MP Cabinet: Government decisions will give up to 40 percent subsidy to small industries that provide more employment

State Bureau, Naiduniya, Bhopal. The state government will also provide many other help from financial assistance to more employment industries. On Tuesday, just five days before the Global Investors Summit (GIS), the Mohan cabinet approved seven policies promoting startups, micro small and medium industries. In this, up to 40 percent grant will be given to industries.

Special things about cabinet decisions

• Financial assistance will be provided on priority basis on setting up industries by SC ST, women and disabled. Companies with an annual turnover of Rs 10 crore to Rs 500 crore will give a grant up to Rs 125 crore in plant and machinery or equipment procurement on investing MP.
• For this, the youth of Madhya Pradesh will have to provide more and more employment. Along with this, preparations have been claimed to make Bhopal, Indore, Gwalior, Jabalpur and Ujjain an EV City, in which the state government will provide incentives and many discounts on the purchase of EV vehicles.
• The Tapti Mega Recharge Project has also been approved. Under this, a 273 km long canal will be constructed. This will recharge 11.76 cubic meters of water. This will develop irrigation capacity in an area of ​​one lakh 23 thousand hectare in Khandwa-Burhanpur.
• The government claimed that this is the largest recharge project ever. Urban Development and Housing Minister Kailash Vijayvargiya said that an MoU will soon be signed between Madhya Pradesh and Maharashtra regarding the world’s largest Tapti Mega Water Recharge Project.

Lake View Ashok will be made a brand hotel on PPP

Lake View Ashok Hotel in Bhopal will be developed at PPP like a brand hotel. The government will get 10 crore rupees every year. The condition of 1000 seats will be made. Along with the hotel, the art of the state will also be seen here.

Cabinet seal on these seven policies

• MSME Policy
• Startup policy
• Industrial land and building allocation policy
• Electric vehicle policy
• Integrated township policy
• MP Civil Aviation Policy
• Biofuel policy

Township cleared way in rural areas

• Any farmer or private person around cities in Madhya Pradesh will be able to make a township by making land pulling.
• Under this policy, a minimum of 10 hectares of land will be required for cities with less than five lakh population within the local body area and 20 hectares for cities with more than five lakh population.
• The width of the road should not be less than 24 meters. The minimum width of the route will be 30 meters required for a large township with 40 hectares and above.
• EWS, LIG ​​houses will have to be built in 15 percent area of ​​the total area. For this, developers or developers will be able to request the development authority or other agencies to provide land.
• She will play a role in getting land on the basis of mutual consent. If government land comes in the project area, then a maximum of eight hectares of limit can be given. It has a proceedings of land pulling.