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Nitin Spinners to get benefits for setting up new unit from Govt. of Rajasthan

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Capital Market
Last Updated : Aug 02 2018 | 6:04 PM IST

Under RIPS, 2014

Nitin Spinners announced that the Government of Rajasthan Vide Notification dated 01 August 2018 approved Customized package under RIPS, 2O14 for expansion project of the Company through setting of new unit at Bhanwariya Kalan Teh. Bengu Distt. Chittorgarh. As per the Notification, the company shall be entitled for following benefits:

1. 5% lnterest Subsidy available for 7 years as per scheme
2. 75% exemption from payment of Electricity Duty for 10 years
3. Other benefits as provided in the scheme, if any, for which Company shall be eligible.

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First Published: Aug 02 2018 | 5:44 PM IST

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