C'garh had no IEMs implemented till Dec last year: Report

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C'garh had no IEMs implemented till Dec last year: Report

Friday, 31 July 2015 | Staff Reporter | Raipur

Chhattisgarh did not have a single Industrial Entrepreneur Memoranda (IEM) implemented with no investment made during the financial year 2014-15 as on December 2014 in the non-MSME category, according to the latest report of the Union Ministry of Commerce & Industry, Department of Industrial Policy & Promotion.

As per the report, during the aforesaid period, a total of 37 IEMs were filed with the proposed investment of Rs 16,25,84 crores  as on December 2014 in the State.The data made available is based on 'Part-B of IEM form filled by entrepreneurs', it stated.

In the similar period, neighbouring Madhya Pradesh had a total of 13 IEMs implemented in the non-MSME category involving an investment of Rs 2,625 crore as on December 2014, the report mentioned.

It may be recalled that in October 2014, the Chhattisgarh government in an official statement had announced that Chhattisgarh has received maximum proposals in the country for setting up industrial projects while referring to the Industrial Entrepreneurs Memorandum (IEM) list released by the Department of Industrial Policy and Promotion (DIPP), Government of India.

The State has received investment proposals to the tune of Rs 1,61, 836 crores which is way ahead of its follower Maharashtra, officials said.

The officials had stated that according to the IEM list released in September 2014, as many as 24 big investors have filed IEMs for setting industries in Chhattisgarh with an investment proposal of Rs 1,61,836 crores. For an investment of more than Rs 5 crore the IEM is filed with the DIPP.

Of the total proposals filed with DIPP about 45 per cent investment proposals are for Chhattisgarh. The proposals include Salasar Steel and Power, Vaibhav Energy, GVS Industries, DB Power, Adani Mining Private limited, Real Ispat and Power limited, Hind Multiservices Private limited, Nova Iron and Steel limited, BEC Fertilizers, Vedanta Washery and logistic Solutions Private limited, Ecorex Buildtech Private limited, Adani Synergy limited, Adani Enterprises limited, Keshav Energy, BEC Foods, Ananta Power Projects Private limited, Goyal Energy and Steel Private limited, Shyam Indus Power Solutions Private limited, the press release had stated.

The proposals are mainly for setting up iron and steel, power, solar power, mining, food products, food processing etc industries in the State, it stated.

The Centre in October month this year also approved Chhattisgarh government’s proposal of establishing an ‘Electronic Manufacturing Cluster’ in Naya Raipur.

The Electronic Manufacturing Cluster will be established by Chhattisgarh State Industrial Development Corporation ltd  (CSIDCl) during the next three years. The CSIDCl had sent a proposal to the Central government regarding development of ‘Electronic Manufacturing Cluster’ over 70 acres of land in Naya Raipur.

The estimated cost of the ‘Electronic Manufacturing Cluster’ is Rs 105 crore where the Central Government will contribute Rs 50 crore for the project while remaining expenses will be borne by State government itself.

Development of the 'Electronic Manufacturing Cluster' will open gates for investment of Rs 500 crore in 50 industries and will create employment opportunities for about 1000 people. It is a major achievement in the direction of establishing pollution-free industries of Non-core sector in Naya Raipur, officials stated.

 The Union Ministry of Communication and Information Technology provided green signal to the proposal in the meeting organized on October 13, 2014.

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