Scheme Approved for Setting UP of Plastic Parks

The Government has approved a Scheme for setting up of need based Plastic Parks, with requisite state-of-the-art infrastructure and enabling common facilities, to assist the sector move up the value chain and contribute to the economy more effectively. 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. 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.