The New Industrial Policy has following broad idea: To provide additional financial security to the workman, the employer shall also compensate the worker, by paying an amount equivalent to its last three months average pay; section 25O has been amended, wherein it has been notified that the employer shall compensate the workmen, who shall be affected by the closure of the establishment, by paying wages equivalent to its last three months average pay, along with paying compensation as per prescribed rates. 1 GENERAL DEVELOPMENT CONTROL REGULATIONS - A GUJARAT TOWN PLANNING AND URBAN DEVELOPMENT ACT-1976 Government of Gujarat Notification No:GH/V/127 of 2016/MIS – 102016 – 1174 - L Dated : 15/06/2016 Power Generation Policy Read More. • The state is leader in production of Soda ash, Salt, Petrochemical downstream products and Export of Diamonds • With the Manufacturing Policy –2011, Gujarat aims to increase the share of manufacturing sector in total GSDP from Chapter VB pertains to provisions related to lay off, retrenchment, closure of certain establishments. The policy is a comprehensive framework for elementary education to higher education as well as vocational training in both rural and urban India. Current Affairs [PDF] - December 1-15, 2020, Current Affairs MCQs PDF - November, 2020, Current Affairs [PDF] - November 17-30, 2020, Important Days & Events in Current Affairs. India’s Largest Professional  Blogging and News Club ! A key objective of Gujarat Industrial Policy 2020 is to facilitate state of the art, sustainable infrastructure in the State. Gujarat government schemes list 2020 and complete details of all Gujarati Sarkari Yojana of current and previous Gujarat governments. Gujarat Textile policy announced, which provides the following schemes. In recent years, the state government has undertaken several initiatives for creation The policy provides 12 per cent Fixed Capital Investment. The new policy is aimed at leasing out government land to industrialists, provide incentives to private industrial parks and also provide relocation incentives to units intending to relocate in wake of COVID 19 Pandemic. Gujarat is the first state to do so under the new policy. The detailed policy document is appended at Annexure-I. There will be capital subsidy and interest subsidy for the MSME sector in the state. The New Gujarat Industrial Policy 2020 will offer interest subsidy upto 7% upto INR 35 lakhs per annum for a period upto 7 years to these service sector MSMEs in the state including those engaged in Financial Services, Healthcare Services, Audio Visual services, Construction related engineering services, Environmental services etc. Industrial Scenario in Gujarat Major Economic Sector in Gujarat- Current Status Gujarat’s economic growth has been faster in recent years while sustaining a double digit growth for a considerable period of time. 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