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Schemes for Promotion and Modernization Of Industrial Units

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..... Schemes for Promotion and Modernization Of Industrial Units - News and Press Release Dated:- 26-11-2014 - News - Industrial Infrastructure Upgradation Scheme (IIUS) was launched in 2003 with the objective of enhancing international competitiveness of domestic industry by providing quality infrastructure through public private partnership (PPP) in selected functional clusters/locations. On the basis of evaluation of the Scheme in December, 2011, a modified version of IIUS viz, Modified Industrial Infrastructure Upgradation Scheme (MIIUS) was notified in July, 2013. Under MIIUS, projects can be undertaken to upgrade infrastructure in existing Industrial Parks/Estates/Area. Greenfield projects in backward areas and North Eastern Region (NE .....

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..... R) can also be sanctioned under the scheme. Projects are to be implemented by the State Implementing Agency (SIA) of the State Government. Central grant upto 50% of the project cost with a ceiling of ₹ 50.00 crore can be considered under MIIUS with minimum State Implementing Agency s contribution of 25% and in case of North Eastern States, the central grant and the minimum contribution of the SIAs can be 80% and 10% respectively. The Department of Industrial Policy Promotion has sanctioned one project in the last three years under IIUS and 21 projects have been accorded In-principle approval in the current year under MIIUS. Further, this Department does not sanction financial assistance to industrial units component-wise i.e. .....

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..... water supply system, drainage and road connectivity etc. under this Scheme. The State-wise details of the projects, financial assistance sanctioned and the expenditure are given at Annexure-I. ANNEXURE-I ANNEXURE REFERRED TO IN REPLY TO PARTS (c) (d) OF RAJYA SABHA UNSTARRED QUESTION NO. 321 FOR ANSWER ON 26.11.2014. List of Projects sanctioned under IIUS (Rs. In crore) S. No. Name and location of the Project State Project Cost Central Grant Central Grant released Expenditure Date of Approval 1 Kolhapur Found .....

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..... ry Cluster Maharashtra 42.63 30.92 18.24 18.24 31.01.2012 List of Projects which were accorded In-principle` approval under MIIUS S. No. Name and location of the Project State Project Cost Central Grant Date of In-Principle Approval 1 Industrial Area Zuangtui, Aizawl Mizoram 29.76 15.22 13.06.2014 2 Bodhjungnagar .....

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..... Industrial Area Tripura 62.00 41.90 13.06.2014 3 Industrial Growth Centre, Urla, Distt. Raipur Chhattisgarh 54.31 12.15 13.06.2014 4 Sirgitti Engineering Cluster Chhattisgarh 33.20 8.32 13.06.2014 5 Industrial Infra Upgradation of IMT Manesar Haryana 100.56 29.27 13.06.2014 6 Industrial Infra Upgradation at IMT, Bawal .....

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..... Haryana 88.02 29.27 13.06.2014 7 Industrial Area, Kandrauri HP 106.98 26.97 13.06.2014 8 Industrial Area, Pandoga HP 112.00 33.46 13.06.2014 9 SIDCO, Industrial Growth Centre, Samba J K 14.60 7.45 13.06.2014 10 Industrial Estate, Kathua J K 27.75 12.91 13.06.2014 .....

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..... 11 Devipur Industrial Area Jharkhand 105.00 27.36 13.06.2014 12 Tupundana Industrial Area, Ranchi Jharkhand 24.50 8.11 13.06.2014 13 Furniture Hub at Ernakulam Kerala 97.29 45.44 13.06.2014 14 Kolhar Industrial Area, Bidar Karnataka 124.82 48.36 13.06.2014 15 Bangalore Aerospace Park, Devenhalli .....

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..... Karnataka 93.00 47.43 13.06.2014 16 Industrial Area, Sitapur, Morena MP 75.00 12.75 13.06.2014 17 Industrial Area, Ujjaini, Dhar MP 43.74 12.08 23.07.2014 18 Angul Aluminium Park,Angul Orissa 172.55 43.01 13.06.2014 19 Punjab Small Industries and Export Corporation Ltd. (PSIEC) Estate, Patiala Punjab .....

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..... 58.71 16.58 24.06.2014 20 Paddy Processing Cluster, Ranga Reddy Telangana 135.93 45.29 10.07.2014 21 Pashamylaran Industrail Area, Medak Telangana 80.00 26.47 25.08.2014 Total 1639.72 549.80 - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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