Chief Minister of Gujarat Vijay Rupani on Saturday interacted with leading industrialists and corporate investors of India regarding the New Industrial Policy 2020 via video conference in Gandhinagar. Please review and accept these changes below to continue using the website. Gujarat stands first in terms of number of Industrial Entrepreneurship Memorandum (IEM). Highlights of the Industrial Policy 2020: Propelling Gujarat’s Industries for an Atmanirbhar Gujarat. 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 earlier policy of 2015 had ended on December 31 last and was further extended up to the date of release of new policy. investment amid the major slowdown due to the Covid-19 outbreak, the Gujarat government plans to announce a new industrial policy for 2020-2025 in June, to attract fresh investment and generate jobs.The term of the industrial policy 2015-2020 ended in December-January, but was extended by six months until June this year. Gujarat Industrial Policy 2015 came to an end on December 31, 2019. Assistance for Start-ups/ Innovation under Gujarat Industrial Policy 2020. by subsidysquad October 16, 2020, 11:13 am. The New Policy was released on August 30, 2020. Develop Gujarat as a global manufacturing global hub. New Industrial Policy – 2015 Schemes For Textiles Sectors 10.01.2019 Gujarat Micro, Small and Medium Enterprises (Facilitation of Establishment and Operation) Ordinance, 2019 Latest Stories. The policy will help industries willing to relocate from China through “Relocation Incentives”. Gujarat Industrial Policy 2020. The Gujarat State Government launched the “Industrial Policy 2020”. The new Industrial Policy 2020 is in line with the centre's Atmanirbhar Bharat Abhiyan . The government had extended it up to the release of a new policy or December 31, 2020, whichever is earlier. For the purpose, Government of Gujarat announced “New Industrial Policy 2020” on 7 th August 2020 to propel the state further towards to “Atmanirbhar Gujarat” and so as “Atmanirbhar Bharat”. Corporate Office. The major aspect of GoG’s is to support the state economy, on August 7, 2020, the GoG reported the Gujarat Industrial Policy 2020[2] (“New Policy”) to offer a push to Atmanirbhar Bharat, with a proposed total cost of INR 400 billion over time of next five years. 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 policy on 31st December 2019. Gujarat Industrial Policy 2015. Gujarat CM interacts with industrialists on New Industrial Policy 2020: Chief Minister of Gujarat Vijay Rupani on Saturday interacted with leading industrialists and corporate investors of India regarding the New Industrial Policy 2020 via video conference in Gandhinagar.. Get all latest entertainment & viral stories on english.lokmat.com The state government of Gujarat has come up with a new industrial policy after the earlier framework came to an end on December 31, 2019. 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 Gujarat Industrial Policy 2020 will give additional momentum and enhance the current growth rate. “The success of the last policy can be gauged from the fact that Gujarat stands first in terms of number of Industrial Entrepreneurship Memorandum (IEM) filed for 2019. 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. Assocham. The Gujarat government, on Friday, announced the new Industrial Policy 2020 for the State, with an expected average annual outlay of up to ₹8,000 crore. Phone: 46550555(Hunting Line) Fax: 01123017008/9. (ANI) Success of previous Industrial Policy. The Gujarat Industrial Policy, 2015, came to an end in 2019 and the government had extended it till 2020. 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. The policy has concerted efforts for … The State Government of Gujarat is committed to reinforce the industrial activities and to bring economic activities back on track. The policy is designed to strengthen Gujarat's manufacturing ecosystem as well as provide a thrust to the 'up and coming' sectors of India's dynamic business ecosystem. In September last year, the Gujarat government relaxed the state’s solar policy to allow micro, small, and medium enterprises to install solar projects that are more than 100% of their sanctioned load or contract demand. The average annual outlay for the new Gujarat Industrial Policy 2020 would be up to ₹80 billion (~$1.07 billion). 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