Good opportunity for investors in Bihar! Subsidy will be available in interest, 10 to 25 hectares of ground -free

The Bihar government has announced a new incentive package 2025 to promote industrial investments. Below, investors will receive interest subsidy of up to 40 crores. New units will also receive compensation from SGST and capital subsidy. Soil allocation will also be released. This scheme is expected to create work in the state. State Bureau, Patna. Under the industrial investment promotion package -2025, entrepreneurs receive interest subsidy of up to Rs 40 crore on industrial investments in Bihar. The state cabinet approved the industrial investment promotion package 2025. Chief Minister Nitish Kumar provided information on the facilities provided under the new industrial investment incentive package-2025 on its X handle. Investors will have to apply before March 31, 2026 to take advantage of the industrial investment incentive package-2025. Remove advertisement, just read the news, the chief minister said that the government has now implemented the new industrial investment incentive package-2025 to the Biada Amnesty Policy-2010-2025. Up to 300 percent of the project costs sanctioned to the new units will be reimbursed for 14 years. At the same time, up to 30 percent capital subsidy is given. The limit of export incentive is Rs 40 lakh per year for a period of 14 years. Apart from this, assistance will be provided for skills development, environmental protection, renewable energy consumption, stamp rights and compensation of soil conversion fees, private industrial park collaboration, patent cap and quality certification. Free land will be allocated to promote investments under the new industrial investment incentive package-2025. Land up to 10 hectares will be allocated free of cost to industrial units that invest more than a hundred crores and create more than a thousand direct employment. 25 hectares of land will be allocated free of cost to industrial units that invest more than a thousand crores. Farchune 500 businesses will be allocated for free of charge of up to 10 hectares for free. Only these investors will receive benefits, under the industrial investment promotion package-2025, the subsidy and other types of financial aid have been provided, including the minimum project costs of the Industrial Unit must be more than Rs 50 Lakh. In addition, the implementation of the project must be obtained before milestone March 31, 2027. The guidelines of milestone for the implementation of different sector projects are issued separately by the Department of Industries. Older industrial units will also be eligible to claim incentives under the existing industrial units that have previously benefited from Bihar-Industrial Investment Promotion Package 2016 and complete their suitability period, they will be eligible to claim encouragement under the Extension category of Bihar Industrial Investment Promos Package. Industrial units that have applied under Bihar-Industrial Investment Promotion Package 2016, but have not yet started commercial production. Those who do not have the approval of the stage-1, financial encouragement or commercial production date will have to re-apply any of these stages to get grants under the new package. This new industrial package 2025 will help provide work and employment to one crore youth within five years. The purpose of this initiative is that industries in Bihar boost more. Bihar’s youth must be proficient and self -sufficient and they can gain maximum employment in the state and their future can be assured. -The nitish kumar, chief minister, bihar