Updated on March 06, 2025 03:25:08 PM
The State Logistics Policy in Jharkhand aims to enhance the transportation and supply chain infrastructure in the state. The Jharkhand Logistics Policy is an initiative to strengthen the logistics movement, ease the export and import of goods and reduce transportation costs. The State Logistics Subsidy in Jharkhand facilitates industries, increases trade, and generates employment by enhancing the connection of roads, rail and port. The Jharkhand Logistics Policy, with association to National Logistics Policy, attracts investments, prioritizes logistics management and enhances the competitiveness within the state. Read this article to know about the State Logistics Subsidy in Jharkhand along with its benefits, programs, subsidy amount and more to apply for the suitable Jharkhand Logistics Policy through our professional services.
The State Logistics Policy is launched by the state governments with the objective of logistic infrastructure development in the state. The Jharkhand Logistics Subsidy is in alignment with the National Logistics Policy to enhance the logistics chains, boost efficiency in the logistics system and reduce cost. The State Logistics Policy in Jharkhand mainly targets the development of road, rail, air and port transportation, new generation modern warehousing infrastructure, and the use of innovative electronic means to track the movement of goods. The Jharkhand Logistics Policy also provides an overall reduction in the logistic costs to facilitate better flow and also develop skills in the management of logistics. The State Logistics Subsidy in Jharkhand attracts investment, generates employment, and the state's economy by creating effective and efficient logistics linkage.
The State Logistics Subsidy in Jharkhand offers several benefits to enhance the logistics sector and overall economic growth of the state which are listed below:
The Jharkhand 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 Jharkhand is categorized under 2 categories with several programs which are listed below:
Incentives for Logistics Park and Multi-Modal Logistics Park
| Programs | Subsidy Rate | Subsidy Amount | Benefits |
|---|---|---|---|
| 1) Comprehensive Project Investment Subsidy | 50% of the project cost | Maximum amount as indicated in CPIS | Whichever is lower |
| 2) a) Interest Subsidy | 5% per annum reimbursement on loan for procurement of material handling equipment, loading, and unloading plant & machinery | Rs 2 crores per annum per unit, with an overall ceiling limit of Rs 10 crores | Applicable for 5 years |
| 2) b) Additional Interest Subsidy | 5% per annum reimbursement on loan for setting up automated supply chain technology | Maximum ceiling of Rs 1 crore per park | Not Specified |
Incentives for Logistics Units
| Programs | Subsidy Rate | Subsidy Amount | Benefits |
|---|---|---|---|
| 1) Comprehensive Project Investment Subsidy | Reimbursement of 25% of eligible Fixed Capital Investment (with an additional 5% benefit for SC/ST/Women/Differently abled entrepreneurs) | Capped at Rs 5 Crore per project and Rs 6 Crore for SC/ST/Women/Differently abled Entrepreneurs | Not Specified |
| 2) Interest Subsidy | 5% per annum reimbursement on loans taken for development of logistics facilities | Max. Rs 50 lakhs per annum per unit | Applicable for 5 years |
| 3) Patent Assistance | Reimbursement of 70% of the amount spent on original research | Max. Rs 25 lakhs | Max. Rs 25 lakhs |
Listed below are some of the additional information about State Logistics Subsidy in Jharkhand for the logistics sector within the state
The Jharkhand Logistics Subsidy is an initiative by the state government to promote the economy by enhancing the transportation and supply systems. In alignment with the National Logistics Policy, the State Logistics Policy in Jharkhand improves road length, railway infrastructure, air transport connectivity, ports & shipping, facilitates investments and generation of employment. The Jharkhand Logistics Policy is focused on minimizing the cost of logistics and achieving the sustainable and efficient supply chain of goods in the state. The features of State Logistics Subsidy in Jharkhand 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 objective of the State Logistics Subsidy for Jharkhand is to improve the transport infrastructure, reduce the logistics cost, encourage sustainable development, facilitate the flow of investment, create employment opportunities and increase the competitiveness of the logistics Industry.
The Jharkhand Logistics Policy is a financial initiative that promotes infrastructure development, reduces logistics costs, and encourages investment in the logistics sector through subsidies such as capital investment, capacity building incentives and green logistics practices.
The Jharkhand Logistics Policy offers up to Rs 13,000 per employee for training, 100% reimbursement on stamp duty for land purchases, and 50% reimbursement on employer ESI and EPF contributions for developers employing 150+ workers.
Businesses can benefit from the State Logistics Policy in Jharkhand through logistics infrastructure development, such as warehouses, cold storage, logistics parks, and lower transportation costs.
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