By admin       2018-04-30

Unhealthy competition among states is harming the industry and causing a tremendous revenue loss to the exchequer and so there should be 'One Country, One Policy' for industrial sectors, GCCI president Shailesh Patwari told media persons. 'Recently, the Textile Policy of Maharashtra provided and incentive of Rs3 per unit of electricity. This can make units in Gujarat noncompetitive. Units have availed bank loans. All the loans will turn bad. If states fall in this incentive trap, it is lose-lose for all," explained Patwari.

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