Haryana to offer Rs 2 per unit power subsidy to micro, small enterprises

| Jan 6, 2018, 07:38 IST
Chandigarh: The Haryana government on Thursday issued a notification to give a subsidy of Rs 2 per unit on electricity bills to micro and small enterprises in 'C' and 'D' category blocks. The subsidy to be given under the Enterprises Promotion Policy, 2015, and will continue for three years from the date of release of power connection.

Haryana industries and commerce minister Vipul Goel said on Wednesday that the state government had implemented the policy for balanced industrial development. He added that the aim of policy was to facilitate gross state domestic product (GSDP) growth rate in excess of 8%, generate employment for more than four lakh persons and make Haryana as a major investment destination.


"The policy has increased the competitiveness in the micro, small and medium enterprises (MSMEs) through cluster development and adoption of 'zero defect zero effect' manufacturing practices," Goel said.


The minister added that under the policy, Haryana Enterprise Promotion Board had been constituted and in 31 blocks, there was no need of change of land use (CLU) permission and no objection certificate (NOC) for setting up of industrial units and in 75 blocks there was a provision of automatic CLU.



Get latest news & live updates on the go on your pc with News App. Download The Times of India news app for your device.

From around the web

Help this mother save her 3-month-old baby

Milaap

10 Tv stars who make more money than Bollywood actors

CRITICSUNION

13 annoying things NRIs do when they return to India

WIRAL GYAN

More from The Times of India

Rani Mukherji's FIRST PHOTOSHOOT For Hichki Movie

19-year-old Indian national shot dead in US

Gurmeet Choudhary New Year FULL Performance Uncut Video

From the Web

More From The Times of India