Raipur: To give a major push to industrial development in Chhattisgarh, the state government has recently declared that land allotment rates in industrial areas will be reduced by 30 percent in next few months.

Baghel, while speaking at an event organised by Chhattisgarh Chamber of Commerce and Industry in capital Raipur, said that a new policy in this regard will be formulated in next two months.

“Chhattisgarh government is committed towards the development of industries alongwith agriculture sector in the state. The core sector industries, such as steel and cement, would be promoted in the state. Presently, these industries have been kept in the prohibited list, but soon they would be removed from it,” said CM Baghel.

Also, the land would be now provided at cheaper rates, capital, interest subsidy, tax rebates and several other benefits would be provided for the establishment of food processing, minor forest produce and herbal-based industries, said chief minister Bhupesh Baghel.

The CM further said that land allotment rates in industrial areas would be reduced by 30% and lease rent rate would be reduced from 3% to 2%.

The CM further said: “Presently, it is compulsory for small entrepreneurs to get their gomasta license issued even if they have one labourer employed under them, this limit for minimum number of labourers would soon be increased to ten.”