With land acquisitions increasingly getting trickier by the day across the country, the Gujarat government is planning to incentivise setting up of private industrial parks in the state. A government resolution (GR) is expected within a week that would announce a scheme to share the infrastructure cost of small industrial parks.
As H D Shrimali, additional industries commissioner, industries commissionerate, government of Gujarat said in Gandhinagar today, "We are planning to promote setting up of private industrial parks typically of the size of 20 hecatares or below. The government shall bear 50 per cent of the infrastructure cost within the parks." He added that a GR is expected within a week's time in this regard.
According to sources, the government assistance, however, would have a cap, of around Rs 20-25 crore. Shrimali refused to divulge any details on the same.
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Also, as a part of its new industrial policy for 2015, the state government has decided to give Rs 10,000 per month for a year to young innovators and entrepreneurs as assistance to motivate them to focus on research as well as start their own business. "Around 2,500 entrepreneurs will get assistance during the policy period. There would be a state level committee that would approve the ideas," Shrimali added.