{"id":176384,"date":"2017-12-16T09:30:41","date_gmt":"2017-12-16T04:00:41","guid":{"rendered":"http:\/\/www.scconline.com\/blog\/?p=176384"},"modified":"2017-12-16T08:35:55","modified_gmt":"2017-12-16T03:05:55","slug":"cabinet-approves-capital-investment-subsidy-industrial-units-located-north-eastern-region","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2017\/12\/16\/cabinet-approves-capital-investment-subsidy-industrial-units-located-north-eastern-region\/","title":{"rendered":"Cabinet approves capital investment subsidy to industrial units located in North Eastern Region"},"content":{"rendered":"<p style=\"text-align: justify;\">The Cabinet Committee on Economic Affairs has approved Capital Investment Subsidy amounting to Rs. 264.67 crore to four industrial units located in North Eastern Region (NER) including Sikkim under Central Capital Investment Subsidy Scheme (CCISS), 2007 of North East Industrial Investment and Promotion Policy (NEIIPP), 2007.<\/p>\n<p style=\"text-align: justify;\">The CCEA has also revised financial powers for approval of capital investment subsidy claims upto Rs.500 crore which will be now approved by the Minister of Commerce &amp; Industry. This will facilitate expeditious settlement of claims.\u00a0The grant of subsidy to the industrial units will not only provide incentives to the operational units but also boost confidence of existing investors as well as potential investors in the states of NER.\u00a0The Government of India has been implementing this Scheme to promote industrialization in North Eastern Region.<\/p>\n<p style=\"text-align: right;\">Ministry of Commerce &amp; Industry<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Cabinet Committee on Economic Affairs has approved Capital Investment Subsidy amounting to Rs. 264.67 crore to four industrial units located in <\/p>\n","protected":false},"author":91,"featured_media":28141,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1188,2],"tags":[26554],"class_list":["post-176384","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hot_off_the_press","category-news","tag-capital-investment-subsidy"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cabinet approves capital investment subsidy to industrial units located in North Eastern Region | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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of grant is to be seen to ascertain it as a capital or revenue receipt","author":"Saba","date":"May 23, 2018","format":false,"excerpt":"Calcutta High Court: A Division Bench comprising of Sanjib Banerjee and Abhijit Gangopadhyay, JJ. held that the subsidy allowed by the State Government on account of power consumption to new or expanding industrial units was a capital receipt. The subsidy as referred to above was granted to business units and\u2026","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/06\/calcutta-court.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/06\/calcutta-court.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/06\/calcutta-court.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/06\/calcutta-court.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/06\/calcutta-court.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":229890,"url":"https:\/\/www.scconline.com\/blog\/post\/2020\/05\/20\/cabinet-approves-scheme-for-formalisation-of-micro-food-processing-enterprises\/","url_meta":{"origin":176384,"position":1},"title":"Cabinet approves Scheme for formalisation of Micro Food Processing Enterprises","author":"Bhumika Indulia","date":"May 20, 2020","format":false,"excerpt":"Union Cabinet, has given its approval to a new Centrally Sponsored Scheme - \"Scheme for Formalisation of Micro food processing Enterprises (FME)\" for the Unorganized Sector on All India basis with an outlay of Rs 10,000 crore.\u00a0\u00a0The expenditure will be shared by GOI and the States in ratio of 60:40.\u2026","rel":"","context":"In &quot;Cabinet Decisions&quot;","block_context":{"text":"Cabinet Decisions","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/cabinet_decisions\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/CABINET-SECRETARIAT.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/CABINET-SECRETARIAT.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/CABINET-SECRETARIAT.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/CABINET-SECRETARIAT.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/CABINET-SECRETARIAT.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":241928,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/01\/07\/government-approves-central-sector-scheme-for-industrial-development-of-jammu-kashmir\/","url_meta":{"origin":176384,"position":2},"title":"Government approves Central Sector Scheme for Industrial Development of Jammu &#038; Kashmir","author":"Bhumika Indulia","date":"January 7, 2021","format":false,"excerpt":"The Cabinet Committee on Economic Affairs considered and approved the proposal of Department for Promotion of Industry and Internal Trade for Central Sector Scheme for Industrial Development of Jammu & Kashmir. The scheme is approved with a total outlay of Rs. 28,400 crore upto the year 2037. Government of India\u2026","rel":"","context":"In &quot;Cabinet Decisions&quot;","block_context":{"text":"Cabinet Decisions","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/cabinet_decisions\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/08\/NPIC-201911622449.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/08\/NPIC-201911622449.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/08\/NPIC-201911622449.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/08\/NPIC-201911622449.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/08\/NPIC-201911622449.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":222620,"url":"https:\/\/www.scconline.com\/blog\/post\/2019\/11\/28\/cabinet-approves-big-increase-in-authorized-capital-of-food-corporation-of-india-from-rs-3500-crore-to-rs-10000-crore\/","url_meta":{"origin":176384,"position":3},"title":"Cabinet approves big increase in authorized capital of Food Corporation of India from Rs 3,500 crore to Rs 10,000 crore","author":"Bhumika Indulia","date":"November 28, 2019","format":false,"excerpt":"The Cabinet Committee on Economic Affairs approved to increase the authorized capital of Food Corporation of India (FCI) from existing Rs 3,500 crore to Rs 10,000 crore. With the increase of authorized capital, additional equity capital can be infused in FCI through Union Budget, to fund the foodgrains stock, perpetually\u2026","rel":"","context":"In &quot;Cabinet Decisions&quot;","block_context":{"text":"Cabinet Decisions","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/cabinet_decisions\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/08\/NPIC-201911622449.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/08\/NPIC-201911622449.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/08\/NPIC-201911622449.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/08\/NPIC-201911622449.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/08\/NPIC-201911622449.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":243905,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/02\/15\/united-kingdom-consultation-on-new-regime-on-subsidy-control-introduced\/","url_meta":{"origin":176384,"position":4},"title":"United Kingdom | Consultation on New Regime on Subsidy Control, introduced","author":"Editor","date":"February 15, 2021","format":false,"excerpt":"With the advent end of transition period on 31st December, 2020, following the exit of UK from EU, the UK Government\u2019s Department for Business, Energy & Industrial Strategy announced to consult on the creation of a new national subsidy control system on 3rd February, 2021[1]. This is the Consultation[2] as\u2026","rel":"","context":"In &quot;Foreign Legislation&quot;","block_context":{"text":"Foreign Legislation","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/foreign\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/02\/Subsidy-Control.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/02\/Subsidy-Control.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/02\/Subsidy-Control.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/02\/Subsidy-Control.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/02\/Subsidy-Control.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":100291,"url":"https:\/\/www.scconline.com\/blog\/post\/2017\/01\/20\/cabinet-approves-exclusion-of-states-from-investments-of-national-small-savings-fund-from-1-4-2016\/","url_meta":{"origin":176384,"position":5},"title":"Cabinet approves exclusion of States from investments of National Small Savings Fund from 1.4.2016","author":"Saba","date":"January 20, 2017","format":false,"excerpt":"The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval to exclude State Governments States\/UTs (with Legislature) except Arunachal Pradesh, Delhi, Kerala and Madhya Pradesh from National Small Savings Fund (NSSF) investments from 01.04.2016.\u00a0 It also approved providing a one-time loan of Rs. 45,000 crore\u2026","rel":"","context":"In &quot;Hot Off The Press&quot;","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/176384","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/91"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=176384"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/176384\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/28141"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=176384"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=176384"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=176384"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}