| 1 |
Land Incentives |
50% subsidy on concessional land cost (post-production) for units employing ≥ 200 skilled Odisha-domiciled people (excluding BDA/CDA areas).
|
| Stamp Duty |
100% stamp duty exemption |
| 2 |
Capital Investment Subsidy |
30% capital investment subsidy on actual investment in Plant & Machinery, with no upper cap, disbursed in a phased manner, over a period of 5 years from the date of commencement of commercial production
|
| 3 |
Power Infrastructure Incentives |
25% subsidy up to ₹1 crore per unit for creation of dedicated power
infrastructure essential for operational readiness.
|
| Electricity Duty Exemption |
100% exemption from payment of Electricity Duty for a period of 10 years
from the date
of commencement of commercial production |
| Power Tariff Reimbursement |
Reimbursement of Power Tariff of Rs 2.00 per unit consumed and purchased from local
DISCOMs/GRIDCO for a period of 10 years from the date of commencement of
commercial production
|
| 4 |
Enhanced Employment Linked Incentives (ELI) Skill Development |
- Rs 15,000 per month for Odisha domicile high skilled female or transgender or
Rs 12,500 per month for Odisha domicile high skilled male for professionals,
scientist or RCD personnel to be provided for a period of 5 years from the date of
commencement of actual production
|
| 5 |
Incentives for Innovations, Research Development |
-
RCD investment assistance at 50% of the eligible project cost with maximum limit
of up to ₹10 crore for MSMEs, ₹25 crore for Large Units, ₹50 crore for Mega Units,
₹100 crore for Anchor Units.
-
Under industry-academia collaborative RCD support, 50% incentive up to ₹10 crores, will be provided to pharmacy colleges and universities Financial assistance of ₹25 lakh per domestic patent filed and granted, ₹50 lakh per international patent filed and granted.
|
| 6 |
Employment Subsidy |
100% reimbursement of employer contribution towards ESI & EPF Scheme for a period of 7 years from the date of commencement of commercial production for skilled and semi-skilled workers who are domicile of the state
|
| 7 |
State Goods and Services Tax (SGST) Reimbursement |
Reimbursement of 100% of net SGST paid, overall limited to 200% of the cost of plant and machinery (for units in Biju Economic Corridor, the overall limit is 300% of the cost of plant and machinery )
|
| 8 |
Environment friendly infrastructure incentives |
-
Subsidy of 25% of the investment in new plant & machinery and the cost of new technical civil works will be provided for the following green measures up to the maximum total limit of Rs. 10 crores per industrial unit:
- Green Buildings
- Waste Water Treatment Facilities
- Effluent Treatment Plant
- Deep Sea discharge facility
-
Up to 50% of capital subsidy on cost of relevant equipment up to a maximum of Rs. 10 crore per industrial unit for setting up of new facilities as certified by Odisha State Pollution Control Board (OSPCB) for practicing at least 50% wastewater recovery through Zero Liquid Discharge (ZLD)
|
| 9 |
Incentives for Private Industrial Parks |
50% capital grant (up to ₹100 crore per park/ first 5 parks promoted by State Agencies/Private sector) for development of common infrastructure in Pharma or MedTech Parks of minimum 100 acres Applicable for investments made after the policy's effective date, earlier projects qualify only if common infrastructure is completed within the policy period and no prior incentive was availed.
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