December 2016 Current Affairs

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Centre approves proposal for Greenfield Electronic Park in Odisha

Centre approves proposal for Greenfield Electronic Park in Odisha
21 June 2016 Current Affairs: The department of electronics and information technology (DeitY), government of India today gave its final approval for setting up of a greenfield electronic park within the Infovally complex, a dedicated IT hub, on the outskirt of Bhubaneswar.

The park, to be set up under Electronic Manufacturing Cluster (EMC) scheme of the Centre, will come up on 203 acres of land at a cost of Rs 205 crore. Out of this, the government of India will give a grant of Rs 95 crore with the rest being contributed by the state government.

The money will be spent on creating common infrastructure for about 100 units to be housed within the park. Apart from developed land, road, power, water and recreation facilities, the park intends to provide common facilities for training, incubation and R & D activities to the interested entrepreneurs.

As per India Electronics and Semiconductor Association (IESA), the premier trade body representing the Indian Electronic System Design and Manufacturing (ESDM) industry, the park is expected to attract industries with combined investment value of Rs 1000 crore and employment potential of 10,000 to 12,000 persons.

The product range of units to be located in the park could range from manufacturing of solar panels and printed circuit boards to mobile handsets and accessories.

electronic system design and manufacturing is a thrust area of the state ITC policy, 2014. Apart from the benefits prescribed under ITC policy, the units to be located in the park will be eligible for sops provided under state's Industrial Policy Resolution (IPR), 2015 such as VAT, electricity duty and EPF reimbursement etc.The DeitY had given its in-principle approval to the park in 2014.


December 2016 Current affairs

November 2016 Current affairs
30 NOV
NEWS
29 NOV
NEWS
28 NOV
NEWS
26 NOV
NEWS
25 NOV
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24 NOV
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October 2016 Current affairs
31 OCT
NEWS
27 OCT
NEWS
26 OCT
NEWS
25 OCT
NEWS
24 OCT
NEWS
22 OCT
NEWS

September 2016 Current affairs
30 SEP
NEWS
29 SEP
NEWS
28 SEP
NEWS
27 SEP
NEWS
26 SEP
NEWS
24 SEP
NEWS

August 2016 Current affairs
31 AUG
NEWS
30 AUG
NEWS
29 AUG
NEWS
27 AUG
NEWS
26 AUG
NEWS
25 AUG
NEWS



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