Question : Incentives to Cement an Steel Plants

(a) whether the Government has given any incentives to cement and steel plants in the country, particularly in Andhra Pradesh; and

(b) if so, the details of the funds allocated and released State-wise, particularly in Anantapur district of Andhra Pradesh?

Answer given by the minister

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THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE & INDUSTRY
(SHRI SOM PARKASH)

(a) & (b): Government of India provides an enabling ecosystem of overall industrial development in the country through appropriate policy interventions.

As development of industry is primarily the domain of State Government, Government of Andhra Pradesh has stated that they have provided incentives to Cement and Steel Plants in Andhra Pradesh as per the policies of Target 2000, Industrial Investment Promotion Policy (IIPP) 2005-10, IIPP 2010-15 and Industrial Development Policy (IDP) 2015-20 and same is also continue in APIDP 2020-23.
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