Gujarat chief minister Vijay Rupani announced a plan for assistance to industrial units and MSMEs in the state which had been adversely affected by the second wave of Covid-19 cases.
A meeting was chaired by chief minister Vijay Rupani, with the chairman and managing director of GIDC and additional chief secretary of the industries and mines department.
Before this, the chief minister had announced an Atmanirbhar Package of Rs 14,000 crore, after the first wave of Covid-19, to boost the economy by reviving and trade. Under this package, 31,166 industrialists received benefits worth Rs 407.72 crore under 14 schemes from GIDC.
According to this, industrialists whose time limit to start production ends in 2021-22 will get an extension till 2022-23 i.e. up to March 2023, without levying the non-use penalty.
Due to this decision, industrialists will get more time to use the property and will be relieved from payment of non-use penalty of around Rs 16.70 crore. Around 672 parties will benefit from this.
Allottees of the industrial estates who did not get the benefit of the extended time limit for usage under the previous policy and those who were provided benefits up to March 2022 will also get the extension up to March 2023. Under this policy, 1,656 such industrialists will get benefits worth around Rs 350 crore.