Madhya Pradesh Chief Minister Mohan Yadav said on Friday that the new investment policy of the state is best in the country and the government will provide all possible help to industrialists to set up units. He said that Madhya Pradesh is a state with immense possibilities and its central place in the country makes it even more special. The Chief Minister said this while addressing an event organized to give a total financial incentive amount of Rs 450 crore to more than 1100 micro, small and medium enterprises (MSME) units. He said, “The new investment policy made by our government for the industrial development of Madhya Pradesh is the best in the country. You can set up as many industries as you want, the government is always with you at every step. The global investor conference to be held in Bhopal on 24-25 this month is going to be a very historical opportunity. ”
Madhya Pradesh in MSME in seventh place in the country
Yadav said, “Madhya Pradesh is ranked seventh in the country in MSME sector. It is the most emerging region in the state. Therefore, we have decided that the establishment of new industries related to all types of products will be encouraged. Purifying help will also be given to old industries here. If needed, arrangements for power supply will also be made through renewable energy. ”He said that the government wants to take the state budget to four lakh crore rupees in the upcoming financial year. The Chief Minister said, “His government has always fulfilled its promises. We are committed to providing all possible help and encouragement to industries. In the new investment policy, our government is going to provide 10 percent additional exemption to women entrepreneurs. ”
Interest will be rebate on industry loan
He said that the government will give industrialists exemption to a certain extent to build a multi -storey industrial complex. The government will also give a discount to a reasonable extent in interest on industry loans. On this occasion, Sports and Youth Welfare and Cooperation Minister Vishwas Sarang of the state said that Madhya Pradesh is moving towards overall development by organizing regional industry conferences. He said that the state has good contact with all regions of the country and the climate here is very favorable. Chaitanya Kumar Kashyap, Minister of Micro, Small and Medium Enterprises and in -charge of Bhopal district, said that the state government is encouraging industrialists and investors at every level to ensure maximum exports. Kashyap said that it is easy to carry raw materials and manufactured products from Madhya Pradesh in any corner of the country. He said, “Despite this, our government is giving more than 50 percent subsidy on freight to industries to industries.” Principal Secretary (Industrial Investment and Incentive) Raghavendra Kumar Singh Told about and invited investors and industrialists to participate in it. He said that Prime Minister Narendra Modi will inaugurate GIS and will digitally launch the new industrial, investment and other policies of Madhya Pradesh on this occasion. Ukumar said that Union Home Minister Amit Shah will be present in the closing session. GIS will include representatives from more than 60 countries.
(Language)
Latest business news
(Tagstotranslate) Madhya Pradesh Global Investor Summit (T) Mp Global Investor Summit (T) Global Investor Conference (T) Mohan Yadav (T) Handicrafts (T) Handicrafts (T) Agricultural Products (T) GIS
