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Important Events-2007
 






Articles

Fresh impetus to industrialization in M.P.

Bhopal : Wednesday, August 10, 2005


The process of industrialization in Madhya Pradesh has suffered a slowdown over the years. It is mainly attributable to gross neglect of infrastructure like power, roads and water. As a result the state fell into the shade and the captains of industry in the country turned their back on the state. The present state government has paid special attention to these sectors, which gave a fresh impetus to the industrialization of the state. The new industrial promotion policy introduced in April 2004 has been a good success. The formulation of the policy preceded comprehensive discussions with different organizations of industries. Reputed groups of industries have come out with viable proposals to locate their units in the state.

Udyog Mitra Yojana – The state government introduced an Udyog Mitra Yojana in 2004 for revival of sick industrial units in the state. This has benefited 897 small-scale units so far. The state government has recovered Rs. one crore by way of premium and other dues.

TRIFAC – The state government has set up a Madhya Pradesh Trade and Investment Facilitation Corporation (TRIFAC) under the new industrial promotion policy to facilitate expeditious clearance of investment proposals. It deals with proposals for capital investment exceeding Rs. three crore through single window system. The corporation has held six meetings chaired by the Chief Minister where proposals for investments worth Rs. 3 thousand crore were disposed off.

First SEZ of Country- The first Special Economic Zone (SEZ) of the country has already become operational at Pithapur where units of S.R.F. and fluidic companies have started production and export. These units have thrown open jobs to over one thousand people. Besides, eight new units are under construction. Infrastructure conforming to international norms is being developed in an area of 2500 acre in the zone. The Union Ministry of Energy has allocated 25 MW power to the SEZ and the labour laws have been made more flexible there. The services of reputed firms like M/s Ecard, Chennai have been taken for development of the SEZ. Separate sectors have been developed for different products. These include pharmacy, food, Apparel Park, engineering and biotech. Initially an investment of Rs. 500 crore is estimated in the SEZ.

Integrated Infrastructure Development- Integrated Infrastructure Development Centres have been set up at Nimrani (Khargone), (Jaggakhedi) ( Mandsaur), Nadantola (Satna), Lamtara( Katni) and Naugaon- Bina (Sagar) under the Integrated Infrastructure Development Scheme of the Government of India. A sum of Rs. 22.73 crore is being spent on construction of roads, bridges, drains and water supply at these centres.

Auto Testing Track Project at Pithampur- The central government has sanctioned a National Auto Testing Track Project of world class at Pithampur. The state government is providing 4000-acre land for this Rs. 1000 crore project. Units manufacturing dumpers, vehicles, earthmovers etc would benefit from this project.

Pitham Auto Cluster- The sanction has been accorded for an auto cluster in the Pithampur industrial area, Pithampur by the central government. The Government of India would provide a grant of Rs. 49.94 crore for this Rs. 73.29 crore cluster. The first installment of Rs. 16 crore has already been received. Local industrialists have agreed to contribute Rs. 15 crore for this project.

Food Parks- Food Parks are being set up at Jaggakhedi ( Mandsaur) , Nimrani ( Khargone) , Borgaon (Chhindwara), Maneri (Mandla), Malanpur ( Bhind), Babai (Hoshangabad) at a cost of Rs. 50 crore. Letters of intent for land have already been issued for establishment of 74 food-processing units at these parks.

Stone Park- A stone park is being developed in Hardua area of Katni district. A cluster of stone cutting and polishing units would be set up based on the rich deposits of marble in Sleemnabad area. It would be developed as a prominent commercial centre. Land has been allotted to 6 units at the stone park and three units have already gone into production. Works related to roads, electricity and water are being carried out on priority basis in the project area.

I.T. Crystal Park- In order to provide facilities to big industrialists in Information Technology sector, a software park is being set up near Indore University at Bhanwarkuan over 22 acre. Packages are being prepared for providing concessions to the units coming up at the park. In the first phase about one lakh square feet are is being developed. The facilities of cutting, polishing, marketing of ornaments and gems and other technical facilities at one place in this park at a cost of Rs. 85.57 crore in this park.

Engineering Industries Cluster, Bhopal – An Engineering Cluster is proposed to be established at a cost of Rs. 67 crore at Govindpura Industrial Estate near BHEL, Bhopal. This will benefit about 445 industrial units in the Estate.

Water Supply Scheme to Industries at Dewas- An agreement has been signed with a company of Gujrat under B.O.T. to solve the water supply problem in the industrial area at Dewas. Under this Rs. 80 crore project 23 MLD treated water will be supplied from Nemawar about 128 km from Dewas. The project would be maintained by private sector for 30 years. As many as 59 major and 400 small-scale units in this oldest industrial area of the state would benefit.

Docks Cleared for Bina Refinery- The state government has removed the obstacles in establishment of Rs. 9000 crore Bina Refinery, which would help industrial development of entire Bundelkhand region. A Memorandum of Understanding was signed between Madhya Pradesh Government and the Bharat Petroleum Ltd on May 6, 2005 in Mumbai. The Madhya Pradesh government would provide deferment of Rs. 250 crore commercial taxes to the Refinery on the sale.

Assistance for Development of Export Infrastructure- In order to promote export from the state the central government has launched an Assistance to State for Developing Export Infrastructure and Other Allied Activities. Under it the export related infrastructure requirements have been assessed and the powers to grant approval for the project have been given to the states. A sum of Rs. 45 crore has already been spent under the scheme in the state.

Dinesh Malviya


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