📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • ✖

      Question

      Which incentive does Odisha’s Electronics Component

      Manufacturing Policy offer for the first 10 large-scale projects?
      A 25% capital subsidy Correct Answer Incorrect Answer
      B 35% capital subsidy Correct Answer Incorrect Answer
      C 50% capital subsidy Correct Answer Incorrect Answer
      D GST exemption for 5 years Correct Answer Incorrect Answer
      E 100% land allocation free of cost Correct Answer Incorrect Answer

      Solution

      The Electronics Component Manufacturing Policy approved by the Odisha government provides a 50% capital subsidy for the first 10 large-scale projects. For projects beyond the first ten, a 35% capital subsidy applies. The policy also includes incentives such as turnover-linked incentives, land allocation, rental assistance, and 10-year electricity duty exemptions, all aimed at reducing import dependence for components and attracting sizable investments.

      Practice Next
      ask-question