{"id":7256,"date":"2024-06-14T03:02:37","date_gmt":"2024-06-14T03:02:37","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=7256"},"modified":"2024-06-14T03:02:37","modified_gmt":"2024-06-14T03:02:37","slug":"special-incentives-for-oxygen-manufacturing-units-in-karnataka","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/special-incentives-for-oxygen-manufacturing-units-in-karnataka\/","title":{"rendered":"Special incentives for oxygen manufacturing units in Karnataka"},"content":{"rendered":"<p>The Karnataka Cabinet on Thursday approved a scheme to provide special incentives for <a href=\"https:\/\/exam.pscnotes.com\/oxygen\">Oxygen<\/a> manufacturing and associated enterprises in the State.<\/p>\n<p>Pointing out that the state had faced a shortage of oxygen due to Covid-19, Law and Parliamentary Affairs Minister Basavaraj Bommai said there were 9 oxygen manufacturing units\/factories in the state and six oxygen suppliers.<\/p>\n<p>&#8220;The manufacturing capacity is 815 <div class=\"youtube-subscribe-container\">\r\n        <a href=\"https:\/\/www.youtube.com\/channel\/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1\" target=\"_blank\" class=\"youtube-subscribe-button\">\r\n            <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div> <span class=\"youtube-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 576 512\">\r\n                    <path d=\"M549.7 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Subscribe on YouTube\r\n        <\/a>\r\n    <\/div> MT and storage capacity is 5,780 MT.To increase the capacity, if any entrepreneurs come forward, we will give them incentives,&#8221; he told reporters after the cabinet meeting.<\/p>\n<p>The incentives include capital subsidy of 25 per cent of the value of fixed assets subjected to minimum  of Rs 10 crore, 100 per cent exemption from electricity duty for three years after commencement of commercial production, additional power tariff subsidy of Rs 1,000 per metric tonne on supply to the government.<\/p>\n<p>There will also be 100 per cent stamp duty exemption and reimbursement from loan and land documents, concessional registration charges, 100 per cent reimbursement of land conversion fees, he added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Karnataka Cabinet on Thursday approved a scheme to provide special incentives for Oxygen manufacturing and associated enterprises in the State. Pointing out that the state had faced a shortage of oxygen due to Covid-19, Law and Parliamentary Affairs Minister Basavaraj Bommai said there were 9 oxygen manufacturing units\/factories in the state and six oxygen &#8230; <a title=\"Special incentives for oxygen manufacturing units in Karnataka\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/special-incentives-for-oxygen-manufacturing-units-in-karnataka\/\">Read more <span class=\"screen-reader-text\">Special incentives for oxygen manufacturing units in Karnataka<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1098],"tags":[719],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Special incentives for oxygen manufacturing units in Karnataka - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/special-incentives-for-oxygen-manufacturing-units-in-karnataka\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Special incentives for oxygen manufacturing units in Karnataka\" \/>\n<meta property=\"og:description\" content=\"The Karnataka Cabinet on Thursday approved a scheme to provide special incentives for Oxygen manufacturing and associated enterprises in the State. 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Pointing out that the state had faced a shortage of oxygen due to Covid-19, Law and Parliamentary Affairs Minister Basavaraj Bommai said there were 9 oxygen manufacturing units\/factories in the state and six oxygen ... 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