Monday 18 June 2012

National Investment and Manufacturing Zones (NIMZs)

NMIZs will be mega industrial zones with world class supporting infrastructure. The government is offering a host of incentives like exemption from capital gains tax and a liberalised labour and environment norms to promote these zones. The NMP proposes to create 100 million jobs by 2020.

Seven NMIZs (National Manufacturing Investment Zones)already have been notified, that includes two in Maharashtra and five more in pipeline.

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