Connect with us

News

Himachal’s start-ups to get subsidies, low interest loans under ‘Start Up’ scheme

Published

on

himachal-pradesh-start-up-scheme

SHIMLA- The Himachal Pradesh Government has formulated the ‘Chief Minister’s Start up/Innovation Projects/New Industries Scheme’ to provide support to the ‘Startup ‘and ‘ Innovation projects’ in the State besides providing skills to the youth and potential investors to develop entrepreneurship.

The scheme envisages various incentives for startups so as to enable the entrepreneurs to succeed in their ventures. The scheme also makes provisions of creation of incubation centres in the host institutions in the State in order to build capacities, develop networking, establishing necessary infrastructure and generate Awareness. The information was provided by Industries Minister Mukesh Agnihotri

Marketing assistance of maximum of Rs 10 lakh would also be provided to the innovation project to launch its products in the market said by the minister. He said that in addition, the cost of filing and processing of patent application would be reimbursed to the incubated Startup Company subject to a limit of Rs 2 lakh per Indian patent awarded or actual cost incurred, whichever is less. For awarded foreign patents on a single subject matter, upto Rs 10 lakh or actual cost incurred, whichever is less would be reimbursed, he added.

Benefits Offered to Start-ups/Entrepreneurs in the State

Agnihotri claimed that financial assistance upto Rs 30 lakh for a period of three years would be provided to the selected institutions for setting up of the Incubator and other facilities.

In case government owned building is leased to an Incubator, no lease rent would be levied for a period of three years.

In case, where private premises are taken on lease,rent basis, a rent reimbursement at the rate of Rs 5 per square feet per month or 25 per cent of actual rent paid , whichever is less would be reimbursed for a period of three years.

The Startups, new industries,Innovation Projects would be eligible for grant on the cost of preparation of feasibility study/project at the rate of 75 per cent of the cost subject to maximum of Rs 1,00,000.

New startups in micro sector with an investment up to Rs 25 lakh employing at least five persons and proposing to take loan from scheduled nationalized banks or state cooperative banks would be provided interest subvention @5 per cent up to a loan of Rs 25 lakh for three years.

All the new Startup,new Industries,Innovation Projects Units to be set up in the State, would be charged stamp duty @3 per cent only on conveyance deed and lease deed from the date of notification by the Revenue Department. H

The new Startups,Industries,Innovation Projects engaged in processing of primary agriculture,horticulture or herbal produce would be exempted from payment of VAT,CST for a period of three years or till they reach a turnover of Rs. 2 crore per year, whichever is earlier.

All new industries setup in the category ”C” areas of the State would be exempted from payment of State taxes, excluding levies in the shape of cess, fees, royalties etc. for a period of seven years, he added.

Minister also said that Rs 25,000 would be provided to the Innovation Projects as sustenance allowance for one year whose project is recommended by the Host Institution and approved by the Empowerment Committee.

The Incubation Centre would provide support to the Startups and Innovation Projects by providing mentoring services, access to their labs etc. on free of cost basis.

Annual HP Entrepreneurship Awards

Minister Agnihotri said that purchase preference would be given by the State Government and Public Sector Undertaking for the products manufactured by Startups in micro and small scale categories. He said that the State Government would also institute annual Entrepreneurship Awards and three successful entrepreneurs would be awarded each year with citation and cash award.

Procedure for Application

All the innovation enterprises would be required to submit only self-certified documents online or manually and the concerned department would issue provisional registration within 15 days from submission of documents.

Download Application Form with Detailed Notifications and Guidelines Here

News

HP Govt Employees to Get Higher Pay Scale on Completion of Two Years of Service: CM Jairam

Published

on

hp govt employess higher pay scale

Shimla-Himachal Pradesh Government employees working in different departments before January 3, 2022, would be given a higher scale at par with other employees on completion of two years tenure of regular service. A higher pay scale was also announced for the Junior Office Assistants (IT) on completion of two years of regular service.

Chief Minister Jairam Thakur made these announcements during the Karamchari Maha Sammelan of the Himachal Pradesh Non-Gazetted Employees Federation at the hotel Peterhof on Sunday.

He appreciated the role played by the employee especially frontline workers in the battle against the pandemic.

He said most of the government employees in the state have been given revised pay scales and on average, every employee has got the benefit of a 12 to 15 percent salary hike. There has also been an increase in the pension of about 1.50 lakh pensioners of the state. The financial benefits of Rs. 7801 crore have been given to state government employees and pensioners from the year 2018 to 2022. The pensioners who retired before 2016 are getting the benefit of a 15 to 20 percent increase in the pension while around 40 thousand pensioners who retired after 2016 would be benefitted soon, he said.

He said the daily wages were Rs. 210 in the year 2017 which has been increased by the present state government to Rs. 350. Similarly, 12 per cent interim relief annually has been provided to government employees and pensioners during the present government’s tenure. He said the Himachal government has provided Dearness Allowance to its employees and pensioners on the lines of Punjab and Central governments from the due date. The Punjab government has given only 5 percent interim relief to the employees while the Himachal government has provided 21 percent interim relief to its employees.

“Out of the total interim relief amount given to the employees and pensioners amounting to about Rs. 6500 crore, Rs. 3500 crore has been paid during the tenure of our government” added the Chief Minister.

He said that the state government has increased the government contribution for NPS employees from 10 percent to 14 percent benefitting more than one lakh employees. The NPS employees are being given the benefits of retirement and death gratuity at par with employees falling under the old pension scheme. The government has also increased the upper limit of death gratuity from Rs. 10 lakh to Rs. 20 lakh.

The Chief Minister said the state government has also increased the honorarium of para-workers working in various departments. The salary of outsource workers has been hiked by Rs 1,500 per month.

Non-Gazetted Employees Federation President Ashwani Thakur thanked the Chief Minister for providing various financial and other benefits to different categories of government employees.

Continue Reading

Nation

Most Covid Restrictions to be Lifted From March 31, Mask and Hand Hygiene to Continue

Published

on

all caovid restriction lifted in himachal pradesh

New Delhi-The Centre has issued a notification to the States informing that the provisions of the Disaster Management (DM) Act, 2005 will not be invoked in the country after March 31. The Union Health Ministry said that the use of face masks and following hand hygiene will continue.

It implies that most of the Covid-related rules and restrictions would end.

Union Home Secretary Ajay Bhalla issued the notification which said that the decision was taken following the overall improvement in the situation and the preparedness of the government in dealing with the COVID-19 pandemic.

However, local authorities and State police can still invoke fines and criminal cases against persons violating COVID-19 norms under the Indian Penal Code (IPC), a senior government official said.

The DM Act was invoked on March 24, 2020, due to the pandemic

“Over the last seven weeks or so there has been a steep decline in the number of cases. The total caseload in the country stands at 23,913 only and the daily positivity rate has declined to 0.28%. It is also worth mentioning that with the combined efforts, a total of 181.56 Cr vaccine doses have been administered,” the notification said.

“I would like to mention that in view of the nature of the disease, we still need to remain watchful of the situation. Wherever any surge in the number of cases is observed, the States/UTs may consider taking prompt and proactive action at a local level, as advised by MoHFW (Health Ministry) from time to time,” the notification said.

The Indian government had issued various guidelines and measures for the first time on March 24, 2020, under the Disaster Management Act to curb the COVID-19 situation in the country, which have been modified several times thereafter.

India currently has 23,087 active COVID-19 cases and recorded 1,778 new cases and 62 deaths in the last 24 hours. The daily positivity rate has also declined to 0.28%.

Continue Reading

News

HP Cabinet Decisions: Country Liquor Made Cheaper in New Excise Policy, Read All Decisions

Published

on

hp cABINET DECISIONS MARCH 20,2022

Shimla-A meeting of the Himachal Pradesh Cabinet was held on March 20, 2022, under the chairmanship of Chief Minister Jai Ram Thakur.

The excise policy for the financial year 2022-23 was approved. Approval was also given for the renewal of retail excise vends in the state for the financial year 2022-23 at the renewal fees of 4% of the value of unit/vend.

The State Government said that wants to enhance the government revenue and curb the smuggling of country liquor from the neighbouring states by a reduction in its price.

The brands of Country Liquor will be cheaper as license fees have been reduced. This will help in providing good quality liquor at a cheaper rate to the consumers.

In the new excise policy, the 15% fixed quota of country liquor for manufacturers and bottlers to be supplied to the retail licensees has been abolished. According to the government, this step will give the retail licensees to lift their quota from the suppliers of their choice and further assure the supply of good quality country liquor at competitive prices. The MRP of country liquor will be cheaper by 16% of the existing price.

In this year’s policy, the Gaudhan Vikas Nidhi Fund has been enhanced by Re.1/- from the existing Rs.1.50 to Rs.2.50.

The fixed annual license fee of Bars has been rationalized by abolishing the area-specific slabs of license fee. Now throughout the State, there will be uniform license slabs based upon the room capacity in hotels.

Rates of the annual fixed license fee of Bars in the tribal areas has been reduced considerably.

Further, all the above stakeholders will have to install CCTV cameras at their establishments as it was made mandatory for them.

Wholesale vends and retail vends, the penalty provisions under the H.P. Excise Act, 2011 have been made more stringent.

An end to end online Excise Administration System would be established in Himachal Pradesh, the government said.

HP Government estimates a collection of Rs 2131 crore revenue during the year, which will be Rs. 264 crores higher than the financial year 2021-22 – growth of 14% in state excise revenues.

The Cabinet also gave its nod to amend Himachal Pradesh Disaster Relief Manual-2012 to include deaths due to biting of honey bees, hornet and wasps, accidental drowning and deaths due to accidents of vehicles (including land, water and air) under this Manual.

The Cabinet gave its approval for filling up 11 posts of ‘A’ Class Tehsildar in Revenue Department through direct recruitment on regular basis through Himachal Pradesh Public Service Commission.

HP State Toll Policy 2022-23

The HP Cabinet also gave its nod to HP State Toll Policy for the year 2022-23 which envisages auction cum tender for all the toll barriers in the State. During the year 2021-22, toll revenue has registered a growth of 20 percent of the previous year’s revenue.

Continue Reading

Trending