The State has attracted large number of investments in the past, yet there has been a shortage of sector-specific high-quality manpower. ASSOCHAM, 4th Floor, YMCA Cultural Centre and Library Building, 01, Jai Singh Road, New Delhi - 110001. ii.The state government has still not taken a decision about hosting the summit in January 2021. 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. Gujarat Industrial Policy 2020 – Huge Incentives to MSMEs Going Solar | 2nd September 2020 Gujarat, one of the leading solar energy-rich states of India, recently released its new industrial policy. The State Government of Gujarat is committed to reinforce the industrial activities and to bring economic activities back on track. In the policy, the state has announced some major incentives for MSMEs looking to solar. The new policy is in line with the Atma Nirbhar Bharat Abhiyan. Further, the Policy also incentivizes industries promoting sustainable growth. Rupani added that the recently released Gujarat Industrial Policy, 2020, has received encouraging feedback. 2. The new policy will allow to lease out government land to industrialists on long term lease of up to 50 years at 6% of the market rate. These managers are meant to be the single point of contacts for investors. Provisions of the New Industrial Policy 2020. Policy Period. Assocham. Gujarat Chief Minister Vijay Rupani speaks on "Gujarat: The growth engine and its contribution towards achieving five billion economy for new India" at Special State Session at a webinar at Assocham Foundation Week 2020 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. Karnataka and Tamil Nadu announce information technology policies. 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. 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’. Focus on China. The maximum support will be up to Rs 50 lakh. i.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 Gujarat Single Window Clearance Act 2017 and the Gujarat MSME Act 2019. The subsidies being allocated to the current policy is 3 times as that of the previous policy. – Electrical machinery & equipment, Industrial Machinery & equipment, Auto & Auto Components, Ceramics, Technical Textiles, Agro & Food Processing, Pharmaceuticals & Medical devices, Gems & Jewelry and Chemicals. This is 51 per cent of total IEMs filed nationwide. AffairsCloud YouTube Channel - Click Here. – 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. It replaces the Gujarat Industrial Policy 2015. Why Gujarat is known as a Growth Engine for New India in this Contemporary Period of Time? Kiri Industries said it will invest Rs 3,000 crore in Specialty Chemicals. The Industrial Policy 2020 has been drafted with this agenda at its core and the policy aims to further ease the regulatory mechanism and procedure by strengthening the helpdesks, disseminatio n of information and a strong mechanism to collect investor feedback. ”, 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. 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The state government has still not taken a decision about hosting the summit in January 2021. Therefore, the Gujarat Industrial Policy 2020 lays a strong emphasis on expanding the skill base in the state. Gujarat Public Service Commission (GPSC) has issued the latest notification for the recruitment of 2020. For tribal Talukas, it will support establishing industrial parks at 50% of fixed capital investment up to Rs 30 crore. 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. Lease out government land to industrialists. 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. Gujarat announces its Industrial Policy, 2020. Phone: 46550555(Hunting Line) Fax: 01123017008/9. Public-private partnership policy All Rights Reserved. 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. 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. Relocation incentives- For this purpose the state has already held meetings with Japan, United States, Germany and UK. Gujarat stands first in terms of number of Industrial Entrepreneurship Memorandum (IEM). - 23258378 , LEGAL Expert No.-23258379, Site best viewed at 1024 x 768 resolution in I.E 10+, Mozilla 40+, Google Chrome 50+. 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. ii.For tribal Talukas, it will support establishing industrial parks at 50% of fixed capital investment up to Rs 30 crore. Extension of time limit of various incentive schemes under Industrial Policy, 2015, MSME SAMADHAAN- Delayed Payment Monitoring System, Scheme for Capital Subsidy to Large Industries and Thrust Sector, Dr.Babasaheb Ambedkar udhyog uday yojana for SC/ST Eatrepreneurs for MSME, Scheme for Assistance to Micro, Small and Medium Enterprises (MSME), Scheme for Market Development Assistance to MSMEs, Scheme of Assistance to GIDC for development of Multi Storeyed Sheds for Micro and Small Enterprises (MSEs), Scheme of Assistance to MSEs for Shed developed by Private Developer, Scheme for Assistance for Research and Development Activities, Scheme for Assistance for Start Ups/Innovation, Scheme for Assistance for Environment Protection Measures, Scheme for Assistance for Industrial Infrastructure, Scheme for Financial Assistance to Industrial parks, Scheme for Enhancement of Technical competence and Manpower, Scheme of Assistance for Common Environment Infrastructure. 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. Note– Irrespective of any sector, the thrust on 100% export oriented units will be given. 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. Past, yet there has been a shortage of sector-specific high-quality manpower total IEMs filed.... The current policy is 3 times as that of the previous policy relationship managers by the Industrial Extension Bureau iNDEXTb... 2019 and the government of Gujarat today announced new Industrial policy 2020 1 assocham, 4th Floor YMCA! 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