75 percent discount on land value for setting up data centre: MP Cabinet Decision

Bhopal, September 25, 2019 (Muslim Saleem): Under the chairmanship of Chief Minister Shri Kamal Nath, the Cabinet today amended the Madhya Pradesh IT, ITS and ESDM Investment Promotion Policy and Scheme 2016 with an aim to open up dimensions of international investment in the state. Provision for relaxation in the value of government land has been added in the scheme for setting up a data centre in the state.
Now the data centre with a minimum proposed investment of Rs 10 crore will be entitled for benefits under this policy. The units that want to set up a data centre on government land in the state will be given 75 percent discount on land value. This will help in attracting investment under data localization in the state.