Sources in the state government say that the decision has already been taken at the departmental level, but a final nod from the state Cabinet is yet to be obtained. The issue is likely to be flagged in the state Cabinet meeting scheduled for next week. Since projects worth more than Rs 6,000 crore are held up because of these issues, the state government has decided to go ahead and grant these concessions so that industrial investment in the state gets rolling.

Investors will continue to contribute 1 per cent of the total fixed capital investment to create the cancer treatment fund till the government gives it a green signal.

The decision has been taken after investors, who have to contribute their share before a letter of eligibility is issued to them, said contribution to the cancer and drug treatment funds was too high. The decision to reduce the contribution has already been approved by the Board of Governors of state’s investment council.

Sources say after investors objected to the steel industry’s exclusion from availing concessions and being clubbed with other highly polluting industries, the government has decided to remove it from the negative list. Refining of petroleum products, too, has been kept in the negative list.