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Indian
States-A Profile
MADHYA PRADESH
General
Information
| Capital |
Bhopal |
| Area |
4,43,000 sq km |
| Population(Census 1991) |
66.1 million |
| Principal Languages |
Hindi |
| Urbanisation Ratio(1991) |
23.2% |
| Literacy Rate(1991) |
43.5% |
| Major Minerals |
Limestone, bauxite, coal, iron etc. |
| Major Industries |
Optical fibres, automoiles, soyabean processing, cement, fertilisers,
paper and pulp, tyre and tubes, gases, jelly filled telephone cables, elctronic goods |
| Major Crops |
Paddy, jowar, milet, wheat, soyabean |
Infrastructure
| Railway track length |
5,987 km |
| Road length |
1,05,800 km |
| National Highway length |
2,946 Km |
| Domestic airport |
5 (Bhopal, Raipur, Indore, Khajuraho, Gwalior) |
| International airport |
None |
| Major cities linked |
Delhi, Mumbai |
| Ports |
Non |
| Industrial Zones & Parks |
1 |
| Export Processing zone |
- |
Industrial
Policy
The policy and acion plan lays a special emphasis on responsives administraion. The
principal object of the policy are to place Madhya Pradesh among the rank of he
indusrially developed state, ensure balanced regional development by giving addiional
facilities in 'No Industry' Development Blocki, acceerate the pace o Industrial
Development in the state hough greater utilisation of the state's human and natural
resources, create more direct and indirect employment opportunities etc.
Incentives
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100% to 150% sales tax exemption and deferment for units wih Rs. 1 million
capital investment in fixed assets
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Subsidy of 5% to 15% on fixed investment for SSIs and Co-operative units
of at least Rs. 10 million.
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Sale tax benefits on the basis of proportion of capital invested in fixed assets.
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Unlimited tax benefits for thrust-sector units wih at least Rs. 10 million investment
in plan and machinery.
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Exemption from commercial tax and entry tax for upto 8 years for NRI-promoted project.
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Annual interest subsidy upto Rs. 25,000 for SSIs: 6% for Scheduled Cast/Scheduled
Tribes
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Special Schemes for large-and medium-scale units promoting ancillary units
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Special Incentive scheme of Rs. 5000 million for all types of new units
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Indusrial units being set up by NRIs wih a capital investment of atleast Rs. 20
million shall get similar concessions which are available to EOUs, provided tha the NRI
investment is atleas 50% of the equity invested by the promoters.
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Special scheme planned for food-processing units
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Commercial tax deferment faciliy for units in No-indusries block for nine years |
State
identified priority sectors
Agro Based Indusries, Automobiles, Auto Components, Elecronics, Food Processin,
Petrochemicals, Power Telecommunication
For further information, please contact:
| Name of the organisation |
Telephone
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Fax |
Madhya Pradesh Audyogik Vikaka Nigam
Panchanan, Malviya Nagar
Bhopal |
0755-551195-8 |
0755-550121 |
Madhyal Pradesh Financial Corporation
Mumbai-Agro Road
Indore-452001S |
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India's Investment Climate
[Andhra Pradesh]
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[Rajasthan][Sikkim]
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