharmaceutical sectors for a period of four years, from FY 2020-21 to FY 2028-29. Source: Business World; In detail: Press Release (Pharmaceuticals); Press Release (IT Hardware)
The Central Electricity Regulatory Commission approves the revised guidelines for the grant of interstate transmission system connectivity to renewable energy projects. Source: Mercom; In detail: Order