PUNJAB GOVT. GAZ. (EXTRA), JULY 7, 2021 (ASAR 16, 1943 SAKA)
2764
EXTRAORDINARY
Published by Authority
CHANDIGARH, WEDNESDAY, JULY 7, 2021 (ASADHA 16, 1943 SAKA)
( 2764 )
GOVERNMENT OF PUNJAB
DEPARTMENT OF INDUSTRIES AND COMMERCE
(Policy Implementation Unit)
CORRIGENDUM
The 6th July, 2021
No. PIU/IBDP-2017/Amendments/2021/8833.-The Governor of Punjab is pleased to make following
amendments in ‘Industrial & Business Development Policy-2017’ notified vide No. CC/Addl.dir/Industrial &
Business Development/2017/1369 dated 17/10/2017 and further amended on 07-08-2018 and 31-07-2019 and
Detailed Schemes & Operational Guidelines, 2018 notified on 07.08.2018: -
1.
The entry at Sr. No. 2 of the table in clause 10.10.3 of Industrial and Business Development
Policy, 2017 is substituted as under: -
Nature of incentive
Extent of incentive
Additional support to units under
• 50% top up of Capex support approved and provided by'
SPECS scheme, MEITY
MEITY, GoI to units under SPECS scheme of GoI. The support
shall be provided to first 10 ESDM units limited to maximum
INR 10 Cr. per unit.
• The benefit shall be available to the unit making Minimum
Investment prescribed under SPECS scheme by MEITY from
time to time.
2.
The clause 18.1 of Chapter – 18 of Detailed Schemes & Operational Guidelines, 2017 is substituted
as under: -
The Scheme for Promotion of manufacturing of Electronic Components and
Semiconductors (SPECS) hereinafter called ‘Scheme’ to encourage investments in the
Electronics System Design and Manufacturing sector by the government of India. The
state government would provide necessary support in addition to the above incentives
provided by government of India.