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Himachal government approves industrial proposals worth Rs.10,879 crore

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Shimla: The Himachal Pradesh government has approved 75 new industrial proposals and cleared 122 expansion projects in two-and-half years, an official said on Sunday.

These newly approved proposals and projects would draw an investment worth Rs.10,879.19 crore, said an official statement here.

The new and expansion proposals would provide employment to over 20,402 people, the statement said.

Multinational companies like United Biotech Pvt. Ltd, Reliance, Mahavir Spinning Mills, Torrent Pharmaceuticals and Himalaya Alkalies & Chemicals Limited have set up their units in the state,  it said.

Ranbaxy Laboratories Ltd, Su-Kam Power Systems Ltd, Procter and Gambles Ltd, Johnson and Johnson Ltd, Mankind Pharma Ltd, Havells India Ltd, Abbott Healthcare Ltd, Torque Pharmaceuticals and Dabur India Ltd have expanded their existing units.

To ensure time-bound clearances for industrial proposals, the government has set up a state-level Single Window Clearance and Monitoring Authority.

“The government has introduced a common application for seeking approval of setting up industries and the approval will be granted within 45 days,” said the spokesperson.

“The investors’ meet has yielded good results as 104 projects worth Rs.4,189.07 crore has been approved by the government. These projects have been given time of two years to seek statutory approvals from the government,” he said.

Several incentives like electricity duty for the specified extra high tension category consumers have been reduced to 13 percent from 15 percent.

Even the electricity duty for the existing medium and large Industries, except extra high tension units, has been reduced by two percent from 13 percent.

For any existing small industry,  the electricity duty has been reduced to five percent from seven per cent and any new small industry would now be required to pay only one percent electricity duty for five years.

The government is developing three state-of-the-art industrial hubs in Una, Kangra and Solan districts.

Official data shows that Himachal Pradesh got maximum investment from 2003 to 2010 when there was a special industrial package of the central government. Most investments were in pharmaceutical, food processing, textile, packaging and light engineering sectors.

(IANS)

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Himachal Pradesh Collaborates with World Bank for Developing Waste Management Strategies

A World Bank team led by environment specialist Pyush Dogra and a Korea Green Growth Trust Fund team headed by Lee Dong Hoon are currently touring the state.

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World Bank's prompt decission to pause two seperate projects with India nad Pakistan came after India's objection against it
The Wold Bank Logo Wikimedia

Himachal Pradesh will collaborate with the World Bank and the Korea Green Growth Trust Fund for developing agro climatic zone-based municipal solid waste management strategies, a state government official said on Wednesday.

A World Bank team led by environment specialist Pyush Dogra and a Korea Green Growth Trust Fund team headed by Lee Dong Hoon are currently touring the state.

The areas of collaborations include climatic zone-wise option for integrated solid waste management, support for technology transfer and financial assistance for developing small and micro models for waste management, Additional Chief Secretary R.D. Dhiman told reporters here.

World bank, himachal pradesh
The areas of collaborations include climatic zone-wise option for integrated solid waste management, support for technology transfer and financial assistance for developing small and micro models for waste management. Pixabay

State Environment Department Director D.C. Rana said the teams would undertake technical analysis of solid waste management in three countries – Pakistan, Nepal and India. In India, they will work with the Himachal Pradesh government.

 

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He said the analysis would be completed in nine months and thereafter the implementation of activities would start, including mobilisation of funding for solid waste management.

Rana said the teams would visit industrial hub Baddi on Thursday and later Dharamsala town. (IANS)