In 3 years, Center gives Rs 147.42 Cr subsidy for industry in Himachal

Shimla: Under the 2003-2010 incentives under the industrial package provided for new units, the central government for three years, 2008-09, 2009-10 and 2010-11 had released Rs 147.42 crore as subsidy money, Kishan Kapoor industry minister revealed today.

The minister was responding to a question by Anil Kumar, Harshwardhan Chauhan, Nand Lal, Prem Singh (all congress legislators) and Harinaryan Singh Saini (BJP) during question hour.

He said the state had received 863 applications for grant of subsidy in three years. The state had received 147.42 crore as subsidy from the central government and Rs 133.13 Cr has already been released to the beneficiary units, said the minister.

He said that in all there were 26,774 functional industrial units in the state. Marketing problems, disputes among promoters, management problems, changes in technology, economic slowdown and inadequate availability of raw material was responsible for non functioning of 978 industrial units in the state, Kishan Kapoor industry minister let the Vidhan Sabha know on Monday.

Managements of non functional units have been asked to initiate steps for their revival after collaborating with financial institutions and bank in accordance with guidelines laid down by Reserve Bank of India, he said.

In the last three year not industrial plot had been converted into an exclusively residential one though 27 plots and 6 sheds spread over 6 districts of Bilaspur, Kullu, Shimla, Hamirpur, Una and Sirmaur were partially being used for other than industrial activities, which including renting out for non-industrial activity and partly for residences., said Kapoor.

Land spotted for SAIL plant in Himachal

The Himachal Pradesh government has identified land for setting up a processing plant of the state-run Steel Authority of India Ltd (SAIL), a minister said here Monday.

“We have identified land at two places in Mandi district and informed SAIL April 1 in this regard,” Industries Minister Kishan Kapoor said in the assembly.

He said earlier SAIL had rejected the land identified by the government in Mandi district at some other places.

“We are awaiting the arrival of SAIL team for the site inspection. We have also provided information to SAIL authorities regarding road and rail connectivity and electricity and water availability at the proposed sites,” he added.

SAIL has already started commissioning of a secondary manufacturing unit of TMT bars at Kandrori in Kangra district in the state.

In February 2009, then steel minister Ram Vilas Paswan had laid the foundation stone of the processing plant.

As Editor, Ravinder Makhaik leads a team of media professionals at Hill Post. Spanning a career of over two decades in mass communication, as a Documentary Filmmaker, TV journalist, Print Media journalist and with Online & Social Media, he brings with him a vast experience. He lives in Shimla.

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