Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
News

Home News News and Press Release Month 8 2015 2015 (8) This

Industrial Development Centres in Uttar Pradesh, Bihar and Maharashtra

5-8-2015
  • Contents

Department of Industrial Policy and Promotion under Ministry of Commerce and Industry has notified “Modified Industrial Infrastructure Upgradation Scheme (MIIUS)”  in July, 2013 for taking up new projects to upgrade infrastructure in existing Industrial Parks/Estates/Area. Greenfield projects in backward areas and North Eastern Region (NER) have been sanctioned under the scheme. State Implementing Agencies of the all the State Governments were requested to submit project proposals for sanctioning new project.  However, no project proposal has been received conforming to MIIUS guidelines during the last two years from Uttar Pradesh, Bihar and Maharashtra.

However, two ongoing projects in Maharashtra under Recast Industrial Infrastructure Upgradation Scheme (IIUS)-2009 has been provided funds during the last two years. Details of funds provided to the projects during the last two years are as under:

(Rs. in crore)

Name of Project

Amount of funds provided during last two years

2013-14

2014-15

Marathwada Automobile Cluster, Aurangabad

4.57

12.10

Kolhapur Foundry Cluster

---

18.01

Under MIIUS, approval has been accorded to 26 new projects in different states of the country.

This information was given by the Minister of State (Independent Charge) in the Ministry of Commerce & Industry Smt. Nirmala Sitharaman in a written reply in Rajya Sabha today.

Quick Updates:Latest Updates