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Performance of Special Purpose Vehicles for Implementation of 39 Projects

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..... Performance of Special Purpose Vehicles for Implementation of 39 Projects - News and Press Release Dated:- 9-7-2014 - News - The overall performance and achievement of the Special Purpose Vehicles (SPVs) for implementation of 39 projects sanctioned during the Tenth and Eleventh Five Year Plan Periods are quite satisfactory. Out of 39 projects sanctioned in the 10th and 11th Five Year Plan periods under Industrial Infrastructure Upgradation Scheme (IIUS), 21 projects have been completed and the remaining are at various stages of implementation. Sanction has been withdrawn in respect of two projects as these projects could not start implementation activities in more than two years despite efforts made by this department. Most of the projects have been delayed on account of land related issues and environment clearance. Some projects have also been delayed on account of shortfall in contributions from Industrial stakeholders and State Governments. The latest independent evaluation of the Scheme was carried out in December 2011 by National Productivity Council (NPC). The findings of the Evaluation Study of NPC indicate that the Scheme has provided a robust platform for develo .....

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..... pment of common facilities like R D labs, Skill Upgradation Centre, Common Tool Rooms, Prototyping Centres, Effluent Treatment Plants and basic infrastructure (road, water, supply, power, etc.) which are essential for the clusters. Majority of these clusters belong to Small and Medium Enterprises who have taken up green initiatives and components to curb pollution. The project-wise complete list of projects sanctioned and fund generated of 37 projects is at Appendix-I. The IIUS has been revised as Modified Industrial Infrastructure Upgradation Scheme (MIIUS) for taking up new projects in the 12th Five Year Plan Period and under this scheme only State Implementing Agency (SIA) such as State Industrial Development Corporation, is authorised to implement the project. Due to modification in the scheme, projects in the 12th Plan Period cannot be undertaken by SPV or Special Purpose Entity (SPE), however new projects have been undertaken through SIA. The details of projects sanctioned along with fund earmarked for different State Implementing Agencies are at Appendix-II. Appendix-I STATEMENT REFERRED TO IN REPLY TO RAJYA SABHA UNSTARRED .....

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..... QUESTION NO. 269 FOR ANSWER ON 9.7.2014. Project Sanctioned in the 10th Five Year Plan Period S N Name of the Industrial Cluster State Date of Approval Total Project Cost (Rs. Cr.) Approved GOI grant (Rs. Cr.) Released GOI grant (Rs. Cr.) Funds generated from all stakeholders (Financial Progess in Rs. Cr.) Physical Progress 1 Pharma Cluster, Hyderabad AP 04.11.2004 66.16 49.62 48.13 62.08 Complete 2 Chemical Cluster, Ahmedabad Gujarat 14.03.2005 71.35 41.39 40.14 69.41 Complete 3 Chemical Cluster, Ankleshwar Gujarat 02.07.2004 152.83 50.00 49.4 .....

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..... 7 161.40 Complete 4 Chemical Cluster, Vapi Gujarat 25.03.2004 54.31 40.49 39.27 71.25 Complete 5 Foundry Cluster, Belgam Karnataka 28.10.2004 24.78 18.58 18.02 24.38 Complete 6 Machine Tools Cluster, Bangalore Karnataka 28.10.2004 135.50 49.12 47.64 149.09 Complete 7 Textile Cluster, Ichalkaranji Maharastra 14.03.2005 65.07 32.70 31.72 67.00 Complete 8 Auto Components Cluster, Pune Maharastra 06.09.2004 59.99 .....

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..... 44.99 44.54 63.05 Complete 9 Auto Components Cluster, Pithampur MP 28.10.2004 62.97 47.23 45.81 67.64 Complete 10 Textiles Cluster, Ludhiana, Punjab Punjab 06.09.2004 17.19 12.69 12.30 17.24 Complete 11 Marble Cluster, Kishangarh Rajasthan 28.10.2004 27.84 26.04 26.77 50.17 Complete 12 Auto Components Cluster, Chennai TN 02.07.2004 47.49 27.74 26.90 54.67 Complete 13 Cereals Pulses Staples Cluster, Madurai TN .....

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..... 06.09.2004 39.96 29.97 29.07 40.03 Complete 14 Foundry/Pump/Motor Cluster, Coimbatore TN 14.03.2005 55.30 39.39 38.99 55.57 Complete 15 Leather Cluster, Ambur TN 14.03.2005 67.33 43.93 43.49 96.34 Complete 16 Textiles Cluster, Tirupur TN 09.03.2004 143.00 50.00 49.50 157.60 Complete 17 Multi Industry Cluster, Haldia WB 04.03.2005 58.85 35.97 34.89 52.76 Complete 18 Iron Steel Cluster, Raipur Chhat .....

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..... ishgarh 04.03.2005 55.06 31.76 30.79 58.33 Complete 19 Metallurgical Cluster, Jajpur Odisha 02.07.2004 80.60 47.00 45.59 88.16 Complete 20 Coir Cluster, Alappuzha Kerala 04.11.2004 56.80 42.60 41.31 54.75 96.00% 21 Auto Components Cluster, Vijaywada AP 02.07.2004 30.67 23.01 22.31 30.66 98.00% 22 Leather Cluster, Kanpur UP 04.03.2005 14.34 9.32 8.83 13.56 Complete 23 Gem Jewellery Cl .....

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..... uster, Surat Gujarat 04.11.2004 61.00 45.61 44.15 45.64 75.75% 24 Rubber Cluster, Howrah WB 29.03.2005 29.74 15.71 14.8350 27.99 94.00% 25 Foundry Cluster, Howrah, WB 04.03.2005 95.03 38.68 32.57 54.02 57.00% 26 Engineering Cluster, Nashik Maharastra 11.03.2008 67.26 42.87 41.59 56.48 Complete 27 Pandhurna Industrial Cluster, Chhindwara MP 02.02.2009 66.78 43.07 41.77 61.41 92.00% 28 Ha .....

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..... ndloom Cluster, Chanderi MP 11.03.2008 27.80 20.30 13.09 9.57 34.00% 29 Auto Cluster, Adityapur Jharkhand 13.08.2008 65.63 47.79 28.42 21.40 33.00% 30 Readymade Garments Cluster, Jabalpur MP 11.03.2008 55.58 30.67 16.95 19.76 36.00% 31 Plastic, Polymer and Allied Cluster, Balasore Odisha 26.03.2010 81.90 58.20 33.14 36.89 45.00% 32 Tiruchirapalli Engineering and Technology Cluster, Tirruchirapalli TN 01.10.2010 102.81 58.28 34.00 52.08 51.00% .....

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..... 33 Marathwara Automobile Cluster, Aurangabad Maharastra 31.05.2010 81.35 58.20 50.81 47.78 59.00% 34 Baddi Infrastructure, Baddi HP 19.11.2010 80.50 58.28 49.51 62.40 78.00% 35 Bamboo Technology Park, Guwahati Assam 01.10.2010 62.28 52.63 45.91 32.76 53.00% 36 Narol Textiles Infrastructure and Environment Management, Narol Gujarat 19.11.2010 145.30 58.28 17.48 39.30 27.00% 37 Kolhapur Foundry Cluster Maharastra 31.01.2012 42.63 30 .....

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..... .92 9.27 14.71 35.00% 38 Handloom Cluster, Bhagalpur Bihar 01.10.2010 20.82 15.69 1.56 Sanction was withdrawn vide order dated 28.06.2013; the SPV has refunded the central grant. 39 Hand Tools Technology Centre, Jalandhar Punjab 01.10.2010 79.49 58.28 17.48 Sanction was withdrawn vide order dated 24.07.2013; the SPV has refunded ₹ 15.22 crore of central gant and ₹ 4.40 crore of interest earned. Appendix-II STATEMENT REFERRED TO IN REPLY TO RAJYA SABHA UNSTARRED QUESTION NO. 269 FOR ANSWER ON 9.7.2014. S. No. Name of Project Proposal State Central grant (Rs. Cr.) 1 Industrial Area Zuangtui, Aizawl Mizoram 15.22 2 Bod .....

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..... hjungnagar Industrial Area Tripura 41.90 3 Industrial Growth Centre, Urla, Distt. Raipur Chhattisgarh 12.15 4 Sirgitti Engineering Cluster Chhattisgarh 8.32 5 Industrial Infra Upgradation of IMT Manesar Haryana 29.27 6 Industrial Infra Upgradation at IMT, Bawal Haryana 29.27 7 Industrial Area, Kandrauri HP 26.97 8 Industrial Area, Pandoga HP 33.46 9 SIDCO, Industrial Growth Centre, Samba J K 7.45 10 Industrial Estate, Kathua J K 12.91 11 Devipur Industrial Area Jharkhand 27.36 12 Tupundana Industrial Area, Ranchi .....

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..... Jharkhand 8.11 13 Existing Cluster at Ernakulam Kerala 45.44 14 Kolhar Industrial Area, Bidar Karnataka 48.36 15 Bangalore Aerospace Park, Devenhalli Karnataka 47.43 16 Industrial Area, Sitapur MP 12.75 17 Angul Aluminium Park Orissa 43.01 18 Punjab Small Industries and Export Corporation Ltd. (PSIEC) Estate Punjab 16.58 Total value of `in-principle` already issued 465.96 The information was given by the Minister of State (Independent Charge) of the Ministry of Commerce Industry Smt. Nirmala Sitharaman in Rajya Sabha today. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMI .....

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..... Tax .....

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