Correct Answer : Bhupendra Patel
The Gujarat CM "Bhupendra Patel" has launched Wednesday(5th Oct 2022) an incentive scheme for industries to attract Rs 12.5 lakh crore of investments to the state in the next 10 years.
Government of Gujarat, under Chief Minister Bhupendra Patel, has responded to Prime Minister Narendra Modi’s call of ‘Aatmanirbhar Bharat’ on 75 years of India’s independence. The state is on a mission to fulfil the mantra of ‘Aatmanirbhar Gujarat to Aatmanirbhar Bharat’.
As a step forward, CM Patel announced ‘The Aatmanirbhar Gujarat Schemes for Assistance to Industries’ in the presence of Minister of State for Industries Jagdish Vishwakarma.
Prime Minister Narendra Modi has envisioned an Aatmanirbhar Bharat by 2047, a year when India will celebrate 100 years of Independence. Under his leadership, India has risen as the Fastest Growing Economy on the global map. Given this opportune time, the scheme aims to attract industries and investors and thereby create large scale employment opportunities.
Incentives to MSMEs under ‘The Aatmanirbhar Gujarat Schemes for Assistance to Industries’ are as under :
* Net SGST reimbursement to MSMEs upto 75% of fixed capital investment over 10 years
* Capital Subsidy upto INR 35 lakhs for Micro Industries
* Interest subsidy to MSMEs upto INR 35 lakhs per annum for upto 7 years
* EPF reimbursement for 10 years
* Incremental incentives to women entrepreneurs, young entrepreneurs, startups and differently abled entrepreneurs
* Electricity Duty exemption for 5 years
Source : CMO Gujarat
