Cabinet Approves Amendments to Odisha MSME Development Policy’2022 ...Middle East

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Bhubaneswar: The Odisha Cabinet led by Chief Minister Naveen Patnaik today approved certain amendments in Odisha MSME Development Policy ‘2022 for its smooth implementation. The amendments are as below: Some MSMEs are getting debarred to avail higher financial incentives from the State Government as because of they have availed similar incentive from Government of India. With this amendment, differential amount of financial benefit can be extended to them, who have availed similar incentive from Government of India, if the state policy offers higher incentives. Currently there is provision of exemption of “Stamp duty” and “Land Conversion Premium” only. With this amendment, provision of reim

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