West Bengal Textile Incentive Scheme: Waiver of Fees for Land Conversion and Mutation

The scheme “Waiver of Fees for Land Conversion and Mutation” is a sub scheme under “West Bengal Textile Incentive Scheme”. It was launched on 13 December, 2022, by the Department of Micro, Small and Medium Enterprises and Textiles, Government of West Bengal, and shall remain valid upto five years. > Objective of the "West Bengal Textile Incentive Scheme” Scheme: The object of the scheme is to extend fiscal incentives to textile sector across the entire value chain starting from fibre to stitched garments for setting up such units in the State. The focus is on accelerated and focused development of the textiles sector across the state. This shall enable to maximize the utilization of resources, generate new employment and widen the area of operation to make the state emerge as the preferred destination for investment in the textile sector. > Objective of the "Waiver of Fees for Land Conversion and Mutation" Scheme: Through this incentive, an eligible textile sector enterprise for its approved project will be entitled to a waiver of fees for conversion and mutation of the land as approved in the project.