It aims to provide an estimated Rs 40,000 crore as subsidies to industries ⦠A key objective of Gujarat Industrial Policy 2020 is to facilitate state of the art, sustainable infrastructure in the State. The new policy has been framed after meetings held with various stakeholders by nine task force committees of the state government. Sources : CMIE, ASI 2010-11 & Economic survey 2011-12 5 ⢠Manufacturing sector output of Gujarat stands at 13% of the total output of the total national output. ⢠The state is leader in production of Soda ash, Salt, Petrochemical downstream products and Export of Diamonds ⢠With the Manufacturing Policy â2011, Gujarat aims to increase the share of manufacturing sector in total GSDP from The new policy replaces the previous National Policy on Education, 1986. New Industrial Policy 2015 Read More. It has been notified that the employer shall be required to give 3 month’s notice to the workman and merely paying of wages in lieu of notice has been deleted. The state will provide an incentive to private developers for setting up private industrial parks in the state. Road Policy. Industrial Disputes Act, 1947 Governor of GujaratEffective Date : 03 Jul, 2020, I have read and agree to the terms & conditions. It is expected that the average annual outlay for the New Gujarat Industrial Policy 2020 will be upto INR 8,000 crore. The last policy was immensely successful due to the fact that Gujarat stands first in terms of number of Industrial Entrepreneurship Memorandum filed for 2019. It will focus on 15 thrust areas and they have been divided into the core sector and sunrise sector. Industrial Policy 2020 Industrial Policy 2015. Current Affairs [PDF] - December 1-15, 2020, Current Affairs MCQs PDF - November, 2020, Current Affairs [PDF] - November 17-30, 2020, Important Days & Events in Current Affairs. Gujarat Industrial Policy 2020 has been unveiled by the state that aims to provide an estimated Rs 40000 crores as subsidies to the industries within the next five years. Gujarat Files Parody DOWNLOAD READ ONLINE File Size : 44,7 Mb 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. What is new in the Gujarat Industrial Policy 2020? What are Micro, Small & Medium Enterprises ? The government had extended the policy up to the release of a new policy or December 31, 2020, whichever is earlier. Gross State Domestic Product (GSDP) of Gujarat at constant (2004-05) prices in 200910 has been estimated at Rs. MCA has issued Clarification on Extension of Annual General Meeting (AGM) for the financial year ended as at 31.03.2020 beyond the statutory period provided in Section 96 of the Companies Act, 2013. On August 7, 2020 Gujarat Government announced the New Industrial Policy 2020 for the State, with an expected average annual outlay of up to Rs 8,000 crore, which is meant to provide incentives to the industries. This new policy provides an average annual outlay of Rs 8000 crores, which will be earmarked for providing incentives to the industries. section 25K has been amended, wherein the threshold limit for applicability of provisions of chapter VB has been increased from 100 workers to 300 workers, employed in the industrial establishments (not being an establishment of a seasonal character or in which works are performed only intermittently). The new policy provides an average outlay of Rs 8,000 crores under which incentives are to be provided to the industries in the state. Download Gujarat Sarkari Yojana list 2020 in PDF format and read the latest updates and news about new and upcoming social welfare schemes of Gujarat Government in 2020. The new purchase price will be Rs 2.25 per unit. The government will also provide support up to 65% of the cost of acquiring foreign patented technologies by MSMEs. What is new in the Gujarat Industrial Policy 2020? The new policy is aimed at leasing out government land to industrialists, provide incentives to private industrial parks and also provide relocation incentives to units intending to relocate in wake of COVID 19 Pandemic. ... SIR Act 2009 Viability Gap Fund Policies Master Plans Summary Big 2020 Vision 2030 for Gujarat ⦠SEBI has released a Consultation Paper on Recalibration of the threshold for Minimum Public Shareholding norms, enhanced disclosures in Corporate Insolvency Resolution Process (CIRP) cases. To encourage employers to employ more workers, this change has been effected; section 25N has been amended that specifies the conditions precedent to retrenchment of workmen. On this page, you can get the direct download links for GPSC Syllabus and Exam Pattern. When Gujarat was struggling for a foothold in the industrial arena of India, a strong and urgent need for uniform, all-round peaceful, stable and sustained development of industries of Gujarat was foreseen as utmost priority by the dedicated and committed industrialists of Gujarat during the year of eighties. Gujarat State wants to select the candidates who have the minimum educational qualifications for its OJAS Maru Gujarat 2020 Vacancy. Gujarat government schemes list 2020 and complete details of all Gujarati Sarkari Yojana of current and previous Gujarat governments. The Gujarat State Government has held joint meetings with countries such as Japan, Germany, USA and UK in this regard. The government will pay 50 paise more to every unit of solar power bought from the MSMEs in order to promote rooftop solar power. The Reserve Bank of India has issued the Foreign Exchange Management (Export and Import of Currency) (Amendment) Regulations, 2020 to further amend the Foreign Exchange Management (Export and Import of Currency) Regulations, 2015. Download Gujarat Sarkari Yojana list 2020 in PDF format and read the latest updates and news about new and upcoming social welfare schemes of Gujarat Government in 2020. Gujarat launches Industrial Policy 2020 August 8, 2020 Gujarat Industrial Policy 2020 has been unveiled by the state that aims to provide an estimated Rs 40000 crores as subsidies to the industries within the next five years. IT Policy Read More. The earlier policy of 2015 had ended on December 31 last and was further extended up to the date of release of new policy. The New Industrial Policy of Gujarat unveiled in January, 2015 with vision of making the Gujarat a âTotal Business Destinationsâ as a global competitive and innovative industrial destination that stimulates sustainable development & promotes inclusive growth. Industrial Scenario in Gujarat Major Economic Sector in Gujarat- Current Status Gujaratâs economic growth has been faster in recent years while sustaining a double digit growth for a considerable period of time. Tourism Policy 2003 - 2010 Read More. 5. GANDHINAGAR: Gujarat Chief Minister Vijay Rupani announced Stateâs Industrial Policy 2020 here on Friday. In recent years, the state government has undertaken several initiatives for creation India’s Largest Professional Blogging and News Club ! Gujarat is the first state to do so under the new policy. 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