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 4 2015 2015 (4) This

Establishment of Industrial Clusters

29-4-2015
  • Contents

Information on proposed industrial clusters established / to be established in the various States of the country is not centrally maintained. However, Department of Industrial Policy and Promotionintroduced a scheme namely ‘Industrial Infrastructure Upgradation Scheme (IIUS)’ in 2003 for the development of Industrial Clusters under which a number of clusters have been supported over years.

 Further, during the 12th  Plan, ‘Modified Industrial Infrastructure Upgradation Scheme (MIIUS)’ has been notified in July 2013. MIIUS has the objective of enhancing competitiveness of industry by providing quality infrastructure to catalyse and promote industrial growth, employment generation and technology upgradation in Industrial Estates/Parks/Areas and greenfield projects, under which so far 24 projects were accorded ‘in-principle’ approval. Out of these, 11 projects have also been accorded ‘Final Approval’, against which central assistance has been released in case of 5 projects.

 MIIUS inter alia has provision to support, as per demand, creation of Technical Infrastructure like Common Facility Centres, Research and Development-Product Development and Technical Demonstration Facility, Central Effluent Treatment Plant and other environment protection infrastructure, Training Infrastructure and Quality Certification and Benchmarking, which contribute to adoption of modern technology in the assisted industrial units.

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

Quick Updates:Latest Updates