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Consultative Committee meets to discuss PCPIRs, plastic parks

The Government aims to achieve an investment of Rs 7,62,000 crores and generate employment for 34 lakh people in PCPIRs in time bound manner

ImageBS B2B Bureau B2B Connect | New Delhi
Consultative Committee meets to discuss PCPIRs, plastic parks

A meeting of the Consultative Committee of Members of Parliament attached to the Ministry of Chemicals and Fertilizers was held on April 7, 2015 to discuss the progress on Petroleum, Chemicals and Petrochemical Investment Regions (PCPIRs) and plastic parks. “Today’s challenge in the sector is value addition and for that value addition, milking the crude for further proliferation of the downstream industries is needed,” said Ananth Kumar, minister of chemicals& fertilizers, in the meeting.
 
The Modi Government is targeting to achieve an investment of Rs 7,62,000 crores and generate employment for 34 lakh people in PCPIRs in time bound manner. Already there has been an investment Rs 1,06,000 crores which has generated employment for 2.23 lakh people in various PCPIRs.
 
The minister informed the committee members about government’s initiatives to increase the number of plastic parks from 4 to 10 to catch up with the increasing demand. He also mentioned that the number of Central Institutes for Plastic Engineering and Technology (CIPET) will be increased from 23 to 100, to create additional capacity for skill development in the area.
 
Ananth Kumar said that the Government is emphasising on reducing the consumption of non-biodegradable plastics, and re-using and re-cycling of other graded polymers. He said that the Government has instituted awards for green technology in plastic processing, to promote environment-friendly efforts in the industry. 

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First Published: Apr 08 2015 | 5:00 PM IST

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