Maharashtra govt to subsidise land in MIDC areas by 50% for SMEs

  • PTI, Mumbai
  • Updated: Feb 14, 2016 17:55 IST
Maharashtra government will provide land in MIDC areas to SMEs at 50% subsidy. (PTI File Photo)

The Maharashtra government will provide land at half of the market price in various industrial clusters to help small and medium-sized enterprises (SMEs) set up plants in the state, a senior official said.

“The SMEs are free to apply for two-acre land anywhere falling under MIDC areas across the state for setting up a plant. Maharashtra government is providing 50 per cent subsidy on those plots of land,” state industry secretary Apurva Chandra told reporters on the sidelines of the Make in India Week.

Moreover, the state government is trying to sort out problems like making the subsidy available to the SMEs and also making the plots of land available for them beyond Maharashtra Industrial Development Corporation (MIDC) areas, by holding talks with the authorities concerned.

The secretary agreed to the fact that it was getting difficult to provide land to SMEs outside clusters, he said that he will talk to the district authorities concerned to tackle the problem.

“I do agree that providing any plot of land outside MIDC areas is a bit difficult. Still we are trying to sort out the difficulty in such cases by holding direct talks with the district authorities concerned,” he said.

However, SMEs are unable to get subsidies from the state government while purchasing land in the industrial clusters even after getting the subsidy allotted to them.

The industry secretary said that the problem would be sorted out in a month’s time.

“We have received some complaints as per which even though subsidy is sanctioned to the entrepreneurs, it is not allotted to them in time. We are working on a plan to sort it out and hopefully we will be able to find a solution to this problem in a month’s time,” Chandra said.

Talking about the response of various industrial clusters among SMEs, he said a lot of SMEs have evinced their interest in setting up plants in the already existing industrial clusters at places like Solapur, Jalna and Nagpur.

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