Sunday, Feb 05, 2023
Advertisement
Premium

Bihar: Nitish Kumar cabinet approves new industrial promotion policy

The policy promises rich incentives including reimbursement of stamp duty and land conversion fees.

New Delhi: Bihar Chief Minister Nitish Kumar addressing during the release of the book "Hum Bheed Hain",  a collection of Prof. Raghuvansh’s writings at a function in New Delhi on Tuesday. PTI Photo by Manvender Vashist  (PTI8_23_2016_000311A) Bihar Chief Minister Nitish Kumar addressing at a function in New Delhi on Tuesday. PTI Photo

The Nitish Kumar cabinet in Bihar on Tuesday gave green signal to new industrial policy which has food processing and tourism as priority sectors among others.

Approval to industrial promotion policy, 2016 was given at a meeting of state cabinet presided over by Chief Minister Kumar.

Later, Principal Secretary Cabinet Coordination department told reporters that the new policy has small machine manufacturing, IT, textile, plastic and rubber industry, renewable energy, health care, leather and technical education in the priority sectors.

The policy promises rich incentives including reimbursement of stamp duty and land conversion fees.

Subscriber Only Stories
Using evidence will create strong foundations for the future of education...
Liberal Arts Education: Need of the Time

It would have provision for setting up private industrial parks.

The cabinet cleared 19 proposals of different departments at Tuesday’s meeting.

First published on: 30-08-2016 at 23:27 IST
Next Story

‘Bollywood’s beauty standard is becoming more and more rigid’

Latest Comment
Post Comment
Read Comments
Advertisement
Advertisement
Advertisement
close