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Tilak
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Username: Tilak

Post Number: 13500
Registered: 02-2012
Posted From: 14.99.11.100

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Posted on Tuesday, March 26, 2013 - 04:10 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Vjavasi:

As per the SSA as well as a state government resolution, Tata Motors was supposed to get loan money in proportion to the gross value added tax it paid from the date of production.


ledu .. memu nammam anthe .. gujju thugs .. oops .. parsee thugs ki modi red carpet esaad ..
"India must conquer the World and nothing less than that is my ideal" || "...with patriotism must be associated a real feeling for others... We must not forget that we have to teach a great lesson to the world... religion and philosophy..." - Swami Vivekananda
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Guriginja
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Username: Guriginja

Post Number: 24593
Registered: 02-2008
Posted From: 24.197.146.201

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Posted on Tuesday, March 26, 2013 - 04:00 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

http://www.steelguru.com/indian_news/Gujarat_sanctions_INR_9 500_crore_for_TATA_motors/71118.html

Project today reported that Gujarat government has sanctioned INR 9,500 crore to TATA Motors for developing infrastructure around the Nano project area.

As per report, it will get 20 years from the commencement of the project to repay the amount at an interest rate of 0.1%. The amount will be repaid by adjusting value added tax dues of the company.

The company will be using the funds to build a township and a 'transport nagar' near the plant location in Charodi village near Sanand to meet the logistics support needed by the project. The government had also pledged to provide 100 acre for TATA for developing the proposed township.

It is clear that tatas get the money for b uiling their plant and what not and their vat taxes will be adjusted as their repayments of the loan...inthakante clarity kattam....
JOHAR YSR.....YSR AMAR RAHE
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Guriginja
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Username: Guriginja

Post Number: 24592
Registered: 02-2008
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Posted on Tuesday, March 26, 2013 - 03:45 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

lol yenni tippalo mana divalakoru policy ni corporate welfare ni kappi pucchukovadaniki.....saqdavandayya sadavandi....

http://www.indianexpress.com/news/gujarat-reveals-what-it-of fered-tatas-for-nano/412792/0

inthakante clear ga yevadu seppaledh..that is the information released by gujaerat govt....kinda link lo groos VAT ki 'proportional' money meme istham ani govet oppukundhi ani very clear....what proportion anedhi akkada seppaledhu...but as of today 2500 kotlu istham ani govt seppindhi....ledhu mudu vela kotlu pai mate ani tata antundhi....asalu katha itta vunte first asalu cash loan mate ledhu ani start chesam..ippatiki ee ragam lo continue avuthunnam.....tappulu setthe kappi pucchukovadaniki yenni tippalo...


JOHAR YSR.....YSR AMAR RAHE
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Methhanithodugu
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Username: Methhanithodugu

Post Number: 23458
Registered: 12-2008
Posted From: 117.195.197.102

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Posted on Tuesday, March 26, 2013 - 03:26 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Vjavasi:




ouch .... so peddayina Ongc gas meeda busy annamata .. ne ways guriginka turn ...
sanna ga untaru kaani.... Middle class danemma Shock bagundi by Con-Gress!!!
Jai Chandra Madiga garu
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Boston_baba
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Username: Boston_baba

Post Number: 1699
Registered: 07-2012
Posted From: 122.178.199.33

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Posted on Tuesday, March 26, 2013 - 03:24 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Vjavasi:

TATA considered andhra also for relocation from singur



AP didnt offer the huge sops like Guj did. for that matter, no other state including TN didnt offer such incentives.
anyways, recent ga, nellore sricity lo automobile unit setup ki MOU sign chesaru.
may be, i shud check the kind of incentives offered to them.
Future is not to be predicted.. It is to be created...
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Vjavasi
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Username: Vjavasi

Post Number: 11140
Registered: 11-2009
Posted From: 63.79.91.21

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Posted on Tuesday, March 26, 2013 - 03:21 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Methhanithodugu:

NO AT THAT TIME YSR WAS DEAD EMO IF NOT MY MEMORY PROBS...




TATA NANO established in 2008
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Methhanithodugu
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Username: Methhanithodugu

Post Number: 23456
Registered: 12-2008
Posted From: 117.195.197.102

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Posted on Tuesday, March 26, 2013 - 03:17 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Vjavasi:

yeah loss to commission dacoits in AP..




NO AT THAT TIME YSR WAS DEAD EMO IF NOT MY MEMORY PROBS... :D
sanna ga untaru kaani.... Middle class danemma Shock bagundi by Con-Gress!!!
Jai Chandra Madiga garu
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Vjavasi
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Username: Vjavasi

Post Number: 11139
Registered: 11-2009
Posted From: 63.79.91.21

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Posted on Tuesday, March 26, 2013 - 03:13 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Methhanithodugu:

are you queschening guriginja thinking ability ... he says its loss to people





yeah loss to commission dacoits in AP.....TATA considered andhra also for relocation from singur
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Methhanithodugu
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Username: Methhanithodugu

Post Number: 23455
Registered: 12-2008
Posted From: 117.195.197.102

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Posted on Tuesday, March 26, 2013 - 03:10 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

are you queschening guriginja thinking ability ... he says its loss to people
sanna ga untaru kaani.... Middle class danemma Shock bagundi by Con-Gress!!!
Jai Chandra Madiga garu
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Vjavasi
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Username: Vjavasi

Post Number: 11137
Registered: 11-2009
Posted From: 63.79.91.21

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Posted on Tuesday, March 26, 2013 - 03:05 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

courtesy: link received from DB modi haters



http://timesofindia.indiatimes.com/business/india-business/T ata-Motors-get-first-part-of-assured-funds-from-Gujarat/arti cleshow/18652120.cms

GANDHINAGAR: Three years after Tata Motors drove into Sanand from a hostile Singur, the Gujarat government is releasing the first installment of the soft loan it had promised to lure the company from West Bengal in 2008.


The payment is being made even while the government and the company are locked in a dispute over the quantum of sops which were to be given at the time of the commissioning of the plant — which, in this case, was June 2010.

The state government has cleared a proposal to release Rs 545 crore within the next three months to fulfill its commitment made in the State Support Agreement (SSA) signed to structure the sops.

The state budget has made a special provision of releasing Rs 425 crore to the company this year while an amount of Rs 120 crore, which was sanctioned last year but not released, would also be paid to the car-maker this year.

As per the SSA, the loan was offered at an interest rate of merely 0.10% on the total investment for a period of 20 years of the commissioning of the project. The state government was expected to release the first instalment in April 2010 but a dispute over calculating the total amount of the loan derailed the decision then.

A high level assistance committee for mega-industrial projects, which is headed by the chief secretary, had approved a provisional loan of Rs 2138.85 crore for Tata Motors. However, the company's estimate was much higher — about Rs 3,466 crore.

"The government and the company are yet to resolve the dispute over the total amount of soft loan. But, the company will get Rs 545 crore this year even as the negotiations over deciding the final amount continues," said a senior official.

As per the SSA as well as a state government resolution, Tata Motors was supposed to get loan money in proportion to the gross value added tax it paid from the date of production.

So far, the Gujarat government has given mega project status to Tata Motors, Ford Motors, Maruti Suzuki and a textile company ever since the scheme was announced under the industrial policy of 2009.

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