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Scheme for setting up Plastic Parks given go ahead

Updated: Mar 04, 2015 06:52:36pm
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New Delhi, March 4 (KNN)     A scheme for setting up of Plastic Parks has been approved by the Government to create infrastructure and common facilities.   

Under the scheme, Government of India provides grant funding up to 50% of the project cost, subject to a ceiling of Rs.40 crore per project. Implementation of the scheme for setting up of Plastic Parks in an area is based on proposals received from the State Governments, in accordance with the approved scheme guidelines.

Giving the details of the scheme in the Lok Sabha  the Minister of State of the Ministry of Chemicals and Fertilizers Hansraj Gangaram Ahir  said that the scheme aimed to increase competitiveness and investments, achieve environmentally sustainable growth and adopt the cluster development approach to consolidate the capacities in plastic sector.

Proposals for setting up of Plastic Parks in Assam (Tinsukia district), Odisha (Siju village, Kujanga tehsil, Jagatsinghpur district) and Madhya Pradesh ((Tamot village, Gohargunj tehsil, Raisen district) have received final approval, whereas the proposal for a Plastic Park in Tamil Nadu (Voyalur village, Ponneri Taluk, Thiruvallur district) has been given ‘in principle’ approval.
The Industrial parks create common facilities such as testing and design centers which individual MSMEs find it difficult to set up.

The Department of Chemicals and Petrochemicals has released first instalment of Rs.8 crore of grant-in—aid for setting-up of Plastic Parks at Madhya Pradesh, Odisha and Assam in the year 2013-14. Detailed Project Report for setting-up of a Plastic Park in Tamil Nadu is awaited from the State Government. Further, the setting up of six additional plastic parks has been approved by the Competent Authority. (KNN/AB)

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