 "File photo: A sand art on Make in Odisha Conclave")
With the second Make in Odisha summit barely four months away, the state government has allowed 20 per cent capital investment subsidy for the IT (information technology), IT-enabled services (ITes) and ESDM (Electronic System Design & Manufacturing) companies investing in the state.
The state government has notified operational guidelines for reimbursement of subsidy on capital investment under Information and Communication Technology (ICT) Policy 2014 belatedly.
The state government has declared 20 per cent investment subsidy on fixed capital investment for plant and machinery (except land & building) for IT/ITES/ESDM units with a maximum limit of Rs five million for IT/ITes
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