Chief Minister Dr. Mohan Yadav presided over the meeting of the Cabinet on Tuesday at the Maharaja Chhatrasal Convention Centre in Khajuraho, during which several important decisions were taken, including approvals related to the industrial development and employment generation in Bundelkhand, expansion of irrigation facilities, construction of road infrastructure and development projects for establishing a cheetah habitat in the Nauradehi Sanctuary. The Chief Minister was felicitated by the Cabinet for ‘Bundelkhand’ focused development decisions. The meeting also approved new posts for the medical colleges in Chhatarpur and Damoh, along with the upgradation of government health institutions and the creation of additional posts.
The Cabinet has approved a special industrial incentive package for the ‘Maswasi Grunt’ industrial area in Sagar, aimed at accelerating industrial development in the Bundelkhand region. This package will create an investor friendly environment, paving the way for investments worth ₹24,240 crore. The initiative is expected to directly generate employment for over 29,000 people, opening a new path for economic progress. Under the approved package, the land allotment and annual land lease rate have been fixed at just ₹1 per square meter. Additionally, a facility of 20 equal annual installments has been provided for payment of development charges, while the maintenance fee has been set at ₹8 per square meter per year.
To encourage investors, 100% reimbursement of stamp duty and registration fees has been approved. Industrial units will also be exempt from electricity duty for five years from the date of commencement of commercial production. Large industrial units will be governed by the provisions of the Industrial Promotion Policy 2025 and Investment Promotion Scheme 2025, while MSME units will be covered under MSME Development Policy 2025 and MSME Incentive Scheme 2025. Cement manufacturing units will not be eligible for this special package, which will remain in force for the next five years.