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Big News: Rajasthan hosts the Rajasthan Investor Summit 2024, introducing various policies such as the Rajasthan Investment Promotion Scheme 2024, and the Rajasthan MSME Policy 2024; Maharashtra forms a new government with Devendra Fadnavis as the chief minister, and with Ajit Pawar, and Eknath Shinde as the deputy chief ministers;; Uttar Pradesh issues an order directing government employees to not strike for the next 6 months; Chhattisgarh State Electricity Regulatory Commission (CSERC) introduces the Terms and Conditions for Determination of Tariff for Renewable Energy Sources Regulations, 2024; and more

Health

Assam announces the Assam State Secondary Healthcare Initiative for Service Delivery Transformation (ASSIST) with an outlay of $298.68 million. The initiative aims to upgrade existing healthcare facilities and build new infrastructure, significantly improving secondary care services across the state, with an emphasis on healthcare delivery in rural areas. Source: The Statesman

Climate Change & Energy

Karnataka Electricity Regulatory Commission (KERC) announces that consumers who wish to install the solar roof top photo voltaic cells above the sanctioned load will be automatically enhanced up to and including 10 kilowatts (Kw) capacity and will not need additional approvals from the electricity supply companies. The announcement is aimed to encourage more consumers to participate in the PM Surya Ghar scheme by installing rooftop solar systems. Source: The Hindu

Chhattisgarh State Electricity Regulatory Commission (CSERC) introduces the Terms and Conditions for Determination of Tariff for Renewable Energy Sources Regulations, 2024 for determining tariffs on renewable energy sales to distribution licensees, effective from 1 April 2025. These regulations will apply to renewable projects achieving commercial operation between 1 April 2025 and 31 March 2030. Source: Construction World; In detail: CSERC (Terms and Conditions for Determination of Tariff for Renewable Energy Sources) Regulations, 2024

Kerala announces a $0.0018 per unit increase in electricity tariffs for the 2024-25 financial year, effective from December 5. An additional hike of $0.00142 per unit is set to follow in the 2025-26 financial year. Source: Economic Times; In detail: KERC tariff order

Rajasthan introduces the Rajasthan Integrated Clean Energy Policy 2024 to boost economic growth and development in the state. The policy aims to expand the renewable energy’s installation to 125 GW by 2030, support India’s goal of installing 500 GW by 2030, expand India’s energy storage systems capacity, and support distribution companies in clean energy integration. Source: Elets eGov; In detail: Rajasthan Integrated Clean Energy Policy 2024

Finance

Nothing critical to report this week.

Industrial Policy & Business Regulations 

Rajasthan introduces the Rajasthan Mineral Policy 2024 with the focus on aligning the state’s practices with national policies, and to promote employment, technological upgradation, and sustainable mining in the state. Source: Daijiworld; In detail: Rajasthan Mineral Policy 2024

Rajasthan introduces the Rajasthan Investment Promotion Scheme 2024 offering renewed incentives for industries such as tourism, information technology, and women-led startups while simultaneously including sunrise sectors such as aerospace, defense, semiconductors, and waste recycling. Source: Times of India; In detail: Rajasthan Investment Promotion Scheme 2024

Rajasthan introduces the Rajasthan MSME Policy 2024, with the aim to establish 20,000 new micro, small and medium enterprises in the state, employing 100,000 people, and attracting investments of $1.8 billion in the state. Source: Business Standard; In detail: Rajasthan MSME Policy 2024

Andhra Pradesh approves the Andhra Pradesh Information Technology and Global Capability Centre Policy 4.0. The policy aims to foster innovation, gig economy, and sustainable economic growth. Source: Hindustan Times

Meghalaya launches the State Land Bank initiative to bolster tourism infrastructure and address the growing accommodation needs across the state’s popular destinations. The project aims to foster inclusive and sustainable tourism while generating significant employment opportunities. Source: India TodayNE

Assam approves the Production Linked Incentive of $0.023/litre of ethanol for a period of 3 years to three grain-based ethanol manufacturing units. The move is aimed to enhance farmers’ incomes. Source: Economic Times

Land Acquisition &Labor Regulations 

Nothing critical to report this week.

Infrastructure & Governance

Maharashtra forms a new government with Devendra Fadnavis as the new chief minister. Ajit Pawar and Eknath Shinde have been appointed as deputy chief ministers. Source: Mint; In detail: Press release

Gujarat launches the “Mukhyamantri Paushtik Alpahar Yojana” aiming to serve government school students breakfast every day and ensure that students get adequate nutrition along with education. The scheme is expected to benefit 4.1 million students from 32,277 government primary schools. Source: The CSR Journal

Uttar Pradesh issues an order asking its employees and employees associated with government services not to go on strike for the next six months. The order was issued exercising powers under sub-section of section 3 of the Uttar Pradesh Essential Services Maintenance Act, 1966. Source: News 18

Water & Sanitation

Union Government of India, Meghalaya and the Asian Development Bank (ADB) sign a $50 million loan agreement to strengthen water security in Meghalaya by constructing climate-adaptive water harvesting systems. The initiative aims to improve access to water, reduce community vulnerability to climate change, and promote sustainable development in the state. Source: Economic Times; In detail: Press release

Center – State Relations

Union Ministry of Home Affairs approves the release of $111.57 million to Tamil Nadu as two instalments of central share from the State Disaster Response Fund (SDRF) to help it provide relief to people affected by cyclone Fengal. Source: NDTV; In detail: Press release

Any Other

Nothing critical to report this week.