Gujarat government proposes to cut financial benefits in agro-business policy

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The Gujarat government will shortly announce its new agro-business policy for the period of 2021-2026 to give a boost to the EMPLOYMENT-generating sector.

While the government has proposed to reduce key financial benefits being offered in the current policy (2016 to 2021), agro-business industries will be able to enjoy dual benefits from Centre and state policies for the sector.

Under the proposed new policy, the most significant feature will be that industries will be allowed to

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avail dual benefits of policies offered by the government of India and government of Gujarat. Under the present policy, benefits can be availed under any one policy only. This policy change is expected to attract more industries to state.