Maharashtra to give financial incentives for new oxygen-making units

Maharashtra to give financial incentives for new oxygen-making units
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Last Updated: May 21, 2021, 10:01 PM IST
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Synopsis
The government will also give a refund on gross SGST, stamp duty, electricity duty and unit subsidy of power cost for five years, interest subsidy for MSME units with a fixed capital investment of up to Rs 50 crore, also a special capital subsidy for units producing 25 MT to 50 MT of oxygen and going into production before December 31.
Maharashtra Government has approved a special financial incentives package for industries setting up new oxygen manufacturing plants, a senior official said on Friday.
The state government decided to approve a package

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