Tax Exemption to Industrialists will be Continued Even After Implementation of GST

Indore. Chief Minister Shri Shivraj Singh Chouhan has said that tax exemptions provided to the industrialists at present will be continued even after implementation of GST. Shri Chouhan was addresing the CEOs conclave on the eve of Global Investors Summit. He further mentioned that Madhya Pradesh is a island of peace. Citizen charter has been implemented to bring all the process under the time limit. Single window system has been implemented for industrial investment in the state. There is a wide scope of investment in the state. The industrial growth rate of Madhya Pradesh is above 10 percent and agriculture growth rate is above 20 percent. State has industrial friendly policy. We are ready to welcome the investors with open hearts. He assured industrialists that he is a disciple of Swami Vivekanand and he does what he said. Come with full confidence to Madhya Pradesh, state government is ready for your welcome. Moreover, the motto of the summit is to satisfy the inquisitiveness of the investors.

Shri Chouhan further said that state holds One lakh 25 thousand hectare land bank which includes 50 thousand hectare developed land. Union government is being urged to amend the law to facilitate the farmers to give their land on lease for industry. Shri Chouhan informed that 100 percent VAT will be reimbursed to the companies working in the field of food processing. He further said that the state government is ready for skill development on PPP mode. Moreover, the state government is also ready for all the assistance to the micro, small and medium industries.

Minister for Industry Shri Rajendra Shukla said that the name of Madhya Pradesh comes first, whenever there is a talk about investment in the country. Due to the will power of the Chief Minister Shri Shivraj Singh Chouhan, the state government is ready to give all the facilities to the investors. Strong infrastructure development has been done in the state and facilities like water, electricity, roads etc. will be made available by the state government promptly to the industrial units.

Minister for Finance Shri Jayant Malaiyya, Minister of State for Micro, Small and Medium Industries Shri Sanjay Pathak, Chief Secretary Shri Antony De Sa, Chairman of Hinduja Group Shri G.P. hinduja, Shri Kumar Mangalam Birla of Aditya Birla Group, Shri Venugopal N. Dhoot of Videocon Group, Shri Sunil Mathur of Siemens Ltd. Shri Gopalkrishnan of Infosys, Sushri Shobhna of Apollo Group beside CEOs of other industrial units and representatives of co-organiser countries were present on the occasion.
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