Haryana puts in place scheme to promote infra

Image
Press Trust of India Chandigarh
Last Updated : Jan 15 2016 | 10:28 PM IST
The Haryana government has come out with a scheme for grant-in-aid for the Critical Infrastructure Development in pursuance of the Enterprise Promotion Policy, 2015, to create and upgrade infrastructure facilities in new and existing industries.
The scheme looks to enable entrepreneurs to work in a congenial atmosphere with adequate infrastructure, a spokesman of the Industries and Commerce Department said here today.
The scheme will cover projects providing water, drainage and sewage treatment facilities, setting up of effluent treatment plants (ETPs) and other pollution control measures, technology services back-up for micro and small enterprises (MSEs) in the new and existing industries occupied areas in conforming zones.
He said the grant can be availed by industrial associations and industrial clusters with a minimum membership of 50 operating units.
Smaller groups can, however, be considered for financial assistance depending on the merit of each case. However, their number should not be less than 30, he said.
The location selected will be approved by the Department of Environment and the infrastructure created should should have necessary permissions from the competent authority, he said.
The financial assistance and grant-in-aid at a rate of 80 per cent would be allowed on the cost of project of Rs 2 crore, he added.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 15 2016 | 10:28 PM IST

Next Story