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Maharashtra Okays Sops For 53 Industrial Townships

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BUSINESS STANDARD
Last Updated : Jun 26 2001 | 12:00 AM IST

The Maharashtra government today decided to promote 53 industrial townships in the state by clearing backlogs in incentive payments (Rs 700 crore), reducing the tax burden and issuing no objections certificates (NOCs) to set up captive power plants.

In a late evening meeting attended by chief minister Vilasrao Deshmukh, industries minister Patangrao Kadam and deputy chief minister Chaggan Bhujbal, it was decided to convert the Thane-Belapur industrial zone, covering 2,500 hectares of land, into the first industrial township.

A senior government official said:

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First Published: Jun 26 2001 | 12:00 AM IST

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