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Food processing projects to get land on concessional rates

The state cabinet on Thursday amended some provisions of Industrial Promotion Policy Action Plan (Amended 2007) to make it more effective. As a result of this the policy has become convenient and result-oriented. Now, mega projects of food processing projects would be provided land on concessional rates. Earlier, land to such units was provided free of cost. Under the extension scheme, taxation period of the existing industrial units has been amended.

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