The Bihar Logistic Policy
bihar · 2023
The scanned source for this Act is imperfect — headings or section boundaries may be off. Verify against the official source.
- S. 1Section 1 provides various incentives including subsidies, interest subvention, tax reimbursements, and skill development subsidies for logistics investments in Bihar.
- S. 2Section 2 outlines the importance and growth potential of India's logistics sector, highlighting reforms and initiatives to boost its development.
- S. 3Section 3 outlines the need for the Bihar Logistics Policy to develop warehousing and logistics infrastructure to boost industrialization and economic growth.
- S. 4Section 4 of the Bihar Logistic Policy outlines the establishment and functioning of logistics infrastructure and related development authorities.
- S. 5Section 5 provides cost subsidies and exemptions for new units in Bihar, including EPF, stamp duty, and land/shed transfer.
- S. 6Section 6 of the Bihar Logistic Policy incentivizes Multi Modal Logistics Parks, defining them as freight-handling facilities with specific infrastructure and investment requirements.
- S. 7Section 7 provides incentives and guidelines for Multi Modal Logistics Parks, Logistics Parks, and Logistics Units in Bihar.
- S. 8Policy Implementation, Monitoring and Grievance Redressal 8
- S. 9Policy monitoring and grievance redressal i
- S. 10Section 10 outlines the structure and terms of reference for various logistics committees in Bihar.
- S. 11ii
- S. 129023
- S. 13Section 13 excludes industries listed in the 2016 Bihar Industrial Investment Promotion Policy from receiving incentives under the Bihar Logistic Policy.
- S. 14The section states that in case of translation discrepancies, the English version of the policy is definitive.
- S. 15The policy is effective from the notification date and remains operational for five years.
- S. 16The proposal has been approved by the State Cabinet in the form of item number-26 on 22
- S. 42Section defines terms in the policy and assigns final interpretation authority to the Department of Industries officials.