Raipur, July 13 (KNN) Chief Minister Bhupesh Baghel on Wednesday approved a special investment incentive package for closed and sick industries in the state.

“In order to promote industrial activities in Chhattisgarh, Cabinet has approved the proposal for amendments related to exemption from electricity duty, stamp duty, 'mandi' fee, special investment incentive package for closed and sick industries in the state, transport grant, and the inclusion of vehicle scraping policy in the Industrial Policy 2019-24,” read a press release.

The state government plans to offer different types of exemptions, grants, and concessions for different industrial sectors of the state.
“In order to encourage the establishment of large, mega, and ultra-mega industries in the state, cabinet has decided to include "Special Investment Promotion Package Implementation Rules-2019" under the Industrial Policy 2019-24," the statement said.

Cabinet in the meeting, also approved the draft of the Chhattisgarh Appropriation Bill-2023 regarding the presentation of the first supplementary estimate for the years 2023-24.

It also decided to allot open land for 'Bari' to the project-affected people of village Rakhi as per their eligibility under the rehabilitation scheme of Nava Raipur Atal Nagar Development Authority and as per the amended clause 5.5.  (KNN Bureau)