Chhattisgarh Logistics Subsidy | State Logistics Policy

The State Logistics Policy in Chhattisgarh has the objective to improve the logistics, transportation and supply chain infrastructure in the state. The Chhattisgarh Logistics Policy provides financial assistance to boost the logistics movement, to make trade of goods easier and cheaper. The State Logistics Subsidy in Chhattisgarh incentivizes industries, boosts trades, generates job opportunities through improvement of roads, rail and port connectivity. The Chhattisgarh Logistics Policy is aligned with the National Logistics Policy to investment, logistics and competitiveness for management in the state. Read the following article to know more about the State Logistics in Chhattisgarh and learn how our team of experts at Professional Utilities can help you redeem the eligible schemes.

The State Logistics Subsidy in Chhattisgarh offers several benefits to enhance the logistics sector and overall economic growth of the state which are listed below:

• Improve Infrastructure: Chhattisgarh Logistics Policy with logistics connectivity to be established by infrastructure facilities like road maps and channels, ports, and airport connectivity for the ease of transportation.
• Reduce Expenses: Availability of supply value means that the cost of transporting goods is reduced, hence increasing competitiveness in the national and global economy.
• Job Creation: Better provision of transport leadership leads to the generation of job opportunities in warehousing, transport, and logistics sectors.
• Attract Investment: Based upon the State Logistics Subsidy for Chhattisgarh, enhanced logistic support and incentives raise very large investments in manufacturing and trading companies in the state.
• Sustainability: The Chhattisgarh Logistics Subsidy is much more inclined towards environment-friendly activities, which helps developmental activities in low-impact areas.

The Chhattisgarh Logistics Policy provides maximum subsidy rates and amount to businesses to ensure prevention of exploitation or unfairness of the intermediary. The State Logistics Subsidy in Chhattisgarh is categorized under 3 programs which are listed below:

• Interest Subsidy

  Category	Subsidy Rate	Subsidy Amount	Limitations
  a) In Industrially developing areas	50% of total annual interest paid	Up to Rs 60 lakhs per annum	Up to 6 years
  b) In Industrially backward areas	60% of total annual interest paid	Up to Rs 100 lakhs per annum	Up to 7 years

• Fixed Capital Investment Subsidy for 15-40 Acres (min 50,000 MT capacity)

  Subsidy Rate	Subsidy Amount	Limitations
  a) In Industrially developing areas	35% of the fixed capital investment	Max Rs. 10 Crores
  b) In Industrially backward areas	40% of the fixed capital investment	Max Rs. 12.5 Crores

• Fixed Capital Investment Subsidy for Above 40 Acres (min 1 Lakh MT capacity)

  Subsidy Rate	Subsidy Amount	Limitations
  a) In Industrially developing areas	35% of the fixed capital investment	Max Rs. 12.5 Crores
  b) In Industrially backward areas	40% of the fixed capital investment	Max Rs. 15 Crores