Updated on March 06, 2025 03:25:08 PM
State Logistics Policy of Haryana aims to enhance the logistic, transportation and supply chain infrastructure of Haryana. The goal of the Haryana Logistics Subsidy is to help boost the economic condition of the state, avail moving of goods across regions seamlessly, increase export and reduce transportation costs. The Haryana Logistics Policy helps industries and promotes commerce by giving job opportunities through improvement of the road, railway, and port linkages. Haryana State Logistics Subsidy attracts investment, streamlines business activities and increases competitiveness in the state with compliance to the National Logistics Policy.
To encourage logistics and transportation infrastructure in the states, the state governments launched the State Logistics Policy. The Haryana Logistics Policy is associated with the National Logistics Policy as its goal is to enhance the supply chains and accessibility of the goods transported. The State Logistics Subsidy in Haryana aims at improving road, rail, air, port, building new warehouses and usage of digital tracking techniques. Haryana Logistics Policy is also implemented to reduce logistics costs of enterprises, quicker delivery of goods and human resource development in logistics management. The Haryana Logistics Subsidy is proposed for investments to create employment and overall economic development in Haryana by promoting suitable logistics structures.
The State Logistics Subsidy in Haryana offers several benefits to enhance the logistics sector and overall economic growth of the state which are listed below:
The Haryana Logistics Policy provides maximum subsidy rates and amount to businesses to ensure prevention of exploitation or unfairness of the intermediary. The State Logistics Subsidy in Haryana is categorized under 2 programs which of listed below:
Category | Subsidy Rate | Subsidy Amount | Limitations |
---|---|---|---|
a) Warehousing | Financial assistance in the form of interest subvention at 5% on loan taken to meet working capital requirements | Up to Rs 10 lakhs per year | Only applicable for units setting up in C & D category blocks (less and least developed areas) and for 3 years |
b) Logistics Park | Up to Rs 20 lakhs per year | ||
c) Integrated/Multi Modal Logistics Park | Up to Rs 50 lakhs per year |
Subsidy Rate | Subsidy Amount | Limitations |
---|---|---|
Interest subsidy at 7% on term loan | Up to Rs 15 lakhs per annum | For a period of 7 years (eligible new unit/project must bear a minimum of 2% interest levied on term loan by bank/financial institute) |
Listed below are some of the additional information about State Logistics Subsidy in Haryana for the logistics sector within the state.
The Haryana Logistics Subsidy is a program by the Government for the purpose of enhancing the economy of the state with improvement of transport and supply chain network. The Haryana Logistics Policy is in synchronization with the National Logistics Policy to upgrade road, rail, air, ports and attract more investment and generate employment in the state. The objective of the State Logistics Subsidy in Haryana is to reduce logistics costs, support sustainable development, and encourage ease of movement of goods in Haryana. Besides that, Haryana Logistics Policy also fosters competitiveness in the state and fosters healthy growth in various industries.
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The Haryana Logistics Subsidy is a Financial Scheme to encourage the development of the Logistics Transport and Supply Chain sector in the state by minimizing transportation expenses, improving the flow of products, and boosting the competitiveness in the market.
State Logistics Policy in Haryana would benefit the sectors associated with logistic infrastructure development such as logistics parks, warehouses, cold chains and multimodal logistics and it also aims at employment generation and attracting investment in said sectors.
The State Logistics Policy in Haryana include 2 subsidy programs which are:
The Haryana Logistics Policy offers several other subsidies, including 50% reimbursement on External Development Charges (EDC) in C and D category blocks, 100% reimbursement of stamp duty, and 100% exemption from electricity duty for 7 years.
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