The ministry of micro, small and medium enterprises (MSME) has urged the states to formulate an appropriate policy to allocate plots that are lying in various industrial parks and estates.
During a recently held interactive day-long conference of state ministers and secretaries to the industries and MSME ministries, Kalraj Mishra, the Union minister for MSME revealed that more than 40,000 industrial plots are vacant in the country, of which more than 20,000 plots are vacant in special economic zones.
"We can succeed in setting up millions of new enterprises on these vacant plots by formulating appropriate policy," said the minister. Some states, particularly Madhya Pradesh, have taken a lead in this direction, he noted.
The conference also discussed the state-specific issues and implementation of key schemes and programmes of the MSME ministry.