incentives given by Maharastra govt to Enterpeneurs

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incentives given by Maharastra govt to Enterpeneurs

  1. 1. DESTINATIONMAHARASHTRA<br />OpportunitiesUnlimited<br />GovernmentofMaharashtra<br />By s.jayendrakrishna<br />MaharashtraIndustrialDevelopmentCorporation(MIDC)<br />
  2. 2. Major ports in India<br />
  3. 3. MaharashtraPorts–ForgingAhead<br /><ul><li> Brief on maharastra port sector
  4. 4. Maharashtrahas720kmlongcoastline;10%ofIndia’scoastline
  5. 5. TheStatehasfivedistrictsalongthecoastline
  6. 6. Twomajorports:MbPT(MumbaiPortTrust)locatedinMumbai ,</li></ul> JNPT(JawaharlalNehruPortTrust)inRaigaddistrict<br /><ul><li> JNPTisthelargestcontainerportinIndiawhileMbPtisnatural</li></ul> deep-waterharbourof400sq.Kms.<br /><ul><li> JNPTandMbPTaccountforthelargestshareofexports-importsand</li></ul> trans-shipmentinthecountry<br /><ul><li>MbPTwith18,700employeeisthebiggestemployeramongthe</li></ul> majorportsinIndia.<br /><ul><li>Maharashtrahas48minorports,with14operationalports</li></li></ul><li>Growth trajectory of maharastra port sector<br />► MaharashtraPortsshowedastrongpositivegrowthinitsperformanceintheyear2009-10<br />► TheStatecollectivelyhandledthemaximumtrafficinIndia<br />
  7. 7. Government initiatives: GreenfieldPortPolicy2010<br />TheGreenfieldPort policyenvisagesan investmentofINR 22,775Croresinits minorports<br />SalientfeaturesoftheGreenfield:Po<br />BasedonBOOST(Build,Own,Operate,Share,andTransfer)model<br />► Concessionperiod–50yrs(includesconstructionperiodof5yrs)<br />► Leaseofgovernmentlandatmarketvalue<br />
  8. 8. ► Exemptionfromthepaymentofregistrationfeeandstampduty<br />► MaharashtraMaritimeBoard(MMB)willactastheNodalagencyforlandacquisition<br />► SharingofconstructionandmaintenancecostofapproachroadandwatersupplybyMMB p<br />► Thecostofconstructionofroadswillbebornbytheinvestors policy2010<br />
  9. 9. MajorMaritimePlayers<br />MaharashtraPortSector<br />Page21<br />PortandLogisticSector<br />
  10. 10. Textile industry <br />
  11. 11. Textile industry<br /><ul><li>The Textile industry in the state economic structure occupies an important place</li></ul>Why…… b.coz<br />
  12. 12. State of Maharashtra is..<br /><ul><li> having 3.5 million hectares of cotton cultivations
  13. 13. producing 6.7million bales per annum(second highest in country)
  14. 14. 3.96 million installed spindles
  15. 15. 10.054 million installed rotors
  16. 16. production capacity of 368.45 million kilograms of spun yarn
  17. 17. 339.51 million kilograms of man-made filament yarn</li></ul>.<br />
  18. 18. <ul><li>10.14 lakh power looms
  19. 19. power looms -producing about 10123.78 million meter cloth per annum direct employment to 2.00 million people
  20. 20. In addition to this, there are 30000 handlooms in the state.
  21. 21. These handlooms are deeply rooted to the tradition and heritage of the state.
  22. 22. In fact, these handlooms are structurally weak but traditionally strong</li></li></ul><li>Incentives given by the government<br />Special capital incentive<br />The Interest Subsidy<br />Sectorial Initiatives<br />scheme of N. C. D. C<br />Rehabilitation scheme<br />NABARD for capital incentive<br />supply electricity to the power loom holders at concessional rate.<br />Housing For Textile Workers<br />
  23. 23. IT INDUSTRY<br />ABOUT IT IN MAHARASTRA….<br />369 private IT Parks are in progress <br /> 55/369 Parks have already been set up, generating employment for 1.27 lakh persons. <br />Generates > 6.62 lakh new jobs ,when remaining completed<br />Maharashtra is one among the top three States in IT exports.(inc by 135%)<br /> The growth rate of FDI in the State’s IT sector<br /> has been the highest in the country. <br />
  24. 24. Incentives<br />Additional FSI and other benefits for IT Parks<br />exempt from payment of Electricity Duty<br />Level of exempt of Stamp Duty depending on the size and location .<br />Property tax shall be levied on IT-ITES units at par with residential rates.<br />
  25. 25. Agriculture Maharashtra<br />
  26. 26.
  27. 27. Land Utilisation Pattern<br />Area fig. in “00’ ha.<br />
  28. 28. INCENTIES:<br />Maharashtra Agriculture Productivity ImprovementCampaign<br />(MAHPIC)<br />Farmer Field Schools<br />To sanction loans @ 6%<br />Soil health improvement project<br />Efficient use of Water <br />Increasing Seed Replacement rate <br />To increase fertilizer use efficiency <br />Plant Protection<br />Debt Relief Scheme<br />
  29. 29. Maharashtra: The Preferred Industrial Investment Destination <br />due to its….<br /><ul><li> geographical position
  30. 30. 13% contribution of national GDP
  31. 31. Percaptia income of 19% which is higher than country percaptia income
  32. 32. Its 96.88 million people (9.4 % of country’s population) produce over 19% of the</li></ul>country’s National Output <br /><ul><li>forefront of economic development</li></ul>and is often called the economic powerhouse of the country.<br />
  33. 33. Policies of the govt for the support to industires<br /><ul><li> Industrial Promotion Subsidy:</li></ul>New SSI/MSI/LSI (including IT/BT) units<br />Expansion units<br /><ul><li> Additional Incentives:
  34. 34. Special Incentives for Units coming up in Districts low in HDI:
  35. 35. Interest Subsidy:
  36. 36. Exemption from Electricity Duty:
  37. 37. Waiver of Stamp Duty:
  38. 38. Refund of Octroi / Entry Tax in lieu of Octroi
  39. 39. Octroi Exemption on Raw Material
  40. 40. Modification of seed money scheme</li></li></ul><li>From all these polices ,<br />we can decide Maharashtra is the right place for entrepreneurs <br />
  41. 41. THANK YOU<br />

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