Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 0] [Entire Act]

State of Bihar - Section

Section 16 in Incentives to Industries in Bihar, 1986

16. Facilities to SSI Units growing into medium Industry.

- In order to encourage small-scale industries to develop and convert themselves as medium scale industries, the State Government will give them the following incentives for the first two years of their conversion and registration as a medium scale industry:-
(a)Allotment of raw materials as before. They should in the meanwhile make efforts to obtain raw materials from DGTD.
(b)Stores Purchase Preference as to SSIs in Government purchases.
(c)Facilities regarding power consumption as admissible to SSI units for a period of two years or for the remaining period of eligibility whichever is earlier.