The Cabinet has provided some additional allocations for the industrial development scheme, 2017 for Himachal Pradesh and Uttarakhand.Which of the following is/are true in accordance with the allocations provided?
I. The cabinet has approved an additional allocation of over Rs 1,100 crore for the industrial development scheme, 2017 for Himachal Pradesh and Uttarakhand.
II.The additional fund was required to meet the liabilities under the scheme up to 2029-30.
III.All eligible new industrial units and existing industrial units on their substantial expansion in the manufacturing and service sector will be provided Central Capital Investment Incentive for access to credit (CCIIAC) @ 30% of the investment in Plant and Machinery with an upper limit of Rs.5.00 crore.
IV.All eligible new industrial units and existing industrial units on their substantial expansion will be eligible for reimbursement of 100% insurance premium on insurance of building and Plant & Machinery for a maximum period of 8 years from the date of commencement .
The cabinet has approved an additional allocation of over Rs 1,100 crore for the industrial development scheme, 2017 for Himachal Pradesh and Uttarakhand. The additional fund was required to meet the liabilities under the scheme up to 2028-29. Under this scheme, the total financial outlay was Rs 131.90 crore. As per the approval of additional funds under the above scheme, the following incentives would be benefitted under the scheme. Central Capital Investment Incentive for Access to Credit (CCIIAC): o All eligible new industrial units and existing industrial units on their substantial expansion in the manufacturing and service sector located anywhere in the States of Himachal Pradesh and Uttarakhand will be provided Central Capital Investment Incentive for access to credit (CCIIAC) @ 30% of the investment in Plant and Machinery with an upper limit of Rs.5.00 crore. Central Comprehensive Insurance Incentive (CCII): o All eligible new industrial units and existing industrial units on their substantial expansion located anywhere in the states of HP and Uttarakhand will be eligible for reimbursement of 100% insurance premium on insurance of building and Plant & Machinery for a maximum period of 5 years from the date of commencement of commercial production/operation.
Where will the G20 Parliament Speakers Summit (P20) be organized
Which of the following phases of the cell cycle in eukaryotes corresponds to the interval between mitosis and initiation of DNA replication where the ce...
The Department of Empowerment of Persons with Disabilities (Divyangjan) is organizing the 'Divya Kala Mela' event. In which city or place will this even...
Which country recently became the first in the world to initiate a plan to store CO2 beneath the sea using green sand?
In which year did India host the India Africa Forum Summit and expand its diplomatic presence by opening new missions in member countries of the African...
Consider the following statements about Paat Mitro:
1. Ministry of Textiles recently launched the “Paat-Mitro” mobile application to provid...
Which fashion ecommerce company is integrating generative AI chatbot ChatGPT on its app for better product discovery?
How much money has been approved by the Union Cabinet for broadband connectivity in villages under bharatnet project?
Which state government signed a tripartite memorandum of understanding (MoU) with NITI Aayog in July 2022 for a large-scale transformation in school?
Consider the following statements about the Chenab Bridge:
1. It is the highest single-arch railway bridge in the world
2. It is part ...