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  3. Chhattisgarh Land Premium Subsidy
Chhattisgarh

Chhattisgarh Land Premium Subsidy

Department of Industries, Government of Chhattisgarh

About This Scheme

Provides a land premium subsidy ranging from 20% to 50% for enterprises allotted land in industrial areas/parks in Chhattisgarh, as per the state's Industrial Development Policy.

The Land Premium Subsidy is a key incentive under the Chhattisgarh Industrial Development Policy 2024-30, designed to promote industrial growth and attract investment within the state. This program aims to reduce the initial capital expenditure for businesses by offering a significant subsidy on the land premium for plots allotted in designated industrial areas and parks. By lowering the cost of land acquisition, the policy encourages new industrial setups and expansions of existing enterprises, particularly in sectors deemed crucial for the state's economic development. This support mechanism ensures that enterprises, whether in general or thrust sectors, can establish or scale their operations with a reduced financial burden, thereby fostering a more conducive environment for industrialization and employment generation across Chhattisgarh.

Benefits

  • Enterprises in Chhattisgarh can receive a land premium subsidy ranging from 20% to 50% when allotted land in Industrial areas/parks.
  • The exact percentage depends on the industry category (Group 1, 2, or 3) and whether it falls under General Sector Industries or Thrust Sector Industries.
  • This subsidy directly reduces the upfront cost of land acquisition, providing substantial financial relief and encouraging investment in manufacturing and other priority sectors.
  • The benefit is typically applied at the time of land premium payment, effectively lowering the financial burden on new and expanding businesses within the state.

How to Apply

Rolling basis

Quick Info

Amount / Funding
Varies
State / Region
Chhattisgarh
Ministry / Dept
Department of Industries, Government of Chhattisgarh
Tags
Subsidy