Implement Textile Policy as per Cabinet decision: Chouhan
Bhopal, Feb 12 : Madhya Pradesh Chief Minister Shivraj Singh Chouhan today directed that the Cabinet decision on Textile Policy should be implemented expeditiously.
Mr Chouhan said this while reviewing action taken regarding Cabinet decisions on textile industries at a meeting of the Cabinet Committee on Investment Promotion here, an official release said.
At the meeting, it was decided to give five-year exemption from entry tax on value added products' manufacturing to Messrs Agro Solvent Product Private Limited under the State Government's Investment Promotion Policy and exemption from Mandi Tax on purchase of raw material from outside the state.
This industry's total sold products includes 68 per cent value added products.