The Live Nagpur
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Featured
  • Crime
  • Entertainment & Lifestyle
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary

The Live Nagpur

  • Home
  • City
  • Politics
  • Business
  • Education
  • Entertainment
  • Sports
  • Health
  • Crime
  • Forest
  • Featured
  • Vidarbha
Business

A Positive Step Towards Promotion of Thrust Sectors: Says CA. Julfesh Shah

by Tejas Mundhada October 5, 2019October 5, 2019
written by Tejas Mundhada October 5, 2019October 5, 2019
Positive Step Towards Promotion of Thrust Sectors: Says CA Julfesh Shah

Nagpur Branch of WIRC of ICAI organized a half-day seminar on Package Scheme of Incentives 2019 which was notified by the Government of Maharashtra on 16th Sept 2019.  On this occasion, CA Julfesh Shah who elaborated on the topic as a speaker stated that with a view to steer industrial development towards high-tech emerging sectors and generation of employment, the State Government has identified various thrust sectors.

Thrust sectors shall mean and include: Electric Vehicles (Manufacturing, Infrastructure and Servicing), Aerospace and Defense Manufacturing, Industry 4.0 (Artificial Intelligence, 3D Printing, Internet of Things and Robotics, Nanotechnology, among others), Textile Machinery Manufacturing, Biotechnology and Medical and Diagnostic Devices, Agro & Food Processing (Secondary and Tertiary Food Processing units), Logistics & Warehousing, Green Energy/ BioFuel Production, Sports and Gym Equipment Manufacturing, Nuclear Power plant equipment manufacturing & such other industries as notified in the notification.

This is a very positive step towards the promotion of thrust sectors mentioned CA. Julfesh Shah in his deliberation during the seminar.  CA. Shah covered in detail Micro Small & Medium Enterprises (MSME) segment and various incentives as well as provisions under the new scheme pertaining to MSME Sector in specific. His presentation covered the significant key aspects of the entire policy and interpretations of vital provisions in detail.

Bhagwat Thakre was the other speaker who elaborated on mega & ultra-mega project based upon capital investment and employment. Further CA. Thakre envisaged the comparative analysis of PSI 2013 & PSI 2019 schemes and narrated how an entrepreneur can take benefit of the new scheme. Additionally, he also covered the objectives and incentives available for Large Scale Investments (LSI) & special LSI projects / units.

Both the speakers have answered all the vital queries of the members participants in detail. They have cleared all the doubts of the participants and urged them to propagate the scheme for the maximum benefit of their clients. They also encouraged the participants to propagate the scheme for the overall industrial development of our region.

Suren Duragkar, Chairman, Nagpur Branch of WIRC of ICAI in his welcome address spoke about need of the seminar and role of Nagpur Branch towards member updation. CA. Duragkar also welcomed both the speakers of the seminar and stated that like any veterans of the field when it comes to Industrial Policy & State Governments Incentive Schemes, the two senior faculties CA. Julfesh Shah & CA. Bhagwat Thakre are looked upon and requested to guide the members due to their vast experience and interaction with government agencies. He further welcomed the members who had participated in large numbers (130+ CA members) and urged them to get their each & every doubt cleared in the Q&A session after the deliberation.

Prominently present on the occasion were Managing Committee Members of Nagpur Branch, CA. Kirit Kalyani (Vice Chairman), CA. Saket Bagdia (Secretary), CA. Jiten Saglani (Treasurer & Seminar Coordinator) & CA. Harish Rangwani & two Past Chairman of Nagpur Branch CA.O.S.Bagadia & CA. Satish Sarda amongst others 130 members.

Get the latest Nagpur Business news and updates about the city’s economy, business, and market. For an exclusive & live updates from the Nagpur, stay connected with THE LIVE NAGPUR.

city newslive nagpurnagpurnagpur business newsnagpur news
0 comment
FacebookTwitterLinkedin
Tejas Mundhada

previous post
Rohit Sharma second Indian opener to score centuries in both innings of Test
next post
Is cleanliness in Nagpur, a far-fetched dream?

You may also like

Butibori Manufacturers Association to observe no-honking day on...

July 2, 2022

VIA to organise “Plant Based Foods Export” Workshop...

July 2, 2022

Withdrawal of GST exemption on Room Tariff will...

June 30, 2022

VIA-LEW organized program on Recent changes in Income...

June 30, 2022

Seminar on amendments in GST and compliances in...

June 30, 2022

GST new rates, check list of items, services...

June 30, 2022

Isha Ambani to become chairman of Reliance conglomerate’s...

June 29, 2022

Power Deptt, Adani group sign MoU, Generation of...

June 28, 2022

Mukesh Ambani resigns as Director of Reliance Jio

June 28, 2022

Session on  Succession Planning, Will, recent changes in Income...

June 26, 2022

Trending News

  • Rahul Narvekar is new Mah Assembly Speaker

    July 3, 2022
  • India logs 17,070 new COVID cases in last 24 hours

    July 1, 2022
  • Rise in COVID cases, India reports 18,819 positive in last 24 hours

    June 30, 2022
  • First batch of pilgrims leaves for Amarnath Yatra

    June 30, 2022
  • India bans single use plastic, to be in effects from July, check list of ban items

    June 28, 2022

Important Links

  • Politics
  • Crime
  • Business
  • Education
  • Entertainment
  • Sports

Available on Playstore & Coming Soon on Appstore

Search

October 2019
M T W T F S S
« Sep   Nov »
 123456
78910111213
14151617181920
21222324252627
28293031  

Sign-Up Form

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

Footer Logo
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Featured
  • Crime
  • Entertainment & Lifestyle
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary
  • Privacy Policy
  • Disclaimer
  • Cookie Policy
  • Terms Of Use
  • Advertise with Us
  • Work with us
  • Contact Us

© 2020 - The Live Nagpur . All Rights Reserved.