
Bengal investment policy offers up to 120% capital support
The BJP government's policy restores industrial incentives scrapped by the previous government, with extra help for units that hire women.
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The BJP government's policy restores industrial incentives scrapped by the previous government, with extra help for units that hire women.
West Bengal has announced an investment policy offering up to 120% assistance on investment in plant and machinery for some units, The Hindu reported.
It reimburses 100% of employers' EPF contribution for women and transgender employees in MSMEs for 10 years.
About ₹50,000 crore of incentives owed from earlier regimes is outside the policy, Business Standard reported.