Overview
- Approved benefits include interest subsidy, employee cost reimbursement, 10-year net SGST exemption, 100% EPF reimbursement for UP domiciles up to Rs 2,000 per month, water-charge concessions, and Rs 2 per unit electricity relief for 10 years.
- Of 14 proposals placed before the cabinet, 13 were cleared, and ministers said 21 companies have already begun investments in the current financial year.
- The cabinet sanctioned a 500-bed multi-super-speciality hospital in Varanasi at an estimated Rs 315 crore, targeted for completion in four years with 60% funding from the Centre.
- Fifty acres in Varanasi’s Raja Talab will be allotted on a 99-year lease for an off-campus of the National Forensic Sciences University.
- The government expanded the Rs 5,000 stamp duty cap on intra-family property gifts to include commercial properties in both rural and urban areas.