Updated on Feb 23, 2019 12:32:23



State Government Urges To Enhance The Capital Investment Subsidy

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5 Dariya News

Shimla , 12 Sep 2013

The State Government today requested the Union Commerce Ministry to enhance the limit of Capital Investment Subsidy from present Rs. 30 lakh  to Rs. 50 lakh.The demand was made by  Industries Minister, Shri Mukesh Agnihotri  who called on Shri Anand Sharma, Union Minister for Commerce and Industry at Udyog Bhawan, New Delhi.Mukesh Agnihotri thanked the Union Minister for restoring the  Capital Subsidy and Transport Subsidy to the industrial units of the State.

Mukesh Agnihotri said that the Union Government  had agreed in principal to sanction funding amounting to Rs. one hundred crore for six ASIDE projects of the State and added that the State Government had already submitted detailed project reports of all these projects. He thanked the Union Minister for sanctioning a sum of Rs. 15.15 crore for improvement and strengthening of road network from Ajouli to Santokhgarh and  Tahliwal industrial area upto Laluwal and requested him to sanction a sum of Rs. 165 crore for for various infrastructural development projects of the State. He told that the State Government would provide  suitable land for setting up Rs. 50 crore cost  regional centre of Indian Institute of Foreign Trade  in Shimla and added that it would largely benefit micro small and  medium enterprises units in the State. He said that the State Government would also provide suitable land for setting up Spice Park at Nadaun  and added that Agriculture University  Palampur  has agreed to transfer ten acre of land for the purpose. 

He said that issue of lease money between Spice Board and Agriculture University would be settled at the earliest in the larger public interest of the State.Industries Minister requested the Union Minister to  provide adequate funds for development of new industrial areas in Una, Shimla and Solan districts for facilitating the setting up new industries. He thanked the Union Minister for announcement regarding opening of  regional centre of Tea Board at Palampur and regarding pilot project for coffee plantation in the State. He said that the State Government  had already sent the proposal regarding the opening of vegetable packaging and processing centers at Solan and Nagrota Bagwan and told that suitable land for these centers  would be  selected soon. He thanked the Union Minister for grant of assistance for setting up Rs. 15.30 crore cost new juice concentration plant at Gumma  and upgradation of existing plant at Parwanoo at the cost of Rs 12.40 crore. Shri Anand Sharma appreciated the  issues raised by the State Government and told that the Union Government would  take positive view of the issues in time bound manner.


Tags: mukesh agnihotri



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