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JHARKHAND INDUSTRIAL POLICY 2012

33.       EXPANSION / MODERNISATION / DIVERSIFICATION

Units undergoing Expansion / Modernisation / Diversification and fulfilling the criteria mentioned at sl. 6 and sl. 7 at Annexure-I, will be treated at par with new Industrial units and will be eligible for incentives accordingly even if the unit might have availed of benefits for earlier expansion / modernisation / diversification under any earlier policy as an unit. For expansion / modernisation / diversification of MSME units, if the gap period between DOPs of earlier project and the one under implementation is two years then only the benefit can be availed under this policy. Similarly, for large and mega projects the gap between DOPs of earlier project and the one under implementation is to be three years for availing the benefits.

                        DPR indicating details of time schedule and completion for expansion / modernization / diversification has to be submitted to industries department for approval. If approval is not communicated within 30 days it will be treated as deemed approval.

                        Projects under MSME category will be approved by a Committee headed by Director, Industries and those under Large and Mega category will be approved by the Secretary, Industries.