Updated on Jul 10, 2020 14:06:37


Jai Ram Thakur presides over meeting of various Industrial Associations for recovery of industrial sector

5 Dariyanews

5 Dariyanews

5 Dariya News

Shimla , 18 May 2020

Chief Minister Jai Ram Thakur said that under Mukhya Mantri Swavlamban Yojna investment subsidy at 25 percent was being provided for projects having investment upto Rs. 60  lakh for youth and 30 percent for projects having investments upto Rs. 60 lakh for women entrepreneurs. He said that five percent interest subsidy would also be provided for a  period of three years.Jai Ram Thakur was presiding over a meeting of various Industrial Associations regarding roadmap for recovery of industrial sector in the wake of corona  pandemic here today.He said that the State Government has also taken up the matter with the Union Government for relaxation of the condition under Pradhan Mantri Garib  Kalyan Yojna under which the benefit of this scheme could be availed by those enterprises where 90 percent or more employees are drawing wages less than Rs. 15,000/- per  month, besides payment of wages of lockdown period from ESIC funds.Jai Ram Thakur said that the State Government has also deferred demand charges of power by three  months and power bill payment has been deferred without late fee by HPSEB. He said that last date for filling acknowledgement of declaration under HP (Legacy Case  Resolution) Scheme 2020 has been extended to 30th September, 2020. He said that State Government has taken several steps to facilitate operations of essential goods  industries throughout the lockdown period and other industries during the second period.Chief Minister said that the industrialists of the State had provided all possible help to the  State by making contributions towards the PM CARES and HP SDMA COVID-19 State Disaster Response Fund or even by providing free masks and food to the needy.  He said  that no one had anticipated of this situation but by collective efforts we were fighting this pandemic successfully. He said that it was due to the farsighted and strong leadership of  Prime Minister Narendra Modi that COVID-19 cases in our country were less than most of the developed countries.  He said that challenges also provide us opportunities and we  should come forward to accept these challenges and convert them into opportunities.

Jai Ram Thakur said that the ‘Atamnirbhar Bharat’ package announced by the Prime Minister was the biggest economic package of independent India. He said that this package  envisages building a self sufficient and self reliant India post COVID.  He said that about 300 units in the country were manufacturing PPE kits in the country in a short period of  two months whereas once it was totally dependent on China.  He said this was the best example of challenge converted into opportunity.Chief Minister said that MSME sector has  been badly affected due to COVID-19 pandemic. He said that about 95 percent of the industries in the State fall under MSME categories. He said that steps should be taken to  derive maximum benefits of this package to revive these units. He assured that all the issues raised by the industrialists would be considered sympathetically.Chief Minister said  that industry was playing a major role in development and progress of the State. He said that Government was providing various incentives to Medium, Small and Micro  Enterprises (MSME) under Industrial Policy 2019, such as rebate of 50 percent, 60 percent and 70 percent of rate/premium on land cost, stamp duty and registration fee at the  rate of 50 percent, 30 percent and 10 percent of applicable rates in category ‘A’, ‘B’ and ‘C’ respectively, 100 percent exemption on CLU besides 50 percent subsidy of maximum  Rs. 20 thousand towards the cost of preparation of Detailed Project Report and obtaining certification.Jai Ram Thakur said that an economic incentive of Rs. 50 thousand crores  under Rs. 20 lakh crore economic package was offered by the Central Government to ensure the availability of funds (Liquidity) required for medium, small and micro industries  (MSME). He said that this would encourage those wanting to set up new MSME units and those who are already incurring losses, due to certain reasons, would also get the  facility to take an additional loan with this.

Chief Minister said that there was also a provision to provide an amount of Rs. 3 lakh crores for giving loans to MSME, without any collateral security and this loan would be given  for a period of 4 years and 100 percent guarantee would be given by Government. He said that up to one year exemption would be provided for repayment of the principal  amount of these loans.  He expressed hope that with these incentives, the MSME in the State would get boost in a big way.Jai Ram Thakur said that payment of 12 percent of  employer and 12 percent employee contributions was being made into EPF accounts of eligible establishments under Pradhan Mantri Garib Kalyan Yojna. He said that earlier this  incentive was provisioned for the months of March, April and May,2020 which has now been  extended upto August, 2020.Industries Minister Bikram Singh Thakur said that the  State Government was committed to provide all possible assistance to the industry for its proper revival which got badly affected due to the COVID-19 pandemic. He said the main  objective of this meeting was  to derive maximum benefits of the  economic package of Rs. 20 lakh crore announced by the Union Government.Additional Chief Secretary  Industries Manoj Kumar welcomed the Chief Minister and other dignitaries.Director Industries Hansraj Sharma made a detailed presentation on the occasion.Representatives of  various industrial associations also raised their issues and gave their suggestions on the occasion.Chief Secretary Anil Khachi, Additional Chief Secretaries, Principal Secretaries  and Secretaries also attended the meeting.


Tags: Jai Ram Thakur , Coronavirus



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