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The State is situated in Southern part of India and is surrounded by Karnataka in the
North, Indian Ocean in the South, Arabian Sea in the West, and Tamilnadu in the East.
State Capital : Thiruvananthapuram
Area of the State : 38,863 Sq. Km.
Population (1991 Census) : 29,032,828
Male Population : 14,230,391
Female Population : 14,802,437
Sex Ratio : 1040 : 1000
Principal Language : Malayalam
Urbanisation Rate : 26.44%
Literacy Rate : 91%
Maximum Temperature : 32xC
Minimum Temperature : 24xC
Average annual Rainfall : 3000 mm
State Domestic Product : Rs. 150820 mln. (1992-93,
At current prices)
Per Capita State Domestic Product : Rs. 5065 (1992-93,
At current prices)
Minerals : Iemenite, Rutile, Monazite, Zircon, Sillimanite, Clay,
Quartz sand.
The major soil type in the state are Laterite Soil, Alluvial Red
Loamy Soil, Red Sandy Soil.
Human
Total working population : 9.15 mln. nos.
Male working population : 6.80 mln nos.
Female working population : 2.35 mln. nos.
Banks & Financial Institution
Nationalised Bank Branches : 2,824
Number of SSIs in the State : 95851 (As on 31.3.93)
Number of medium and large : 287 (As on 31.03.93)
industries in the State
EPZ in the State : Cochin Export Processing Zone
Number of Stock Exchanges : 1
Name of the Stock Exchanges : Cochin
FISCAL & FINANCIAL
CONCESSIONS/INCENTIVES
Incentives
* 50% of the cost of market and feasibility studies for medium and
large scale industries will be shared by KSIDC.
* 50% of the promoters margin subject to a maximum of Rs.0.1
million or 20% of the project cost whichever is less is available
per unit as margin money/sandy capital loan.
- New units are exempted from all State Taxes for
first 7 years
subject to a maximum of 100% FCI or deferent of Sales Tax for 10
years.
_ Sales Tax exemption for 3 years upto 100% on investment on
expansion/diversification/modernisation for existing units.
- Sales Tax for item manufactured in the state except petroleum
products at 4 % for Sales to Public Sector and other notified
bodies.
- SSI units are fiscal at only 4% for Sales and other SSI's and
Government Organisations.
_ Concessional rate of Tax available for new units to purchase raw
materials, components etc.
- Tax on Sale of electronic goods reduced to 5%.
- Tax on Sale of computer, electronic printer, photocopier etc.
reduced to 3%.
ELECTRICITY FOR NEW UNITS
- Connection give even during power cut period and
exempted from
power cuts for first 5 years.
- No service connection charges within 500 watts
- No electricity duty for power generated by Industrial units.
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