SlideShare a Scribd company logo
1
Maharashtra
Sectoral
Policies
®
2
Index
1. Incentive for Development of Integrated Industrial Area
2. SC and ST Entrepreneur
3. Women Entrepreneur 2017
4. Electric Vehicle Policy
5. FinTech Policy 2018
6. Logistics Parks 2018
7. Coir Policy 2018
8. Industrial Parks 2018
9. Retail Policy
10. Aerospace and Defence
11. Electronics Policy – 2016
12. IT and ITES 2015
13. Textile Policy
8
10
12
14
17
20
23
26
29
32
36
41
48
Maharashtra Sectoral Policies
3
IIA Policy
Government of Maharashtra released a slew of policies after the magnetic Maharashtra
summit in 2018 and a policy for integrated industrial area was a part of it. The policy is
an attempt made by the state government to make Maharashtra a viable choice for the
industries and stop their migration to other states.
Policy Provisions of the Government of Maharashtra:
Ÿ Relaxation in Minimum Area required for integrated industrial area
As per Development Control Rule of IIA, the minimum area required for 'Integrated
Industrial Area' is 40 Hectares (100 acre). However, relaxation will be given of area
requirement for not more than 20 hectares will be considered depending on location,
difficulty of acquisition of land, availability of continuously available area.
Ÿ Relaxation in minimum width Approach road
Minimum 24 meter width entry road should be available for declaration of 'Integrated
Industrial Area' as per Development Control Rule. Relaxation of not more than 12
meter will be considered in case of above mentioned difficulties.
Ÿ Concession in stamp duty
A concession to the extent of 50% will be given to an established IIA for purchase land
to project proponent/s.
Ÿ Grant of Government land
If government land is required for contiguity and the required land is free from all
encumbrances then government will allot the land to MIDC as per the prevailing policy
of Revenue and Forest Department, GOM. This land then can be allotted to the
developer by MIDC.
Ÿ Permissible Floor Space Index (FSI)
Additional FSI will be in accordance with the special township policy. 25% of
additional FSI is permissible if minimum road width is 18 meters.
Ÿ Electricity Supply
In case power requirement of all the units of IIA or some units is more than 1 MW,
then developer of IIA can erect its own infrastructure or supply electricity to its units
after obtaining the same via open access. Also, captive power generation will be
allowed.
Ÿ Exemption in Payment of development charges
MIDC will levy 50% on development charges as per the notification of Urban
Development Department and if any exemptions are made, IIA will be subjected to
those too.
®
4
For further information:
Ÿ Ministry of Industries, Energy and Labour,
Government of Maharashtra, Mantralaya, Mumbai
Contact no.: (91-22) 22025393
Ÿ Dr.Harshadeep Kamble ,I.A.S.
Secretary (Small & Medium Industries) & Development Commissioner (Industries)
Government of Maharashtra
Address: Directorate of Industries, New Administrative Building,
2nd Floor, Madame Cama Road, Opp. Mantralaya, Mumbai – 400032
Email: didci@maharashtra.gov.in
Phone: (022) 22028100
Fax: (022) 22026826
Ÿ DIC (Pune ) - Mr. K. G. Dekate
Address: District Industries Centre, Pune.
Agriculture College Compound, Shivaji Nagar, Pune-411005.
Email: didicpune@maharashtra.gov.in
Phone: (020) 25537541 / (020) 25537369
Fax: (020) 25539587
Sources:
Ÿ Directorate of Industries official website
https://di.maharashtra.gov.in/_layouts/15/DOIStaticSite/English/pdf/IncentiveOfDevelo
pmentPolicy.pdf
Ÿ DNA
https://www.dnaindia.com/mumbai/report-maharashtra-cabinet-approves-policy-for-
integrated-industrial-area-2584776
Ÿ Maharshtra Government Official Website
https://www.maharashtra.gov.in/Site/Upload/Acts%20Rules/Marathi/compressed_Noti
fication.......wowutrewot.pdf
5
SC and ST Entrepreneurs
sc/st entrepreneurs
On the 125th birthday of Dr. Babasaheb Ambedkar, special package scheme of
incentives were announced for SC/ST entrepreneur to promote social inclusion. The
special package of incentives will be over and above the existing Entrepreneurship
Development Schemes and Package Scheme of Incentives (to be announced).
Definition of SC/ST entrepreneur:
Ÿ Proprietary unit - 100% stake by SC/ST Entrepreneur.
Ÿ Partnership firm - SC/ST partners having 100% stake in the firm.
Ÿ Co-operative sector - Enterprise having 100% members from SC or ST category or
combination of both categories as registered as per Co-operative Society Act.
Ÿ Private limited / Public limited - Promoter & Director SC/ST entrepreneurs having
100% controlling stake in the Company.
Note:
Ÿ Controlling stake should not be reduced during the operative period as per the PSI
2013 GR.
Ÿ The scheme will be applicable for manufacturing and IT/ITES industries set up by the
SC/ST entrepreneurs.
Policy Provisions:
Ÿ Allotment of land: MIDC will allot 20% plots to SC/ST entrepreneurs in MSME sector
out of total plots available for allotment to MSMEs. MIDC will allot Land to SC/ST
entrepreneurs on priority by maintaining a separate seniority list.
Ÿ Rebate on Cost of Land
Land Rebate Ceiling (in Rs.)
MIDC areas 30% 10 lakhs
Other areas 20% 5 lakhs
Ÿ State Government with the help of SIDBI has created venture capital fund of INR 200
crore for giving assistance to start up units. This venture fund will support for SC/ST
entrepreneurs as a viability gap funding for new units (SIDBI MS Fund:
http://www.sidbiventure.co.in/ms_fund.html).
Ÿ New eligible units in MSME sector will be given capital subsidy for all zones in the
State in the range from 15% to 30% of Fixed Capital Capital Subsidy will be given
within the limits of Rs. 15 lakhs to Rs. 30 lakhs as per the zones in 5 equal
installment with effect from date of production.
®
6
Ÿ Power Tariff Subsidy for eligible MSMEs: epreneurship Development Schemes and Package
Scheme of Incentives (to be announced).
Area/Districts
Subsidy per unit
(in Rs.)
Duration
Vidharbha, Marathwada and
north Maharashtra and for the
districts of Raigad, Ratnagiri and
Sindhudurg in Konkan region
2 5 Years
In other areas 1 5 Years
Ÿ Interest Subsidy: The amount of interest subsidy will be calculated at effective rate of interest,
after deducting the interest subsidy receivable from any institution or under any Govt. of India
scheme and the penal/compound interest or 5% per annum, whichever is less. The quantum
of interest subsidy payable every year will not exceed double the amount of bills paid for
electricity consumed during the relevant year.
Ÿ State Government will promote 10 clusters for manufacturing industries under Maharashtra
State Industrial Cluster development programme (MSI-CDP). The maximum limit of grant in
aid will be 90% of the project cost and the grant in aid of INR 30 crore will be provided from
the budget of Social Justice & Special Assistance Department and Tribal Welfare
Department. The two clusters will be developed every year so that total 10 clusters are
developed over a period of 5 years.
Further reading on schemes by the Central Government for SC/ST entrepreneur:
1. https://www.standupmitra.in/Home/SubsidySchemesForSCST
2. http://socialjustice.nic.in/SchemeList/Send/38?mid=24541
National SC/ST hub: https://www.scsthub.in/existing-entrepreneurs.php
Sources:
Ÿ Directorate of Industries
https://di.maharashtra.gov.in/_layouts/15/doistaticsite/english/pdf/SC_ST_Policy_English.pdf
Ÿ MAITRI
https://maitri.mahaonline.gov.in/Home/GR
sc/st entrepreneurs
7
Women Entrepreneur
Policy 2017
Maharashtra is the first state in India to announce a policy for women entrepreneur. The
policy states that a woman entrepreneur would get a financial assistance from Rs 15
lakh up to Rs 1 crore in proportion of 15 per cent to 35 per cent of the capital investment
of the project at a subsidized rate of interest of upto 5%.
Provisions of the Government of Maharashtra:
Ÿ The policy has defined the woman entrepreneur as a group of women entrepreneurs
who have financed 100% for the project and hired minimum 50% women employees
would be treated as the women entrepreneur.
Ÿ Under the policy, a few stalls or some of the area in malls, commercial complexes or
market yard will keep reserved only for women businesspersons.
Ÿ The land will be reserved for women industrialists in Maharashtra Industrial
Development Corporation (MIDC) area across the state.
Ÿ The woman and child development department too will keep aside Rs 50 crore for
women entrepreneurs under the policy.
Ÿ First-generation women entrepreneurs who set up micro, small or medium
enterprises (MSMEs) in the state will be entitled to a capital subsidy of up to Rs 1
crore, depending on location of the unit.
Ÿ The policy will be valid for 5 years.
List of documents to be submitted by unit for claiming incentives for participation in State
Level / International exhibition:
Ÿ Application in prescribed form - Annexure-I
Ÿ Copy of EM Part II / Udyog Aadhar Memorandum.
Ÿ Information about the exhibition.
Ÿ Proof of participation in State Level / International exhibition
Ÿ Receipt of payment made for space in the State Level / International exhibition.
Ÿ Affidavit in prescribed format.
Ÿ Advance Stamped Receipt.
Ÿ Recommendation of concerned District Industries Centre.
®
8
List of documents to be submitted with the application for prior permission for organizing
Divisional / State Level exhibition for Women Entrepreneurs:
Ÿ Application in prescribed form - Annexure-II
Ÿ Information about the proposed exhibition.
Ÿ Recommendation of concerned Regional Joint Director of Industries.
Ÿ Undertaking from the Organizers of the exhibition.
Ÿ Copy of Registration of the Organizers as partnership firm / company / trust / society
under relevant act.
For more information:
https://www.maharashtra.gov.in/Site/Upload/Government%20Resolutions/English/20190
4011559377210.pdf
Contact Information:
Ÿ Dr.Harshadeep Kamble ,I.A.S.
Secretary (Small & Medium Industries) &
Development Commissioner (Industries)
Government of Maharashtra
Address : Directorate of Industries, New Administrative Building, 2nd Floor, Madame
Cama Road,
Opp. Mantralaya, Mumbai – 400032.
Email: didci@maharashtra.gov.in
Phone: (022) 22028100
Fax: (022) 22026826
Sources:
Ÿ Indianexpress.com
https://timesofindia.indiatimes.com/business/india-business/maharashtra-govt-
approves-policy-for-women-entrepreneurs/articleshow/61936093.cms
Ÿ newindianexpress.com
http://www.newindianexpress.com/nation/2017/dec/05/maharashtra-government-
announces-special-policy-for-women-entrepreneurs-1719292.html
Ÿ MAITRI
https://maitri.mahaonline.gov.in/Home/GR
Ÿ Maharashtra Government Official Website
https://www.maharashtra.gov.in/Site/Upload/Government%20Resolutions/English/201
904011559377210.pdf
9
Electric Vehicle &
Related Infrastructure Policy 2018
Overview:
Electric Vehicle (EV) offer consumers eco-friendly and cheaper alternative with lower
maintenance expenses. The Government of Maharashtra launched a policy for electric
vehicle with the vision to provide a promotive environment for EV manufacturing which
will further encourage adoption of EV in the state. The policy will be valid for five years.
Policy Objective
1) Increase number of EV registered in Maharashtra to five lakhs.
2) To generate investment of Rs. 25,000 on EV manufacturing and related infrastructure
manufacturing.
Provisions of the Government of Maharashtra
¤ Pioneer Units: Two mega projects are set up in the state for manufacturing of EV, EV
components and batteries. Mahindra has signed Memorandum of Understanding
(MoU) with the state government in this regard.
¤ Mega EV enterprise:
Taluka/Classification FCI Direct employment generated
A and B Rs. 250 crore 500
C,D and D+ areas Rs. 100 crore 250
¤ Ultra Mega EV enterprise:
Taluka/Classification FCI Direct employment generated
A and B Rs. 250 crore 500
C,D and D+ areas Rs. 100 crore 250
Large EV enterprise: Where FCI is from Rs.10 crores to Mega project qualifying limit.
¤ Incentives:
Pioneer, Mega and Ultra Mega units Large and MSME units
As per template of Incentives (TBA)
As per package scheme of
incentives but at a scale higher
(TBA)
®
10
¤ Incentives for EV charging:
> Power required for EV charging will be charged at residential rate throughout state
> Charging points will be set up at petrol pumps, railway station, bus depots, etc.
Permission to set up will be granted 15 days after the receipt of application. If the
permission is not received in 15 days it will be deemed not granted.
> Development Control Rules (DCR) of all local and self government will be modified
for setting up of common charging facilities in areas like parking of malls, residential
areas, etc.
Eligible applicants will need to register and then file online application on website
di.maharashtra.gov.in for grant of subsidy. The application shall be addressed to
Development Commissioner (Industries), Government of Maharashtra. The documents
required to be uploaded will be:
Ø Charted Accountant's Certificate about investment in new charging equipments.
Ø Copy of equipment invoices.
Ø Valid Insurance of facility.
Ø Undertaking about maintenance of facility, access to BEV owners, completion of
facility maintaining it for minimum 10 years after initiating this facility etc.
Ø Approval from Local planning authority (eg. MCGM, NMC, PMC etc) for setting
up public charging facility.
Ø Approval from concerned electric power supply agency (i.e. MSEDCL) for
providing power for charging station.
Ø Proof of ownership of land / premises.
The disbursement of subsidy will be as per availability of funds and will be directly
deposited into the account of applicant through RTGS. The procedure for disbursement
will be same as that for Industrial Promotion Subsidy (IPS).
Ø Petrol Pumps will be allowed to set up charging stations freely subject to fire and
safety standard norms.
Ø Commercial public EV charging stations for 2 wheelers, 3 wheelers, cars and
buses are eligible 25 % capital subsidy upto Rs. 10 lakhs on equipment and
machinery. This is applicable to first 250 stations.
¤ Promotion of R&D, Innovation and Skill Development
> Proposal will be prepared for Centre of Excellence
> Training based certification and placement programmes
For claiming subsidy, users shall register and file online application on the website
di.maharashtra.gov.in (The online filing will be free of any fees).
11
Development Commissioner (Industries).
Contact Information:
Ÿ Dr. Harshadeep Kamble,IAS
Development Commissioner (Industries)
Email: didci@maharashtra.gov.in
Phone: (022) 22028100
Ÿ Regional Office:
Mr. V. L. Rajale
Joint Director of Industries
Address: Office of the Joint Director of Industries, (Pune Region) Agriculture College
Compound, Shivaji Nagar, Pune-411005
Email: diropune@maharashtra.gov.in
Phone: (020) 25537729 / (020) 25537369
Fax: (020) 25537369
Sources:
¤ Maharashtra's Electric Vehicle and Related Infrastructure Policy – 2018
https://csis-prod.s3.amazonaws.com/s3fs-public/A4-MIDC-Maharashtras-Electric-
POLICY.PDF?qsFlIsn3QwQ9cpu1b8eOhDCItiAWPnok
¤ Maharashtra Government official website
https://www.maharashtra.gov.in/Site/Upload/Government%20Resolutions/English/201
802141807189810.pdf
Note: Once valid application form with required documents is uploaded, the Directorate
of Industries shall verify validity of documents and information provided with transport
authorities of Maharashtra. Thereafter, subsidy approval letter mentioning quantum of
eligible subsidy shall be generated and sent by e-mail to the applicant. This process
shall be completed within a maximum period of 15 days.
12
FINANCIAL
FINTECH
TECHNOLOGY DIGITAL ACCOUNTING ANALYSIS BLOCKCHAIN
Fintech Policy 2018
Overview:
Government of Maharashtra in 2018 announced the first ever Fintech Policy with the
view to develop ecosystem in the state. The infrastructure and aid has been provided by
the government with an objective to make Mumbai a Fintech hub. After the policy
announcement, the state government has selected 13 start ups that can be a part of the
Mumbai Fintech hub. This policy was announced after the Magnetic Maharashtra
Summit and it is valid for five years.
Policy Provisions of the Government of Maharashtra:
Ÿ Setting up smart Fintech centres:
Ÿ Government has approved the setting up of Smart Fintech centers wherein additional
FSI (Floor Space Index) shall be admissible upto 200% in all urban local bodies of the
State having a population greater than 10 lakh. Premium of 30% of the prevailing
ready reckoner rate will be applicable for availing the additional FSI.
Ÿ All the fiscal incentives relating to stamp duty exemption, electricity duty, electricity
tariff, power tariff subsidy, property tax, entry tax, works contract tax, etc. as provided
under the IT/ITeS policy-2015 shall be applicable to the units set up as part of the
Smart FinTech centers.
Ÿ If a Smart FinTech centers has availed additional FSI as per the provisions of this
policy and subsequently it is found that the built-up space in these centers (which is
mandated to be used for FinTech activity) is being used for non-FinTech/ commercial
activities / any other activity not permitted as per the FinTech policy under which the
said center was approved, a penal action as below will be taken.
Ÿ Creation of FinTech Corpus Fund: The Government of Maharashtra will create a
FinTech corpus fund of Rs. 250 crore over a period of three years to fund the
incentives to FinTech start-ups and operational expenses of industry sandbox and the
global fintech hub.
Ÿ Incentives to Fintech start ups:
>> Reimbursement of internet and electricity charges- Internet and electricity charges
of FinTech startups in the State will be reimbursed up to an amount of Rs. 3 lakh per
year. This will be applicable for a maximum of 3 years for each start-up.
>> Reimbursement of expenditure towards hosting infrastructure- Expenditure
incurred by Fintech start-ups towards availing cloud space will be reimbursed by State
Government subject to an upper limit of Rs. 3 lakh per year for a total period of 3
years.
>> Reimbursement of State GST: The State GST paid by early stage start-ups with
annual turnover up to Rs. 5 crore will be reimbursed to reduce the tax burden on start-
ups. The tax reimbursement will be applicable for a maximum period of 3 years
subject to the annual cap of Rs. 4 lakh.
®
13
FINANCIAL
FINTECH
TECHNOLOGY DIGITAL ACCOUNTING ANALYSIS BLOCKCHAIN
Ÿ An incentive fund of up to Rs. 10 crore will be created to encourage high growth
FinTech startups in the first years their operations. Each year top 20 rated start-ups
will be provided a grant of Rs. 10 lakh each, once during the lifetime of the start-up.
These start-ups will be identified on several parameters including growth rate,
innovation, social impact, etc.
Ÿ A registry of all the Fintech companies based in Maharashtra will be created to form
a community of Fintech companies. An Industry sandbox will provide a controlled
and legal testing solution space where start-ups /banks /technology companies can
test innovative products, services, business models and delivery mechanisms in the
real testing environment. The Government of Maharashtra will provide the following
critical support in setting up the industry sandbox in Global FinTech hub.
Ÿ Government will pilot projects on Blockchain, DLT (Distributed Ledger Technologies)
across areas like land registry, supply chain management, and identity
management, education, healthcare amongst other areas. Andhra Pradesh is the
first Indian state to run pilot projects on blockchain, putting up land records on a
public ledger. Apart from Maharashtra, Telangana, Karnataka and Gujarat are
evaluating the technology.
>>Reimbursement of exhibition/global event participation fee: A FinTech unit will be
eligible for reimbursement of 50% exhibition/global event participation fee (space
cost/rent) for exhibitions on approval by the FinTech Officer, subject to a ceiling of
Rs. 5 lakh per FinTech start-up and limited to two such events during the lifetime of
the start-up.
The “Mumbai FinTech Hub” has been established in the Mumbai Metropolitan
Region as a focal point for FinTech activity within the State of Maharashtra. It provides
an ecosystem encompassing the entire infrastructure, organizations and people within
the hub, as well as how those elements are structured and engage with each other to
nurture innovation and entrepreneurial spirit.
Maharashtra Fintech Hub: https://fintech.maharashtra.gov.in/
National Fintech Hub: http://www.govtech.in/2016/
14
FINANCIAL
FINTECH
TECHNOLOGY DIGITAL ACCOUNTING ANALYSIS BLOCKCHAIN
Ÿ The Economic Times
https://economictimes.indiatimes.com/tech/internet/maharashtra-plans-a-pilot-to-try-
out-blockchain-technology/articleshow/62896305.cms
Sources:
Ÿ Indian Express
https://indianexpress.com/article/cities/mumbai/maharashtra-government-picks-13-
start-ups-in-push-to-mumbai-fintech-hub-5478851
Ÿ MAITRI
https://maitri.mahaonline.gov.in/PDF/Fintech.pdf
Ÿ Directorate of Industries
https://di.maharashtra.gov.in/_layouts/15/doistaticsite/english/pdf/FintechPolicy.pdf
Contact information:
Ÿ Maharashtra Information Technology Corporation LimitedAddress: Block-2, 51, 52, M
I D C,
Room No 514, 5th Floor, Annex Building, Hutatma Rajaguru Chowk, Mantralaya,
Mumbai City, Maharashtra, India, 400032.
Tel: +91 22 22026534
Ÿ Fax: +91 22 2815087
Email: info.mahait@mahait.org
Website: www.mahait.org
15
Maharashtra Logistic
Parks Policy 2018
India has always been at a disadvantage when it comes to logistics and warehousing
leading to distortions in the supply chains. To overcome these hurdles, government of
Maharashtra introduced the Logistics Parks Policy after the Magnetic Maharashtra
Summit in 2018.
Ÿ Eligibility for establishment of Logistic Parks
>> Private landowners or developer appointed by them or any Company with legal
entity
>> Lease owners of MIDC land with minimum 30 years of balance lease period of
MIDC will be
eligible for establishment of Logistics parks.
Ÿ Procedure for Development of Logistics Parks
Eligible land owners or developers will be notified by the MIDC after receiving the
proposal from applicant. Notwithstanding anything written in Development plan or
regional plan the area will be automatically changed and be available for logistics
parks.
Ÿ Logistics Parks defined:
>> Integrated Logistics Parks (ILP)
a) Spread over minimum of 5 acres of land
b) Having minimum 15 meters wide access road
c) 70% of total notified area has to be used for logistics
d) Remaining 30% permitted for support services and common facilities
>> Logistics Parks (LP)
a) Minimum 20,000 sq. feet built up area
b) 80% to be used for logistic services
c) 20% permitted for support services and common facilities
Ÿ MIDC will be the Special Planning Authority.
Ÿ Single Window Clearance through MAITRI (maitri.mahaonline.gov.in).
Note:
Logistics division of Central Government has also planned to create an IT backbone and
develop a National Logistics Information Portal which will be also an online Logistics
marketplace that will serve to bring together the various stakeholders viz logistics service
providers, buyers as well as Central & State Government agencies such as Customs,
DGFT, Railways, Ports, airports, inland waterways, coastal shipping etc., on a single
platform.
®
16
Ÿ Upto 200% additional FSI for Integrated Logistics Parks and Logistics Parks. Premium
charged for all areas except no industry district and naxalism effected area.
Ÿ Relaxation in zone restrictions: All zones available except agricultural land. 15%
premium on zone conversion.
Ÿ Relaxation on height restrictions: 24 meter is the limit but excess will not be calculated
under FSI.
Ÿ ILP/LP will not be covered under any other act.
Ÿ Power will be provided at industrial rates: Rs. 8.03 per unit.
Note:
Operations have to start within five years from issue of Letter of Intent (LOI). Directorate
of Industries will be registering agency for all logistics parks.
Contact information:
Ÿ Directorate of Industries
Dr.Harshadeep Kamble ,I.A.S.
Secretary (Small & Medium Industries) & Development Commissioner (Industries)
Government of Maharashtra.
Address : Directorate of Industries, New Administrative Building, 2nd Floor, Madame
Cama Road,
Opp. Mantralaya, Mumbai – 400032.
Email: didci@maharashtra.gov.in
Phone: (022) 22028100
Fax: (022) 22026826
Ÿ Regional Office (Pune):
Mr. V. L. Rajale
Joint Director of Industries
Address: Office of the Joint Director of Industries, (Pune Region),
Agriculture College Compound, Shivaji Nagar, Pune-411005.
Email: diropune@maharashtra.gov.in
Phone: (020) 25537729 / (020) 25537369
Fax: (020) 25537369
17
Ÿ Steps for starting a business in Maharashtra:
http://www.doingbusinessinmaharashtra.org/Starting_a_Business_in_Maharashtra.as
px
Ÿ Directorate of Maharashtra Official Website:
https://di.maharashtra.gov.in/_layouts/15/DOIStaticSite/English/pdf/MaharashtrasLogi
sticPolicy.pdf
Ÿ Steps for starting a business in Maharashtra:
http://www.doingbusinessinmaharashtra.org/Starting_a_Business_in_Maharashtra.as
px
Ÿ Government of Maharashtra Official Website
https://www.maharashtra.gov.in/site/Upload/Acts%20Rules/Marathi/37%201%20Notifi
cation.....pdf
Sources:
18
Maharashtra Coir
Policy 2018
Overview of the Coir Sector:
Around 52,000 metric tonnes of coconut husk is available annually in the Konkan. This
husk can be used for production of eco-friendly products and at the same time be an
opportunity for growth of not just the MSME sector but also employment of women.
Recognizing this, the Government of Maharashtra launched the Coir policy in 2018. The
policy is to be implemented by the Maharashtra Small Scale Industries Development
Corporation (MSSIDC), proposes setting up of 8,000 small and micro units to generate
50,000 jobs, said Sunil Porwal, additional Chief Secretary (industries). While India has
16,000 coir processing units, Maharashtra has just 27 despite the substantial coconut
cultivation in the state - 22,750 hectare land largely in the Palghar, Thane, Raigad,
Ratnagiri and Sindhudurg districts of the Konkan.
Policy Provisions of the Government of Maharashtra:
Ÿ Additional benefits under the package scheme of incentives: Coir industries in A and
B zone will be eligible for benefits available to industries in C zone. Industries of C
zone will get benefits of D zone and D zone industries will get benefits of D+ zone.
Industries in D+ and no industrial zone will be eligible for benefits in naxal affected
area. The new package scheme of incentives will be announced soon.
Ÿ Special Capital Incentives:
S. No.
Classification of
Talukas
Capital Subsidy (%
fixed capital
investment)
Maximum ceiling for
special capital
subsidy (in Rs. lakhs)
1. A and B 30 20
2. C 35 30
3. D 35 40
4. D+ 35 50
5.
Non-industry and
Naxal affected area
35 50
(Source: Maharashtra Coir Policy - 2018)
®
19
Ÿ The capital subsidy will be disbursed in five equal annual installments from the date of
commencement of production.
Ÿ Five Common Facility Centers (CFCs) will be established for Coir based MSMEs.
They will be provided assistance in the form of 90% of project cost.
Ÿ Budgetary provision of Rs. 10 crores will be made for coir industries Incubation,
Research and Development Centre.
Ÿ Incentives will be given for participation in International and domestic exhibitions.
Incentives
Domestic 75% of space rent upto Rs. 0.50 lakhs
International Rs. 30 lakhs
Ÿ Preferential Procurement for Coir industries. Government departments will be directed
to use coir products.
Ÿ A fund of Rs. 5 crore will be set up Exhibition cum sales centre.
Ÿ Policy will be valid for 5 years from date of issue
Coconut Development board will be involved to motivate the farmers and their family
members for collection of husk, processing and making coir products. District Rural
Development Authority (DRDA) and Department of Agriculture will be involved in
capacity building of SHG members. MSSIDC will be involved in marketing of coir
products through their outlets. Initiatives will be taken to associate corporate CSR
foundations to promote coir handicrafts for the tourist place like Goa, etc.
The Coir processing units in the state:
Fiber
extractio
n units
Spinning
& rope
making
units
Product
manufacturin
g units
Rubberize
d coir
units
Pith
processin
g units
Curled
coir units
Other
s
Total
Maharashtr
a
1 1 - 9 1 - 3 15
(Source:http://coirboard.gov.in/wp-content/uploads/2016/03/Sawantwadi-DPR-28.7.15.pdf)
For more information on the Indian Coir Sector: http://coirboard.gov.in/wp-
content/uploads/2015/03/NationalCoirPolicy_newNov14.pdf
20
Contact information:
Ÿ MSSIDC
Address: Block-2, 51, 52, M I D C,
Chinchwad, Pune,
Maharashtra 411019
Phone: 020 24430482
Ÿ Dr.Harshadeep Kamble, I.A.S
Secretary (Small & Medium Industries) & Development Commissioner (Industries)
Government of Maharashtra
Address: Directorate of Industries, New Administrative Building,
2nd Floor, Madame Cama Road, Opp. Mantralaya, Mumbai – 400032
Email: didci@maharashtra.gov.in
Phone: (022) 22028100
Fax: (022) 22026826
Sources:
Ÿ Directorate of Industries Official Website
https://di.maharashtra.gov.in/m/_layouts/15/DOIStaticSite/English/pdf/MaharashtraCoi
rPolicy.pdf
Ÿ COIR board official website
http://coirboard.gov.in/wp-content/uploads/2018/03/coir-final.pd
www.dnaindia.com/mumbai/report-soon-maha-to-get-coconut-coir-industry-policy-
2582127
Ÿ DNA India
https://www.dnaindia.com/mumbai/report-soon-maha-to-get-coconut-coir-industry-
policy-2582127
21
Policy for Industrial Parks
Objective:
Ÿ To make Maharashtra globally favored place for manufacture of readymade garments,
gems and jewelry and electronics.
Ÿ Address challenges related to availability of affordable spaces by way of flatted galas.
Industrial Parks:
Ÿ Industrial building having minimum built up area of 20,000 sq. feet can be established
as an industrial park.
Ÿ Minimum 80% of the built up area will have to be used for RMG production, gems and
jewelry, registered eligible MSME units under microelectronic sector.
Ÿ A maximum 20% area can be used for basic admissible services.
Ÿ For parks across the state, additional 200% floor space is admissible on one or basic
admissible FSI whichever is higher.
Ÿ Additional 200% FSI permissible for registered private or public parks registered with
Directorate of Industries with or without premium of prevailing ready reckoner rate and
availability of road width as below:
Location of Park Premium
No industry district or Naxalism affected area Nil
Areas other than Pune, Thane, Greater
Mumbai, Kalyan-Dombivali, Mira Bhayander,
Panvel, Ulhasnagar, Ambernath, Navi
Mumbai, Municipal Corporation Areas, No
industry district and Naxalism affected area
10%
Pune, Thane, Greater Mumbai, Kalyan-
Dombivali, Mira Bhayander, Panvel,
Ulhasnagar, Ambernath, Navi Mumbai,
Municipal Corporation Areas
15%
®
22
Fiscal Incentives for Garment Units:
Ÿ Eligibility
Garment projects will be granted mega and ultra mega status on the basis of
Investment and Employment as below:
A & B Zone
No Industry District &
Naxalism affected by
Other Areas
Investment
Rs. in
Crores
Employment
Investment
Rs. in Crores
Employment
Investment
Rs. in
Crores
Employmen
t
Mega 250 1500 50 250 100 250
Ultra Mega Rs. 500Crores Investment & 3000 direct employment
Ÿ For eligible Micro, Small, Medium and Large RMG production enterprises, incentives
at one step higher will be admissible under package scheme of incentives.
Ÿ Incentive package to mega projects will be customized.
Ÿ An eligible unit in MIDC area obtains Building Completion Certificate within admissible
development period and starts commercial production will be entitled to further
concessions from MIDC for the balance development period.
Building Completion Certificate Type of Concession
Minimum 50% within 75%
100% concession in service charges and
firefighting cess+ 20% concession in water
charges
Minimum 75% within 100%
100% concession in service charges and
firefighting cess+ 30% concession in water
charges
100%
100% concession in service charges and
firefighting cess+ 40% concession in water
charges
23
Ÿ Stamp Duty refund will be admissible to eligible units as per the Industrial Policy of the
States -2013 (new policy in place now) during their development period of land or
galas or; land or galas taken on lease and Documents for bank loans
Ÿ Common Facility Centre: Incentives equal to 75% of expenditure incurred for credit
rating subject to a ceiling of Rs. 40,000 will be given to eligible units for credit rating
from SIDBI/Government Accredited Credit Rating Agency.
Ÿ For eligibility, units should hold valid Udyog Aadhar Memorandum (UAM)/ Industrial
Entrepreneurs Memorandum (IEM).
https://udyogaadhaar.gov.in/UA/UAM_Registration.aspx.
The promoter has to make an application to Govt. of India in prescribed format
alongwith Demand Draft of Rs. 1000/- in the name of Secretariat for Industrial
Assistance (SIA), New Delhi with six copies. The prescribed format is available on
Directorate of Industries website:
www.maharashtra.gov.in
Ÿ Letter of Intent (LOI) in lines with IT/ITeS policy.
Ÿ Procedural guidelines will be given by Directorate of Industries:
https://di.maharashtra.gov.in
Ÿ MIDC will be planning authority.
Contact information:
Ÿ Dr. P. Anbalagan
Chief Executive officer (CEO), MIDC
Ph. No.: 26870052/54/27
ceo@midcindia.org
Ÿ Shri Mukesh K. Bhoge
General Manager (Land), MIDC
Ph. No.: 26879072
gmland@midcindia.org
Sources:
MAITRI
https://maitri.mahaonline.gov.in/PDF/Policy%20of%20Industrial%20Parks%20comprisin
g%20of%20flatted%20galas%20of%20Readymade%20Garment%20manufacturing,%20
Gems%20and%20Jewellery,%20Micro-
Electronics%20and%20Engineering%20Units%20-%202018%20.pdf
24
Retail Trade Policy
Overview:
The State of Maharashtra is a leading State in Retail Business. The retail trade
comprises enterprises engaged in retailing goods and services. These enterprises fall
into various segments, which include food and grocery, apparel, footwear, consumer
durables, home appliances and equipment, restaurants, cinema halls, multiplexes, home
furnishing and furniture, jewelry, books, music, watches, pharmaceuticals, beauty and
healthcare. These enterprises sell various categories of items and use multiple channels
including brick and mortar, direct selling, e-commerce and other channels.
Policy Provisions of the Government of Maharashtra:
Ÿ Appointment of Nodal Officer
Industries Department will appoint a Nodal officer from MAITRI (Maharashtra Industry,
Trade & Investment Facilitation Cell).
(Contact Information of Nodal Officers: https://maitri.mahaonline.gov.in/Home/Contact)
Ÿ Relaxation under Shops and Establishment Act
>> Relaxation of rules under the Shops and Establishment Act with regard to working
hours, work
shifts and employment of part-time workers and maintenance of records.
>> Retail enterprise shall be allowed to stay open every day of the year.
>> Retail enterprise dealing in all goods and commodities shall be allowed to conduct
retail
operations between 5 am and 11 pm. The enterprises can remain open between 11
pm and 5
am only for logistics and supply purposes.
>>Retail enterprise shall be exempted from maintaining physical records for
attendance and salary.
(Act: https://mahakamgar.maharashtra.gov.in/images/lc/pdf/the-bombay-shops-
establishments-act.pdf)
Ÿ Food and Grocery Retailers are entrusted the responsibility of delivering certain
services to citizens which, if obstructed, affect the normal life of people.
Ÿ Relaxation of Stocking Limit under Essential Commodities Act
>> Exemption from provisions of stocking
>> The permissible stocking limits for which license is required shall be enhanced.
>> The procedures for getting license and its renewal shall be reduced
Note:
The ECA was enacted way back in 1955. It has since been used by the Government to
regulate the production, supply and distribution of a whole host of commodities it
declares 'essential' in order to make them available to consumers at fair prices.
®
25
Ÿ Pragmatic Implementation of Packaged Commodity Regulations to protect the
interests of the consumers.
Ÿ Retail Entertainment Zone (REZ)
The City Development Plans shall reserve land for retail development. The pre-requisite
in Municipal Council will be minimum 12-meter road width & in Municipal Corporations it
will be minimum 15-meter road width.
Simplification of Development Control Regulation:
>> Higher Ground Coverage: upto 70%.
>> Recreation Ground area will be allowed.
>> Floor-to-Floor Heights: raised to 5.5 meter
>> Parking norms: additional parking allowed without FSI implication
· Building height: The restriction (30 meters) on building heights, considering
other applicable
norms like fire safety, etc., will be relaxed.
>> Up to 50% of additional Floor Space Index (FSI) for development of retail and
shopping
center will be admissible over the base FSI on separate land only subject to
payment of full
applicable premium as per the prevailing ready reckoner rates.
Ÿ Exemption from Agricultural Produce Market Committee (APMC) regulations:
>> Retailers don't have to pay any cess to APMC.
>> Farmers can sell their produce directly to retailers.
Ÿ Exercising the power conferred under the Section 22 of The Maharashtra Mathadi,
Hamal And Other Manual Workers (Regulation Of Employment And Welfare) Act,
1969 State Government shall exempt retail enterprise from the provision of this act
provided that:
>> The said classes of the establishments employ the workers on their rolls as
permanent
employees. These workers are protected and enjoy better benefits than envisaged
in the
Mathadi Act.
>> The said classes of the establishments engage contract workers as permanent
employees who
are getting all the benefits under various sections of the labour law and enjoy
better benefits
than envisaged in the Mathadi Act.
(Act: https://www.ilo.org/dyn/natlex/docs/ELECTRONIC/17861/110575/F-
1301927122/IND17861.pdf)
26
Ÿ The retail trade set-ups having power requirements above 1 MW will be allowed open
access.
Ÿ The policy is valid for five years.
Ÿ As long as the sky sign is fixed in and out of the self-owned, leased or mortgaged
premise of the retail store, by the trader advertising his own business it shall not
attract the requirement of permission of the Commissioner or Chief Officer or
Competent Authority and payment of fees. This will not be applicable if a trader is
advertising for someone else's business.
Contact information:
Directorate of Industries
Dr.Harshadeep Kamble, I.A.S.
Secretary (Small & Medium Industries) &
Development Commissioner (Industries)
Government of Maharashtra
Address : Directorate of Industries, New Administrative Building, 2nd Floor, Madame
Cama Road,
Opp. Mantralaya, Mumbai – 400032
Email: didci@maharashtra.gov.in
Phone: (022) 22028100
Fax: (022) 22026826
Sources:
Ÿ MAITRI
https://maitri.mahaonline.gov.in/PDF/Retail_Policy_2016.pdf
Ÿ Livemint
https://www.livemint.com/Opinion/EhS4PTAs0r8nodgOBwIsTI/Rethinking-open-
access-in-electricity.html
Ÿ The Economic Times
https://economictimes.indiatimes.com/industry/services/maharashtra-gives-in-
principal-nod-to-retail-trade-policy/articleshow/50651497.cms?from=mdr
Ÿ The Hindu Business Line
https://www.thehindubusinessline.com/opinion/columns/all-you-wanted-to-know-
about-essential-commodities-act/article21689980.ece1
https://www.thehindubusinessline.com/economy/agri-business/maharashtra-
government-again-takes-steps-to-amend-apmc-act/article26029899.ece)
27
Aerospace & Defence Policy
®
Overview of the Indian Defence Sector:
India's current requirements on defence are imported. The opening of the defence sector
for private sector participation will help foreign original equipment manufacturers to enter
into partnerships with Indian companies and leverage the domestic markets as well as
aim at global markets. Besides helping in building domestic capabilities, this will also
bolster exports in the long term for Indian companies. Government also allows 100% FDI
in defence sector. Up to 49% under automatic route; FDI above 49%, through
Government route where it is likely to result in access to modern technology. The
defence industry is subject to industrial licenses under the Industries (Development and
Regulation) Act, 1951 and manufacturing of small arms ammunition under Arms Act,
1959.
Ministry of Defence, Department of Defence Production is the Administrative Ministry for
grant of extension of Industrial license under the I(D&R) Act, 1951 to the private sector.
The Company may send their IL extension application to Contract Purchase Officer,
Department of Defence Production, Ministry of Defence, D(DIP) Section, Sena Bhawan,
New Delhi.
Ahead of the Magnetic Maharashtra Summit in 2018, Maharashtra government
announced a number of new policies to make Maharashtra a desirable location for
investment. Aerospace and defence was one such policy. It will be valid for five years.
Policy Provisions of the Government of Maharashtra
Ÿ The state government wants to develop Nagpur MRO (Maintenance, Repair and
Operations) as a global hub for airlines by providing 100% reimbursement on SGST
on service parts and 50% VAT on ATF (Aviation Turbine Fuel). TATA tech has started
setting up a unit in Nagpur along with Vidharbha Defence Industries Association.
Ÿ Incentives will be as per Package Scheme of Incentives (TBA).
Ÿ Test range up to ceiling of 20% of total project cost or Rs. 100 Cr. (whichever is lower)
will be considered part of the FCI.
Ÿ Incentive period will be allowed to commence when product is accepted by Ministry of
Defence.
Ÿ Technical knowhow part of admissible FCI upto 20% of the ceiling or Rs. 100 cr.
whichever is lower.
Ÿ Reimbursement of stamp duty for land and term loan purposes.
28
Ÿ Concessions on Anchor Units
Anchor Units have to fulfill following conditions to qualify:
>> It should qualify as a mega or an ultra-mega project.
>> It should have confirmed order book of USD 100 millions as of date of application.
Anchor units will be offered land at 75% of the prevailing land rates in the MIDC area
in the A and B taluka. The similar offer will be made to other talukas at 50% with the
ceiling of 100 acres.
If any mega or ultra-mega unit obtains business completion certificate and commences
commercial production in the admissible development period, then it is eligible for
following concessions:
S. No.
Building Completion
Certificate
Concession
1. 50% to 75%
100% waiver from payment of
service charges and fire cess
+ 20% concession in water
charges.
2. 75% to 100%
100% waiver from payment of
service charges and fire cess
+ 30% concession in water
charges.
3. 100%
100% waiver from payment of
service charges and fire cess
+ 40% concession in water
charges.
(Source:di.maharashtra.gov.in/_layouts/15/doistaticsite/english/pdf/AerospaceandDefenc
e.pdf)
Ÿ MIDC will offer equity in form of land and financial assistance of 15% of project cost
upto 15 crores (Minimum investment of 100 crores required).
Ÿ Equity fund of Rs. 1000 cr. will be created for MSMEs.
Ÿ 200 acres of land will be earmarked for aerospace and defence parks and townships.
Ÿ Marketing Assistance:
>> Assistance to MSMEs for participation in international fairs 50% of rent upto Rs.
3,00,000;
>> Assistance to industry association upto Rs. 10,00,000;
>> Viability gap support of Rs 10,00,000 for national and Rs 25,00,000 for
international trade seminar/exhibition.
29
The corpus of Rs 1,000 crore would be managed by a professional fund manager and
used to provide working capital for the MSMEs in this sector.
Major Defense Hubs in Maharashtra:
Ÿ Arms and Component Manufacturing: Pune has numerous defense institute such as
DRDO Research Labs, Ordinance factories and industries like Mahindra , Tata motors
, Bharat Forge amongst others.
Ÿ Naval Defense: Being closer to ports , Mumbai and Pune have established ship
building manufacturers such as Mazgaon dock Ltd., L&T , NorthStar Shipbuilding
amongst others.
Ÿ Key Players: Selex Galileo, Ashok Leyland, Mahindra, Wipro, Kirloskar, Larsen &
Tubro, TATA Power, etc.
All applications for grant of license for manufacture of Small Arms (caliber upto 12.7 mm)
are to be made directly to Ministry of Home Affairs in Form A-6 along with security
clearances proforma manually to Under Secretary (Arms Section), Ministry of Home
Affairs, Major Dhyan Chand National Stadium, IInd floor, Near India Gate, New Delhi.
All applications for grant of license for manufacture of arms and ammunitions (caliber
above 12.7 mm) configured for defence purposes viz. tanks and other armored fighting
vehicles, defence aircrafts, spacecrafts, warships of all kinds, arms and ammunition and
allied items of defence equipment other than small arms as indicated in the schedule to
the MHA Notification dated 19.05.2017, are to be made to DIPP in Form A-6 at Industrial
License Section, Department of Industrial Policy and Promotion, Udyog Bhawan, New
Delhi. All other applications for the rest of the items which are not mentioned in the MHA
Notification dated 19.05.2017 but are mentioned in Press Note No. 3 of 2014 Series are
to be made online on ebiz portal provided at DIPP's website (www.dipp.nic.in).
Contact information:
Ÿ Investor Information:
https://defenceinvestorcell.gov.in/
Department of Defense Production,
Ministry of Defense
Contact No: +91-11-23019902
Ÿ To track approvals, addresses, investor queries and grievances:
Superintending Industries Officer,
Directorate of Industries (In Charge of Single Window System)
022 – 2262236
https://maitri.mahaonline.gov.in/AvailableServices/AvailableServices
30
Sources:
Ÿ Maharashtra Industrial Development Corporation
midcindia.org
Ÿ Aerospace and Defence Manufacturing Policy 2018
https://www.midcindia.org/documents/20181/26611/Defence.pdf/e3e13052-0201-
4eb3-9bb1-67cbecdfafea
Ÿ FAQ's regarding foreign investment:
https://m.rbi.org.in/Scripts/FAQView.aspx?Id=26#Q1)
Ÿ Livemint
www.livemint.com/Politics/fEux0qgXnOgi7kOMsJepkK/Maharashtra-unveils-defence-
and-aerospace-policy-to-attract.html
Ÿ Invest India
https://www.investindia.gov.in/frequently-asked-questions?category=7#tabs-70
Ÿ Make in India
http://www.makeinindia.com/sector/defence-manufacturing
Ÿ The Deccan Chronicle
https://www.deccanchronicle.com/business/companies/230718/tata-tech-vdia-to-set-
up-aerospace-and-defence-centre-in-nagpur.html
31
ESDM policy
®
Overview of Electronics Sector:
Due to revolution in telecom, IT and consumer electronics, India's electronics market has
been projected to grow at CAGR of 24% from 2014 to 2020. Eight electronic
manufacturing clusters have been notified in the state by the Government of India.
Within Pune, Talegoan and Khed are two well established ESDM Hubs. Excellent
connectivity of these locations to the two of India's largest ports – JNPT and MBPT,
connectivity, industrial infrastructure, strong presence of education institutes makes
these places attractive destination for ESDM (Electronic System Design Manufacturing)
sector. Dedicated clusters, policy support, strategic location, strong domestic market,
educational infrastructure, skilled labour and supplier/ vendor base are key growth
drivers of ESDM sector in Maharashtra. The electronics policy of Government of
Maharashtra will be valid for five years.
Key Players in the ESDM Sector: Blue Star, TCS, Kirloskar, Bharat Electronics, QLogic,
Schindler, Voltas, Nipro, LG, Philips, Godrej, etc.
Policy Provisions of the Government of Maharashtra
The Industrial units which are approved under the “Modified Special Incentive Package
Scheme” (M-SIPS) of Department of Electronics & Information Technology, Government
of India, will be eligible for incentives under this scheme. The scheme is available for
both new projects and expansion projects. The scheme provides capital subsidy of 20%
in SEZ (25% in non-SEZ) for units engaged in electronics manufacturing. It also provides
for reimbursements of CVD (Countervailing Duty)/ excise for capital equipment for the
non-SEZ units. The scheme is available for both new projects and expansion projects.
The scheme provides capital subsidy of 20% in SEZ (25% in non-SEZ) for units
engaged in electronics manufacturing. It also provides for reimbursements of CVD/
excise for capital equipment for the non-SEZ units. This scheme was valid till 2018. The
Industrial units which are not covered under the (M-SIPS) Scheme of Government of
India will be eligible for regular incentives under the Industrial Policy-2013.
32
Fiscal incentives shall be extended to eligible ESDM units under the umbrella of
Package Scheme of Incentives (PSI). According to the Industrial Policy 2019, MSMEs
get 30% to 100% (of FCI) for a period of 7 to 10 years. The incentives, if any, offered by
Government of India or any of its agencies or local bodies shall be over and above the
incentives offered under this policy.
Ÿ Industrial Promotion Subsidy: SGST paid on the first sale made within Maharashtra
(2019).
Ÿ Interest Subsidy: The quantum of interest subsidy will be calculated at effective rate of
interest, after deducting the interest subsidy receivable under any Govt. of India
scheme or 5% per annum, whichever is less, provided that minimum 7% effective
interest per annum is borne by the industrial unit.
Note:
Ÿ For the purpose of this assistance, bank's prime lending rate or the rate of interest
actually charged, minus penal interest if any, whichever is less, will be taken as the
effective interest rate.
Ÿ If any unit in 'A' & 'B' category area maintains permanent employees more than 1000
and in other category area maintains permanent employees more than 500, then for
such units 50% more interest subsidy than their eligible interest subsidy will be
offered.
Ÿ Power Tariff Subsidy: Eligible new ESDM units will be eligible for power tariff subsidy
to the
tune of Rs. 1/- per unit for a period of 3 years in category A and B areas and 5 years
in other
parts of state.
Ÿ Exemption from Electricity Duty: Eligible new ESDM units will be exempted from
paying
Electricity Duty for 15 years.
Ÿ Waiver of Stamp Duty: Eligible ESDM units will be exempted from payment of stamp
duty
during the investment period, for acquiring land and for term loan purposes. Subject to
condition that, units shall be required to submit NOC from competent Authority of
Directorate of
Industries.
33
Incentives for MSMEs:
Ÿ 25% one time subsidy on capital equipment for technology upgradation, limited to Rs.
25 lakh.
Ÿ 25% one time subsidy on capital equipment for cleaner production measures, limited
to Rs. 5 lakh.
Ÿ 75% subsidy on the expenses incurred on patent registration limited to Rs.10 lakh for
national patents and Rs. 25 lakh for the international patents.
Ÿ Assistance for a maximum of three industry standard quality certifications, at a rate of
50% of cost of quality certification within the overall ceiling of Rs. 6 lakh in 5 years.
The amount of assistance will include:
I) Fees charged by certification agency.
ii) Consulting fees and training charges.
iii) Cost of testing equipment as suggested by BIS.
iv) Calibration charges of equipment
Ÿ 75% of the cost of carrying out credit rating by Small Industries Development Bank of
India/Government accredited Credit Rating agency, limited to Rs. 50,000.
Disbursement: The amount of incentives under “Basket of Incentives” to be disbursed
to MSMEs and LEs every year will be limited to 1/10 of the total Basket of incentives
sanctioned, with the provision of carrying forward the differential between the actual
sanctioned amount for a given year and the yearly disbursement limit.
For example, if the unit is eligible for the total quantum of Rs.1000 and the E.C. period is
10 years, then actual incentives disbursed to such unit, shall not exceed Rs.100
(1000/10) in a given year even though the amount of total incentives sanctioned for that
year is more than Rs. 100. The difference (yearly sanctioned amount minus yearly
disbursement limit) can be carried forward for the Subsequent years of E. C. period,
such that the actual disbursement of incentives is not more than Rs.100 in any year.
For Mega Projects/Ultra Mega Projects, if the E.C. period is more than 10 years, the yearly limit
for disbursement shall be equal to the total quantum of incentives divided by the number of
years as per eligibility period, with the provision of carrying forward the differential between the
actual sanctioned amount for a given year and the yearly disbursement limit.
(maitri.mahaonline.gov.in/PDF/PackageSchemeofIncentives2013.pdf)
34
EMC scheme by GOI: Greenfield EMCs are given assistance as grant-in-aid equal to 50% of
project cost subject to a ceiling of Rs. 50.00 Cr. for every 100 acres of land. Minimum industry
contribution is 25% of the project cost. In such Greenfield EMCs approved by GoI, for every 100
acres of land, 15% of the project cost (by way of grant or by way of land) limited to Rs. 15
crores will be contributed by MIDC in MIDC areas and by State Government outside MIDC
areas.
Brownfield EMCs are given assistance equal to 75% of the project cost subject to a ceiling of
Rs. 50 crores by GoI. Minimum industry contribution is 15% of project cost. In such GoI
approved Brownfield EMCs, 10% of project cost limited to Rs.10 crores will be contributed by
MIDC in MIDC areas and by State Government outside MIDC areas.
The units shall be exempted from payment of Property Tax for a period of 10 years.
Note:
Ÿ Greenfield EMC is an undeveloped/underdeveloped geographical area, preferably
contiguous where the focus is on development of basic infrastructure, amenities and
other common facilities for the ESDM units. Common Facility Centre(CFC) in
Greenfield in Shendra Industrial Area, Aurangabad.
Ÿ Brownfield EMC is a geographical area where a significant number of existing ESDM
Units are located and the focus is on upgrading infrastructure and providing common
facilities for the EDM units. Common Facility Centre(CFC) in Brownfield EMC: MCCIA
Electronic Cluster Foundation, Pimpri Industrial Area, Pune.
Simplifications in Legislation
Relaxations under the Shops and Establishment Act with regard to working hours, work
shifts and employment of women, with her consent to work in shifts. Provided safety of
women employee will be responsibility of concerned management. Units are also
exempted from maintaining physical records for attendance and salary. ESDM Industry
will be declared as essential service under 'Maharashtra Essential Services and
Maintenance Act'.
Option for self-certification and filing of consolidated annual returns under 13 Acts
administered by the Labour Department.
(Self-certification:
https://mahakamgar.maharashtra.gov.in/writereaddata/Portal/Magazine/Document/1_63
9_1_self-certification.pdf)
35
Contact information:
Ÿ Dr. Harshadeep Kamble, I.A.S.
Secretary (Small & Medium Industries) &
Development Commissioner (Industries)
Government of Maharashtra Address:
Directorate of Industries,
New Administrative Building,
2nd Floor, Madame Cama Road,
Opp. Mantralaya, Mumbai – 400032
Email: didci@maharashtra.gov.in
Phone: (022) 22028100
Fax: (022) 22026826
Ÿ Regional office in pune:
Mr. V. L. Rajale
Joint Director of Industries
Address: Office of the Joint Director of Industries, (Pune Region)
Agriculture College Compound, Shivaji Nagar,
Pune-411005
Email: diropune@maharashtra.gov.in
Phone: (020) 25537729 / (020) 25537369
Fax: (020) 25537369
36
INFORMATION TECHNOLOGY
IT/ITeS Policy 2015
®
Overview:
The state government has announced the policy with incentives such as additional floor
space index, exemption for IT/ITeS companies from paying stamp duty, power to such
units at industrial rather than commercial rates, along with additional subsidies on
electricity tariffs and concessions on works contract tax and value added tax. IT is a
prominent sector in Maharashtra. It accounts for almost 30 percent of software exports in
the country. The Government of Maharashtra has recognized IT industry as an important
thrust area in the state and its primary objective will always be to provide a familiar and
friendly environment.
Policy Initiatives by the Government of Maharashtra:
Ÿ Incentives & Provisions for IT Parks/ IT SEZs / AVGC Parks
This policy will continue with following incentives & provisions.
Additional FSI and space utilization of IT Parks:
>> Upto 100% additional FSI shall be made available with or without premium as
follows:
Premium % of ready reckoner rate Area
10%
for all areas in the State other than areas in
Pune, Pimpri-Chinchwad, Greater Mumbai,
Thane, Navi Mumbai, Kalyan-Dombivali,
MiraBhayandar, Ulhasnagar municipal
corporations and Ambernath municipal
council and in No Industry Districts and
Naxalism affected areas of the State
30%
Pune, Pimpri-Chinchwad, Greater Mumbai,
Thane, Navi Mumbai, KalyanDombivali, Mira-
Bhayandar, Ulhasnagar municipal
corporations and Ambernath municipal
council areas.
37
>> Above 100 % and upto 200% additional FSI with access road of minimum 15
metres width, shall
be made available with or without premium as follows:
10%
for all areas in the State other than areas in Pune, Pimpri-
Chinchwad, Greater Mumbai, Thane, Navi Mumbai, Kalyan-
Dombivali, MiraBhayandar, Ulhasnagar municipal corporations and
Ambernath municipal council and in No Industry Districts and
Naxalism affected areas of the State
30%
Pune, Pimpri-Chinchwad, Greater Mumbai, Thane, Navi Mumbai,
KalyanDombivali, Mira-Bhayandar, Ulhasnagar municipal
corporations and Ambernath municipal council areas.
>> Maximum 20% Built up area (excluding parking area) will be permitted for support
services.
i) Electricity Tariff: Power consumed will be charged at industrial rate for the common
facilities in
the IT Park (Rs.8.03/ unit).
ii) Incentives for Development of Infrastructure - Creation of Critical Infrastructure
Fund for IT/ITES
Industries
iii) Penalty for use of built-up space for non-IT use in the IT Park: the payment will be
made to the
concerned planning authority and government in the ratio of 3:1.
Ÿ Fiscal Incentives for IT / ITES Units
>> Stamp Duty exemption: IT / ITES units, including IT Hardware and Telecom
Hardware
manufacturing units will be entitled to Stamp Duty exemption between 75 to 100%.
>> Electricity Duty: New IT / ITES units registered with the Directorate of Industries
will be exempt
from payment of Electricity Duty from the date of commencement of production /
activity for a
period of 10 to 15 years (depends on location).
INFORMATION TECHNOLOGY
38
INFORMATION TECHNOLOGY
>> Power Tariff Subsidy: New IT/ITES units located in areas other than A and B
areas will be eligible to get power tariff subsidy for 3 years @ Rs. 1/- per the
units in IT SEZs and IT parks in SEZs in these areas shall also be entitled for
this subsidy.
>> Property Tax: Property tax shall be levied at residential rates.
>> Entry Tax: Registered IT / ITES units shall be exempt from octroi / Local Body
Tax (LBT) / entry tax / escort tax or other cess or any tax levied in lieu of these
for the import of capital goods and raw material for self consumption by the unit.
>> Works Contract Tax: Works contract tax on annual maintenance agreements of
IT / ITES units shall generally be charged at the minimum rates.
>> Continuous Industry Status will be granted.
Promotion of Animation, Visual Effects, Gaming and Comics (AVGC):
AVGC is essentially an ITES activity and shall be eligible for the benefits admissible to
ITES:
Ÿ Establishment of Private AVGC Park in Maharashtra: All the incentives admissible to
the private IT parks shall be admissible to these private AVGC Parks
Ÿ Establishment of AVGC Centers
Ÿ Centre of Excellence: Centre of AVGC excellence would be set up on public private
partnership (PPP) mode in Mumbai/Pune for which Govt. will provide financial
assistance towards capital expenditure and purchase of equipment.
Ÿ Venture Capital Fund: A venture capital fund for AVGC sector would be set up with a
fund of Rs. 50 crores.
Ÿ Fiscal incentives & concessions for AVGC units: AVGC units will have following
concessions
>> Refund of certification charges: to the extent of 50% expenses subject to
maximum of Rs. 2 lacs per unit.
>> Capital Subsidy: Investment promotion subsidy as per industrial policy of the State.
Anchor unit subsidy equal to 25% of the fixed capital investment for an AVGC unit
with a minimum investment of Rs 50 crores & creating a minimum employment for
100 people. The fixed capital investment shall include investment in land, building,
machinery, equipments, electrification, pre-operative expenses capitalized
>> Exemption from Payment of Entertainment Tax in the State for animation films.
>> Capital Subsidy for production of animation films: The animation films produced in
the State will be given a capital subsidy equal to 50 % of the cost of production of
the film subject to a ceiling of Rs. 30 lakhs for creative art films, educational,
scientific, mythological and children's films.
39
>> Non – Fiscal Support: · State Government will encourage Joint Ventures
between Indian & Foreign entities. Support will be provided for international
events related to AVGC in Maharashtra. Intellectual Property (IP) will be
rotected through legal framework.
Promotion of Business Process Outsourcing (BPOs) in Rural and Semi-urban
Areas:
The subsidy would be provided only for business processing units that are located in
rural / semi
urban areas (village panchayat, A, B and C class municipalities) and its details are as
follows.
Ÿ Capital Subsidy: Capital subsidy of 20% would be provided on capital investments
such as cost of hardware, equipment etc., subject to a maximum of Rs. 25 lakhs to
any Rural BPO unit that has been directly employing a minimum of 50 trained seats in
the unit.
Ÿ Training Subsidy: Training subsidy would be shared by the company and the
Government. An amount of Rs. 1500/- per month per person for three months would
be provided as training subsidy by the Government (as the normal period of skill
building training for BPO is three months) unit after one year i.e. three months training
+ nine months of continuous employment.
INFORMATION TECHNOLOGY
Ÿ Exemption from Payments of Security Deposit / Earnest Money Deposit: The
Government shall provide exemption from payment of SD/ EMD as available now to
the SME Sector.
Promotion of Data Centers:
Government of Maharashtra is keen to promote Data Centres with special focus on
Mumbai. Data Centres with minimum 10,000 sq ft white / raised space and 750 KVA
power, within 2 yrs of operation, and designed for Tier 2 and above level certification by
an independent agency would be considered under this policy. The Data Centres will be
covered under Essential Services and Maintenance Act (ESMA) as an essential service
considering the nature and importance of operations involved which cannot be
interrupted.
Promotion of Entrepreneurship, Innovation and IT Incubation Facility:
Ÿ New IT Parks will be required to allocate at least 2% of the built-up area for providing
incubation facilities for new units
Ÿ Recruitment assistance of Rs. 2.5 lakh for 50 employing local students in Business
Incubation Laboratory/R&D Centre/ IT/ITES operation within 2 years.
40
Ÿ A registered IT/ITES MSME unit will be eligible for reimbursement of 50% exhibition
participation fee (space cost/rent) for exhibitions approved or organized by
NASSCOM & ITPO subject to a ceiling of Rs. 3 lakhs per unit and limited to two such
events during the lifetime of the unit/company.
Ÿ 50 % of the cost of filing patents will be reimbursed to micro, small and medium IT
units, subject to a maximum of Rs. 5 lakhs during the lifetime of the unit/company.
Promotion of Green IT:
Ÿ Awards will be instituted for demonstrated, efficient natural resource management by
IT units.
Ÿ The development of comprehensive e-waste collection and recycling systems and
their use by the State as well as private agencies for the disposal of IT products, will
be promoted.
Promotion of brand Maharashtra:
Ÿ 50% of the expenditure incurred for certification of CMM Level 2 upwards, IS0 27001
for security & COPC and eSCM certification, limited to a maximum of Rs. 5 lakh, will
be reimbursed to micro and small scale IT units under Package Scheme of Incentives.
Ÿ 50% of the expenditure incurred for the promotion of AVGC international and national
- markets, conferences & events in the fiscal year will be reimbursed to the AVGC
companies registered in Maharashtra on registration fee and travel costs limited to
Rs. 3 lakhs per annum and a maximum of Rs. 10 lakhs.
Ÿ The State's Information Technology Day will continue to be celebrated on 20th August
of every year, when awards will be presented to IT / ITES units for outstanding
contribution and performance.
INFORMATION TECHNOLOGY
Initiatives related to Laws of Ease for Doing Business:
Ÿ IT / ITES Units will benefit from:
>> Relaxation under the Shops and Establishment Act (The Act is designed to
regulate payment of wages, hours of work, leave, holidays, terms of service and
other work conditions of people employed in shop and commercial establishments)
with regard to working hours, work shifts and employment of women.
>> Exemption from maintaining physical records for attendance and salary.
>> Option for self-certification and filing of consolidated annual returns under 13 Acts
administered by the Labour Department.
41
Ÿ Provision for IT / ITES units to maintain employee-related records required under
various labour laws in electronic form, and acceptance of returns in electronic form
will be made in line with the progress of computerization in the Labour Department.
Ÿ IT/ITES units not discharging process effluent and employing less than 100
employees will be exempt from obtaining consent from MPCB. Such unit will be
required to submit annual statement to MPCB on disposal of wastes including
electronic wastes, used batteries, and used oil. These units will also have to be
connected to local sewage network.
Ÿ Relaxations under the Contract Labour Act which have been approved for units in
SEZs will be considered for all IT / ITES units outside also.
Ÿ IT/ITES units (other than IT hardware and Telecom hardware manufacturing units) will
be treated as continuous process units for the purposes of power supply.
Ÿ The Development Control Regulation (DCR) including of MIDC and other guidelines
for establishment of IT parks including in MIDC area shall be in consonance with the
IT / ITES policy.
INFORMATION TECHNOLOGY
Changes from the Government of Maharashtra's IT Policy of 2009:
In case of IT and ITeS Policy, comprehensive document was released comprising of
separate provisions on AVGC that gets capital subsidy of 25% and rural BPO's that get
20% subsidy. Major changes other than that were:
Ÿ Increase in FSI upto 200% from 100% with or without premium.
Ÿ Continuous industry status given to service the clients around the globe.
For further information:
https://di.maharashtra.gov.in/_layouts/15/DOIStaticSite/English/investors_guide_itpolicy.
html
For questions regarding GST:
http://www.gstcouncil.gov.in/sites/default/files/faq/sectoral-faq-it-ites.pdf
42
INFORMATION TECHNOLOGY
Contact information:
Ÿ Directorate of Information Technology,
Government of Maharashtra, 7th Floor, Mantralaya,
Mumbai 400032
Phone: 022-22044586
Ÿ Directorate of Industries
Dr.Harshadeep Kamble ,I.A.S.
Secretary (Small & Medium Industries) & Development Commissioner (Industries)
Government of Maharashtra
Address : Directorate of Industries, New Administrative Building, 2nd Floor, Madame
Cama Road,
Opp. Mantralaya, Mumbai – 400032.
Email: didci@maharashtra.gov.in
Phone: (022) 22028100
Fax: (022) 2202682
Sources:
Ÿ MIDC
https://www.midcindia.org/documents/20181/28829/MAHARASHTRA+IT+%26+ITES+
POLICY-2015.pdf/580cc1b5-4578-4ccd-b9c7-3a5f925a2ee0
Ÿ The Economic Times
//economictimes.indiatimes.com/articleshow/48706136.cms?from=mdr&utm_source=
contentofinterest&utm_medium=text&utm_campaign=cppst
Ÿ Directorate of Industries Official Website
https://di.maharashtra.gov.in/_layouts/15/DOIStaticSite/English/downloads.html
Ÿ Doing Business in Maharashtra
http://www.doingbusinessinmaharashtra.org/ITES.aspxnd%20Jewellery,%20Micro-
Electronics%20and%20Engineering%20Units%20-%202018%20.pdf
43
Textile Policy
®
Policy Provisions of the Government of Maharashtra and the Government of India:
Ÿ Co-operative Spinning Mills:
The scheme of government equity for co-operative spinning mills will be implemented
only in the cotton growing districts of the State. The cotton growing tehsils have been
identified in Aurangabad, Jalna, Parbhani, Hingoli, Nanded, Beed, Buldhana,
Amravati, Nagpur, Akola, Yavatmal, Wardha, Chandrapur, Nashik, Dhule, Nandurbar,
Jalgaonand Ahmednagardistricts of the state. The ratio of self-equity of co-operative
spinning mills, government equity and loan from financial institutions will be 10:30:60
instead of 5:40: 50.
One Time Exit Policy:
Co-operative spinning mills and co-operative powerloom societies will be allowed to
be privatized provided they are ready to return the government equity, loan and
interest thereupon. If there is any change in the industrial use of the land then an
amount will have to be paid to the government as per the prevailing rules.
Ÿ Powerlooms:
Powerloom schemes of Central Government:
>>PowerTex India (Comprehensive Scheme for Powerloom Sector Development)
Validity: 1 st April, 2017 and would be for a duration up to 31 March, 2020.
Eligibility: Powerloom units having upto 8 Looms.
Overview of Textile Sector:
The State has an excellent infrastructure to play a key role in the growth of the textiles
industry. It accounts for about 25 per cent of the country's cotton production. The State
contributes 10.4 per cent to the country's textile and apparels output. Also, the State
accounts for 11.1 per cent of the country's employment in the sector. As on September,
2017 there are 188 spinning & 36 composite textile mills in the State with installed
capacity of 48.39 lakh spindles and 43,863 rotors. It produces nearly 293 million kg of
cotton yarn which is nearly eight per cent of India's total production. During 2017, upto
September, 155 million kg of cotton yarn has been produced.
For further reading:
https://mahades.maharashtra.gov.in/files/publication/ESM_17_18_eng.pdf.
44
>> Pradhan Mantri Credit Scheme for Power loom Weavers
Eligibility: Existing individual power loom units (or) New individual / group
enterprises involved in weaving activity.
PMMY: Margin Money Subsidy @ 20% of project cost with a ceiling of Rs 1
lakh. Interest subvention @ 6% per year both for working capital and term loan
upto Rs 10 lakh for maximum period of 5 years.
>> Solar Energy Schemes for Power looms Eligibility:
– Power loom units having upto 8 Looms.
– Power loom permit / Acknowledgment issued by the concerned Regional
Office of the
Textile Commissioner.
– Units should have shade free roof top/ area.
Subsidy Chart:
45
>> Modified Comprehensive Powerloom Cluster Development Scheme
(MCPCDS)
Financial Assistance:
– Matching investment in the ratio of Government (60) : Private (40).
– Government of India provides subsidy of 60% of the project cost with
maximum ceiling upto Rs 50 crore.
For further reading: http://texmin.nic.in/schemes
Policy Provisions of State Government for Powerlooms:
Subsidy for modernization
Sr. No. Type of modernization Subsidy rate per loom
General
Category (35%)
Scheduled Casts
(20%)
Scheduled Tribes
(8%)
1
Conversion of Simple
Power loom to Semi
Automatic shuttle loom
Rs. 10,000/- Rs. 6,800/- Rs. 2,400/-
2
Conversion of Semi
Automatic shuttle loom
to Shuttle less rapier
loom
Rs. 17,500/- Rs. 10,000/- Rs. 4,000/-
3
Conversion of Simple
Power loom to Shuttle
less rapier loom
Rs. 28,000/- Rs. 16,000/- Rs. 6,400/-
(Source: Textile Policy 2018)
Ÿ Capital Subsidy in lieu of Interest Subsidy
46
Type of Textile
Processing
(Yarns,
Fabriic,
Printing)
Technical
Textile
knitting,
Hosiery &
Garmenting
Composite
Unit **
Spinning,
Ginning,
Pressing
Conversion of
old Plain Power
looms to
Shuttleless
Rapier looms or
looms based on
latest
technology
(Modernization
of Powerlooms)
New
Powerlooms
based on
latest
techonlogy
(Other than
plain
powerloom),
Weaving,
Preparatory,
Warping,
Sizing,Conni
ng, Twisting,
Doubling,
TFO & Other
Textile units
excluding
those
mentioned at
Col.2 to 5
1 2 3 4 5 6
% of
eligible
amount
% of eligible
amount
% of eligible
amount
% of eligible
amount
% of eligible
amount
Subsidy to
units in the
General
Category
40% 35% 25% 25% 25%
Subsidy to
units in the
SC/ST/Minority
Catagory
45% 40% 30% 30% 30%
Additional
Subsidy for
production of
Yarn, Fabric &
other Products
from Non-
Conventional
Yarn
10% 10% 10% - -
(Source: Textile Policy 2018)
47
5% additional capital subsidy for projects with investment of Rs. 500 crore and above. If
it is the first
project / pioneering project in that taluka then additional 5%, totaling to 10% capital
subsidy will be applicable.
Eligible Units:
>> Projects for which the long term loan has been approved for machinery under
the centrally sponsored TUFS scheme from the date of issuance of this
Government Resolution or the reafter till 31 March 2023.
>>Ginning and spinning projects for which the long term loan has been approved
till 31 March 2023 by banks / financial institutions and where the projects have
submitted Form-A on the State Government website.
Note:
New / Expansion / Diversification / Modernization self-financed textile projects will be
granted capital subsidy as per capital subsidy in lieu of Interest Subsidy Scheme.
Ÿ Textile Parks:
The scheme of providing Rs. 9 crore or 9% of project cost, whichever is lower, to the
projects by the State Government and those which are approved under Central
Government SITP scheme (Government Resolution dated 25 May 2012) will be
continued.
Ÿ Processing:
The Following additional subsidies will be applicable for textile projects in the Vidarbha,
Marathwada & North Maharashtra regions:
48
Type of Textile
% of eligible
amount
% of eligible
amount
% of eligible
amount
% of eligible
amount
% of eligible
amount
Additional Capital
subsidy
20% 10% 10% 10% 10%
Additional subsidy
for units having
Forward/Backward
Integration
5% - 5% - 5%
Additional subsidy
for units set up in
a Taluka not
having any
existing spinning
mills
- - 5% - -
5% Additional
subsidy for new
composite unit set
up in a Taluka not
having any Co-
Operative or
Private spinning
mills
- 5% - - -
(Source: Textile Policy 2018)
The existing State scheme of 25% of project cost or Rs. 37.5 crore whichever is lower
for projects approved under centrally sponsored IPDS scheme (Government Resolution
dated 10/02/2015) will be continued.
Ÿ Knitting, Hosiery and Garmenting:
Plug & play premises will be established by MIDC in each District / Taluka of
Vidarbha, Marathwada and North Maharashtra for setting up of knitting, hosiery and
garmenting units.
(Plug and play offices are equipped with modern facilities and technology and can
start functioning immediately after taking possession)
Ÿ Mega Projects:
New or expansion projects of the textile sector with investments of Rs. 100 crore or
generation of employment for at least 250 in any Taluka will be granted the status and
incentives of a mega project under the Industries Department's Packaged Scheme of
Incentives.
49
Ÿ Subsidy for Green Initiatives:
Additional 10% capital subsidy will be given for vegetable dyeing as well as producing
and using non-conventional and organic yarn. Further, to promote non-conventional
power (solar and wind), only transmission charges will be applicable for those non-
conventional power plants.
Ÿ Subsidy for Green Initiatives:
>> A subsidy of Rs. 3 per unit will be given to co-operative spinning mills for a period
of 3 years.
Within this period of 3 years the units will set up non-conventional power projects
to fulfil their
power needs. The restriction of 1 MW is removed from the net metering scheme.
The subsidy of
Rs. 3 per unit will not be applicable to open access. The subsidy will be reviewed
every year
and will be reduced to keep the overall annual subsidy burden within Rs. 150 crore.
>> A subsidy of Rs. 2 per unit will be given to powerlooms using power above 200 HP
>> Subsidy given to powerloom units using less than 27 HP, 27 to 200 HP and more
than 200 HP,
will similarly be applicable to garment, knitting and hosiery units.
>> A subsidy of Rs 2 per unit will be given to spinning mills (except co-operative
spinning mills),
processing units and all other textile units which are using more than 107 HP
power.
Ÿ Handloom Development:
The loan and the interest thereon given to the Maharashtra State Handloom
Corporation will be converted to government equity to strengthen the Maharashtra
State Handloom Corporation.
Schemes in Correspondence with the Central Government:
Ÿ TUF Scheme:
Capital Investment Subsidy rates (Central Government)
50
Sl. No. Segment Rate of Capital Investment Subsidy (CIS)
1 Garmenting, Technical Textiles
15 % Subject to an upper limit of Rs. 30
crores
2
Weaving for brand new Shuttle-less
Looms (including weaving preparatory
& knitting), Processing, Jute, Silk &
Handloom
10 % subject to an upper limits of 20 crores
3(a)
Composite unit/Multiple segments- If
the eligible capital investment in
respect of Garmenting & Technical
Textiles category is more than 50% of
the eligible project cost
15 % Subject to an upper limit of Rs. 30
crores
3(b)
Composite unit/Multiple segments- If
the eligible capital investment in
respect of Garmenting & Technical
Textiles category is less than 50% of
the eligible project cost
10 % subject to an upper limits of 20 crores
(Source:http://texmin.nic.in/sites/default/files/revised_atufs_guideline_02082018.pdf)
Ÿ Scheme for Integrated Textiles Parks (SITP):
The primary objective of the Scheme is to provide financial assistance to a group of
entrepreneurs to establish state-of-the-art infrastructure facilities in a cluster for
setting up their textile units, conforming to international environmental and social
standards and thereby mobilize private investment in the textile sector and generate
fresh employment opportunities.
(For further information:
http://texmin.nic.in/sites/default/files/SITP%20guidelines%202020%282%29.pdf)
Ÿ Integrated Power Development Scheme (IPDS):
The scheme was introduced by the central government for strengthening power sub-
transmission and distribution in the urban areas.
(For further information: https://powermin.nic.in/en/content/integrated-power-
development-schemeipds)
The policy is preceded by the Textile Policy 2011-17. The Textile Policy re-introduced in
2018 for a period of five years had the following changes from its previous counterpart:
Ÿ The ratio of self-equity of co-operative spinning mills, government equity and loan
from financial institutions will be 10:30:60 from 10:45:50 with an aim to provide timely
government equity to the co-operative spinning mills.
Ÿ Grants on modernization of powerlooms ranging from Rs. 28,000 to Rs. 6,400.
Change from percentage basis.
Ÿ Interest Subsidies range from 10 to 40% in the new policy and additional capital
subsidies lie between 5 to 20%. Earlier the scheme disbursed 7 to 10% depending on
the nature of textile industry.
Ÿ Disbursement of subsidies changed from 7 years to 3 years.
51
Ÿ The ratio of self-equity of co-operative spinning mills, government equity and loan
from financial institutions will be 10:30:60 from 10:45:50 with an aim to provide timely
government equity to the co-operative spinning mills.
Ÿ Grants on modernization of powerlooms ranging from Rs. 28,000 to Rs. 6,400.
Change from percentage basis.
Ÿ Interest Subsidies range from 10 to 40% in the new policy and additional capital
subsidies lie between 5 to 20%. Earlier the scheme disbursed 7 to 10% depending on
the nature of textile industry.
Ÿ Disbursement of subsidies changed from 7 years to 3 years.
Contact information:
Ÿ The Officer-in-Charge:
Regional Office of the Textile Commissioner, Kendriya Sadan, Near RBI Bank, CBD
Belapur, Navi Mumbai - 400614
Phone:022-27562629 Fax:022-27562629
Email: mumbai-rotxc@nic.in
Powerloom Service Centre:
The Officer-in-Charge, TXC - Powerloom Service Centre, Industrial Co-operative
Association Ltd., Kidwai Road, Dist. Nasik, Malegaon – 423203
Tel: 042554 – 230203
E-mail: malegaon-psc@nic.in
Ÿ The Officer-in-Charge:
TXC - Powerloom Service Centre, 2nd floor, N.S.Building, Civil Lines, Nagpur -
440001
Tel: 09702026770
E-mail: pscnagpur2015@gmail.com
Ÿ The Officer-in-Charge:
ATIRA-Powerloom Service Centre, Shree Vaishnav
Polytechnic M.O.G. Lines, Indore - 452009 The Officer-in-Charge, BTRA ,Powerloom
Service Centre, Somwar Peth, Adj. Post Office, Madhavnagar-416406 Dist - Sangli
Tel: 0233 – 2311490
For further information: https://mahatextile.maharashtra.gov.in/
52
Ÿ Office of the Textile Commissioner:
Govt. of India, Ministry of Textiles 48, Vithaldas Thackersey Marg, Nishtha Bhavan,
Mumbai – 400020
Tel : 022 - 22001050 | Fax : 022 – 22004693
E-mail: pdc.otxc@gmail.com | www.txcindia.gov.in
Ÿ Contact Information for Co-operation, Marketing and Textiles Department
Government of Maharashtra:
Mr. B.B. Chavhan, Joint Secretary
Co-operation, Marketing and Textiles Department Government of Maharashtra,3rd
Floor,Room No-315 Annex,Mantralaya,Mumbai-400 032.
Tel:022-22025159, +91 9867571269
E-mail:baliram.chavhan@nic.in
Sources:
Ÿ Co-operation, Marketing and Textiles Department Government of Maharashtra Official
Website
https://mahatextile.maharashtra.gov.in/
Ÿ Maharashtra Government Official Website
https://www.maharashtra.gov.in/Site/Upload/Government%20Resolutions/Marathi/201
802171625204302.pdf
Ÿ Textile Excellence
https://www.textileexcellence.com/news/trade-policy/maharashtra-launches-new-
textile-policy-2018-23-to-accelerate-growth/ess/maharashtra-government-again-
takes-steps-to-amend-apmc-act/article26029899.ece)
The above information has been collated by Mrinalini Kacker who is an Economic Policy Research intern at
MCCIA. She has pursued M.A. Economics from Symbiosis College of Arts and Commerce.
Disclaimer: All the information has been taken from the secondary sources. Details of these sources are already
mentioned.

More Related Content

What's hot

NULM Process Flow Chart PPT
NULM Process Flow Chart PPTNULM Process Flow Chart PPT
NULM Process Flow Chart PPTshalini Deo
 
INDIRA AWAAS YOJANA
INDIRA AWAAS YOJANAINDIRA AWAAS YOJANA
INDIRA AWAAS YOJANA
Bismi S
 
Indira awaas yojana (iay)
Indira awaas yojana (iay)Indira awaas yojana (iay)
Indira awaas yojana (iay)
Manoj Das
 
Climate change and internal variability in Europe
Climate change and internal variability in EuropeClimate change and internal variability in Europe
Climate change and internal variability in Europe
ipcc-media
 
Telecommunication industry analysis (india)
Telecommunication industry analysis (india)Telecommunication industry analysis (india)
Telecommunication industry analysis (india)
HarshitSingh378
 
Shyama prasad mukherji rurban mission
Shyama prasad mukherji rurban missionShyama prasad mukherji rurban mission
Shyama prasad mukherji rurban mission
Purva Saxena
 
Jeevika Village immersion programme
Jeevika Village immersion programmeJeevika Village immersion programme
Jeevika Village immersion programme
Pranav Mali
 
BHARTI AIRTEL PROJECT CVV - Nirupam Varma
BHARTI AIRTEL PROJECT CVV - Nirupam VarmaBHARTI AIRTEL PROJECT CVV - Nirupam Varma
BHARTI AIRTEL PROJECT CVV - Nirupam Varma
Bhupathi Raju Varma
 
02 obtectives of rural development
02 obtectives of rural development02 obtectives of rural development
02 obtectives of rural developmentMr.Allah Dad Khan
 
Report On Airtel & its Strategies
Report On Airtel & its StrategiesReport On Airtel & its Strategies
Report On Airtel & its Strategieskedarp83
 
Gst audit checklist
Gst audit checklistGst audit checklist
Gst audit checklist
Pranveet Kaur
 
Village Visit
Village VisitVillage Visit
Basix
BasixBasix
Basix
Rishi Raj
 
Bihar urban planning and development act 2012
Bihar urban planning and development act 2012Bihar urban planning and development act 2012
Bihar urban planning and development act 2012
Kumar Shriyanshu
 
14 intimation of disapproval - iod
14   intimation of disapproval - iod14   intimation of disapproval - iod
14 intimation of disapproval - iod
spandane
 
Company Report on Airtel
Company Report on AirtelCompany Report on Airtel
Company Report on Airtel
Shreya Mishra
 
BSNL: A STRATEGIC ANALYSIS
BSNL: A STRATEGIC ANALYSISBSNL: A STRATEGIC ANALYSIS
BSNL: A STRATEGIC ANALYSISANOOPA NARAYANAN
 
Marketing Strategies of Airtel - Project Report
Marketing Strategies of Airtel - Project ReportMarketing Strategies of Airtel - Project Report
Marketing Strategies of Airtel - Project Report
Sumit Goyal
 

What's hot (20)

NULM Process Flow Chart PPT
NULM Process Flow Chart PPTNULM Process Flow Chart PPT
NULM Process Flow Chart PPT
 
Report on airtel
Report on airtelReport on airtel
Report on airtel
 
INDIRA AWAAS YOJANA
INDIRA AWAAS YOJANAINDIRA AWAAS YOJANA
INDIRA AWAAS YOJANA
 
Indira awaas yojana (iay)
Indira awaas yojana (iay)Indira awaas yojana (iay)
Indira awaas yojana (iay)
 
Climate change and internal variability in Europe
Climate change and internal variability in EuropeClimate change and internal variability in Europe
Climate change and internal variability in Europe
 
Telecommunication industry analysis (india)
Telecommunication industry analysis (india)Telecommunication industry analysis (india)
Telecommunication industry analysis (india)
 
Shyama prasad mukherji rurban mission
Shyama prasad mukherji rurban missionShyama prasad mukherji rurban mission
Shyama prasad mukherji rurban mission
 
Jeevika Village immersion programme
Jeevika Village immersion programmeJeevika Village immersion programme
Jeevika Village immersion programme
 
BHARTI AIRTEL PROJECT CVV - Nirupam Varma
BHARTI AIRTEL PROJECT CVV - Nirupam VarmaBHARTI AIRTEL PROJECT CVV - Nirupam Varma
BHARTI AIRTEL PROJECT CVV - Nirupam Varma
 
NULM_Launch_Presentation
NULM_Launch_PresentationNULM_Launch_Presentation
NULM_Launch_Presentation
 
02 obtectives of rural development
02 obtectives of rural development02 obtectives of rural development
02 obtectives of rural development
 
Report On Airtel & its Strategies
Report On Airtel & its StrategiesReport On Airtel & its Strategies
Report On Airtel & its Strategies
 
Gst audit checklist
Gst audit checklistGst audit checklist
Gst audit checklist
 
Village Visit
Village VisitVillage Visit
Village Visit
 
Basix
BasixBasix
Basix
 
Bihar urban planning and development act 2012
Bihar urban planning and development act 2012Bihar urban planning and development act 2012
Bihar urban planning and development act 2012
 
14 intimation of disapproval - iod
14   intimation of disapproval - iod14   intimation of disapproval - iod
14 intimation of disapproval - iod
 
Company Report on Airtel
Company Report on AirtelCompany Report on Airtel
Company Report on Airtel
 
BSNL: A STRATEGIC ANALYSIS
BSNL: A STRATEGIC ANALYSISBSNL: A STRATEGIC ANALYSIS
BSNL: A STRATEGIC ANALYSIS
 
Marketing Strategies of Airtel - Project Report
Marketing Strategies of Airtel - Project ReportMarketing Strategies of Airtel - Project Report
Marketing Strategies of Airtel - Project Report
 

Similar to Maharashtra sectoral policies

Jammu kashmir industrial policy 2004
Jammu kashmir industrial policy 2004Jammu kashmir industrial policy 2004
Jammu kashmir industrial policy 2004Bakul Haria
 
Economy Stimulus Package
Economy Stimulus PackageEconomy Stimulus Package
Economy Stimulus Package
AshwathyNair23
 
140860102041 43 2140003
140860102041 43 2140003140860102041 43 2140003
140860102041 43 2140003
Saket Singh
 
Slide sILLUSTRATED OF UNION BUDGET 2017-18 (SECTOR WISE)hare
Slide sILLUSTRATED OF UNION BUDGET 2017-18 (SECTOR WISE)hareSlide sILLUSTRATED OF UNION BUDGET 2017-18 (SECTOR WISE)hare
Slide sILLUSTRATED OF UNION BUDGET 2017-18 (SECTOR WISE)hare
Amit Rahul
 
Champions Government Portal PPT
Champions Government Portal PPT Champions Government Portal PPT
Champions Government Portal PPT
HardikBhandari7
 
Indian budget 2018 19 ire perspective
Indian budget 2018 19 ire perspectiveIndian budget 2018 19 ire perspective
Indian budget 2018 19 ire perspective
CMA .Pankaj Jain
 
Madhya Pradesh Investment policy 2012
Madhya Pradesh Investment policy 2012Madhya Pradesh Investment policy 2012
Madhya Pradesh Investment policy 2012Bakul Haria
 
Atmnibhar PPT Pune Final 1.pdf
Atmnibhar PPT Pune Final 1.pdfAtmnibhar PPT Pune Final 1.pdf
Atmnibhar PPT Pune Final 1.pdf
SandeepParakh3
 
Bihar Industrial Policy. 2011
Bihar Industrial Policy. 2011Bihar Industrial Policy. 2011
Bihar Industrial Policy. 2011Bakul Haria
 
Gujarat Industrial Policy, 2020
Gujarat Industrial Policy, 2020Gujarat Industrial Policy, 2020
Gujarat Industrial Policy, 2020
Nitin Pahilwani
 
Gujarat Industrial Policy, 2020
Gujarat Industrial Policy, 2020Gujarat Industrial Policy, 2020
Gujarat Industrial Policy, 2020
N Pahilwani & Associates
 
Maharashtra Industrial Subsidies & Professional Opportunities By CA G. B. Mod...
Maharashtra Industrial Subsidies & Professional Opportunities By CA G. B. Mod...Maharashtra Industrial Subsidies & Professional Opportunities By CA G. B. Mod...
Maharashtra Industrial Subsidies & Professional Opportunities By CA G. B. Mod...
CA G B Modi
 
Highlight of budget 2017
Highlight of budget 2017Highlight of budget 2017
Highlight of budget 2017
FinIdeas Management Solutions Pvt. Ltd.
 
Incentivs, Benefits.pptx, Buisness strategies, marketing mix
Incentivs, Benefits.pptx, Buisness strategies, marketing mixIncentivs, Benefits.pptx, Buisness strategies, marketing mix
Incentivs, Benefits.pptx, Buisness strategies, marketing mix
SomnathDas457711
 
Final budget
Final budgetFinal budget
Final budget
Meda Rao
 
[UPDATED] Gujarat Industrial Policy, 2020
[UPDATED] Gujarat Industrial Policy, 2020[UPDATED] Gujarat Industrial Policy, 2020
[UPDATED] Gujarat Industrial Policy, 2020
N Pahilwani & Associates
 
[UPDATED] Gujarat Industrial Policy, 2020
[UPDATED] Gujarat Industrial Policy, 2020[UPDATED] Gujarat Industrial Policy, 2020
[UPDATED] Gujarat Industrial Policy, 2020
Nitin Pahilwani
 
India Union Budget 2019 - 2020
India Union Budget 2019 - 2020India Union Budget 2019 - 2020
India Union Budget 2019 - 2020
Aklanta Kalita
 
C.PARAMASIVAN ,PERIYAR EVR COLLEGE , TIRUCHIRAPPALLI Financial inclusion and ...
C.PARAMASIVAN ,PERIYAR EVR COLLEGE , TIRUCHIRAPPALLI Financial inclusion and ...C.PARAMASIVAN ,PERIYAR EVR COLLEGE , TIRUCHIRAPPALLI Financial inclusion and ...
C.PARAMASIVAN ,PERIYAR EVR COLLEGE , TIRUCHIRAPPALLI Financial inclusion and ...
chelliah paramasivan
 
Package Scheme of incentives 2013
Package Scheme of incentives  2013Package Scheme of incentives  2013
Package Scheme of incentives 2013
GoverdhanModi
 

Similar to Maharashtra sectoral policies (20)

Jammu kashmir industrial policy 2004
Jammu kashmir industrial policy 2004Jammu kashmir industrial policy 2004
Jammu kashmir industrial policy 2004
 
Economy Stimulus Package
Economy Stimulus PackageEconomy Stimulus Package
Economy Stimulus Package
 
140860102041 43 2140003
140860102041 43 2140003140860102041 43 2140003
140860102041 43 2140003
 
Slide sILLUSTRATED OF UNION BUDGET 2017-18 (SECTOR WISE)hare
Slide sILLUSTRATED OF UNION BUDGET 2017-18 (SECTOR WISE)hareSlide sILLUSTRATED OF UNION BUDGET 2017-18 (SECTOR WISE)hare
Slide sILLUSTRATED OF UNION BUDGET 2017-18 (SECTOR WISE)hare
 
Champions Government Portal PPT
Champions Government Portal PPT Champions Government Portal PPT
Champions Government Portal PPT
 
Indian budget 2018 19 ire perspective
Indian budget 2018 19 ire perspectiveIndian budget 2018 19 ire perspective
Indian budget 2018 19 ire perspective
 
Madhya Pradesh Investment policy 2012
Madhya Pradesh Investment policy 2012Madhya Pradesh Investment policy 2012
Madhya Pradesh Investment policy 2012
 
Atmnibhar PPT Pune Final 1.pdf
Atmnibhar PPT Pune Final 1.pdfAtmnibhar PPT Pune Final 1.pdf
Atmnibhar PPT Pune Final 1.pdf
 
Bihar Industrial Policy. 2011
Bihar Industrial Policy. 2011Bihar Industrial Policy. 2011
Bihar Industrial Policy. 2011
 
Gujarat Industrial Policy, 2020
Gujarat Industrial Policy, 2020Gujarat Industrial Policy, 2020
Gujarat Industrial Policy, 2020
 
Gujarat Industrial Policy, 2020
Gujarat Industrial Policy, 2020Gujarat Industrial Policy, 2020
Gujarat Industrial Policy, 2020
 
Maharashtra Industrial Subsidies & Professional Opportunities By CA G. B. Mod...
Maharashtra Industrial Subsidies & Professional Opportunities By CA G. B. Mod...Maharashtra Industrial Subsidies & Professional Opportunities By CA G. B. Mod...
Maharashtra Industrial Subsidies & Professional Opportunities By CA G. B. Mod...
 
Highlight of budget 2017
Highlight of budget 2017Highlight of budget 2017
Highlight of budget 2017
 
Incentivs, Benefits.pptx, Buisness strategies, marketing mix
Incentivs, Benefits.pptx, Buisness strategies, marketing mixIncentivs, Benefits.pptx, Buisness strategies, marketing mix
Incentivs, Benefits.pptx, Buisness strategies, marketing mix
 
Final budget
Final budgetFinal budget
Final budget
 
[UPDATED] Gujarat Industrial Policy, 2020
[UPDATED] Gujarat Industrial Policy, 2020[UPDATED] Gujarat Industrial Policy, 2020
[UPDATED] Gujarat Industrial Policy, 2020
 
[UPDATED] Gujarat Industrial Policy, 2020
[UPDATED] Gujarat Industrial Policy, 2020[UPDATED] Gujarat Industrial Policy, 2020
[UPDATED] Gujarat Industrial Policy, 2020
 
India Union Budget 2019 - 2020
India Union Budget 2019 - 2020India Union Budget 2019 - 2020
India Union Budget 2019 - 2020
 
C.PARAMASIVAN ,PERIYAR EVR COLLEGE , TIRUCHIRAPPALLI Financial inclusion and ...
C.PARAMASIVAN ,PERIYAR EVR COLLEGE , TIRUCHIRAPPALLI Financial inclusion and ...C.PARAMASIVAN ,PERIYAR EVR COLLEGE , TIRUCHIRAPPALLI Financial inclusion and ...
C.PARAMASIVAN ,PERIYAR EVR COLLEGE , TIRUCHIRAPPALLI Financial inclusion and ...
 
Package Scheme of incentives 2013
Package Scheme of incentives  2013Package Scheme of incentives  2013
Package Scheme of incentives 2013
 

More from MCCIA Pune

Data at the National Chemical Laboratory
Data at the National Chemical LaboratoryData at the National Chemical Laboratory
Data at the National Chemical Laboratory
MCCIA Pune
 
Can Pune Really be Silicon Valley of India
Can Pune Really be Silicon Valley of IndiaCan Pune Really be Silicon Valley of India
Can Pune Really be Silicon Valley of India
MCCIA Pune
 
MCCIA Report: Pune - Industry 4.0 Capital of India in the Making
MCCIA Report: Pune - Industry 4.0 Capital of India in the MakingMCCIA Report: Pune - Industry 4.0 Capital of India in the Making
MCCIA Report: Pune - Industry 4.0 Capital of India in the Making
MCCIA Pune
 
Insulating India against trade wars
Insulating India against trade warsInsulating India against trade wars
Insulating India against trade wars
MCCIA Pune
 
Brand Revitalization: An article in our Sampada, December 2019 edition
Brand Revitalization: An article in our Sampada, December 2019 edition Brand Revitalization: An article in our Sampada, December 2019 edition
Brand Revitalization: An article in our Sampada, December 2019 edition
MCCIA Pune
 
Maharashtra's Export Potential
Maharashtra's Export PotentialMaharashtra's Export Potential
Maharashtra's Export Potential
MCCIA Pune
 
Is the Future Local!
Is the Future Local!Is the Future Local!
Is the Future Local!
MCCIA Pune
 
Blockchain in International Trade
Blockchain in International TradeBlockchain in International Trade
Blockchain in International Trade
MCCIA Pune
 
ZED enhancing the global competitiveness for export promotion: A drive by Gov...
ZED enhancing the global competitiveness for export promotion: A drive by Gov...ZED enhancing the global competitiveness for export promotion: A drive by Gov...
ZED enhancing the global competitiveness for export promotion: A drive by Gov...
MCCIA Pune
 
The world is changing - Article by Ajay Mehta
The world is changing - Article by Ajay MehtaThe world is changing - Article by Ajay Mehta
The world is changing - Article by Ajay Mehta
MCCIA Pune
 
Tourism Branding: An article in our Sampada - May 2019 edition
Tourism Branding: An article in our Sampada - May 2019 editionTourism Branding: An article in our Sampada - May 2019 edition
Tourism Branding: An article in our Sampada - May 2019 edition
MCCIA Pune
 
Innovation Culture in Business, published in MCCIA's Sampada, Jan.2019 edition
Innovation Culture in Business, published in MCCIA's Sampada, Jan.2019 editionInnovation Culture in Business, published in MCCIA's Sampada, Jan.2019 edition
Innovation Culture in Business, published in MCCIA's Sampada, Jan.2019 edition
MCCIA Pune
 
MCCIA News - August 2019
MCCIA News - August 2019MCCIA News - August 2019
MCCIA News - August 2019
MCCIA Pune
 
MCCIA News for August 2019
MCCIA News for August 2019MCCIA News for August 2019
MCCIA News for August 2019
MCCIA Pune
 
How to Foster Innovation
How to Foster InnovationHow to Foster Innovation
How to Foster Innovation
MCCIA Pune
 
D - for Discipline, E - for Efforts
D - for Discipline, E - for EffortsD - for Discipline, E - for Efforts
D - for Discipline, E - for Efforts
MCCIA Pune
 
Team dynamics for skill and performance management of Technology deployment i...
Team dynamics for skill and performance management of Technology deployment i...Team dynamics for skill and performance management of Technology deployment i...
Team dynamics for skill and performance management of Technology deployment i...
MCCIA Pune
 
Creating and Sustaining Culture in Start-Ups
Creating and Sustaining Culture in Start-UpsCreating and Sustaining Culture in Start-Ups
Creating and Sustaining Culture in Start-Ups
MCCIA Pune
 
Leading Change: The Intrapreneur Way!
Leading Change: The Intrapreneur Way!Leading Change: The Intrapreneur Way!
Leading Change: The Intrapreneur Way!
MCCIA Pune
 
MCCIA_Agriculture & Agribusiness Committee
MCCIA_Agriculture & Agribusiness CommitteeMCCIA_Agriculture & Agribusiness Committee
MCCIA_Agriculture & Agribusiness Committee
MCCIA Pune
 

More from MCCIA Pune (20)

Data at the National Chemical Laboratory
Data at the National Chemical LaboratoryData at the National Chemical Laboratory
Data at the National Chemical Laboratory
 
Can Pune Really be Silicon Valley of India
Can Pune Really be Silicon Valley of IndiaCan Pune Really be Silicon Valley of India
Can Pune Really be Silicon Valley of India
 
MCCIA Report: Pune - Industry 4.0 Capital of India in the Making
MCCIA Report: Pune - Industry 4.0 Capital of India in the MakingMCCIA Report: Pune - Industry 4.0 Capital of India in the Making
MCCIA Report: Pune - Industry 4.0 Capital of India in the Making
 
Insulating India against trade wars
Insulating India against trade warsInsulating India against trade wars
Insulating India against trade wars
 
Brand Revitalization: An article in our Sampada, December 2019 edition
Brand Revitalization: An article in our Sampada, December 2019 edition Brand Revitalization: An article in our Sampada, December 2019 edition
Brand Revitalization: An article in our Sampada, December 2019 edition
 
Maharashtra's Export Potential
Maharashtra's Export PotentialMaharashtra's Export Potential
Maharashtra's Export Potential
 
Is the Future Local!
Is the Future Local!Is the Future Local!
Is the Future Local!
 
Blockchain in International Trade
Blockchain in International TradeBlockchain in International Trade
Blockchain in International Trade
 
ZED enhancing the global competitiveness for export promotion: A drive by Gov...
ZED enhancing the global competitiveness for export promotion: A drive by Gov...ZED enhancing the global competitiveness for export promotion: A drive by Gov...
ZED enhancing the global competitiveness for export promotion: A drive by Gov...
 
The world is changing - Article by Ajay Mehta
The world is changing - Article by Ajay MehtaThe world is changing - Article by Ajay Mehta
The world is changing - Article by Ajay Mehta
 
Tourism Branding: An article in our Sampada - May 2019 edition
Tourism Branding: An article in our Sampada - May 2019 editionTourism Branding: An article in our Sampada - May 2019 edition
Tourism Branding: An article in our Sampada - May 2019 edition
 
Innovation Culture in Business, published in MCCIA's Sampada, Jan.2019 edition
Innovation Culture in Business, published in MCCIA's Sampada, Jan.2019 editionInnovation Culture in Business, published in MCCIA's Sampada, Jan.2019 edition
Innovation Culture in Business, published in MCCIA's Sampada, Jan.2019 edition
 
MCCIA News - August 2019
MCCIA News - August 2019MCCIA News - August 2019
MCCIA News - August 2019
 
MCCIA News for August 2019
MCCIA News for August 2019MCCIA News for August 2019
MCCIA News for August 2019
 
How to Foster Innovation
How to Foster InnovationHow to Foster Innovation
How to Foster Innovation
 
D - for Discipline, E - for Efforts
D - for Discipline, E - for EffortsD - for Discipline, E - for Efforts
D - for Discipline, E - for Efforts
 
Team dynamics for skill and performance management of Technology deployment i...
Team dynamics for skill and performance management of Technology deployment i...Team dynamics for skill and performance management of Technology deployment i...
Team dynamics for skill and performance management of Technology deployment i...
 
Creating and Sustaining Culture in Start-Ups
Creating and Sustaining Culture in Start-UpsCreating and Sustaining Culture in Start-Ups
Creating and Sustaining Culture in Start-Ups
 
Leading Change: The Intrapreneur Way!
Leading Change: The Intrapreneur Way!Leading Change: The Intrapreneur Way!
Leading Change: The Intrapreneur Way!
 
MCCIA_Agriculture & Agribusiness Committee
MCCIA_Agriculture & Agribusiness CommitteeMCCIA_Agriculture & Agribusiness Committee
MCCIA_Agriculture & Agribusiness Committee
 

Recently uploaded

Attending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learnersAttending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learners
Erika906060
 
Business Valuation Principles for Entrepreneurs
Business Valuation Principles for EntrepreneursBusiness Valuation Principles for Entrepreneurs
Business Valuation Principles for Entrepreneurs
Ben Wann
 
Improving profitability for small business
Improving profitability for small businessImproving profitability for small business
Improving profitability for small business
Ben Wann
 
April 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products NewsletterApril 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products Newsletter
NathanBaughman3
 
CADAVER AS OUR FIRST TEACHER anatomt in your.pptx
CADAVER AS OUR FIRST TEACHER anatomt in your.pptxCADAVER AS OUR FIRST TEACHER anatomt in your.pptx
CADAVER AS OUR FIRST TEACHER anatomt in your.pptx
fakeloginn69
 
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
BBPMedia1
 
Taurus Zodiac Sign_ Personality Traits and Sign Dates.pptx
Taurus Zodiac Sign_ Personality Traits and Sign Dates.pptxTaurus Zodiac Sign_ Personality Traits and Sign Dates.pptx
Taurus Zodiac Sign_ Personality Traits and Sign Dates.pptx
my Pandit
 
Accpac to QuickBooks Conversion Navigating the Transition with Online Account...
Accpac to QuickBooks Conversion Navigating the Transition with Online Account...Accpac to QuickBooks Conversion Navigating the Transition with Online Account...
Accpac to QuickBooks Conversion Navigating the Transition with Online Account...
PaulBryant58
 
Set off and carry forward of losses and assessment of individuals.pptx
Set off and carry forward of losses and assessment of individuals.pptxSet off and carry forward of losses and assessment of individuals.pptx
Set off and carry forward of losses and assessment of individuals.pptx
HARSHITHV26
 
Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)
Lviv Startup Club
 
Affordable Stationery Printing Services in Jaipur | Navpack n Print
Affordable Stationery Printing Services in Jaipur | Navpack n PrintAffordable Stationery Printing Services in Jaipur | Navpack n Print
Affordable Stationery Printing Services in Jaipur | Navpack n Print
Navpack & Print
 
anas about venice for grade 6f about venice
anas about venice for grade 6f about veniceanas about venice for grade 6f about venice
anas about venice for grade 6f about venice
anasabutalha2013
 
BeMetals Presentation_May_22_2024 .pdf
BeMetals Presentation_May_22_2024   .pdfBeMetals Presentation_May_22_2024   .pdf
BeMetals Presentation_May_22_2024 .pdf
DerekIwanaka1
 
Buy Verified PayPal Account | Buy Google 5 Star Reviews
Buy Verified PayPal Account | Buy Google 5 Star ReviewsBuy Verified PayPal Account | Buy Google 5 Star Reviews
Buy Verified PayPal Account | Buy Google 5 Star Reviews
usawebmarket
 
India Orthopedic Devices Market: Unlocking Growth Secrets, Trends and Develop...
India Orthopedic Devices Market: Unlocking Growth Secrets, Trends and Develop...India Orthopedic Devices Market: Unlocking Growth Secrets, Trends and Develop...
India Orthopedic Devices Market: Unlocking Growth Secrets, Trends and Develop...
Kumar Satyam
 
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
BBPMedia1
 
FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134
LR1709MUSIC
 
Exploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social DreamingExploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social Dreaming
Nicola Wreford-Howard
 
Premium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern BusinessesPremium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern Businesses
SynapseIndia
 
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
taqyed
 

Recently uploaded (20)

Attending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learnersAttending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learners
 
Business Valuation Principles for Entrepreneurs
Business Valuation Principles for EntrepreneursBusiness Valuation Principles for Entrepreneurs
Business Valuation Principles for Entrepreneurs
 
Improving profitability for small business
Improving profitability for small businessImproving profitability for small business
Improving profitability for small business
 
April 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products NewsletterApril 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products Newsletter
 
CADAVER AS OUR FIRST TEACHER anatomt in your.pptx
CADAVER AS OUR FIRST TEACHER anatomt in your.pptxCADAVER AS OUR FIRST TEACHER anatomt in your.pptx
CADAVER AS OUR FIRST TEACHER anatomt in your.pptx
 
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
 
Taurus Zodiac Sign_ Personality Traits and Sign Dates.pptx
Taurus Zodiac Sign_ Personality Traits and Sign Dates.pptxTaurus Zodiac Sign_ Personality Traits and Sign Dates.pptx
Taurus Zodiac Sign_ Personality Traits and Sign Dates.pptx
 
Accpac to QuickBooks Conversion Navigating the Transition with Online Account...
Accpac to QuickBooks Conversion Navigating the Transition with Online Account...Accpac to QuickBooks Conversion Navigating the Transition with Online Account...
Accpac to QuickBooks Conversion Navigating the Transition with Online Account...
 
Set off and carry forward of losses and assessment of individuals.pptx
Set off and carry forward of losses and assessment of individuals.pptxSet off and carry forward of losses and assessment of individuals.pptx
Set off and carry forward of losses and assessment of individuals.pptx
 
Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)
 
Affordable Stationery Printing Services in Jaipur | Navpack n Print
Affordable Stationery Printing Services in Jaipur | Navpack n PrintAffordable Stationery Printing Services in Jaipur | Navpack n Print
Affordable Stationery Printing Services in Jaipur | Navpack n Print
 
anas about venice for grade 6f about venice
anas about venice for grade 6f about veniceanas about venice for grade 6f about venice
anas about venice for grade 6f about venice
 
BeMetals Presentation_May_22_2024 .pdf
BeMetals Presentation_May_22_2024   .pdfBeMetals Presentation_May_22_2024   .pdf
BeMetals Presentation_May_22_2024 .pdf
 
Buy Verified PayPal Account | Buy Google 5 Star Reviews
Buy Verified PayPal Account | Buy Google 5 Star ReviewsBuy Verified PayPal Account | Buy Google 5 Star Reviews
Buy Verified PayPal Account | Buy Google 5 Star Reviews
 
India Orthopedic Devices Market: Unlocking Growth Secrets, Trends and Develop...
India Orthopedic Devices Market: Unlocking Growth Secrets, Trends and Develop...India Orthopedic Devices Market: Unlocking Growth Secrets, Trends and Develop...
India Orthopedic Devices Market: Unlocking Growth Secrets, Trends and Develop...
 
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
 
FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134
 
Exploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social DreamingExploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social Dreaming
 
Premium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern BusinessesPremium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern Businesses
 
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
 

Maharashtra sectoral policies

  • 2. 2 Index 1. Incentive for Development of Integrated Industrial Area 2. SC and ST Entrepreneur 3. Women Entrepreneur 2017 4. Electric Vehicle Policy 5. FinTech Policy 2018 6. Logistics Parks 2018 7. Coir Policy 2018 8. Industrial Parks 2018 9. Retail Policy 10. Aerospace and Defence 11. Electronics Policy – 2016 12. IT and ITES 2015 13. Textile Policy 8 10 12 14 17 20 23 26 29 32 36 41 48 Maharashtra Sectoral Policies
  • 3. 3 IIA Policy Government of Maharashtra released a slew of policies after the magnetic Maharashtra summit in 2018 and a policy for integrated industrial area was a part of it. The policy is an attempt made by the state government to make Maharashtra a viable choice for the industries and stop their migration to other states. Policy Provisions of the Government of Maharashtra: Ÿ Relaxation in Minimum Area required for integrated industrial area As per Development Control Rule of IIA, the minimum area required for 'Integrated Industrial Area' is 40 Hectares (100 acre). However, relaxation will be given of area requirement for not more than 20 hectares will be considered depending on location, difficulty of acquisition of land, availability of continuously available area. Ÿ Relaxation in minimum width Approach road Minimum 24 meter width entry road should be available for declaration of 'Integrated Industrial Area' as per Development Control Rule. Relaxation of not more than 12 meter will be considered in case of above mentioned difficulties. Ÿ Concession in stamp duty A concession to the extent of 50% will be given to an established IIA for purchase land to project proponent/s. Ÿ Grant of Government land If government land is required for contiguity and the required land is free from all encumbrances then government will allot the land to MIDC as per the prevailing policy of Revenue and Forest Department, GOM. This land then can be allotted to the developer by MIDC. Ÿ Permissible Floor Space Index (FSI) Additional FSI will be in accordance with the special township policy. 25% of additional FSI is permissible if minimum road width is 18 meters. Ÿ Electricity Supply In case power requirement of all the units of IIA or some units is more than 1 MW, then developer of IIA can erect its own infrastructure or supply electricity to its units after obtaining the same via open access. Also, captive power generation will be allowed. Ÿ Exemption in Payment of development charges MIDC will levy 50% on development charges as per the notification of Urban Development Department and if any exemptions are made, IIA will be subjected to those too. ®
  • 4. 4 For further information: Ÿ Ministry of Industries, Energy and Labour, Government of Maharashtra, Mantralaya, Mumbai Contact no.: (91-22) 22025393 Ÿ Dr.Harshadeep Kamble ,I.A.S. Secretary (Small & Medium Industries) & Development Commissioner (Industries) Government of Maharashtra Address: Directorate of Industries, New Administrative Building, 2nd Floor, Madame Cama Road, Opp. Mantralaya, Mumbai – 400032 Email: didci@maharashtra.gov.in Phone: (022) 22028100 Fax: (022) 22026826 Ÿ DIC (Pune ) - Mr. K. G. Dekate Address: District Industries Centre, Pune. Agriculture College Compound, Shivaji Nagar, Pune-411005. Email: didicpune@maharashtra.gov.in Phone: (020) 25537541 / (020) 25537369 Fax: (020) 25539587 Sources: Ÿ Directorate of Industries official website https://di.maharashtra.gov.in/_layouts/15/DOIStaticSite/English/pdf/IncentiveOfDevelo pmentPolicy.pdf Ÿ DNA https://www.dnaindia.com/mumbai/report-maharashtra-cabinet-approves-policy-for- integrated-industrial-area-2584776 Ÿ Maharshtra Government Official Website https://www.maharashtra.gov.in/Site/Upload/Acts%20Rules/Marathi/compressed_Noti fication.......wowutrewot.pdf
  • 5. 5 SC and ST Entrepreneurs sc/st entrepreneurs On the 125th birthday of Dr. Babasaheb Ambedkar, special package scheme of incentives were announced for SC/ST entrepreneur to promote social inclusion. The special package of incentives will be over and above the existing Entrepreneurship Development Schemes and Package Scheme of Incentives (to be announced). Definition of SC/ST entrepreneur: Ÿ Proprietary unit - 100% stake by SC/ST Entrepreneur. Ÿ Partnership firm - SC/ST partners having 100% stake in the firm. Ÿ Co-operative sector - Enterprise having 100% members from SC or ST category or combination of both categories as registered as per Co-operative Society Act. Ÿ Private limited / Public limited - Promoter & Director SC/ST entrepreneurs having 100% controlling stake in the Company. Note: Ÿ Controlling stake should not be reduced during the operative period as per the PSI 2013 GR. Ÿ The scheme will be applicable for manufacturing and IT/ITES industries set up by the SC/ST entrepreneurs. Policy Provisions: Ÿ Allotment of land: MIDC will allot 20% plots to SC/ST entrepreneurs in MSME sector out of total plots available for allotment to MSMEs. MIDC will allot Land to SC/ST entrepreneurs on priority by maintaining a separate seniority list. Ÿ Rebate on Cost of Land Land Rebate Ceiling (in Rs.) MIDC areas 30% 10 lakhs Other areas 20% 5 lakhs Ÿ State Government with the help of SIDBI has created venture capital fund of INR 200 crore for giving assistance to start up units. This venture fund will support for SC/ST entrepreneurs as a viability gap funding for new units (SIDBI MS Fund: http://www.sidbiventure.co.in/ms_fund.html). Ÿ New eligible units in MSME sector will be given capital subsidy for all zones in the State in the range from 15% to 30% of Fixed Capital Capital Subsidy will be given within the limits of Rs. 15 lakhs to Rs. 30 lakhs as per the zones in 5 equal installment with effect from date of production. ®
  • 6. 6 Ÿ Power Tariff Subsidy for eligible MSMEs: epreneurship Development Schemes and Package Scheme of Incentives (to be announced). Area/Districts Subsidy per unit (in Rs.) Duration Vidharbha, Marathwada and north Maharashtra and for the districts of Raigad, Ratnagiri and Sindhudurg in Konkan region 2 5 Years In other areas 1 5 Years Ÿ Interest Subsidy: The amount of interest subsidy will be calculated at effective rate of interest, after deducting the interest subsidy receivable from any institution or under any Govt. of India scheme and the penal/compound interest or 5% per annum, whichever is less. The quantum of interest subsidy payable every year will not exceed double the amount of bills paid for electricity consumed during the relevant year. Ÿ State Government will promote 10 clusters for manufacturing industries under Maharashtra State Industrial Cluster development programme (MSI-CDP). The maximum limit of grant in aid will be 90% of the project cost and the grant in aid of INR 30 crore will be provided from the budget of Social Justice & Special Assistance Department and Tribal Welfare Department. The two clusters will be developed every year so that total 10 clusters are developed over a period of 5 years. Further reading on schemes by the Central Government for SC/ST entrepreneur: 1. https://www.standupmitra.in/Home/SubsidySchemesForSCST 2. http://socialjustice.nic.in/SchemeList/Send/38?mid=24541 National SC/ST hub: https://www.scsthub.in/existing-entrepreneurs.php Sources: Ÿ Directorate of Industries https://di.maharashtra.gov.in/_layouts/15/doistaticsite/english/pdf/SC_ST_Policy_English.pdf Ÿ MAITRI https://maitri.mahaonline.gov.in/Home/GR sc/st entrepreneurs
  • 7. 7 Women Entrepreneur Policy 2017 Maharashtra is the first state in India to announce a policy for women entrepreneur. The policy states that a woman entrepreneur would get a financial assistance from Rs 15 lakh up to Rs 1 crore in proportion of 15 per cent to 35 per cent of the capital investment of the project at a subsidized rate of interest of upto 5%. Provisions of the Government of Maharashtra: Ÿ The policy has defined the woman entrepreneur as a group of women entrepreneurs who have financed 100% for the project and hired minimum 50% women employees would be treated as the women entrepreneur. Ÿ Under the policy, a few stalls or some of the area in malls, commercial complexes or market yard will keep reserved only for women businesspersons. Ÿ The land will be reserved for women industrialists in Maharashtra Industrial Development Corporation (MIDC) area across the state. Ÿ The woman and child development department too will keep aside Rs 50 crore for women entrepreneurs under the policy. Ÿ First-generation women entrepreneurs who set up micro, small or medium enterprises (MSMEs) in the state will be entitled to a capital subsidy of up to Rs 1 crore, depending on location of the unit. Ÿ The policy will be valid for 5 years. List of documents to be submitted by unit for claiming incentives for participation in State Level / International exhibition: Ÿ Application in prescribed form - Annexure-I Ÿ Copy of EM Part II / Udyog Aadhar Memorandum. Ÿ Information about the exhibition. Ÿ Proof of participation in State Level / International exhibition Ÿ Receipt of payment made for space in the State Level / International exhibition. Ÿ Affidavit in prescribed format. Ÿ Advance Stamped Receipt. Ÿ Recommendation of concerned District Industries Centre. ®
  • 8. 8 List of documents to be submitted with the application for prior permission for organizing Divisional / State Level exhibition for Women Entrepreneurs: Ÿ Application in prescribed form - Annexure-II Ÿ Information about the proposed exhibition. Ÿ Recommendation of concerned Regional Joint Director of Industries. Ÿ Undertaking from the Organizers of the exhibition. Ÿ Copy of Registration of the Organizers as partnership firm / company / trust / society under relevant act. For more information: https://www.maharashtra.gov.in/Site/Upload/Government%20Resolutions/English/20190 4011559377210.pdf Contact Information: Ÿ Dr.Harshadeep Kamble ,I.A.S. Secretary (Small & Medium Industries) & Development Commissioner (Industries) Government of Maharashtra Address : Directorate of Industries, New Administrative Building, 2nd Floor, Madame Cama Road, Opp. Mantralaya, Mumbai – 400032. Email: didci@maharashtra.gov.in Phone: (022) 22028100 Fax: (022) 22026826 Sources: Ÿ Indianexpress.com https://timesofindia.indiatimes.com/business/india-business/maharashtra-govt- approves-policy-for-women-entrepreneurs/articleshow/61936093.cms Ÿ newindianexpress.com http://www.newindianexpress.com/nation/2017/dec/05/maharashtra-government- announces-special-policy-for-women-entrepreneurs-1719292.html Ÿ MAITRI https://maitri.mahaonline.gov.in/Home/GR Ÿ Maharashtra Government Official Website https://www.maharashtra.gov.in/Site/Upload/Government%20Resolutions/English/201 904011559377210.pdf
  • 9. 9 Electric Vehicle & Related Infrastructure Policy 2018 Overview: Electric Vehicle (EV) offer consumers eco-friendly and cheaper alternative with lower maintenance expenses. The Government of Maharashtra launched a policy for electric vehicle with the vision to provide a promotive environment for EV manufacturing which will further encourage adoption of EV in the state. The policy will be valid for five years. Policy Objective 1) Increase number of EV registered in Maharashtra to five lakhs. 2) To generate investment of Rs. 25,000 on EV manufacturing and related infrastructure manufacturing. Provisions of the Government of Maharashtra ¤ Pioneer Units: Two mega projects are set up in the state for manufacturing of EV, EV components and batteries. Mahindra has signed Memorandum of Understanding (MoU) with the state government in this regard. ¤ Mega EV enterprise: Taluka/Classification FCI Direct employment generated A and B Rs. 250 crore 500 C,D and D+ areas Rs. 100 crore 250 ¤ Ultra Mega EV enterprise: Taluka/Classification FCI Direct employment generated A and B Rs. 250 crore 500 C,D and D+ areas Rs. 100 crore 250 Large EV enterprise: Where FCI is from Rs.10 crores to Mega project qualifying limit. ¤ Incentives: Pioneer, Mega and Ultra Mega units Large and MSME units As per template of Incentives (TBA) As per package scheme of incentives but at a scale higher (TBA) ®
  • 10. 10 ¤ Incentives for EV charging: > Power required for EV charging will be charged at residential rate throughout state > Charging points will be set up at petrol pumps, railway station, bus depots, etc. Permission to set up will be granted 15 days after the receipt of application. If the permission is not received in 15 days it will be deemed not granted. > Development Control Rules (DCR) of all local and self government will be modified for setting up of common charging facilities in areas like parking of malls, residential areas, etc. Eligible applicants will need to register and then file online application on website di.maharashtra.gov.in for grant of subsidy. The application shall be addressed to Development Commissioner (Industries), Government of Maharashtra. The documents required to be uploaded will be: Ø Charted Accountant's Certificate about investment in new charging equipments. Ø Copy of equipment invoices. Ø Valid Insurance of facility. Ø Undertaking about maintenance of facility, access to BEV owners, completion of facility maintaining it for minimum 10 years after initiating this facility etc. Ø Approval from Local planning authority (eg. MCGM, NMC, PMC etc) for setting up public charging facility. Ø Approval from concerned electric power supply agency (i.e. MSEDCL) for providing power for charging station. Ø Proof of ownership of land / premises. The disbursement of subsidy will be as per availability of funds and will be directly deposited into the account of applicant through RTGS. The procedure for disbursement will be same as that for Industrial Promotion Subsidy (IPS). Ø Petrol Pumps will be allowed to set up charging stations freely subject to fire and safety standard norms. Ø Commercial public EV charging stations for 2 wheelers, 3 wheelers, cars and buses are eligible 25 % capital subsidy upto Rs. 10 lakhs on equipment and machinery. This is applicable to first 250 stations. ¤ Promotion of R&D, Innovation and Skill Development > Proposal will be prepared for Centre of Excellence > Training based certification and placement programmes For claiming subsidy, users shall register and file online application on the website di.maharashtra.gov.in (The online filing will be free of any fees).
  • 11. 11 Development Commissioner (Industries). Contact Information: Ÿ Dr. Harshadeep Kamble,IAS Development Commissioner (Industries) Email: didci@maharashtra.gov.in Phone: (022) 22028100 Ÿ Regional Office: Mr. V. L. Rajale Joint Director of Industries Address: Office of the Joint Director of Industries, (Pune Region) Agriculture College Compound, Shivaji Nagar, Pune-411005 Email: diropune@maharashtra.gov.in Phone: (020) 25537729 / (020) 25537369 Fax: (020) 25537369 Sources: ¤ Maharashtra's Electric Vehicle and Related Infrastructure Policy – 2018 https://csis-prod.s3.amazonaws.com/s3fs-public/A4-MIDC-Maharashtras-Electric- POLICY.PDF?qsFlIsn3QwQ9cpu1b8eOhDCItiAWPnok ¤ Maharashtra Government official website https://www.maharashtra.gov.in/Site/Upload/Government%20Resolutions/English/201 802141807189810.pdf Note: Once valid application form with required documents is uploaded, the Directorate of Industries shall verify validity of documents and information provided with transport authorities of Maharashtra. Thereafter, subsidy approval letter mentioning quantum of eligible subsidy shall be generated and sent by e-mail to the applicant. This process shall be completed within a maximum period of 15 days.
  • 12. 12 FINANCIAL FINTECH TECHNOLOGY DIGITAL ACCOUNTING ANALYSIS BLOCKCHAIN Fintech Policy 2018 Overview: Government of Maharashtra in 2018 announced the first ever Fintech Policy with the view to develop ecosystem in the state. The infrastructure and aid has been provided by the government with an objective to make Mumbai a Fintech hub. After the policy announcement, the state government has selected 13 start ups that can be a part of the Mumbai Fintech hub. This policy was announced after the Magnetic Maharashtra Summit and it is valid for five years. Policy Provisions of the Government of Maharashtra: Ÿ Setting up smart Fintech centres: Ÿ Government has approved the setting up of Smart Fintech centers wherein additional FSI (Floor Space Index) shall be admissible upto 200% in all urban local bodies of the State having a population greater than 10 lakh. Premium of 30% of the prevailing ready reckoner rate will be applicable for availing the additional FSI. Ÿ All the fiscal incentives relating to stamp duty exemption, electricity duty, electricity tariff, power tariff subsidy, property tax, entry tax, works contract tax, etc. as provided under the IT/ITeS policy-2015 shall be applicable to the units set up as part of the Smart FinTech centers. Ÿ If a Smart FinTech centers has availed additional FSI as per the provisions of this policy and subsequently it is found that the built-up space in these centers (which is mandated to be used for FinTech activity) is being used for non-FinTech/ commercial activities / any other activity not permitted as per the FinTech policy under which the said center was approved, a penal action as below will be taken. Ÿ Creation of FinTech Corpus Fund: The Government of Maharashtra will create a FinTech corpus fund of Rs. 250 crore over a period of three years to fund the incentives to FinTech start-ups and operational expenses of industry sandbox and the global fintech hub. Ÿ Incentives to Fintech start ups: >> Reimbursement of internet and electricity charges- Internet and electricity charges of FinTech startups in the State will be reimbursed up to an amount of Rs. 3 lakh per year. This will be applicable for a maximum of 3 years for each start-up. >> Reimbursement of expenditure towards hosting infrastructure- Expenditure incurred by Fintech start-ups towards availing cloud space will be reimbursed by State Government subject to an upper limit of Rs. 3 lakh per year for a total period of 3 years. >> Reimbursement of State GST: The State GST paid by early stage start-ups with annual turnover up to Rs. 5 crore will be reimbursed to reduce the tax burden on start- ups. The tax reimbursement will be applicable for a maximum period of 3 years subject to the annual cap of Rs. 4 lakh. ®
  • 13. 13 FINANCIAL FINTECH TECHNOLOGY DIGITAL ACCOUNTING ANALYSIS BLOCKCHAIN Ÿ An incentive fund of up to Rs. 10 crore will be created to encourage high growth FinTech startups in the first years their operations. Each year top 20 rated start-ups will be provided a grant of Rs. 10 lakh each, once during the lifetime of the start-up. These start-ups will be identified on several parameters including growth rate, innovation, social impact, etc. Ÿ A registry of all the Fintech companies based in Maharashtra will be created to form a community of Fintech companies. An Industry sandbox will provide a controlled and legal testing solution space where start-ups /banks /technology companies can test innovative products, services, business models and delivery mechanisms in the real testing environment. The Government of Maharashtra will provide the following critical support in setting up the industry sandbox in Global FinTech hub. Ÿ Government will pilot projects on Blockchain, DLT (Distributed Ledger Technologies) across areas like land registry, supply chain management, and identity management, education, healthcare amongst other areas. Andhra Pradesh is the first Indian state to run pilot projects on blockchain, putting up land records on a public ledger. Apart from Maharashtra, Telangana, Karnataka and Gujarat are evaluating the technology. >>Reimbursement of exhibition/global event participation fee: A FinTech unit will be eligible for reimbursement of 50% exhibition/global event participation fee (space cost/rent) for exhibitions on approval by the FinTech Officer, subject to a ceiling of Rs. 5 lakh per FinTech start-up and limited to two such events during the lifetime of the start-up. The “Mumbai FinTech Hub” has been established in the Mumbai Metropolitan Region as a focal point for FinTech activity within the State of Maharashtra. It provides an ecosystem encompassing the entire infrastructure, organizations and people within the hub, as well as how those elements are structured and engage with each other to nurture innovation and entrepreneurial spirit. Maharashtra Fintech Hub: https://fintech.maharashtra.gov.in/ National Fintech Hub: http://www.govtech.in/2016/
  • 14. 14 FINANCIAL FINTECH TECHNOLOGY DIGITAL ACCOUNTING ANALYSIS BLOCKCHAIN Ÿ The Economic Times https://economictimes.indiatimes.com/tech/internet/maharashtra-plans-a-pilot-to-try- out-blockchain-technology/articleshow/62896305.cms Sources: Ÿ Indian Express https://indianexpress.com/article/cities/mumbai/maharashtra-government-picks-13- start-ups-in-push-to-mumbai-fintech-hub-5478851 Ÿ MAITRI https://maitri.mahaonline.gov.in/PDF/Fintech.pdf Ÿ Directorate of Industries https://di.maharashtra.gov.in/_layouts/15/doistaticsite/english/pdf/FintechPolicy.pdf Contact information: Ÿ Maharashtra Information Technology Corporation LimitedAddress: Block-2, 51, 52, M I D C, Room No 514, 5th Floor, Annex Building, Hutatma Rajaguru Chowk, Mantralaya, Mumbai City, Maharashtra, India, 400032. Tel: +91 22 22026534 Ÿ Fax: +91 22 2815087 Email: info.mahait@mahait.org Website: www.mahait.org
  • 15. 15 Maharashtra Logistic Parks Policy 2018 India has always been at a disadvantage when it comes to logistics and warehousing leading to distortions in the supply chains. To overcome these hurdles, government of Maharashtra introduced the Logistics Parks Policy after the Magnetic Maharashtra Summit in 2018. Ÿ Eligibility for establishment of Logistic Parks >> Private landowners or developer appointed by them or any Company with legal entity >> Lease owners of MIDC land with minimum 30 years of balance lease period of MIDC will be eligible for establishment of Logistics parks. Ÿ Procedure for Development of Logistics Parks Eligible land owners or developers will be notified by the MIDC after receiving the proposal from applicant. Notwithstanding anything written in Development plan or regional plan the area will be automatically changed and be available for logistics parks. Ÿ Logistics Parks defined: >> Integrated Logistics Parks (ILP) a) Spread over minimum of 5 acres of land b) Having minimum 15 meters wide access road c) 70% of total notified area has to be used for logistics d) Remaining 30% permitted for support services and common facilities >> Logistics Parks (LP) a) Minimum 20,000 sq. feet built up area b) 80% to be used for logistic services c) 20% permitted for support services and common facilities Ÿ MIDC will be the Special Planning Authority. Ÿ Single Window Clearance through MAITRI (maitri.mahaonline.gov.in). Note: Logistics division of Central Government has also planned to create an IT backbone and develop a National Logistics Information Portal which will be also an online Logistics marketplace that will serve to bring together the various stakeholders viz logistics service providers, buyers as well as Central & State Government agencies such as Customs, DGFT, Railways, Ports, airports, inland waterways, coastal shipping etc., on a single platform. ®
  • 16. 16 Ÿ Upto 200% additional FSI for Integrated Logistics Parks and Logistics Parks. Premium charged for all areas except no industry district and naxalism effected area. Ÿ Relaxation in zone restrictions: All zones available except agricultural land. 15% premium on zone conversion. Ÿ Relaxation on height restrictions: 24 meter is the limit but excess will not be calculated under FSI. Ÿ ILP/LP will not be covered under any other act. Ÿ Power will be provided at industrial rates: Rs. 8.03 per unit. Note: Operations have to start within five years from issue of Letter of Intent (LOI). Directorate of Industries will be registering agency for all logistics parks. Contact information: Ÿ Directorate of Industries Dr.Harshadeep Kamble ,I.A.S. Secretary (Small & Medium Industries) & Development Commissioner (Industries) Government of Maharashtra. Address : Directorate of Industries, New Administrative Building, 2nd Floor, Madame Cama Road, Opp. Mantralaya, Mumbai – 400032. Email: didci@maharashtra.gov.in Phone: (022) 22028100 Fax: (022) 22026826 Ÿ Regional Office (Pune): Mr. V. L. Rajale Joint Director of Industries Address: Office of the Joint Director of Industries, (Pune Region), Agriculture College Compound, Shivaji Nagar, Pune-411005. Email: diropune@maharashtra.gov.in Phone: (020) 25537729 / (020) 25537369 Fax: (020) 25537369
  • 17. 17 Ÿ Steps for starting a business in Maharashtra: http://www.doingbusinessinmaharashtra.org/Starting_a_Business_in_Maharashtra.as px Ÿ Directorate of Maharashtra Official Website: https://di.maharashtra.gov.in/_layouts/15/DOIStaticSite/English/pdf/MaharashtrasLogi sticPolicy.pdf Ÿ Steps for starting a business in Maharashtra: http://www.doingbusinessinmaharashtra.org/Starting_a_Business_in_Maharashtra.as px Ÿ Government of Maharashtra Official Website https://www.maharashtra.gov.in/site/Upload/Acts%20Rules/Marathi/37%201%20Notifi cation.....pdf Sources:
  • 18. 18 Maharashtra Coir Policy 2018 Overview of the Coir Sector: Around 52,000 metric tonnes of coconut husk is available annually in the Konkan. This husk can be used for production of eco-friendly products and at the same time be an opportunity for growth of not just the MSME sector but also employment of women. Recognizing this, the Government of Maharashtra launched the Coir policy in 2018. The policy is to be implemented by the Maharashtra Small Scale Industries Development Corporation (MSSIDC), proposes setting up of 8,000 small and micro units to generate 50,000 jobs, said Sunil Porwal, additional Chief Secretary (industries). While India has 16,000 coir processing units, Maharashtra has just 27 despite the substantial coconut cultivation in the state - 22,750 hectare land largely in the Palghar, Thane, Raigad, Ratnagiri and Sindhudurg districts of the Konkan. Policy Provisions of the Government of Maharashtra: Ÿ Additional benefits under the package scheme of incentives: Coir industries in A and B zone will be eligible for benefits available to industries in C zone. Industries of C zone will get benefits of D zone and D zone industries will get benefits of D+ zone. Industries in D+ and no industrial zone will be eligible for benefits in naxal affected area. The new package scheme of incentives will be announced soon. Ÿ Special Capital Incentives: S. No. Classification of Talukas Capital Subsidy (% fixed capital investment) Maximum ceiling for special capital subsidy (in Rs. lakhs) 1. A and B 30 20 2. C 35 30 3. D 35 40 4. D+ 35 50 5. Non-industry and Naxal affected area 35 50 (Source: Maharashtra Coir Policy - 2018) ®
  • 19. 19 Ÿ The capital subsidy will be disbursed in five equal annual installments from the date of commencement of production. Ÿ Five Common Facility Centers (CFCs) will be established for Coir based MSMEs. They will be provided assistance in the form of 90% of project cost. Ÿ Budgetary provision of Rs. 10 crores will be made for coir industries Incubation, Research and Development Centre. Ÿ Incentives will be given for participation in International and domestic exhibitions. Incentives Domestic 75% of space rent upto Rs. 0.50 lakhs International Rs. 30 lakhs Ÿ Preferential Procurement for Coir industries. Government departments will be directed to use coir products. Ÿ A fund of Rs. 5 crore will be set up Exhibition cum sales centre. Ÿ Policy will be valid for 5 years from date of issue Coconut Development board will be involved to motivate the farmers and their family members for collection of husk, processing and making coir products. District Rural Development Authority (DRDA) and Department of Agriculture will be involved in capacity building of SHG members. MSSIDC will be involved in marketing of coir products through their outlets. Initiatives will be taken to associate corporate CSR foundations to promote coir handicrafts for the tourist place like Goa, etc. The Coir processing units in the state: Fiber extractio n units Spinning & rope making units Product manufacturin g units Rubberize d coir units Pith processin g units Curled coir units Other s Total Maharashtr a 1 1 - 9 1 - 3 15 (Source:http://coirboard.gov.in/wp-content/uploads/2016/03/Sawantwadi-DPR-28.7.15.pdf) For more information on the Indian Coir Sector: http://coirboard.gov.in/wp- content/uploads/2015/03/NationalCoirPolicy_newNov14.pdf
  • 20. 20 Contact information: Ÿ MSSIDC Address: Block-2, 51, 52, M I D C, Chinchwad, Pune, Maharashtra 411019 Phone: 020 24430482 Ÿ Dr.Harshadeep Kamble, I.A.S Secretary (Small & Medium Industries) & Development Commissioner (Industries) Government of Maharashtra Address: Directorate of Industries, New Administrative Building, 2nd Floor, Madame Cama Road, Opp. Mantralaya, Mumbai – 400032 Email: didci@maharashtra.gov.in Phone: (022) 22028100 Fax: (022) 22026826 Sources: Ÿ Directorate of Industries Official Website https://di.maharashtra.gov.in/m/_layouts/15/DOIStaticSite/English/pdf/MaharashtraCoi rPolicy.pdf Ÿ COIR board official website http://coirboard.gov.in/wp-content/uploads/2018/03/coir-final.pd www.dnaindia.com/mumbai/report-soon-maha-to-get-coconut-coir-industry-policy- 2582127 Ÿ DNA India https://www.dnaindia.com/mumbai/report-soon-maha-to-get-coconut-coir-industry- policy-2582127
  • 21. 21 Policy for Industrial Parks Objective: Ÿ To make Maharashtra globally favored place for manufacture of readymade garments, gems and jewelry and electronics. Ÿ Address challenges related to availability of affordable spaces by way of flatted galas. Industrial Parks: Ÿ Industrial building having minimum built up area of 20,000 sq. feet can be established as an industrial park. Ÿ Minimum 80% of the built up area will have to be used for RMG production, gems and jewelry, registered eligible MSME units under microelectronic sector. Ÿ A maximum 20% area can be used for basic admissible services. Ÿ For parks across the state, additional 200% floor space is admissible on one or basic admissible FSI whichever is higher. Ÿ Additional 200% FSI permissible for registered private or public parks registered with Directorate of Industries with or without premium of prevailing ready reckoner rate and availability of road width as below: Location of Park Premium No industry district or Naxalism affected area Nil Areas other than Pune, Thane, Greater Mumbai, Kalyan-Dombivali, Mira Bhayander, Panvel, Ulhasnagar, Ambernath, Navi Mumbai, Municipal Corporation Areas, No industry district and Naxalism affected area 10% Pune, Thane, Greater Mumbai, Kalyan- Dombivali, Mira Bhayander, Panvel, Ulhasnagar, Ambernath, Navi Mumbai, Municipal Corporation Areas 15% ®
  • 22. 22 Fiscal Incentives for Garment Units: Ÿ Eligibility Garment projects will be granted mega and ultra mega status on the basis of Investment and Employment as below: A & B Zone No Industry District & Naxalism affected by Other Areas Investment Rs. in Crores Employment Investment Rs. in Crores Employment Investment Rs. in Crores Employmen t Mega 250 1500 50 250 100 250 Ultra Mega Rs. 500Crores Investment & 3000 direct employment Ÿ For eligible Micro, Small, Medium and Large RMG production enterprises, incentives at one step higher will be admissible under package scheme of incentives. Ÿ Incentive package to mega projects will be customized. Ÿ An eligible unit in MIDC area obtains Building Completion Certificate within admissible development period and starts commercial production will be entitled to further concessions from MIDC for the balance development period. Building Completion Certificate Type of Concession Minimum 50% within 75% 100% concession in service charges and firefighting cess+ 20% concession in water charges Minimum 75% within 100% 100% concession in service charges and firefighting cess+ 30% concession in water charges 100% 100% concession in service charges and firefighting cess+ 40% concession in water charges
  • 23. 23 Ÿ Stamp Duty refund will be admissible to eligible units as per the Industrial Policy of the States -2013 (new policy in place now) during their development period of land or galas or; land or galas taken on lease and Documents for bank loans Ÿ Common Facility Centre: Incentives equal to 75% of expenditure incurred for credit rating subject to a ceiling of Rs. 40,000 will be given to eligible units for credit rating from SIDBI/Government Accredited Credit Rating Agency. Ÿ For eligibility, units should hold valid Udyog Aadhar Memorandum (UAM)/ Industrial Entrepreneurs Memorandum (IEM). https://udyogaadhaar.gov.in/UA/UAM_Registration.aspx. The promoter has to make an application to Govt. of India in prescribed format alongwith Demand Draft of Rs. 1000/- in the name of Secretariat for Industrial Assistance (SIA), New Delhi with six copies. The prescribed format is available on Directorate of Industries website: www.maharashtra.gov.in Ÿ Letter of Intent (LOI) in lines with IT/ITeS policy. Ÿ Procedural guidelines will be given by Directorate of Industries: https://di.maharashtra.gov.in Ÿ MIDC will be planning authority. Contact information: Ÿ Dr. P. Anbalagan Chief Executive officer (CEO), MIDC Ph. No.: 26870052/54/27 ceo@midcindia.org Ÿ Shri Mukesh K. Bhoge General Manager (Land), MIDC Ph. No.: 26879072 gmland@midcindia.org Sources: MAITRI https://maitri.mahaonline.gov.in/PDF/Policy%20of%20Industrial%20Parks%20comprisin g%20of%20flatted%20galas%20of%20Readymade%20Garment%20manufacturing,%20 Gems%20and%20Jewellery,%20Micro- Electronics%20and%20Engineering%20Units%20-%202018%20.pdf
  • 24. 24 Retail Trade Policy Overview: The State of Maharashtra is a leading State in Retail Business. The retail trade comprises enterprises engaged in retailing goods and services. These enterprises fall into various segments, which include food and grocery, apparel, footwear, consumer durables, home appliances and equipment, restaurants, cinema halls, multiplexes, home furnishing and furniture, jewelry, books, music, watches, pharmaceuticals, beauty and healthcare. These enterprises sell various categories of items and use multiple channels including brick and mortar, direct selling, e-commerce and other channels. Policy Provisions of the Government of Maharashtra: Ÿ Appointment of Nodal Officer Industries Department will appoint a Nodal officer from MAITRI (Maharashtra Industry, Trade & Investment Facilitation Cell). (Contact Information of Nodal Officers: https://maitri.mahaonline.gov.in/Home/Contact) Ÿ Relaxation under Shops and Establishment Act >> Relaxation of rules under the Shops and Establishment Act with regard to working hours, work shifts and employment of part-time workers and maintenance of records. >> Retail enterprise shall be allowed to stay open every day of the year. >> Retail enterprise dealing in all goods and commodities shall be allowed to conduct retail operations between 5 am and 11 pm. The enterprises can remain open between 11 pm and 5 am only for logistics and supply purposes. >>Retail enterprise shall be exempted from maintaining physical records for attendance and salary. (Act: https://mahakamgar.maharashtra.gov.in/images/lc/pdf/the-bombay-shops- establishments-act.pdf) Ÿ Food and Grocery Retailers are entrusted the responsibility of delivering certain services to citizens which, if obstructed, affect the normal life of people. Ÿ Relaxation of Stocking Limit under Essential Commodities Act >> Exemption from provisions of stocking >> The permissible stocking limits for which license is required shall be enhanced. >> The procedures for getting license and its renewal shall be reduced Note: The ECA was enacted way back in 1955. It has since been used by the Government to regulate the production, supply and distribution of a whole host of commodities it declares 'essential' in order to make them available to consumers at fair prices. ®
  • 25. 25 Ÿ Pragmatic Implementation of Packaged Commodity Regulations to protect the interests of the consumers. Ÿ Retail Entertainment Zone (REZ) The City Development Plans shall reserve land for retail development. The pre-requisite in Municipal Council will be minimum 12-meter road width & in Municipal Corporations it will be minimum 15-meter road width. Simplification of Development Control Regulation: >> Higher Ground Coverage: upto 70%. >> Recreation Ground area will be allowed. >> Floor-to-Floor Heights: raised to 5.5 meter >> Parking norms: additional parking allowed without FSI implication · Building height: The restriction (30 meters) on building heights, considering other applicable norms like fire safety, etc., will be relaxed. >> Up to 50% of additional Floor Space Index (FSI) for development of retail and shopping center will be admissible over the base FSI on separate land only subject to payment of full applicable premium as per the prevailing ready reckoner rates. Ÿ Exemption from Agricultural Produce Market Committee (APMC) regulations: >> Retailers don't have to pay any cess to APMC. >> Farmers can sell their produce directly to retailers. Ÿ Exercising the power conferred under the Section 22 of The Maharashtra Mathadi, Hamal And Other Manual Workers (Regulation Of Employment And Welfare) Act, 1969 State Government shall exempt retail enterprise from the provision of this act provided that: >> The said classes of the establishments employ the workers on their rolls as permanent employees. These workers are protected and enjoy better benefits than envisaged in the Mathadi Act. >> The said classes of the establishments engage contract workers as permanent employees who are getting all the benefits under various sections of the labour law and enjoy better benefits than envisaged in the Mathadi Act. (Act: https://www.ilo.org/dyn/natlex/docs/ELECTRONIC/17861/110575/F- 1301927122/IND17861.pdf)
  • 26. 26 Ÿ The retail trade set-ups having power requirements above 1 MW will be allowed open access. Ÿ The policy is valid for five years. Ÿ As long as the sky sign is fixed in and out of the self-owned, leased or mortgaged premise of the retail store, by the trader advertising his own business it shall not attract the requirement of permission of the Commissioner or Chief Officer or Competent Authority and payment of fees. This will not be applicable if a trader is advertising for someone else's business. Contact information: Directorate of Industries Dr.Harshadeep Kamble, I.A.S. Secretary (Small & Medium Industries) & Development Commissioner (Industries) Government of Maharashtra Address : Directorate of Industries, New Administrative Building, 2nd Floor, Madame Cama Road, Opp. Mantralaya, Mumbai – 400032 Email: didci@maharashtra.gov.in Phone: (022) 22028100 Fax: (022) 22026826 Sources: Ÿ MAITRI https://maitri.mahaonline.gov.in/PDF/Retail_Policy_2016.pdf Ÿ Livemint https://www.livemint.com/Opinion/EhS4PTAs0r8nodgOBwIsTI/Rethinking-open- access-in-electricity.html Ÿ The Economic Times https://economictimes.indiatimes.com/industry/services/maharashtra-gives-in- principal-nod-to-retail-trade-policy/articleshow/50651497.cms?from=mdr Ÿ The Hindu Business Line https://www.thehindubusinessline.com/opinion/columns/all-you-wanted-to-know- about-essential-commodities-act/article21689980.ece1 https://www.thehindubusinessline.com/economy/agri-business/maharashtra- government-again-takes-steps-to-amend-apmc-act/article26029899.ece)
  • 27. 27 Aerospace & Defence Policy ® Overview of the Indian Defence Sector: India's current requirements on defence are imported. The opening of the defence sector for private sector participation will help foreign original equipment manufacturers to enter into partnerships with Indian companies and leverage the domestic markets as well as aim at global markets. Besides helping in building domestic capabilities, this will also bolster exports in the long term for Indian companies. Government also allows 100% FDI in defence sector. Up to 49% under automatic route; FDI above 49%, through Government route where it is likely to result in access to modern technology. The defence industry is subject to industrial licenses under the Industries (Development and Regulation) Act, 1951 and manufacturing of small arms ammunition under Arms Act, 1959. Ministry of Defence, Department of Defence Production is the Administrative Ministry for grant of extension of Industrial license under the I(D&R) Act, 1951 to the private sector. The Company may send their IL extension application to Contract Purchase Officer, Department of Defence Production, Ministry of Defence, D(DIP) Section, Sena Bhawan, New Delhi. Ahead of the Magnetic Maharashtra Summit in 2018, Maharashtra government announced a number of new policies to make Maharashtra a desirable location for investment. Aerospace and defence was one such policy. It will be valid for five years. Policy Provisions of the Government of Maharashtra Ÿ The state government wants to develop Nagpur MRO (Maintenance, Repair and Operations) as a global hub for airlines by providing 100% reimbursement on SGST on service parts and 50% VAT on ATF (Aviation Turbine Fuel). TATA tech has started setting up a unit in Nagpur along with Vidharbha Defence Industries Association. Ÿ Incentives will be as per Package Scheme of Incentives (TBA). Ÿ Test range up to ceiling of 20% of total project cost or Rs. 100 Cr. (whichever is lower) will be considered part of the FCI. Ÿ Incentive period will be allowed to commence when product is accepted by Ministry of Defence. Ÿ Technical knowhow part of admissible FCI upto 20% of the ceiling or Rs. 100 cr. whichever is lower. Ÿ Reimbursement of stamp duty for land and term loan purposes.
  • 28. 28 Ÿ Concessions on Anchor Units Anchor Units have to fulfill following conditions to qualify: >> It should qualify as a mega or an ultra-mega project. >> It should have confirmed order book of USD 100 millions as of date of application. Anchor units will be offered land at 75% of the prevailing land rates in the MIDC area in the A and B taluka. The similar offer will be made to other talukas at 50% with the ceiling of 100 acres. If any mega or ultra-mega unit obtains business completion certificate and commences commercial production in the admissible development period, then it is eligible for following concessions: S. No. Building Completion Certificate Concession 1. 50% to 75% 100% waiver from payment of service charges and fire cess + 20% concession in water charges. 2. 75% to 100% 100% waiver from payment of service charges and fire cess + 30% concession in water charges. 3. 100% 100% waiver from payment of service charges and fire cess + 40% concession in water charges. (Source:di.maharashtra.gov.in/_layouts/15/doistaticsite/english/pdf/AerospaceandDefenc e.pdf) Ÿ MIDC will offer equity in form of land and financial assistance of 15% of project cost upto 15 crores (Minimum investment of 100 crores required). Ÿ Equity fund of Rs. 1000 cr. will be created for MSMEs. Ÿ 200 acres of land will be earmarked for aerospace and defence parks and townships. Ÿ Marketing Assistance: >> Assistance to MSMEs for participation in international fairs 50% of rent upto Rs. 3,00,000; >> Assistance to industry association upto Rs. 10,00,000; >> Viability gap support of Rs 10,00,000 for national and Rs 25,00,000 for international trade seminar/exhibition.
  • 29. 29 The corpus of Rs 1,000 crore would be managed by a professional fund manager and used to provide working capital for the MSMEs in this sector. Major Defense Hubs in Maharashtra: Ÿ Arms and Component Manufacturing: Pune has numerous defense institute such as DRDO Research Labs, Ordinance factories and industries like Mahindra , Tata motors , Bharat Forge amongst others. Ÿ Naval Defense: Being closer to ports , Mumbai and Pune have established ship building manufacturers such as Mazgaon dock Ltd., L&T , NorthStar Shipbuilding amongst others. Ÿ Key Players: Selex Galileo, Ashok Leyland, Mahindra, Wipro, Kirloskar, Larsen & Tubro, TATA Power, etc. All applications for grant of license for manufacture of Small Arms (caliber upto 12.7 mm) are to be made directly to Ministry of Home Affairs in Form A-6 along with security clearances proforma manually to Under Secretary (Arms Section), Ministry of Home Affairs, Major Dhyan Chand National Stadium, IInd floor, Near India Gate, New Delhi. All applications for grant of license for manufacture of arms and ammunitions (caliber above 12.7 mm) configured for defence purposes viz. tanks and other armored fighting vehicles, defence aircrafts, spacecrafts, warships of all kinds, arms and ammunition and allied items of defence equipment other than small arms as indicated in the schedule to the MHA Notification dated 19.05.2017, are to be made to DIPP in Form A-6 at Industrial License Section, Department of Industrial Policy and Promotion, Udyog Bhawan, New Delhi. All other applications for the rest of the items which are not mentioned in the MHA Notification dated 19.05.2017 but are mentioned in Press Note No. 3 of 2014 Series are to be made online on ebiz portal provided at DIPP's website (www.dipp.nic.in). Contact information: Ÿ Investor Information: https://defenceinvestorcell.gov.in/ Department of Defense Production, Ministry of Defense Contact No: +91-11-23019902 Ÿ To track approvals, addresses, investor queries and grievances: Superintending Industries Officer, Directorate of Industries (In Charge of Single Window System) 022 – 2262236 https://maitri.mahaonline.gov.in/AvailableServices/AvailableServices
  • 30. 30 Sources: Ÿ Maharashtra Industrial Development Corporation midcindia.org Ÿ Aerospace and Defence Manufacturing Policy 2018 https://www.midcindia.org/documents/20181/26611/Defence.pdf/e3e13052-0201- 4eb3-9bb1-67cbecdfafea Ÿ FAQ's regarding foreign investment: https://m.rbi.org.in/Scripts/FAQView.aspx?Id=26#Q1) Ÿ Livemint www.livemint.com/Politics/fEux0qgXnOgi7kOMsJepkK/Maharashtra-unveils-defence- and-aerospace-policy-to-attract.html Ÿ Invest India https://www.investindia.gov.in/frequently-asked-questions?category=7#tabs-70 Ÿ Make in India http://www.makeinindia.com/sector/defence-manufacturing Ÿ The Deccan Chronicle https://www.deccanchronicle.com/business/companies/230718/tata-tech-vdia-to-set- up-aerospace-and-defence-centre-in-nagpur.html
  • 31. 31 ESDM policy ® Overview of Electronics Sector: Due to revolution in telecom, IT and consumer electronics, India's electronics market has been projected to grow at CAGR of 24% from 2014 to 2020. Eight electronic manufacturing clusters have been notified in the state by the Government of India. Within Pune, Talegoan and Khed are two well established ESDM Hubs. Excellent connectivity of these locations to the two of India's largest ports – JNPT and MBPT, connectivity, industrial infrastructure, strong presence of education institutes makes these places attractive destination for ESDM (Electronic System Design Manufacturing) sector. Dedicated clusters, policy support, strategic location, strong domestic market, educational infrastructure, skilled labour and supplier/ vendor base are key growth drivers of ESDM sector in Maharashtra. The electronics policy of Government of Maharashtra will be valid for five years. Key Players in the ESDM Sector: Blue Star, TCS, Kirloskar, Bharat Electronics, QLogic, Schindler, Voltas, Nipro, LG, Philips, Godrej, etc. Policy Provisions of the Government of Maharashtra The Industrial units which are approved under the “Modified Special Incentive Package Scheme” (M-SIPS) of Department of Electronics & Information Technology, Government of India, will be eligible for incentives under this scheme. The scheme is available for both new projects and expansion projects. The scheme provides capital subsidy of 20% in SEZ (25% in non-SEZ) for units engaged in electronics manufacturing. It also provides for reimbursements of CVD (Countervailing Duty)/ excise for capital equipment for the non-SEZ units. The scheme is available for both new projects and expansion projects. The scheme provides capital subsidy of 20% in SEZ (25% in non-SEZ) for units engaged in electronics manufacturing. It also provides for reimbursements of CVD/ excise for capital equipment for the non-SEZ units. This scheme was valid till 2018. The Industrial units which are not covered under the (M-SIPS) Scheme of Government of India will be eligible for regular incentives under the Industrial Policy-2013.
  • 32. 32 Fiscal incentives shall be extended to eligible ESDM units under the umbrella of Package Scheme of Incentives (PSI). According to the Industrial Policy 2019, MSMEs get 30% to 100% (of FCI) for a period of 7 to 10 years. The incentives, if any, offered by Government of India or any of its agencies or local bodies shall be over and above the incentives offered under this policy. Ÿ Industrial Promotion Subsidy: SGST paid on the first sale made within Maharashtra (2019). Ÿ Interest Subsidy: The quantum of interest subsidy will be calculated at effective rate of interest, after deducting the interest subsidy receivable under any Govt. of India scheme or 5% per annum, whichever is less, provided that minimum 7% effective interest per annum is borne by the industrial unit. Note: Ÿ For the purpose of this assistance, bank's prime lending rate or the rate of interest actually charged, minus penal interest if any, whichever is less, will be taken as the effective interest rate. Ÿ If any unit in 'A' & 'B' category area maintains permanent employees more than 1000 and in other category area maintains permanent employees more than 500, then for such units 50% more interest subsidy than their eligible interest subsidy will be offered. Ÿ Power Tariff Subsidy: Eligible new ESDM units will be eligible for power tariff subsidy to the tune of Rs. 1/- per unit for a period of 3 years in category A and B areas and 5 years in other parts of state. Ÿ Exemption from Electricity Duty: Eligible new ESDM units will be exempted from paying Electricity Duty for 15 years. Ÿ Waiver of Stamp Duty: Eligible ESDM units will be exempted from payment of stamp duty during the investment period, for acquiring land and for term loan purposes. Subject to condition that, units shall be required to submit NOC from competent Authority of Directorate of Industries.
  • 33. 33 Incentives for MSMEs: Ÿ 25% one time subsidy on capital equipment for technology upgradation, limited to Rs. 25 lakh. Ÿ 25% one time subsidy on capital equipment for cleaner production measures, limited to Rs. 5 lakh. Ÿ 75% subsidy on the expenses incurred on patent registration limited to Rs.10 lakh for national patents and Rs. 25 lakh for the international patents. Ÿ Assistance for a maximum of three industry standard quality certifications, at a rate of 50% of cost of quality certification within the overall ceiling of Rs. 6 lakh in 5 years. The amount of assistance will include: I) Fees charged by certification agency. ii) Consulting fees and training charges. iii) Cost of testing equipment as suggested by BIS. iv) Calibration charges of equipment Ÿ 75% of the cost of carrying out credit rating by Small Industries Development Bank of India/Government accredited Credit Rating agency, limited to Rs. 50,000. Disbursement: The amount of incentives under “Basket of Incentives” to be disbursed to MSMEs and LEs every year will be limited to 1/10 of the total Basket of incentives sanctioned, with the provision of carrying forward the differential between the actual sanctioned amount for a given year and the yearly disbursement limit. For example, if the unit is eligible for the total quantum of Rs.1000 and the E.C. period is 10 years, then actual incentives disbursed to such unit, shall not exceed Rs.100 (1000/10) in a given year even though the amount of total incentives sanctioned for that year is more than Rs. 100. The difference (yearly sanctioned amount minus yearly disbursement limit) can be carried forward for the Subsequent years of E. C. period, such that the actual disbursement of incentives is not more than Rs.100 in any year. For Mega Projects/Ultra Mega Projects, if the E.C. period is more than 10 years, the yearly limit for disbursement shall be equal to the total quantum of incentives divided by the number of years as per eligibility period, with the provision of carrying forward the differential between the actual sanctioned amount for a given year and the yearly disbursement limit. (maitri.mahaonline.gov.in/PDF/PackageSchemeofIncentives2013.pdf)
  • 34. 34 EMC scheme by GOI: Greenfield EMCs are given assistance as grant-in-aid equal to 50% of project cost subject to a ceiling of Rs. 50.00 Cr. for every 100 acres of land. Minimum industry contribution is 25% of the project cost. In such Greenfield EMCs approved by GoI, for every 100 acres of land, 15% of the project cost (by way of grant or by way of land) limited to Rs. 15 crores will be contributed by MIDC in MIDC areas and by State Government outside MIDC areas. Brownfield EMCs are given assistance equal to 75% of the project cost subject to a ceiling of Rs. 50 crores by GoI. Minimum industry contribution is 15% of project cost. In such GoI approved Brownfield EMCs, 10% of project cost limited to Rs.10 crores will be contributed by MIDC in MIDC areas and by State Government outside MIDC areas. The units shall be exempted from payment of Property Tax for a period of 10 years. Note: Ÿ Greenfield EMC is an undeveloped/underdeveloped geographical area, preferably contiguous where the focus is on development of basic infrastructure, amenities and other common facilities for the ESDM units. Common Facility Centre(CFC) in Greenfield in Shendra Industrial Area, Aurangabad. Ÿ Brownfield EMC is a geographical area where a significant number of existing ESDM Units are located and the focus is on upgrading infrastructure and providing common facilities for the EDM units. Common Facility Centre(CFC) in Brownfield EMC: MCCIA Electronic Cluster Foundation, Pimpri Industrial Area, Pune. Simplifications in Legislation Relaxations under the Shops and Establishment Act with regard to working hours, work shifts and employment of women, with her consent to work in shifts. Provided safety of women employee will be responsibility of concerned management. Units are also exempted from maintaining physical records for attendance and salary. ESDM Industry will be declared as essential service under 'Maharashtra Essential Services and Maintenance Act'. Option for self-certification and filing of consolidated annual returns under 13 Acts administered by the Labour Department. (Self-certification: https://mahakamgar.maharashtra.gov.in/writereaddata/Portal/Magazine/Document/1_63 9_1_self-certification.pdf)
  • 35. 35 Contact information: Ÿ Dr. Harshadeep Kamble, I.A.S. Secretary (Small & Medium Industries) & Development Commissioner (Industries) Government of Maharashtra Address: Directorate of Industries, New Administrative Building, 2nd Floor, Madame Cama Road, Opp. Mantralaya, Mumbai – 400032 Email: didci@maharashtra.gov.in Phone: (022) 22028100 Fax: (022) 22026826 Ÿ Regional office in pune: Mr. V. L. Rajale Joint Director of Industries Address: Office of the Joint Director of Industries, (Pune Region) Agriculture College Compound, Shivaji Nagar, Pune-411005 Email: diropune@maharashtra.gov.in Phone: (020) 25537729 / (020) 25537369 Fax: (020) 25537369
  • 36. 36 INFORMATION TECHNOLOGY IT/ITeS Policy 2015 ® Overview: The state government has announced the policy with incentives such as additional floor space index, exemption for IT/ITeS companies from paying stamp duty, power to such units at industrial rather than commercial rates, along with additional subsidies on electricity tariffs and concessions on works contract tax and value added tax. IT is a prominent sector in Maharashtra. It accounts for almost 30 percent of software exports in the country. The Government of Maharashtra has recognized IT industry as an important thrust area in the state and its primary objective will always be to provide a familiar and friendly environment. Policy Initiatives by the Government of Maharashtra: Ÿ Incentives & Provisions for IT Parks/ IT SEZs / AVGC Parks This policy will continue with following incentives & provisions. Additional FSI and space utilization of IT Parks: >> Upto 100% additional FSI shall be made available with or without premium as follows: Premium % of ready reckoner rate Area 10% for all areas in the State other than areas in Pune, Pimpri-Chinchwad, Greater Mumbai, Thane, Navi Mumbai, Kalyan-Dombivali, MiraBhayandar, Ulhasnagar municipal corporations and Ambernath municipal council and in No Industry Districts and Naxalism affected areas of the State 30% Pune, Pimpri-Chinchwad, Greater Mumbai, Thane, Navi Mumbai, KalyanDombivali, Mira- Bhayandar, Ulhasnagar municipal corporations and Ambernath municipal council areas.
  • 37. 37 >> Above 100 % and upto 200% additional FSI with access road of minimum 15 metres width, shall be made available with or without premium as follows: 10% for all areas in the State other than areas in Pune, Pimpri- Chinchwad, Greater Mumbai, Thane, Navi Mumbai, Kalyan- Dombivali, MiraBhayandar, Ulhasnagar municipal corporations and Ambernath municipal council and in No Industry Districts and Naxalism affected areas of the State 30% Pune, Pimpri-Chinchwad, Greater Mumbai, Thane, Navi Mumbai, KalyanDombivali, Mira-Bhayandar, Ulhasnagar municipal corporations and Ambernath municipal council areas. >> Maximum 20% Built up area (excluding parking area) will be permitted for support services. i) Electricity Tariff: Power consumed will be charged at industrial rate for the common facilities in the IT Park (Rs.8.03/ unit). ii) Incentives for Development of Infrastructure - Creation of Critical Infrastructure Fund for IT/ITES Industries iii) Penalty for use of built-up space for non-IT use in the IT Park: the payment will be made to the concerned planning authority and government in the ratio of 3:1. Ÿ Fiscal Incentives for IT / ITES Units >> Stamp Duty exemption: IT / ITES units, including IT Hardware and Telecom Hardware manufacturing units will be entitled to Stamp Duty exemption between 75 to 100%. >> Electricity Duty: New IT / ITES units registered with the Directorate of Industries will be exempt from payment of Electricity Duty from the date of commencement of production / activity for a period of 10 to 15 years (depends on location). INFORMATION TECHNOLOGY
  • 38. 38 INFORMATION TECHNOLOGY >> Power Tariff Subsidy: New IT/ITES units located in areas other than A and B areas will be eligible to get power tariff subsidy for 3 years @ Rs. 1/- per the units in IT SEZs and IT parks in SEZs in these areas shall also be entitled for this subsidy. >> Property Tax: Property tax shall be levied at residential rates. >> Entry Tax: Registered IT / ITES units shall be exempt from octroi / Local Body Tax (LBT) / entry tax / escort tax or other cess or any tax levied in lieu of these for the import of capital goods and raw material for self consumption by the unit. >> Works Contract Tax: Works contract tax on annual maintenance agreements of IT / ITES units shall generally be charged at the minimum rates. >> Continuous Industry Status will be granted. Promotion of Animation, Visual Effects, Gaming and Comics (AVGC): AVGC is essentially an ITES activity and shall be eligible for the benefits admissible to ITES: Ÿ Establishment of Private AVGC Park in Maharashtra: All the incentives admissible to the private IT parks shall be admissible to these private AVGC Parks Ÿ Establishment of AVGC Centers Ÿ Centre of Excellence: Centre of AVGC excellence would be set up on public private partnership (PPP) mode in Mumbai/Pune for which Govt. will provide financial assistance towards capital expenditure and purchase of equipment. Ÿ Venture Capital Fund: A venture capital fund for AVGC sector would be set up with a fund of Rs. 50 crores. Ÿ Fiscal incentives & concessions for AVGC units: AVGC units will have following concessions >> Refund of certification charges: to the extent of 50% expenses subject to maximum of Rs. 2 lacs per unit. >> Capital Subsidy: Investment promotion subsidy as per industrial policy of the State. Anchor unit subsidy equal to 25% of the fixed capital investment for an AVGC unit with a minimum investment of Rs 50 crores & creating a minimum employment for 100 people. The fixed capital investment shall include investment in land, building, machinery, equipments, electrification, pre-operative expenses capitalized >> Exemption from Payment of Entertainment Tax in the State for animation films. >> Capital Subsidy for production of animation films: The animation films produced in the State will be given a capital subsidy equal to 50 % of the cost of production of the film subject to a ceiling of Rs. 30 lakhs for creative art films, educational, scientific, mythological and children's films.
  • 39. 39 >> Non – Fiscal Support: · State Government will encourage Joint Ventures between Indian & Foreign entities. Support will be provided for international events related to AVGC in Maharashtra. Intellectual Property (IP) will be rotected through legal framework. Promotion of Business Process Outsourcing (BPOs) in Rural and Semi-urban Areas: The subsidy would be provided only for business processing units that are located in rural / semi urban areas (village panchayat, A, B and C class municipalities) and its details are as follows. Ÿ Capital Subsidy: Capital subsidy of 20% would be provided on capital investments such as cost of hardware, equipment etc., subject to a maximum of Rs. 25 lakhs to any Rural BPO unit that has been directly employing a minimum of 50 trained seats in the unit. Ÿ Training Subsidy: Training subsidy would be shared by the company and the Government. An amount of Rs. 1500/- per month per person for three months would be provided as training subsidy by the Government (as the normal period of skill building training for BPO is three months) unit after one year i.e. three months training + nine months of continuous employment. INFORMATION TECHNOLOGY Ÿ Exemption from Payments of Security Deposit / Earnest Money Deposit: The Government shall provide exemption from payment of SD/ EMD as available now to the SME Sector. Promotion of Data Centers: Government of Maharashtra is keen to promote Data Centres with special focus on Mumbai. Data Centres with minimum 10,000 sq ft white / raised space and 750 KVA power, within 2 yrs of operation, and designed for Tier 2 and above level certification by an independent agency would be considered under this policy. The Data Centres will be covered under Essential Services and Maintenance Act (ESMA) as an essential service considering the nature and importance of operations involved which cannot be interrupted. Promotion of Entrepreneurship, Innovation and IT Incubation Facility: Ÿ New IT Parks will be required to allocate at least 2% of the built-up area for providing incubation facilities for new units Ÿ Recruitment assistance of Rs. 2.5 lakh for 50 employing local students in Business Incubation Laboratory/R&D Centre/ IT/ITES operation within 2 years.
  • 40. 40 Ÿ A registered IT/ITES MSME unit will be eligible for reimbursement of 50% exhibition participation fee (space cost/rent) for exhibitions approved or organized by NASSCOM & ITPO subject to a ceiling of Rs. 3 lakhs per unit and limited to two such events during the lifetime of the unit/company. Ÿ 50 % of the cost of filing patents will be reimbursed to micro, small and medium IT units, subject to a maximum of Rs. 5 lakhs during the lifetime of the unit/company. Promotion of Green IT: Ÿ Awards will be instituted for demonstrated, efficient natural resource management by IT units. Ÿ The development of comprehensive e-waste collection and recycling systems and their use by the State as well as private agencies for the disposal of IT products, will be promoted. Promotion of brand Maharashtra: Ÿ 50% of the expenditure incurred for certification of CMM Level 2 upwards, IS0 27001 for security & COPC and eSCM certification, limited to a maximum of Rs. 5 lakh, will be reimbursed to micro and small scale IT units under Package Scheme of Incentives. Ÿ 50% of the expenditure incurred for the promotion of AVGC international and national - markets, conferences & events in the fiscal year will be reimbursed to the AVGC companies registered in Maharashtra on registration fee and travel costs limited to Rs. 3 lakhs per annum and a maximum of Rs. 10 lakhs. Ÿ The State's Information Technology Day will continue to be celebrated on 20th August of every year, when awards will be presented to IT / ITES units for outstanding contribution and performance. INFORMATION TECHNOLOGY Initiatives related to Laws of Ease for Doing Business: Ÿ IT / ITES Units will benefit from: >> Relaxation under the Shops and Establishment Act (The Act is designed to regulate payment of wages, hours of work, leave, holidays, terms of service and other work conditions of people employed in shop and commercial establishments) with regard to working hours, work shifts and employment of women. >> Exemption from maintaining physical records for attendance and salary. >> Option for self-certification and filing of consolidated annual returns under 13 Acts administered by the Labour Department.
  • 41. 41 Ÿ Provision for IT / ITES units to maintain employee-related records required under various labour laws in electronic form, and acceptance of returns in electronic form will be made in line with the progress of computerization in the Labour Department. Ÿ IT/ITES units not discharging process effluent and employing less than 100 employees will be exempt from obtaining consent from MPCB. Such unit will be required to submit annual statement to MPCB on disposal of wastes including electronic wastes, used batteries, and used oil. These units will also have to be connected to local sewage network. Ÿ Relaxations under the Contract Labour Act which have been approved for units in SEZs will be considered for all IT / ITES units outside also. Ÿ IT/ITES units (other than IT hardware and Telecom hardware manufacturing units) will be treated as continuous process units for the purposes of power supply. Ÿ The Development Control Regulation (DCR) including of MIDC and other guidelines for establishment of IT parks including in MIDC area shall be in consonance with the IT / ITES policy. INFORMATION TECHNOLOGY Changes from the Government of Maharashtra's IT Policy of 2009: In case of IT and ITeS Policy, comprehensive document was released comprising of separate provisions on AVGC that gets capital subsidy of 25% and rural BPO's that get 20% subsidy. Major changes other than that were: Ÿ Increase in FSI upto 200% from 100% with or without premium. Ÿ Continuous industry status given to service the clients around the globe. For further information: https://di.maharashtra.gov.in/_layouts/15/DOIStaticSite/English/investors_guide_itpolicy. html For questions regarding GST: http://www.gstcouncil.gov.in/sites/default/files/faq/sectoral-faq-it-ites.pdf
  • 42. 42 INFORMATION TECHNOLOGY Contact information: Ÿ Directorate of Information Technology, Government of Maharashtra, 7th Floor, Mantralaya, Mumbai 400032 Phone: 022-22044586 Ÿ Directorate of Industries Dr.Harshadeep Kamble ,I.A.S. Secretary (Small & Medium Industries) & Development Commissioner (Industries) Government of Maharashtra Address : Directorate of Industries, New Administrative Building, 2nd Floor, Madame Cama Road, Opp. Mantralaya, Mumbai – 400032. Email: didci@maharashtra.gov.in Phone: (022) 22028100 Fax: (022) 2202682 Sources: Ÿ MIDC https://www.midcindia.org/documents/20181/28829/MAHARASHTRA+IT+%26+ITES+ POLICY-2015.pdf/580cc1b5-4578-4ccd-b9c7-3a5f925a2ee0 Ÿ The Economic Times //economictimes.indiatimes.com/articleshow/48706136.cms?from=mdr&utm_source= contentofinterest&utm_medium=text&utm_campaign=cppst Ÿ Directorate of Industries Official Website https://di.maharashtra.gov.in/_layouts/15/DOIStaticSite/English/downloads.html Ÿ Doing Business in Maharashtra http://www.doingbusinessinmaharashtra.org/ITES.aspxnd%20Jewellery,%20Micro- Electronics%20and%20Engineering%20Units%20-%202018%20.pdf
  • 43. 43 Textile Policy ® Policy Provisions of the Government of Maharashtra and the Government of India: Ÿ Co-operative Spinning Mills: The scheme of government equity for co-operative spinning mills will be implemented only in the cotton growing districts of the State. The cotton growing tehsils have been identified in Aurangabad, Jalna, Parbhani, Hingoli, Nanded, Beed, Buldhana, Amravati, Nagpur, Akola, Yavatmal, Wardha, Chandrapur, Nashik, Dhule, Nandurbar, Jalgaonand Ahmednagardistricts of the state. The ratio of self-equity of co-operative spinning mills, government equity and loan from financial institutions will be 10:30:60 instead of 5:40: 50. One Time Exit Policy: Co-operative spinning mills and co-operative powerloom societies will be allowed to be privatized provided they are ready to return the government equity, loan and interest thereupon. If there is any change in the industrial use of the land then an amount will have to be paid to the government as per the prevailing rules. Ÿ Powerlooms: Powerloom schemes of Central Government: >>PowerTex India (Comprehensive Scheme for Powerloom Sector Development) Validity: 1 st April, 2017 and would be for a duration up to 31 March, 2020. Eligibility: Powerloom units having upto 8 Looms. Overview of Textile Sector: The State has an excellent infrastructure to play a key role in the growth of the textiles industry. It accounts for about 25 per cent of the country's cotton production. The State contributes 10.4 per cent to the country's textile and apparels output. Also, the State accounts for 11.1 per cent of the country's employment in the sector. As on September, 2017 there are 188 spinning & 36 composite textile mills in the State with installed capacity of 48.39 lakh spindles and 43,863 rotors. It produces nearly 293 million kg of cotton yarn which is nearly eight per cent of India's total production. During 2017, upto September, 155 million kg of cotton yarn has been produced. For further reading: https://mahades.maharashtra.gov.in/files/publication/ESM_17_18_eng.pdf.
  • 44. 44 >> Pradhan Mantri Credit Scheme for Power loom Weavers Eligibility: Existing individual power loom units (or) New individual / group enterprises involved in weaving activity. PMMY: Margin Money Subsidy @ 20% of project cost with a ceiling of Rs 1 lakh. Interest subvention @ 6% per year both for working capital and term loan upto Rs 10 lakh for maximum period of 5 years. >> Solar Energy Schemes for Power looms Eligibility: – Power loom units having upto 8 Looms. – Power loom permit / Acknowledgment issued by the concerned Regional Office of the Textile Commissioner. – Units should have shade free roof top/ area. Subsidy Chart:
  • 45. 45 >> Modified Comprehensive Powerloom Cluster Development Scheme (MCPCDS) Financial Assistance: – Matching investment in the ratio of Government (60) : Private (40). – Government of India provides subsidy of 60% of the project cost with maximum ceiling upto Rs 50 crore. For further reading: http://texmin.nic.in/schemes Policy Provisions of State Government for Powerlooms: Subsidy for modernization Sr. No. Type of modernization Subsidy rate per loom General Category (35%) Scheduled Casts (20%) Scheduled Tribes (8%) 1 Conversion of Simple Power loom to Semi Automatic shuttle loom Rs. 10,000/- Rs. 6,800/- Rs. 2,400/- 2 Conversion of Semi Automatic shuttle loom to Shuttle less rapier loom Rs. 17,500/- Rs. 10,000/- Rs. 4,000/- 3 Conversion of Simple Power loom to Shuttle less rapier loom Rs. 28,000/- Rs. 16,000/- Rs. 6,400/- (Source: Textile Policy 2018) Ÿ Capital Subsidy in lieu of Interest Subsidy
  • 46. 46 Type of Textile Processing (Yarns, Fabriic, Printing) Technical Textile knitting, Hosiery & Garmenting Composite Unit ** Spinning, Ginning, Pressing Conversion of old Plain Power looms to Shuttleless Rapier looms or looms based on latest technology (Modernization of Powerlooms) New Powerlooms based on latest techonlogy (Other than plain powerloom), Weaving, Preparatory, Warping, Sizing,Conni ng, Twisting, Doubling, TFO & Other Textile units excluding those mentioned at Col.2 to 5 1 2 3 4 5 6 % of eligible amount % of eligible amount % of eligible amount % of eligible amount % of eligible amount Subsidy to units in the General Category 40% 35% 25% 25% 25% Subsidy to units in the SC/ST/Minority Catagory 45% 40% 30% 30% 30% Additional Subsidy for production of Yarn, Fabric & other Products from Non- Conventional Yarn 10% 10% 10% - - (Source: Textile Policy 2018)
  • 47. 47 5% additional capital subsidy for projects with investment of Rs. 500 crore and above. If it is the first project / pioneering project in that taluka then additional 5%, totaling to 10% capital subsidy will be applicable. Eligible Units: >> Projects for which the long term loan has been approved for machinery under the centrally sponsored TUFS scheme from the date of issuance of this Government Resolution or the reafter till 31 March 2023. >>Ginning and spinning projects for which the long term loan has been approved till 31 March 2023 by banks / financial institutions and where the projects have submitted Form-A on the State Government website. Note: New / Expansion / Diversification / Modernization self-financed textile projects will be granted capital subsidy as per capital subsidy in lieu of Interest Subsidy Scheme. Ÿ Textile Parks: The scheme of providing Rs. 9 crore or 9% of project cost, whichever is lower, to the projects by the State Government and those which are approved under Central Government SITP scheme (Government Resolution dated 25 May 2012) will be continued. Ÿ Processing: The Following additional subsidies will be applicable for textile projects in the Vidarbha, Marathwada & North Maharashtra regions:
  • 48. 48 Type of Textile % of eligible amount % of eligible amount % of eligible amount % of eligible amount % of eligible amount Additional Capital subsidy 20% 10% 10% 10% 10% Additional subsidy for units having Forward/Backward Integration 5% - 5% - 5% Additional subsidy for units set up in a Taluka not having any existing spinning mills - - 5% - - 5% Additional subsidy for new composite unit set up in a Taluka not having any Co- Operative or Private spinning mills - 5% - - - (Source: Textile Policy 2018) The existing State scheme of 25% of project cost or Rs. 37.5 crore whichever is lower for projects approved under centrally sponsored IPDS scheme (Government Resolution dated 10/02/2015) will be continued. Ÿ Knitting, Hosiery and Garmenting: Plug & play premises will be established by MIDC in each District / Taluka of Vidarbha, Marathwada and North Maharashtra for setting up of knitting, hosiery and garmenting units. (Plug and play offices are equipped with modern facilities and technology and can start functioning immediately after taking possession) Ÿ Mega Projects: New or expansion projects of the textile sector with investments of Rs. 100 crore or generation of employment for at least 250 in any Taluka will be granted the status and incentives of a mega project under the Industries Department's Packaged Scheme of Incentives.
  • 49. 49 Ÿ Subsidy for Green Initiatives: Additional 10% capital subsidy will be given for vegetable dyeing as well as producing and using non-conventional and organic yarn. Further, to promote non-conventional power (solar and wind), only transmission charges will be applicable for those non- conventional power plants. Ÿ Subsidy for Green Initiatives: >> A subsidy of Rs. 3 per unit will be given to co-operative spinning mills for a period of 3 years. Within this period of 3 years the units will set up non-conventional power projects to fulfil their power needs. The restriction of 1 MW is removed from the net metering scheme. The subsidy of Rs. 3 per unit will not be applicable to open access. The subsidy will be reviewed every year and will be reduced to keep the overall annual subsidy burden within Rs. 150 crore. >> A subsidy of Rs. 2 per unit will be given to powerlooms using power above 200 HP >> Subsidy given to powerloom units using less than 27 HP, 27 to 200 HP and more than 200 HP, will similarly be applicable to garment, knitting and hosiery units. >> A subsidy of Rs 2 per unit will be given to spinning mills (except co-operative spinning mills), processing units and all other textile units which are using more than 107 HP power. Ÿ Handloom Development: The loan and the interest thereon given to the Maharashtra State Handloom Corporation will be converted to government equity to strengthen the Maharashtra State Handloom Corporation. Schemes in Correspondence with the Central Government: Ÿ TUF Scheme: Capital Investment Subsidy rates (Central Government)
  • 50. 50 Sl. No. Segment Rate of Capital Investment Subsidy (CIS) 1 Garmenting, Technical Textiles 15 % Subject to an upper limit of Rs. 30 crores 2 Weaving for brand new Shuttle-less Looms (including weaving preparatory & knitting), Processing, Jute, Silk & Handloom 10 % subject to an upper limits of 20 crores 3(a) Composite unit/Multiple segments- If the eligible capital investment in respect of Garmenting & Technical Textiles category is more than 50% of the eligible project cost 15 % Subject to an upper limit of Rs. 30 crores 3(b) Composite unit/Multiple segments- If the eligible capital investment in respect of Garmenting & Technical Textiles category is less than 50% of the eligible project cost 10 % subject to an upper limits of 20 crores (Source:http://texmin.nic.in/sites/default/files/revised_atufs_guideline_02082018.pdf) Ÿ Scheme for Integrated Textiles Parks (SITP): The primary objective of the Scheme is to provide financial assistance to a group of entrepreneurs to establish state-of-the-art infrastructure facilities in a cluster for setting up their textile units, conforming to international environmental and social standards and thereby mobilize private investment in the textile sector and generate fresh employment opportunities. (For further information: http://texmin.nic.in/sites/default/files/SITP%20guidelines%202020%282%29.pdf) Ÿ Integrated Power Development Scheme (IPDS): The scheme was introduced by the central government for strengthening power sub- transmission and distribution in the urban areas. (For further information: https://powermin.nic.in/en/content/integrated-power- development-schemeipds) The policy is preceded by the Textile Policy 2011-17. The Textile Policy re-introduced in 2018 for a period of five years had the following changes from its previous counterpart: Ÿ The ratio of self-equity of co-operative spinning mills, government equity and loan from financial institutions will be 10:30:60 from 10:45:50 with an aim to provide timely government equity to the co-operative spinning mills. Ÿ Grants on modernization of powerlooms ranging from Rs. 28,000 to Rs. 6,400. Change from percentage basis. Ÿ Interest Subsidies range from 10 to 40% in the new policy and additional capital subsidies lie between 5 to 20%. Earlier the scheme disbursed 7 to 10% depending on the nature of textile industry. Ÿ Disbursement of subsidies changed from 7 years to 3 years.
  • 51. 51 Ÿ The ratio of self-equity of co-operative spinning mills, government equity and loan from financial institutions will be 10:30:60 from 10:45:50 with an aim to provide timely government equity to the co-operative spinning mills. Ÿ Grants on modernization of powerlooms ranging from Rs. 28,000 to Rs. 6,400. Change from percentage basis. Ÿ Interest Subsidies range from 10 to 40% in the new policy and additional capital subsidies lie between 5 to 20%. Earlier the scheme disbursed 7 to 10% depending on the nature of textile industry. Ÿ Disbursement of subsidies changed from 7 years to 3 years. Contact information: Ÿ The Officer-in-Charge: Regional Office of the Textile Commissioner, Kendriya Sadan, Near RBI Bank, CBD Belapur, Navi Mumbai - 400614 Phone:022-27562629 Fax:022-27562629 Email: mumbai-rotxc@nic.in Powerloom Service Centre: The Officer-in-Charge, TXC - Powerloom Service Centre, Industrial Co-operative Association Ltd., Kidwai Road, Dist. Nasik, Malegaon – 423203 Tel: 042554 – 230203 E-mail: malegaon-psc@nic.in Ÿ The Officer-in-Charge: TXC - Powerloom Service Centre, 2nd floor, N.S.Building, Civil Lines, Nagpur - 440001 Tel: 09702026770 E-mail: pscnagpur2015@gmail.com Ÿ The Officer-in-Charge: ATIRA-Powerloom Service Centre, Shree Vaishnav Polytechnic M.O.G. Lines, Indore - 452009 The Officer-in-Charge, BTRA ,Powerloom Service Centre, Somwar Peth, Adj. Post Office, Madhavnagar-416406 Dist - Sangli Tel: 0233 – 2311490 For further information: https://mahatextile.maharashtra.gov.in/
  • 52. 52 Ÿ Office of the Textile Commissioner: Govt. of India, Ministry of Textiles 48, Vithaldas Thackersey Marg, Nishtha Bhavan, Mumbai – 400020 Tel : 022 - 22001050 | Fax : 022 – 22004693 E-mail: pdc.otxc@gmail.com | www.txcindia.gov.in Ÿ Contact Information for Co-operation, Marketing and Textiles Department Government of Maharashtra: Mr. B.B. Chavhan, Joint Secretary Co-operation, Marketing and Textiles Department Government of Maharashtra,3rd Floor,Room No-315 Annex,Mantralaya,Mumbai-400 032. Tel:022-22025159, +91 9867571269 E-mail:baliram.chavhan@nic.in Sources: Ÿ Co-operation, Marketing and Textiles Department Government of Maharashtra Official Website https://mahatextile.maharashtra.gov.in/ Ÿ Maharashtra Government Official Website https://www.maharashtra.gov.in/Site/Upload/Government%20Resolutions/Marathi/201 802171625204302.pdf Ÿ Textile Excellence https://www.textileexcellence.com/news/trade-policy/maharashtra-launches-new- textile-policy-2018-23-to-accelerate-growth/ess/maharashtra-government-again- takes-steps-to-amend-apmc-act/article26029899.ece) The above information has been collated by Mrinalini Kacker who is an Economic Policy Research intern at MCCIA. She has pursued M.A. Economics from Symbiosis College of Arts and Commerce. Disclaimer: All the information has been taken from the secondary sources. Details of these sources are already mentioned.