Business Standard
Wednesday, May 30, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||Companies & Industry||||||| 
 Section Home | News Now | Today's Paper | Q&A | People in the News | Industry News | Features | The Compass | Research & Analysis | Opinion | Corporate Results
Home > Companies & Industry Live Markets | Commodities
 

Maha to reserve 30% plots in industrial estates for MSME units
Sanjay Jog / Mumbai Aug 27, 2010, 01:34 IST

The Maharashtra government has decided to reserve 30 per cent plots in the industrial estates in the state for micro, small and medium enterprises (MSMEs).

Besides, the new industrial policy to be released next year would devote special section for MSMEs, Industries Minister Rajendra Darda told Business Standard, on the sidelines of a seminar on MSMEs orgainsed by the Maharashtra Economic Development Council.

Darda said there were over 1.50 lakh MSME units that provide 12 lakh jobs in the state. These units have a collective investment of Rs 39,000 crore. He appealed to the banks and financial institutions to come forward for quick availability of credit for MSMEs.

“The state government is keen to promote MSMEs and decided to keep aside 30 per cent plots in industrial estates promoted by the state-run Maharashtra Industrial Development Corporation. Besides, the government has recently amended the Package Scheme of Incentives, 2007. These amendments are related to interest and development subsidies given to such units,” the minister said.

The minister said the government would encourage developing clusters in the MSME sector. “So far the government has approved 25 such clusters and 12 more are being identified. The clusters development approach envisages the measures for capacity building, skill development, technology upgradation, marketing support, setting up of common facility centre and research and development,” he added.

On the revival of sick units of the MSME sector, Darda said the government would make all efforts in this regard. “One way is through unlocking of the land possessed by the sick units where by they will be able to plough back proceeds for a restart. Nearly 181 cases are currently pending with the state labour department for clearance.”

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end lower ahead of May F&O expiry
- CII seeks two more years to comply with minimum 25% public float norms
- Zuckerberg's fortune dips
- Essar Ports gets Rs 175 cr investment from Port of Antwerp
- Reliance Comm names new CEO for mobile unit
  Read Business news in 
- India's no. 1 Property Site. Click here to know more
- "Discover The Power of One"
- Journey on, We are by Your Side. Click here to know more
- Help a Child Achieve her. Click to know more
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Leader in Passenger Car & Automobile Tyres. Click here
- Learn How One City is Running on FOOD SCRAPS.
- 1 billion in saving for Unilever without any tangles.
- A Brand New Server at a Price That Fits Your Budget. Click here
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- 36 Lakhs can get you a pool of Luxuries. Click here
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
- 2 Lac Apartments, 1 Lac House / Plots. Click here
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- SBI to rework structure in circles
- Foreign investor norms eased to accelerate capital inflows
- JLR helps Tata Motors log over two-fold rise in net
- After SC rebuke, N D Tiwari gives blood sample
- KBC 6 gets record registrations
 
 More  
Tax Shastra
  Now available at Special price
  Rs. 360/- Only

  Buy Now
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us