Impact evaluation of the industrial packages under way: Govt
New Delhi, Aug 27: The Centre is evaluating the impact of the Special Package provided to Jammu and Kashmir, Himachal Pradesh and Uttarakhand on development of industries in these states.
"The Special Package for Jammu and Kashmir has expired on June 14, 2012 and for Himachal Pradesh and Uttrakhand is due to expire on January 6, 2013," Minister of State for Commerce and Industry Jyotiraditya Scindia said in a written reply in the Lok Sabha.
The impact evaluation of the packages is under way, he added. Under the Special Package provided to these states, the Central government has been providing 15-30 percent capital investment subsidy on plant and machinery.
Besides, industries could avail working capital loans for 10 years from the date of commencement of commercial production and reimbursement of 100 per cent insurance premium.
Also, Scindia said, the government has introduced Transport Subsidy Scheme in these states to help units offset the high transportation cost because of poor infrastructure and geographical inaccessibility.
The scheme is also available to the industries in eight north-eastern states including Sikkim, he added.
Lastupdate on : Mon, 27 Aug 2012 21:30:00 Makkah time
Lastupdate on : Mon, 27 Aug 2012 18:30:00 GMT
Lastupdate on : Tue, 28 Aug 2012 00:00:00 IST
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