The MIDC at its board meeting chaired by industries minister Subhash Desai took decision in this regard which aims to boost job creation in MSMEs.
In a bid to promote the growth of micro, small and medium enterprises (MSMEs), the Maharashtra government has tweaked its cluster development policy. The focus of the scheme is on underdeveloped Vidarbha, Marathwada, North Maharashtra excluding Nashik,Ratnagiri and Sindhudurg. As per the revised policy, the Maharashtra Industrial Development Corporation (MIDC) will provide land on a priority to the MSME for expansion.
The MIDC at its board meeting chaired by industries minister Subhash Desai took decision in this regard which aims to boost job creation in MSMEs. There are about 3.8 lakh MSMEs spreading across food processing, auto ancillary, pharma and bio technology, electronic sectors.
A 'cluster' set definition is a group of enterprises located within an identifiable and contiguous area producing similar product and services. In case of central and state government approved clusters, land allotment is done on a priority basis to industrial units who are part of the cluster. However, as per the revised policy, MIDC can also allot the industrial land for the individual unit which is already a part of the larger approved cluster. MIDC has done away with the investment limit criteria for approved cluster.
MIDC CEO P Anbalgan told DNA,'' MSME is a thrust sector with more potential for employment generation. The revised policy hopes to trigger the boom in the MSME sector. In MSME, the employment potential is for 15 to 30 people for every crore of rupee investment. This will help in achieving the state's mission of job creation for 60 lakh people.''
According to the revised policy, MIDC will also allot land to those units which are not part of the cluster but willing to set up the new cluster of industries. For the proposed new cluster of industries there should be 20-25 members with minimum investment of Rs 50 crore. Such new cluster of industries will be encouraged in D and D plus areas including Pune region, Mumbai, Thane, Raigad,Palghar and Nashik.
The minimum investment criteria for Vidarbha, Marathwada and North Maharashtra excluding Nashik, Ratnagiri and Sindhudurg is Rs 20 crore for priority land allotment. The state has identified 145 cluster projects and undertaken for further development through soft and hard intervention including financial incentives.
ALL FOR GROWTH
As per the revised policy, the MIDC will provide land on priority to the MSME for expansion. It can also allot the industrial land for the individual unit which is already a part of the larger approved cluster
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