Odisha OLR Act Premium Exemption 2022

The Government of Odisha provides an exemption from premium under the Orissa Land Reforms (OLR) Act, 1960, as an incentive within its Industrial Policy Resolution 2022. The measure is intended to support industrial growth by lowering the cost burden on manufacturing and service enterprises. Under it, the premium payable under clause-C of Section 8(A) of the OLR Act, 1960 is waived in full.

The exemption applies to enterprises setting up new industrial units in Odisha, as well as those undertaking expansion, modernisation or diversification of existing units, provided they operate in the state's identified Priority and Thrust sectors. Reducing land-related costs is expected to improve the investment climate and ease of doing business, and to support industrial development across Odisha.

Micro, small and medium enterprises (MSMEs) and large industries both stand to gain, since the exemption lowers the expense of acquiring and using land for their operations.

- **Step 1: Consult the Industrial Policy Resolution 2022 Odisha.** Familiarise yourself with the detailed guidelines and the specific definitions of 'Priority and Thrust sectors' that apply to your industrial unit. - **Step 2: Secure an Eligibility Certificate.** Large Industries and Medium Enterprises must apply to the Director of Industries, Odisha to obtain an eligibility certificate. Micro and Small Enterprises must apply instead to the General Manager (G.M), RIC/DIC. - **Step 3: Submit the Certificate to Claim Exemption.** Once the eligibility certificate has been issued, produce it before the authorities handling land premium payments so that the 100% exemption under the OLR Act, 1960 can be availed.

Eligibility of an industrial unit is assessed by the designated state authorities. Applications for the eligibility certificate are scrutinised against the criteria set out in the Industrial Policy Resolution 2022 — among them the unit's classification (new or existing; large, medium, micro or small) and whether it operates within the notified Priority and Thrust sectors.

The application is evaluated by the Director of Industries, Odisha, or by the G.M, RIC/DIC. Where all conditions are satisfied, the eligibility certificate is issued.