Begin typing your search above and press return to search.
exit_to_app
exit_to_app
Homechevron_rightKeralachevron_rightAnand Sharma asks...

Anand Sharma asks states to speed up process of NMIZs

text_fields
bookmark_border
Anand Sharma asks states to speed up process of NMIZs
cancel

Kovalam: Commerce and Industry Minister Anand Sharma Friday asked the four southern sates to speed up the process of setting up national manufacturing and investment zones (NMIZs).

The issue was discussed at the meeting between Sharma and the industry ministers of Tamil Nadu, Kerala, Andhra Pradesh and Karnataka at Kovalam, Kerala.

"In-principle approval has been given to three NMIZs. I urge the state governments to speed up the process of establishing these investment hubs," said an official statement, quoting Sharma.

The government has been taking several steps to increase the share of the manufacturing sector in the DGP to at least 25 per cent by 2020 from the present 16 per cent.

In this regard, a new National Manufacturing Policy (NMP) was announced recently, which provides for setting up of these zones. NMIZs will be mega industrial zones with world class supporting infrastructure.

The government is offering incentives and a liberalised labour and environment norms to promote these zones.

Three such zones have been given in-principle approval in Karnataka and Andhra Pradesh.

Senior officers from the Department of Commerce and Industry made presentations on NMP, recent changes in FDI regime, new guidelines for Special Economic Zone, handloom and plantation sector and eBiz Project, the statement said.

It also said, the state governments sought clarifications and expressed appreciation for changes in SEZ policy.

Further, it said that representatives from Tamil Nadu raised the issue faced by Tirupur textile industry in the wake of the Supreme Court judgement.

"Sharma assured the Tamil Nadu government full support from the Centre to meet the requirements of the textile workers," the statement added.

Sharma also informed them about the Scheme for Integrated Textile Parks and asked them to take full advantage of the Scheme.

"All the state governments raised issues related to plantation and sought support for the sector. Sharma assured them complete assistance for the same." it added.

PTI

Show Full Article
TAGS:
Next Story