Updated on March 06, 2025 03:25:08 PM
The State Logistics Policy in Jammu & Kashmir is an initiative to improve the transportation and supply chain infrastructure of the state. The Jammu & Kashmir Logistics Subsidy aims to boost the economy of the state to make the moving of goods across regions easier and convenient, enhance the exports and lower transportation costs. The Jammu & Kashmir Logistics Policy is designed to support industries, encourage trade and generate jobs by improving roads, rail and port connections. The State Logistics Subsidy in Jammu & Kashmir works in alignment with the National Logistics Policy to attract businesses, streamline operations and enhance the overall competitiveness of the state.
The State Logistics Policy launched by the state governments to promote the logistics and transportation infrastructure within their state. The State Logistics Subsidy is affiliated with the National Logistics Policy to enhance the supply chains, lower transportation costs and foster trade efficiency. The State Logistics Subsidy in Jammu & Kashmir aims to improve roads, rail, air and port infrastructure, establish modern warehousing facilities and promote digital technologies to track goods. The State Logistics Policy in Jammu & Kashmir also focuses on lowering logistics costs for businesses to ensure faster movement of goods and support skill development in logistics management. The State Logistics Subsidy has the objectives to attract investments, generate jobs and support overall economic growth of the state by developing efficient and sustainable logistics networks.
The State Logistics Subsidy in Jammu & Kashmir offers several benefits to enhance the logistics sector and overall economic growth of the state which are listed below:
The Jammu & Kashmir 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 Jammu & Kashmir is categorized under 4 program which is listed below:
Subsidy on Procurement of Quality Certificate
| Subsidy Rate | Subsidy Amount | Benefits |
|---|---|---|
| 30% of the total cost incurred for obtaining the Quality Certification | Up to Rs 2 lakhs, as certified by the Chartered Accountant | This incentive can be availed only once; existing units not undertaking substantial expansion which have availed this incentive earlier will not be eligible for this incentive. |
Subsidy on Automation
| Subsidy Rate | Subsidy Amount | Benefits |
|---|---|---|
| 25% of expenditure incurred on automation/software/hardware/Business Process Reengineering (BPR) | Up to Rs 2 lakhs, after due verification by the Industries & Commerce Department/Pollution Control Board | Only applicable if the same has not been claimed under Capital Investment Incentive (CII) or similar subsidy scheme of the Central or Jammu & Kashmir Government. Existing units not undertaking substantial expansion which have availed this incentive earlier will not be eligible for this incentive. |
Subsidy on Pollution Control Devices
| Subsidy Rate | Subsidy Amount | Benefits |
|---|---|---|
| 60% of the cost of Pollution Control Devices | Up to Rs. 50 lakhs | Only applicable if not claimed under Capital Investment Incentive (CII) or similar subsidy scheme of the Central or Jammu & Kashmir Government. Existing units not undertaking substantial expansion which have availed this incentive earlier will not be eligible for this incentive. |
Turnover Incentive
| Category | Subsidy Rate | Subsidy Amount | Benefits |
|---|---|---|---|
| For existing units registered under GST in the UT of Jammu & Kashmir on or before 31.03.2021 | 3% Turnover incentive for existing Micro units | Up to Rs 10 lakhs per annum | Units can avail incentive for 5 years. |
| 2% Turnover incentive for existing SME and Large units | Up to Rs 50 lakhs per annum |
Listed below are some of the additional information about State Logistics Subsidy in Jammu & Kashmir for the logistics sector within the state.
The Jammu & Kashmir Logistics Subsidy is an initiative by the Government of state which aims to boost its economy with improvements in the transportation and supply chain infrastructure. The Jammu & Kashmir Logistics Policy is in correspondence with the National Logistics Policy for the enhancement of roads, rail, air, and port connectivity which will attract investments and generate job opportunities. The State Logistics Subsidy in Jammu & Kashmir has the objectives to reduce logistics costs, promote sustainable development and smoothen the transportation of goods across the state. Apart from that, the Jammu & Kashmir Logistics Policy boosts competition in the state and supports sustainable growth in various 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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The State Logistics Subsidy in Jammu & Kashmir has the objectives to enhance the transportation infrastructure of the state, lower logistics costs, promote sustainable development, attract investments, generate jobs and boost competition in the logistics sector.
The Jammu & Kashmir Logistics Subsidy provides several benefits which includes improvement of logistics infrastructure, reduction of logistics costs, generation of job opportunities, increased investment, more efficient transportation and sustainable development practices.
The Jammu & Kashmir Logistics Subsidy aims to enhance the transportation networks and supply chain infrastructure by improving the roads, rail, air, and port connectivity which will boost the state’s economy, reduce logistics costs, and ease the transportation of goods.
The Jammu & Kashmir Logistics Policy offers a 100% subsidy on DG sets with a cap of Rs. 40 lakhs in Zone A and Rs. 45 lakhs in Zone B and 50% subsidy for rainwater harvesting, waste management, and other green initiatives.
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