Budget for IT Park in Bhopal cleared | india | Hindustan Times
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Budget for IT Park in Bhopal cleared

INFORMATION TECHNOLOGY (IT) Park in Bhopal is among the proposals for which budgetary allocation in the Rs 1483 crore supplementary budget was cleared by the State Cabinet today. The meeting, chaired by Chief Minister Shivraj Singh Chouhan, was held at the State Assembly premises.

india Updated: Mar 01, 2006 13:06 IST

INFORMATION TECHNOLOGY (IT) Park in Bhopal is among the proposals for which budgetary allocation in the Rs 1483 crore supplementary budget was cleared by the State Cabinet today. The meeting, chaired by Chief Minister Shivraj Singh Chouhan, was held at the State Assembly premises.

The other supplementary budget proposals include special provisions for land acquisition for the proposed auto-testing track at Pithampur in Dhar district, voluntary retirement to the staff of the Madhya Pradesh Road Transport Corporation (MPRTC) and sanction in anticipation under Sarva Shiksha Abhiyan.

The Cabinet also approved the proposal for filling up 12 posts of professors and associate professors in medical colleges through promotions by general category candidates in case of non-availability of reserved category candidates.

The decision has been taken in the light of the Medical Council of India’s objections about vacancies at the higher posts. As reserved category candidates could not be available for these posts in near future the Cabinet decided to fill such posts by general category candidates.

The Cabinet cleared a draft bill for amendment in Madhya Pradesh Entertainment Fee and Advertisement Tax Act. The proposed bill seeks to increase the cable rate from Rs 10 to Rs 20 in urban areas at par with the rates in other States. The Cabinet also cleared a proposal for reducing stamp duty on transfer of mobile properties of industrial units from eight per cent to one per cent. The mobile properties include plants and machinery as well.

At present the rate is excessive as compared to other states and, therefore, the State Government was not receiving income as the transfer of such properties is being carried out through other means.

Reduction in the stamp duty would help the State Government secure income through proper registration of such properties.

The meeting cleared a proposal for taking guarantee for 80 per cent of about Rs 19-crore loan from NABARD for augmented drinking water scheme for Harda city.