i) |
The rates prescribed above shall be applicable with effect from 1st July 2017 till 30th June 2022. |
ii) |
The rates shall be escalated by 2% per annum with effect from 1st July 2018 till 30th June 2022. |
iii) |
All other conditions governing the license fee/lease rent shall be as per the amended Land Policy Guideline of 2014 issued by the Ministry of Shipping , and as may be amended from time to time. |