Mah offers sops to port, cargo proj

In order to boost investment in small port, multi-purpose je­tty and cargo terminal pro­jects, the Maharashtra gove­r­­n­ment has granted an eight-year holi­day on non-agriculture (NA) tax and exempted NA clea­­­­rance norms of land acq­ui­sition for the projects. Projects invo­lving the const­ruction of small ports, multi-purpose jet­ties and cargo termi­nals have been gi­ven industry status by the state gove­rnment. Acco­rdingly, the­re is no need for NA permission due to a cha­nge in land user. All Maharashtra Mari­time Board cpeared pro­jects will be the beneficiaries of the sops.