Big News: Andhra Pradesh releases the State Energy Efficiency Action Plan (SEEAP); Mizoram conducts elections for the state legislative assembly; Uttar Pradesh releases new Foreign Direct Investment (FDI) Policy; Tamil Nadu releases the Tamil Nadu Digital Transformation Strategy (DiTN); and more.
Haryana expands the Ayushman Chirayu Scheme coverage including families with an annual income under $3,607, from the earlier cap of annual income of $2164. The expansion is posited to benefit additional 38,000 families. Source: Hindustan Times; In detail: Press release
Delhi directs that all buses coming to the city from Haryana, and the National Capital Regions of Uttar Pradesh, and Rajasthan will need to be electric, or run on CNG or BS-VI diesel. Source: Money control; In detail: Notification
Andhra Pradesh releases the State Energy Efficiency Action Plan (SEEAP) that aims to save 3.88 Million Tons of Oil Equivalent (MTOE) of energy across different sectors by 2030. Source: The Hindu; In detail: Notification
Bihar launches a $1.5 billion power sector scheme aiming to install smart meters in 112,000 households by the end of 2024. Source: Economic Times; In detail: Press release (in Hindi)
Kerala State Electricity Regulatory Commission approves submission by the Kerala State Electricity Board Limited (KSEBL) to raise the power tariff in the state by $0.002 per unit. The tariff will be implemented retrospectively from November 1, and will not be applicable for Below Poverty Line (BPL) domestic consumers. Source: Deccan Herald; In detail: Tariff order
Uttar Pradesh approves the new Foreign Direct Investment (FDI) Policy that aims to provide incentives to overseas investors, including exemptions in land acquisition, stamp duty, capital investment, and 100 percent electricity duty exemption for five years. The policy will also allow area-specific exemptions in stamp duty and registration fees in line with the Uttar Pradesh Industrial Investment and Employment Promotion Policy-2022. Source: Indian Express; In detail: Cabinet decisions (in Hindi)
Tamil Nadu approves the State Port Development Policy 2023 designed to woo more private investment and promote industrial growth in the state.
Source: DTnext
Odisha signs three Memorandums of Understanding (MoUs) with the India Electronic and Semiconductor Association (IESA), global semiconductor giant Synopsys and Electronics and Computer Software Export Promotion Council (ESC), respectively to build an ecosystem for the manufacturing of semiconductors in the state. Source: Economic Times
Andhra Pradesh approves new industrial land allotment policy, which seeks to do away with the current land lease model, and introduce the sale deed system. The policy has been introduced with the aim to enable entrepreneurs to avail themselves of loans from financial institutions. Source: KNN
Mizoram conducts state-wide elections for its 40 member legislative assembly. The elections saw a voter turnout of nearly 80 percent. Source: Times of India
Tamil Nadu releases the Tamil Nadu Digital Transformation Strategy (DiTN), aiming to enhance administrative efficiency, improving digital governance and government services, and guide government departments for digital transformation. Source: Outlook; In detail: Tamil Nadu Digital Transformation Strategy document
Meghalaya approves an amendment to the Meghalaya Excise Amendment Rules, 2021, reducing brand categories from 6 to 5, and raising the excise duty by 15 percent. The amendment aims to generating an additional $6 million in annual revenue for the state. Source: India Today
Nothing critical to report this week
Nothing critical to report this week
