1. Gujarat IT/ITeS Policy 2022–2027:
- Objective: Strengthen Gujarat’s IT ecosystem and generate 100,000 direct jobs in the IT/ITeS sector.
- Capital Expenditure (CAPEX) Support:
- 25% subsidy up to ₹50 crore for standard projects.
- Up to ₹200 crore for mega projects.
- Data centers receive 25% support up to ₹150 crore, plus a power tariff subsidy of ₹1/unit for five years.
- Cable Landing Stations (CLS) get 25% support up to ₹20 crore, with a similar power tariff subsidy.
- Operational Expenditure (OPEX) Support:
- 15% assistance up to ₹20 crore annually for standard projects.
- Up to ₹40 crore annually for mega projects.
- Employment Generation Incentives:
- Reimbursement of up to 100% of the employer’s EPF contribution.
- Financial support up to ₹50,000 per person for skill development via Direct Benefit Transfer (DBT).
Note: The policy also encourages the development of IT cities/townships with CAPEX support up to ₹100 crore and regulatory relaxations.
2. Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) Scheme:
- Objective: Promote the use of solar energy in agriculture, reduce diesel dependence, and provide water and energy security to farmers.
- Subsidies:
- Farmers receive a 60% subsidy on the total cost of installing solar irrigation pumps.
- An additional 30% of the cost is available as a loan, requiring farmers to cover only 10% upfront.
- Benefits:
- Decreased irrigation costs.
- Potential income from selling surplus electricity back to the grid.
- Contribution to environmental sustainability.
3. Dholera Special Investment Region (DSIR):
- Overview: A greenfield industrial city near Dholera, Gujarat, spanning over 920 km², developed jointly by the Government of India and the Government of Gujarat.
- Incentives:
- Infrastructure support for industries setting up in the region.
- Regulatory relaxations and facilitation for businesses.
- Proximity to major trade gateways enhances logistical advantages.
Note: DSIR is part of the Delhi–Mumbai Industrial Corridor (DMIC) project, aiming to create a global manufacturing and trading hub.
4. NTPC’s Nuclear Power Expansion:
- Plan: NTPC Ltd., India’s largest energy conglomerate, plans to invest $62 billion to develop 30 GW of nuclear power capacity over the next two decades.
- Government Support:
- Opening up the nuclear sector to foreign and private investments.
- Proposed amendments to existing laws to facilitate private investment and reduce liabilities for foreign suppliers.
Note: This initiative aligns with India’s goal to achieve 100 GW of nuclear capacity by 2047, contributing to a broader target of 500 GW of non-fossil fuel electricity generation by 2030.