By
Posted on

Big News: Jammu and Kashmir gets a new industrial development scheme; Telangana implements urban local bodies reforms; Maharashtra approves solar electrification of agriculture pumps; West Bengal mandates gross metering for roof top solar; and more.

Industrial Policy & Business Regulations

Maharashtra extends the tenure of its electronic policy by two years. The policy, which was set to expire on April 10, 2021, has been extended till March 31, 2023. Source: The Hindu Business Line; In detail: Cabinet decisions (in Marathi)

The union cabinet approves a new industrial development scheme for Jammu and Kashmir. The scheme offers a range of incentives for both small and large industrial units in the union territory. Source: Mint; In detail: Press Release

Land Acquisition & Labor Reforms

Nothing critical to report this week

Infrastructure & Governance

Maharashtra reduces government levies on real estate projects by 50 percent till December 31, 2021. Source: Money control; In detail: Cabinet decisions (in Marathi)

Telangana implements urban local bodies reforms, stipulated by the Ministry of Finance, thus becoming eligible for additional borrowing limits. Source: Hindustan Times; In detail: Press Release

Power & Renewable Energy

Maharashtra approves solar electrification of agricultural power connections. Source: Free Press Journal; In detail: Cabinet decisions (in Marathi)

Telangana sets a levelized tariff of $0.043 per kilowatt hour for solar projects under Component-A of the central government’s PM KUSUM program. Source: Mercom; In detail: Tariff Order

West Bengal amends its Cogeneration and Electricity Generation from Renewable Sources Regulations, 2013. Amendment includes the mandate for a gross metering facility for rooftop solar systems above five kilowatt in capacity. Source: Mercom; In detail: Tariff Order

Oil & Gas

Nothing critical to report this week

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

Nothing critical to report this week

Centre – State relations

Ministry of Finance extends Benefit of Remission of Duties and Taxes on Exported Products scheme to all export goods from January 1, 2021. Under the scheme, the embedded central, state, and local duties or taxes will get refunded and credited in an exporter’s ledger account with customs. Source: Economic Times;