Textile Industry will generate 16000 jobs in Uttarakhand. A Textile Park will be establish at Kashipur and Jaspur. 136 acre land has alloted for Textile industry. Company will provide jobs to the unemployed people. Around 16000 jobs will be provided and this will help in district development. SIDCUL, MD Rajesh Kumar said that 83 acre land is alloted at Jaspur and 53 acre land is alloted at Kashipur. This is a good news for both cities and for the living beings. This will increas employment ratio and leads towards development.
SIDCUL have decided to establish a textile company at Kashipur and Jaspur. The connectivity of Kashipur and Jaspur will well connect with North India. Every industry will get around 25 acre land for the construction.
Company can file application for the industrialisation. Company who will apply first will get it first, allotment will be based on 20% payment in the begining and rest will be paid in installment for 7 years on decided intrest. Property will take back from those company who will not start their industry within 3 years. SIDCUL will provide 100% vat free subsidy to those who will take responsibility to sell and buy the material for 7 years. They will also provide rupee 1 subsidy per unit and make free from unpublished electricity cutoff.
All industry who will industrialize there will get a following opportunity –
1) 100% stamp duty subsidy on purchase and leas of Land.
2) 100% subsidy on electricity duty for 7 years. 75% subsity on Mandi tax.
3) 100% CST subsidy on selling of prepare material.