The maximum support will be up to Rs 50 lakh. The new Industrial policy is divided in 15 thrust areas in core sectors and sunrise sectors as follows: i.Core sectors– Electrical machinery & equipment, Industrial Machinery & equipment, Auto & Auto Components, Ceramics, Technical Textiles, Agro & Food Processing, Pharmaceuticals & Medical devices, Gems & Jewelry and Chemicals. It aims to provide an estimated Rs 40,000 crore as subsidies to industries in the next 5 years. The new policy provides for appointment of relationship managers by the Industrial Extension Bureau (iNDEXTb) that hosts the biannual Vibrant Gujarat summit. The Gujarat government has announced the Industrial Policy 2020 for the state, with an expected average annual outlay of up to Rs 8,000 crore. Addressing a webinar organised by the Assocham, Rupani said the state's new industrial policy and the Atmanirbhar Bharat initiative will help give pace to the state economy. GPSC has extended the last date for Apply Online on 10th December 2020 - Click Here GPSC Recruitment 2020-21 Basic Information Gujarat Public Service Commission (GPSC) has published a recruitment notification (01 to70/2020-21) on 06/11/2020. AffairsCloud YouTube Channel - Click Here. New Delhi, Dec 18 (PTI) Gujarat has been focussing on Industry 4.0 and also on an innovation-driven ecosystem, Chief Minister Vijay Rupani said on Friday. Gujarat Public Service Commission (GPSC) has issued the latest notification for the recruitment of 2020. Gandhinagar: The Government of Gujarat today announced new industrial policy 2020. Extension of time limit of various incentive schemes under Industrial Policy, 2015, MSME SAMADHAAN- Delayed Payment Monitoring System, Scheme for Capital Subsidy to Large Industries and Thrust Sector, Dr.Babasaheb Ambedkar udhyog uday yojana for SC/ST Eatrepreneurs for MSME, Scheme for Assistance to Micro, Small and Medium Enterprises (MSME), Scheme for Market Development Assistance to MSMEs, Scheme of Assistance to GIDC for development of Multi Storeyed Sheds for Micro and Small Enterprises (MSEs), Scheme of Assistance to MSEs for Shed developed by Private Developer, Scheme for Assistance for Research and Development Activities, Scheme for Assistance for Start Ups/Innovation, Scheme for Assistance for Environment Protection Measures, Scheme for Assistance for Industrial Infrastructure, Scheme for Financial Assistance to Industrial parks, Scheme for Enhancement of Technical competence and Manpower, Scheme of Assistance for Common Environment Infrastructure. In FY 2019-20, Gujarat saw the highest national increment of 240% in FDI inflows from previous year as against a growth of 14% in FDI in India Key Features of the Gujarat Industrial Policy 2020 Gujarat is the first state to undertake a bold decision to de-link incentives from SGST To set up private industrial parks in the state, the private developer will be provided incentives which will be 25% of fixed capital investment up to Rs 30 crore. Promotion of Micro, Small and Medium Enterprises (MSMEs) MSMEs play a vital role in achieving balanced growth and in creating employment opportunities. Uttar Pradesh approves a startup policy to set up 100 incubators in the state. Gujarat Govt launched ‘Atmanirbhar Gujarat Sahay Yojna’ to provide loans to small businessmen. Email: assocham@nic.in. Assocham. The New Gujarat Industrial Policy 2020 will offer interest subsidy upto 7% upto INR 35 lakhs per annum for a period upto 7 years to these service sector MSMEs in the state including those engaged in Financial Services, Healthcare Services, Audio Visual services, Construction related … The state government has still not taken a decision about hosting the summit in January 2021. The pledge came during a webinar on Gujarat Industrial Policy 2020 on Saturday by the state government where industries pledged a total investments of Rs 10500 crore, Vedanta being the biggest among them, in the metal sector. On August 7, 2020 Gujarat Government announced the New Industrial Policy 2020 for the State, with an expected average annual outlay of up to Rs 8,000 crore, which is meant to provide incentives to the industries. It replaces the Gujarat Industrial Policy 2015. 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