The state cabinet approved a host of proposals that are aimed at boosting the industrial Climate of Jharkhand.
Among the notable decisions the cabinet made was giving its nod to the state mining departments proposal to constitute the states own mining and exploration corporation. The corporation will explore mineral reserves within the states geographical boundaries and also participate in the e-auctioning of various mineral blocks.
The 11-member ministerial council also gave its nod to a proposal to grant 100% subsidy on electricity duties to the new and existing captive power Plants in the state for five years in a bid to attract big-ticket projects under the newJharkhand Industrial and Promotion Policy,2021.