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AP gets Special Category Status?

Chalanachithram.com DB » New TF Industry Related » Archive through June 03, 2014 » AP gets Special Category Status? « Previous Next »

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Redclaw777
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Username: Redclaw777

Post Number: 1503
Registered: 12-2011
Posted From: 106.220.99.21

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Posted on Tuesday, June 03, 2014 - 10:31 am:   Insert Quote Edit PostDelete PostView Post/Check IPPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)
Sorry, please read Loan portion as 10%
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Redclaw777
Comedian
Username: Redclaw777

Post Number: 1502
Registered: 12-2011
Posted From: 106.220.99.21

Rating: N/A
Votes: 0 (Vote!)

Posted on Tuesday, June 03, 2014 - 10:30 am:   Insert Quote Edit PostDelete PostView Post/Check IPPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)
The new state of Andhra Pradesh is all set to get Special Category status effective from June 8.

AP shall be the 12th state to receive this status.

Advantages:

1. Major chunk in grants allocated by Centre
2. Grant portion 90% and Loan portion 30%
3. Excise Duty concessions.

Good to see the first of the benefits trickling in.

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