Updated on March 06, 2025 03:25:08 PM
The State Logistics Policy in Himachal Pradesh has the objective to improve the logistics, transportation and supply chain infrastructure in the state. The Himachal Pradesh Logistics Policy provides financial assistance to boost the logistics movement, to make trade of goods easier and cheaper. The State Logistics Subsidy in Himachal Pradesh incentivizes industries, boosts trades, generates job opportunities through improvement of roads, rail and port connectivity. The Himachal Pradesh Logistics Policy is aligned with the National Logistics Policy to investment, logistics and competitiveness for management in the state. Read the following article to know more about the State Logistics in Himachal Pradesh and learn how our team of experts at Professional Utilities can help you redeem the eligible schemes.
The State Logistics Policy is aimed for logistic infrastructure development in the state by the state government. To comply with the National Logistics Policy augment the logistic chains necessary improvements & cost reduction in the Himachal Pradesh Logistics Subsidy has been introduced. The State Logistics Policy in Himachal Pradesh is aimed primarily at the enhancement of road, rail, air and port transportation facilities; creation of modern warehousing infrastructure; and utilization of the latest electronic tools for keeping a track of the transportation of goods. Himachal Pradesh Logistics Policy also aims at a composite decrease in the logistic costs to enhance the flow and build capacity in the management of logistics. The State Logistics Subsidy in Himachal Pradesh aims at developing the Logistics Backbone for attracting investment, creating fresh employment and promoting the economic growth of the state.
The State Logistics Subsidy in Himachal Pradesh offers several benefits to enhance the logistics sector and overall economic growth of the state which are listed below:
The Himachal Pradesh 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 Himachal Pradesh is categorized under 3 programs which of listed below:
Grant-in-aid
| Subsidy Rate | Subsidy Amount | Limitations |
|---|---|---|
| 50% of the bank appraised project cost or 50% of actual investment on building, Plant & Machinery, whichever is less | Up to Rs 5 Crores per project | The cost of land and pre-operative expenses and any component other than the cost of building and plant & machinery will not be eligible for the purpose of calculation of grant-in-aid. |
Interest Subsidy
| Subsidy Rate | Subsidy Amount | Limitations |
|---|---|---|
| Every year the interest subsidy at 7% will be paid to the Bank/FI directly against the term loan sanctioned and availed by it | Up to Rs 25 lakhs per year | The interest subvention will be for a period of 7 years from the date of completion of the project and commencement of commercial production as certified by concerned GM, DIC/MS, SWCA. |
Renewable Energy Based Pilot Cold Chain Projects
| Subsidy Rate | Subsidy Amount |
|---|---|
| 90% of the bank appraised cost including the cost towards setting up of the solar power plant | Up to Rs 5 Crore |
Listed below are some of the additional information about State Logistics Subsidy in Himachal Pradesh for the logistics sector within the state.
The Himachal Pradesh Logistics Subsidy is a policy by the state government to support the economy by improving the transport and supply channel. With compliance to the National Logistic Policy, the State Logistic Policy in Himachal Pradesh optimizes the length of roads, railway facility, connectivity through air transport, the ports & shipping; generating investments and employment. Himachal Pradesh Logistics Policy is designed to reduce the transportation cost of logistics and ensure smooth efficient transportation of goods in the state. The features of State Logistics Subsidy in Himachal Pradesh aids in creating competition in the state and fosters sustainable development in different sectors.
At Professional Utilities, we leverage our industry knowledge and expertise to help businesses navigate complex regulations, minimize risks, and optimize operations for maximum efficiency and profitability.
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Businesses benefit from State Logistics Policy in Himachal Pradesh through reduced transportation expenses, improved infrastructure, investment incentives, and job creation in logistics, warehousing, and transportation sectors.
The Himachal Pradesh Logistics Subsidy is an initiative to improve logistics, transportation, and supply chain infrastructure by reduction of transportation costs, promotion of investment, and facilitating smooth movement of goods.
The State Logistics Subsidy in Himachal Pradesh aims to enhance road, rail, air, and port transportation, create modern warehousing infrastructure, and reduce overall logistics costs, in alignment with the National Logistics Policy.
The Himachal Pradesh Logistics Policy offers a 50% subsidy for unemployed Himachali youth above 23 years for purchasing e-taxis and e-buses and grant-in-aid for project costs related to PPC/CC is available at 75% of the eligible amount.
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