Question 1: What are
the main activities of TRIFAC?
Answer:
TRIFAC mainly performs following activities:
I.Front office of State Government for investment
promotion and advice Government in policy
matters.
II.Processing of applications for customised
package of concessions, exemptions and facilitation
to the mega projects through Apex
Level Investment Promotion Empowered Committee.
III.In principle approval to the industrial
and other projects through project clearance
and implementation board(PCIB).
IV.Grants Industrial Investment Promotion
Assistance (IIPA) to the industrial units.
V.Undertakes MOUs (Memorandum of Understanding)
with investors on behalf of State Government.
VI.Follow up action and coordination between
the Government departments and investors.
VII.Facilitation & Coordination for
implementing DMIC project in MP.
Question 2: What is
Apex Level Investment Promotion Empowered
Committee?
Answer:
Apex Level Investment Promotion Empowered
Committee is a high power committee under
the chairmanship of honourable chief minister.
This committee is fully empowered to sanction
the customized package of concessions and
exemptions to the mega projects.
Question 3: What is
customized package and mega project?
Answer: Package
of concessions and exemptions sought by
any investor from State Government which
suits his project.
Mega Projects are the projects
in which investment in fixed assets is above
25 Crores. Food processing, Biotechnology,
Herbal based industries having investment
of Rs. 10 Crores and above, shall also be
considered as Mega Projects.
Question 4: What is
the procedure to obtain customized package?
Answer: Investors
interested to avail customized package,
may contact TRIFAC which is the secretariat
for Apex Level Committee. There is a prescribed
procedure to obtain customized package from
Apex Level Investment Promotion Empowered
Committee. Application should be submitted
on prescribed application form i.e., General
Project Information along with supporting
enclosures and documents.
Question 5: Is there
any fee for applying under Mega Project
scheme?
Answer:
Investors seeking customized package from
State Government are required to pay application
fee in the following manner.
|
S. No |
Proposed Fixed Investment in the Project |
Application Fee in Rs |
|
1. |
25-50 crores |
Rs. 10,000 |
|
2. |
50-100 crores |
Rs. 25,000 |
|
3. |
100-500 crores |
Rs. 50,000 |
|
4. |
Rs. 500 Crores and above |
Rs. 1,00,000 |
Question 6: What is
Project Clearance and Implementation Board
(PCIB)?
Answer:
PCIB is a high power forum under the chairmanship
of Chief Secretary. PCIB apparently grants
in principle approvals to the mega projects
(investment above Rs. 25 Crores) seeking
investment opportunities in the State.
Question 7: How one
can approach to the PCIB?
Answer:
TRIFAC is the nodal agency for PCIB and
MD TRIFAC is the Member Secretary of this
board. Investors seeking in principle approval
from PCIB are required to submit their proposals
to TRIFAC.
Question 8: Is it
compulsory for an investor to approach Apex
Level Empowered Committee or PCIB?
Answer:
No, there is no such compulsion for the
investors to approach Apex Level Empowered
Committee or PCIB. Investors seeking customized
package and additional concessions or exemptions,
which are not there in the policy, are required
to approach Apex Level Empowered Committee.
Similarly investors interested in obtaining
prior in principle approval from State Government
are only required to approach PCIB.
Question 9: Is there
any benefit of getting in principle approval
from PCIB for the investors?
Answer:
Yes, having in principle approval from PCIB
ensures the consent or commitment by the
State Government for setting up of the said
project in the State. This helps the investor
to get formal clearances/ consent/ permission
from the concerned department.
Question 10: Is customized
package sanctioned by Apex Level Empowered
Committee mandatory and binding for the
concerning departments?
Answer:
Yes, the Apex Level Empowered Committee
is vested with the powers of Cabinet Sub
Committee of economic affairs. Hence the
decision taken by the Apex Level Empowered
Committee is mandatory and binding to the
all concerned departments.
Question 11: What
is MOU and its basic objective?
Answer:
MOU is a sort of understanding between the
investor and the State Government in which
investor discloses about their plan for
investment and State Government shows their
commitment for best possible facilitation.
Question 12: Is MOU
compulsory or mandatory for making an investment
in the State?
Answer:
No, MOU between the State Government and
investor is not mandatory. Investors are
free to make investment with or without
MOU with the State Government.
Question 13: In what
way MOU could be helpful to the investors?
Answer: MOU
between investor and State Government creates
conducive atmosphere and increases level
of confidence. This ultimately results into
better performance at both the ends.
Question 14: Does
MOU provide any legal entity to any party?
Answer: No,
MOU does not contain any clause or condition
by which either party can be legally pressurized
to perform any act unwillingly.
Question 15: Does
MOU has any validity?
Answer: Normally
MOUs have no validity, but as per the clause
in the MOU, if no effective steps are taken
by the company within 6 months from the
MOU signing date, TRIFAC can come out of
the MOU.
Question 16: Does
TRIFAC charge any fees for entering into
MOU with investors?
Answer: Yes,
TRIFAC on behalf of Government charges fees
from Rs. 25,000 to Rs. 3,00,000 as per the
investment of the investors.
Question 17: Is there
any upper or lower limit of investment for
entering into MOU with State Government?
Answer: There
is only a lower limit of Rs. 25 Crores of
investment for entering into MOU with State
Government.
Question 18: Is TRIFAC
the only agency responsible for entering
into MOU on behalf of State Government?
Answer: No,
TRIFAC entertains MOUs in which industrial
investment is proposed. MOUs in which proposed
investment is in the other fields like Tourism,
Education, Irrigation, Food Processing,
Energy, Agriculture etc are taken care by
the respective departments.
Question 19: What
is DMIC?
Answer: Delhi-Mumbai
Industrial Corridor project is popularly
known as DMIC project. Indian Railways are
constructing a dedicated freight corridor
(DFC) between Dadri (Capital Area New Delhi)
and Jawaharlal Nehru Port (Mumbai). This
DFC is passing through six states, one among
them is Madhya Pradesh. Government of India,
all along this DFC have planned to establish
industrial region, which is known as DMIC
project.
Question 20: What
are the areas, influenced under DMIC project
in Madhya Pradesh?
Answer: DMIC
would be passing through the border of Gujarat
and Madhya Pradesh in Malwa region. The
districts which would be affected by this
project are Ratlam, Dhar, Indore, Ujjain,
Shajapur, Dewas, Neemuch, Jhabua, Mandsaur,
and Rajgarh.
Question 21: Which
is the agency that takes care of DMIC project
in M.P.?
Answer: Madhya
Pradesh Trade and Investment Facilitation
Corporation (MP TRIFAC) is the nodal agency
for dealing day-to-day activities related
with DMIC project.
Question 22: Is TRIFAC
fully empowered to take important decisions
in concern with implementation of DMIC project
in Madhya Pradesh?
Answer:
For effective and smooth implementation
of DMIC project in the State, State Government
have constituted the high power committees.
One is Steering Committee headed by honourable
Chief Minister and other one is Empowered
Committee headed by the Chief Secretary
Government of Madhya Pradesh. These two
committees are vested with the powers to
take appropriate decisions for effective
and successful implementation of the project
in the State.
Question 23: What
are the areas which are to be developed
as investment regions under DMIC project
in Madhya Pradesh?
Answer: Answer:
Initially following areas have been identified
as investment regions to be developed under
the DMIC project:
1. Pithampur - Dhar - Mhow investment regionss.
2. Shahjapur - Dewas industrial area.
3. Ratlam - Nagda investment region.
4. Neemuch - Nayagaon industrial area.
Question 24: Who are
Project Management and Project Development
Consultants for DMIC project in Madhya Pradesh?
Answer:
IL&FS Infrastructure Development Corporation
(IDC) and Lea Associates South Asia Private
Limited (LASA) are the Project Management
Consultant & Project Development Consultant
respectively for DMIC project in Madhya
Pradesh.
Question 25: Has Government
of Madhya Pradesh identified any project
to begin with DMIC project in Madhya Pradesh?
Answer:
Answer: Government of Madhya Pradesh, in
consultation with Project Management Consultant,
Project Development Consultant and other
concerned departments and agencies have
identified following projects as early bird
projects to begin with the DMIC project
in the State. Early bird projects are:
i. Economic Corridor between Airport Indore
and Growth Center Pithampur.
ii. Management of water supply and waste
water disposal in Pithampur Industrial area.
iii.Integrated Multimodal Logistic Hub near
Indore.
iv. Knowledge city at Ujjain.
Question 26: What
is Industrial Investment Promotion Assistance
(IIPA)?
Answer:
Industrial Investment Promotion Assistance
(IIPA) is a fiscal incentive given by State
Government to the industrial units. Under
IIPA scheme, 50/75% (depending upon its
eligibility) of the tax paid by the industry
is reimbursed in the next financial year
which excludes the input tax rebate and
purchase tax.
Question 27: Are all
types of industries eligible to avail benefit
under IIPA scheme?
Answer:
No, the products/industries included in
the ban list of the IIPA scheme are not
eligible to avail benefit under IIPA scheme.
Question 28: Is there
any limit of benefit in the IIPA scheme?
Answer:
Yes, industries can avail IIPA, subject
to a maximum amount equivalent to the investment
made by them, within the eligibility period.
Question 29: Does
entire amount of tax reimbursed under IIPA
scheme?
Answer:
The 50/75% of tax amount, depending upon
the eligibility of the Industrial unit is
reimbursed which excludes the input tax
rebate and purchase tax.
Question 30: Is there
any pre-enrolment or registration required
under IIPA scheme?
Answer:
Yes, industries are required to obtain registration
from the department exclusively under IIPA
scheme. TRIFAC is the nodal agency for issuing
registration under the scheme.
Question 31: What
is the procedure to obtain registration?
Answer:
Industries desirous of obtaining registration
under the IIPA scheme are required to submit
application on prescribed format along with
the necessary enclosures.
Question 32: Is IIPA
benefit given to new industries only?
Answer:
New industries as well as existing industries
undertaking expansion, diversification and
modernization are eligible to avail benefit
under IIPA scheme.
