Incentives provided to existing and new industrial units in
North-Eastern Region including Sikkim and the Special Category State of Jammu
& Kashmir include the Capital Investment Subsidy, Central Interest Subsidy,
Comprehensive Insurance Subsidy, Excise duty exemption and Income Tax
exemption. For the Special Category States of Himachal Pradesh and Uttarakhand incentives of Capital Investment Subsidy,
Excise duty exemption and Income Tax exemption are provided. In addition,
Transport Subsidy Scheme (recently modified as Freight Subsidy Scheme, 2013) is
applicable to the above mentioned States as well as Andaman & Nicobar
Islands, Lakshadweep Islands and Darjeeling district of West Bengal to provide subsidy
on transport cost incurred on movement of raw material and finished goods.
The date of expiry of each of the schemes
are as under:
(I) The schemes
under NEIIPP, 2007 will expire on 31st March, 2017.
(II) The
Transport Subsidy Scheme, 1971 has been replaced by the Freight Subsidy Scheme
(FSS), 2013
(III) Freight Subsidy Scheme, 2013 will
terminate after five years from the date of its publication i.e. this scheme
will expire on 21.01.2018.
(iv) The
Package for J&K comprising the Capital Investment Subsidy, Interest Subsidy
and Comprehensive Insurance subsidy has expired on 14.6.2012. Income tax
exemption was allowed to all new units for initial period of 5 years.
Thereafter, 30% for Companies and 25% for units other than Companies, for a further
period of five years, under Section 80- IB of Income Tax Act,1961
was allowed. The scheme was valid till 31st March, 2012. 100% Central Excise
Duty exemption with CENVAT benefit for a period of 10 years available to new
industrial units as well as to the existing units on substantial
expansion. The scheme was valid till 14th
June 2012.
(v) Capital
Investment subsidy under Package for Himachal Pradesh and Uttarakahand
has expired on 6.1.2013. 100% income tax exemption for an initial period of
five years and thereafter 30% for companies and 25% for other than companies
for a further period of five years under Section 80-C of Income Tax Act, 1961
was allowed. Central Excise Duty
exemption: 100% exemption on outright basis to the industrial units set up or
expanded in these States was available till 31.03.2010.
Details of subsidies provided during the last three years
are as under:
(I) The schemes
under NEIIPP, 2007- Annexure-I
(II) The
Transport Subsidy Scheme, 1971-Annexure-II
(III) Freight Subsidy Scheme, 2013 -nil.
(iv)
Package for Jammu
& Kashmir - Rs.106.54 crore till 18.03.2013
(v) Package
for Himachal Pradesh – Rs.156.27 crore till 18.03.2013
(vi) Package
for Uttarakahand – Rs.101.06 crore
till 18.03.2013
Annexure-I
ANNEXURE REFERRED TO IN REPLY TO PART (c) OF THE RAJYA SABHA
UNSTARRED QUESTION NO. 2489 FOR ANSWER ON 20.3.2013.
Subsidy provided during last three years under the Schemes
under North East Industrial Investment & Promotion Policy (NEIIPP), 2007: (Till
31.10.2012)
(Rs. In crores)
Sl. No.
|
Name of State
|
TOTAL
|
1.
|
Arunachal Pradesh
|
4.37
|
2.
|
Assam
|
109.28
|
3.
|
Manipur
|
0.11
|
4.
|
Meghalaya
|
80.01
|
5.
|
Mizoram
|
0.60
|
6.
|
Nagaland
|
1.03
|
7.
|
Sikkim
|
5.70
|
8.
|
Tripura
|
2.35
|
ANNEXURE –II
ANNEXURE REFERRED TO IN REPLY TO PART (c) OF THE RAJYA SABHA
UNSTARRED QUESTION NO. 2489 FOR ANSWER ON 20.3.2013.
Subsidy provided during last three years under TRANSPORT
SUBSIDY SCHEME, 1971 :
(Rs.
In crores)
Sl. No.
|
Name of State/UT
|
Total
|
1.
|
Himachal Pradesh
|
46.08
|
2.
|
J&K
|
-
|
3.
|
Uttarakhand
|
-
|
|
Total
|
46.08
|
1.
|
Arunachal Pradesh
|
114.21
|
2.
|
Assam
|
442.94
|
3.
|
Manipur
|
4.53
|
4.
|
Meghalaya
|
322.73
|
5.
|
Mizoram
|
7.79
|
6.
|
Nagaland
|
-
|
7.
|
Tripura
|
2.04
|
8.
|
Sikkim
|
5.78
|
|
Total
|
900.02
|
1.
|
A&N Islands
|
0.49
|
2.
|
Lakshadweep
|
-
|
3.
|
West Bengal
(Darjeeling District)
|
-
|
|
Total
|
0.49
|
|
Grand total
|
946.59
|
This information was given by the Minister of State in the
Ministry of Commerce & Industry, Dr.
D. Purandeswari in a written reply in the Rajya Sabha today.
******
DS/RK