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It increases the seed support from Rs 20 lakh to Rs 30 lakh for startups and also offers increased sustenance allowance and additional fiscal support. 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. Governor– Acharya Devvrat, Under the new policy Gujarat will become the. 2. The state government has still not taken a decision about hosting the summit in January 2021. Other details of like Education Qualification Details, Required Age Limit, Mode Of selection, Fee Details and How to Apply are given below… Addressing a webinar organised by the Assocham, Rupani said the state's new industrial policy and the Atmanirbhar Bharat initiative will help give pace to the state economy. Gujarat Industrial Policy 2020 Tamil: Gujarat Industrial Policy 2020 Telugu . 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. Gujarat Public Service Commission (GPSC) has issued the latest notification for the recruitment of 2020. ii.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. 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. Office of the MSME Coommissionerate, Block No. Provisions of the New Industrial Policy 2020. It replaces the Gujarat Industrial Policy 2015. 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 … The Gujarat Industrial Policy 2020 has been formed to further consolidate the growth momentum that the state has achieved over the past few years, and enhance the current growth rate. 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. In August 2020, the State government of Gujarat announced the New Gujarat Industrial Policy (GIP) 2020. Gujarat state government has announced a new industrial policy.Gujarat Chief Minister Vijay Rupani made the announcement at a press conference in Gandhinagar on August 7, 2020. Email: assocham@nic.in. ASSOCHAM, 4th Floor, YMCA Cultural Centre and Library Building, 01, Jai Singh Road, New Delhi - 110001. The new policy has been declared on expiry of outgoing … 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. The new policy provides for appointment of relationship managers by the Industrial Extension Bureau (iNDEXTb) that hosts the biannual Vibrant Gujarat summit. In FY 2019-20, Gujarat saw the highest national increment of 240% in FDI inflows from previous year as against a growth of 14% in FDI in India Key Features of the Gujarat Industrial Policy 2020 Gujarat is the first state to undertake a bold decision to de-link incentives from SGST 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. Karnataka, Tamil Nadu, and Uttar Pradesh unveil a new electronics manufacturing policy. Focus on China. Success of previous Industrial Policy. © Copyright 2020 Ministry of Micro, Small and Medium Enterprises. Phone: 46550555(Hunting Line) Fax: 01123017008/9. Acquisition of foreign technologies by MSMEs 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. These managers are meant to be the single point of contacts for investors. The Gujarat Industrial Policy 2020 has been formed to further consolidate the growth momentum that the state has achieved over the past few years, and enhance the current growth rate. 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 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. Against Rs 1.75. iii.The policy will announce capital and interest subsidy for MSMEs over of.: the government of Gujarat Administrative Officer, Professor & Others in terms of number investments! 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