Arunachal Pradesh cabinet approved amendments to the Arunachal Pradesh State Industrial and Investment Policy 2020.
Arunachal Pradesh State Industrial and Investment Policy 2020: Recently, to make Arunachal Pradesh an attractive investment destination with modern infrastructure, and technology skill development, the AP cabinet approved the amendment to the Arunachal Pradesh State Industrial and Investment Policy 2020. As per the new ruling approved, the special incentives, including amended power subsidies, will be offered to large-scale industries to attract investors and boost the state’s economy, while on the other hand, tax incentives and a single-window clearance system for mandatory licenses are also part of it.
Arunachal Pradesh State Industrial and Investment Policy 2020
Arunachal Pradesh State Industrial and Investment Policy 2020
Arunachal Pradesh State Industrial and Investment Policy 2020 was established to provide a framework for industrial growth and investment promotion in the state & to make the northeastern state an investment destination, driven by state-of-the-art infrastructure. In the new amendments, the state government had approved the following amendment.
- The amendments aim to make Arunachal Pradesh an attractive investment destination with modern infrastructure, technology skill development, and a favourable ecosystem for employment and regional development.
- Special incentives, including amended power subsidies, will be offered to large-scale industries.
- Tax incentives and a single-window clearance system for mandatory licenses.
What is the Arunachal Pradesh state industrial & investment Policy 2020?
The amendments to the State Industrial and Investment Policy aim to create a favourable environment for investment by providing infrastructure, skills development, and employment opportunities. It had approved the amendment of Arunachal Pradesh State Industrial and Investment Policy 2020.
