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Kerala’s new environmental, social, and governance (ESG) policy seeks to provide incentives to existing and new investments promoting the state’s ESG goals.
The first such policy by a state offers tax breaks, subsidies, loan concessions, and startup incubation for investments aligned with ESG principles, state industries and law minister P Rajeeve said.
The policy document says the government would offer tax credits — 100% reimbursement on capital investment for five years to reduce the tax liability of individuals or businesses that meet ESG…
