Updated on March 06, 2025 03:25:08 PM
State Logistics Policy of Punjab aims to enhance the logistic, transportation and supply chain infrastructure of Punjab. The goal of the Punjab 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 Punjab Logistics Policy helps industries and promotes commerce by giving job opportunities through improvement of the road, railway, and port linkages. Punjab 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 Punjab 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 Punjab aims at improving road, rail, air, port, building new warehouses and usage of digital tracking techniques. Punjab Logistics Policy is also implemented to reduce logistics costs of enterprises, quicker delivery of goods and human resource development in logistics management. The Punjab Logistics Subsidy is proposed for investments to create employment and overall economic development in Punjab by promoting suitable logistics structures.
The State Logistics Subsidy in Punjab offers several benefits to enhance the logistics sector and overall economic growth of the state which are listed below:
The Punjab 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 Punjab is categorized under 1 program which is listed below:
Programs | Subsidy Rate | Subsidy Amount |
---|---|---|
100% net SGST reimbursement | Not Specified | Capped at 125% of the Fixed Capital Investment (FCI) |
Listed below are some of the additional information about State Logistics Subsidy in Punjab for the logistics sector within the state.
The Punjab 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 Punjab 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 Punjab is to reduce logistics costs, support sustainable development, and encourage ease of movement of goods in Punjab. Besides that, Punjab Logistics Policy also fosters competitiveness in the state and fosters healthy growth in various industries.
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The Punjab 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.
The State Logistics Policy in Punjab include 1 subsidy program which is:
1) Investment Subsidy Reimbursement
Punjab Logistics Policy offers 100% exemptions on electricity duty, stamp duty, and property tax for 10 years, along with CLU/EDC exemptions and a 100% net SGST reimbursement for 15 years, subject to 200% of FCI.
State Logistics Policy in Punjab 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.
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