MAHARASHTRA INCENTIVES
Maharas htra Industrial Policy
Fiscal Incentives to MSMEs
For the purpose of this policy, MSME shall include units as per the definition of Government of India- Micro, Small and Medium Enterprises Development (MSMED) Act, 2006, as well as the small industries with FCI of upto INR 50 crore. A basket of incentives, their aggregate amount not exceeding a specified ceiling will be offered to eligible MSME units…….
Large Scale Industries
Large scale industries (LSI) are defined as industrial units satisfying the minimum
threshold limits of Fixed Capital Investment or Direct Employment prescribed in the
following table. LSIs shall be offered incentives that are graded in a way so as to assist
dispersal of investment to industrially under-developed areas. A basket of incentives,
their aggregate amount not exceeding the specified ceiling will be offered to eligible LSI
units………..
Mega and Ultra Mega Projects
Industrial units satisfying the minimum threshold limits of Fixed Capital Investment or
Direct Employment prescribed in the following table shall be classified as Mega
Projects/ Ultra Mega Projects:
Package Scheme of Incentives
(MSMEs) and Small
Industries
MSMEs shall be construed as per their definition in the Micro, Small and Medium Enterprises Development Act, 2006. (MSMED Act, 2006) published
vide GoI’s extraordinary gazette dated 30th September, 2006 and Units outside the definition of MSMEs published vide GoI’s extraordinary gazette dated 30th September, 2006, with total Gross Fixed Capital Investment (FCI) upto Rs. 50 crores……
Large Scale Industries
Industrial Units, having investment more than the Medium Manufacturing
Enterprises as defined under the MSMED Act, 2006, published vide GoI’s extraordinary gazette dated 30th September, 2006 upto FCI of Rs. 50 crores but
less than the Mega Projects defined in Table 2, in para 2.2 (iii) below, satisfying
the minimum threshold limits of Fixed Capital Investment (FCI) OR Direct Employment prescribed as given in Table 1 below shall be classified as Large Scale Industries…….
Mega Projects / Ultra Mega Projects
Industrial Units satisfying the minimum
threshold limits of Fixed Capital Investment OR Direct Employment prescribed in the
following table shall be classified as Mega Projects / Ultra Mega Projects……
TEXTILE POLICY
The Textile Policy 2018-23 highlights are as follows
Strengthen the cotton sector
Encourage and support spinning mills in the cotton growing areas. The focus is to bridge the gap in the value chain by increasing spinning mills and also help in establishment of effluent treatment plant by providing additional capital subsidy.
Rejuvenate the silk&wool sector
Until now the focus has been on cotton promotion only; butnow the Government also intends to promote wool & silk sector with special focus on Tussar Silk in Maharashtra. Necessary infrastructure and trainings will be provided to the farmers and artisans. Some of the key initiatives include creation of “AdhyatmikReshim” brand, silk tourism circle, silk cocoon centres, chawki centres, setting up automatic reeling centre, drying units, godowns for storing cocoon before reeling etc
Catalyse the potential of the non-conventional yarn
such as Bamboo, Banana, Hemp, Coir, etc.Additional 10% subsidy for its production as well as its use in garmenting and technical textile will be provided. A special cell will be formed at textile department for promotion of non-conventional yarn in the State.
Textile Parks