Uttar Pradesh approves a startup policy to set up 100 incubators in the state. It aims to provide an estimated Rs 40,000 crore as subsidies to industries in the next 5 years. This is 51 per cent of total IEMs filed nationwide. Vide this update, we wish to apprise key features of the New Gujarat Industrial Policy 2020 which intends to make Gujarat ‘The Business Card of India’.The Policy focuses to promote MSMEs with added focus on certain ‘Thrust Sectors’. The Gujarat Single Window Clearance Act 2017 and the Gujarat MSME Act 2019. The support of a proactive government is paramount. The new policy is in line with the Atma Nirbhar Bharat Abhiyan. Rupani added that the recently released Gujarat Industrial Policy, 2020, has received encouraging feedback. The new purchase price stands at Rs 2.25 per unit against Rs 1.75. Gujarat Industrial Policy 2020 1. The state government has translated the Gujarat Industrial Policy 2020 into eight foreign languages, including English, in an attempt to reach out to foreign companies across the globe. New Delhi, Dec 18 (PTI) Gujarat has been focussing on Industry 4.0 and also on an innovation-driven ecosystem, Chief Minister Vijay Rupani said on Friday. The New Gujarat Industrial Policy 2020 will offer interest subsidy upto 7% upto INR 35 lakhs per annum for a period upto 7 years to these service sector MSMEs in the state including those engaged in Financial Services, Healthcare Services, Audio Visual services, Construction related … Gujarat Industrial Policy 2020 Tamil: Gujarat Industrial Policy 2020 Telugu . Office of the MSME Coommissionerate, Block No. – The New Gujarat Industrial Policy 2020 will offer interest subsidy upto 7% upto INR 35 lakhs per annum for a period upto 7 years to these service sector MSMEs in the state including those engaged in Financial Services, Healthcare Services, Audio Visual services, Construction related engineering services, Environmental services etc. This is 51% of total IEMs filed in the country. The state govt had extended this policy which expired on December 31, 2019 up to the release of a new policy or December 31, 2020, whichever is earlier. The new Industrial policy is divided in 15 thrust areas in core sectors and sunrise sectors as follows: i.Core sectors–  Electrical machinery & equipment, Industrial Machinery & equipment, Auto & Auto Components, Ceramics, Technical Textiles, Agro & Food Processing, Pharmaceuticals & Medical devices, Gems & Jewelry and Chemicals. For tribal Talukas, it will support establishing industrial parks at 50% of fixed capital investment up to Rs 30 crore. Email: assocham@nic.in. The policy will announce capital and interest subsidy for MSMEs. It replaces the Gujarat Industrial Policy 2015. – Irrespective of any sector, the thrust on 100% export oriented units will be given. The Gujarat government has announced the Industrial Policy 2020 for the state, with an expected average annual outlay of up to Rs 8,000 crore. The subsidies being allocated to the current policy is 3 times as that of the previous policy. GPSC has extended the last date for Apply Online on 10th December 2020 - Click Here GPSC Recruitment 2020-21 Basic Information Gujarat Public Service Commission (GPSC) has published a recruitment notification (01 to70/2020-21) on 06/11/2020. The operative period of the scheme shall be from 07/08/2020 to 06/08/2025 The Industrial Policy 2020 envisions Gujarat as a global business destination for next-generation sustainable manufacturing and service industry. i.It will Provide incentives to private industrial parks and also provide ‘relocation incentives’ to the units who look to relocate in wake of Covid-19 pandemic, particularly from China. Gujarat Public Service Commission (GPSC) has issued the latest notification for the recruitment of 2020. © Copyright 2020 Ministry of Micro, Small and Medium Enterprises. IFP: Single Window Facilitation for Investors Toll Free HelpLine Number : 1800 233 1847 (Timing: 10:30 AM - 6:10 PM - Working Days) Centralized system to monitor … This policy shall be valid for a period of five years from 7 th August, 2020. Public-private partnership policy –  Electrical machinery & equipment, Industrial Machinery & equipment, Auto & Auto Components, Ceramics, Technical Textiles, Agro & Food Processing, Pharmaceuticals & Medical devices, Gems & Jewelry and Chemicals. The policy will … The state govt will pay 50 paise more to every unit of solar power bought from MSMEs to encourage MSMEs to use rooftop solar power. To set up private industrial parks in the state, the private developer will be provided incentives which will be 25% of fixed capital investment up to Rs 30 crore. The State has attracted large number of investments in the past, yet there has been a shortage of sector-specific high-quality manpower. Focus on China. Why Gujarat is known as a Growth Engine for New India in this Contemporary Period of Time? ”, where Large industries will be provided up to 12% of fixed capital investment (FCI) to set up manufacturing operations in the state in form of capital subsidy. i.Macpower CNC Machines Ltd, a Rajkot (Gujarat) based manufacturer of CNC (Computerized Numerical Control), has made India’s 1st indigenous hot air seam sealing machine used to manufacture personal protective equipment (PPE) kits. INDIA, MSME-D Branch No. Therefore, the Gujarat Industrial Policy 2020 lays a strong emphasis on expanding the skill base in the state. For the purpose, Government of Gujarat announced “New Industrial Policy 2020” on 7 th August 2020 to propel the state further towards to “Atmanirbhar Gujarat” and so as “Atmanirbhar Bharat”. ii.Sunrise Sectors– Industry 4.0 manufacturing, Electric Vehicle and its components, Waste management projects, Green Energy including Solar & Wind Equipment and Eco-friendly compostable material for substitutes to traditional plastics. Lease out government land to industrialists. Governor– Acharya Devvrat, Under the new policy Gujarat will become the. Achievement of previous Industrial Policy. It aims to provide an estimated Rs 40,000 crore as subsidies to industries in the next 5 years. 1, 4th Floor, Udyog Bhavan, Gandhinagar 382 010. The state government for the 1st time will provide the support to upto 65% of the total cost of acquiring foreign patented technologies by Micro, Small and Medium Enterprises(MSMEs). The new purchase price stands at Rs 2.25 per unit against Rs 1.75. iii.The policy will announce capital and interest subsidy for MSMEs. Gujarat stands first in terms of number of Industrial Entrepreneurship Memorandum (IEM). i.To set up private industrial parks in the state, the private developer will be provided incentives which will be 25% of fixed capital investment up to Rs 30 crore. Gujarat Govt launched ‘Atmanirbhar Gujarat Sahay Yojna’ to provide loans to small businessmen. TALUKA LIST FOR INDUSTRIAL POLICY 2020: 2: GUJARAT INDUSTRIAL POLICY-2020: 3: Gujarat Industrial policy 2015: 4: Electronics & IT ITes start up policy (2016-21) 5: SME ACT 2019 GUJARATI TRANSLATIOIN: 6: GUJARAT MSME Facilitaion : 7: SME ACT 2019: 8: MSME Cluster Development Policy: 9 Kiri Industries said it will invest Rs 3,000 crore in Specialty Chemicals. Macpower CNC Machines Ltd, a Rajkot (Gujarat) based manufacturer of CNC (Computerized Numerical Control), has made India’s 1st indigenous hot air seam sealing machine used to manufacture personal protective equipment (PPE) kits. ii.Gujarat Govt launched ‘Atmanirbhar Gujarat Sahay Yojna’ to provide loans to small businessmen. – Industry 4.0 manufacturing, Electric Vehicle and its components, Waste management projects, Green Energy including Solar & Wind Equipment and Eco-friendly compostable material for substitutes to traditional plastics. i.The new policy provides for appointment of relationship managers by the Industrial Extension Bureau (iNDEXTb) that hosts the biannual Vibrant Gujarat summit. The state government has still not taken a decision about hosting the summit in January 2021. The current policy is 3 times as that of the previous policy to provide an estimated 40,000... 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