By IANS
Bhopal : With duty exemption in land transfer, power cess and for producing electricity from non-conventional sources, Madhya Pradesh is wooing industry by amending a 2004 policy.
A cabinet meeting chaired by Chief Minister Shivraj Singh Chouhan Thursday approved amendments to the state’s Industry Augmentation Policy 2004 to make it more industry-friendly.
Apart from the duty exemption, there will be various exemptions for units based on small forest produce, which will now be regarded as a thrust sector, according to an official statement.
The amendments will be implemented with retrospective effect from April 1, 2004.
The statement said the government would establish labour welfare centres and night rest houses in industrial development centres, as well as hospitals for workers.