New Delhi: Jharkhand CM Hemant Soren held talks with industrialists in New Delhi in a bid to attract investments to the state and boost industrial development. CM Soren having met the top leadership from the biggest corporate houses, invited them to invest in opportunities that are emerging Jharkhand. The Government of Jharkhand organised an 'Investors Meet' at Hotel Taj in the national capital as a part of the Jharkhand Industrial Investment Promotion Policy 2021.
Speaking on the occasion, Jharkhand CM Soren said, "I sincerely hope that the new industrial policy of Jharkhand will help in generating employment for the skilled human resource of Jharkhand. He said that Jharkhand is a state endowed with immense possibilities and talented human resources. A large part of the population here belongs to Scheduled Castes and Scheduled Tribes. If entrepreneurial partners make provision in employment for these communities, then the government will also include other incentives in the policy."
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In the meeting, Jharkhand's Industrial Department Secretary Pooja Singhal told investors about the incentives and provisions being proposed under the new Electric Vehicle Policy. She said that the government is going to provide 100 per cent exemption in stamp duty and registration fees to the companies. Also, companies who invest in the electric sector within the first 2 years after the launch of EV policy, will be provided land by Jharkhand Industrial Area Development Authority (JIADA) at a 50% grant, she added. Apart from a 100% incentive on GST for 7 years for MSMEs, there is also a provision to provide an exemption for 9 and 13 years for large and large scale industries, the official further said, adding that 100% exemption from vehicle registration fee and 100% exemption from road tax will also be considered.