Updated on March 06, 2025 03:25:08 PM
The State Logistics Policy in Madhya Pradesh has the objective to improve the logistics, transportation and supply chain infrastructure in the state. The Madhya Pradesh Logistics Policy provides financial assistance to boost the logistics movement, to make trade of goods easier and cheaper. The State Logistics Subsidy in Madhya Pradesh incentivizes industries, boosts trades, generates job opportunities through improvement of roads, rail and port connectivity. The Madhya 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 Madhya 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 Madhya Pradesh Logistics Subsidy has been introduced. The State Logistics Policy in Madhya 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. Madhya 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 Madhya 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 Madhya Pradesh offers several benefits to enhance the logistics sector and overall economic growth of the state which are listed below:
The Madhya 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 Madhya Pradesh is categorized under 2 programs which are listed below:
Subsidy Rate | Subsidy Amount | Limitations |
---|---|---|
Reimbursement of 15% of the total capital expenditure in plant, machinery, and building | Up to Rs 15 crores | Excluding land cost |
Subsidy Rate | Subsidy Amount | Limitations |
---|---|---|
50% infrastructure development assistance for eligible logistic and warehousing hubs/parks | Up to Rs 1 crore | Against expenses made for development of the external Road/Rail infrastructure (access to the project site) |
Listed below are some of the additional information about State Logistics Subsidy in Madhya Pradesh for the logistics sector within the state.
The Madhya 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 Madhya Pradesh optimizes the length of roads, railway facility, connectivity through air transport, the ports & shipping; generating investments and employment. Madhya 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 Madhya 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.
Businesses benefit from State Logistics Policy in Madhya Pradesh through reduced transportation expenses, improved infrastructure, investment incentives, and job creation in logistics, warehousing, and transportation sectors.
The Madhya 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 Madhya 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.
Madhya Pradesh Logistics Subsidy offers 100% reimbursement of stamp duty and registration fees for mortgages related to loans taken for logistics and warehousing hubs, as well as on land purchases.
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