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Rajasthan govt announces special package for oxygen production plants

Rajasthan Chief Minister Ashok Gehlot on Thursday announced a special package for the setting up of medical oxygen production plants with various incentives and facilities

Ashok Gehlot | rajasthan | Oxygen

ANI  |  General News 

Ashok Gehlot, Rajasthan CM
File photo: Rajasthan Chief Minister Ashok Gehlot

To prevent high number of casualties from Covid-19, Chief Minister on Thursday announced a special package for the setting up of medical production plants with various incentives and facilities.

According to the official release, the decision is aimed to overcome the medical shortage caused by the COVID-19 epidemic in the state.

To get the advantage of the package, an investment of Rs 1 crore will be required and the plant will have to generate by September 30, 2021.

"Under the package, these entrepreneurs will be exempted from the regulatory approvals and inspections for three years as per the provisions of the MSME Act, 2019," the release reads.

The state government will also help in getting necessary approvals from the central government, and an early connection of electricity and water will be provided.

"Similarly, up to 25 percent of the expenditure on plant, machinery and other equipment (maximum Rs 50 lakhs) will be given in two installments as a capital grant," it added.

Earlier, government has made a special allocation to ensure that all those people who die of COVID-19 get respectable last rites.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Fri, April 30 2021. 09:13 IST