Relocation of major industries from urban areas to industrially backward districts is likely to get fresh incentives since the Government is preparing for relocation in order to free urban space.
As a prelude to working out the incentive package, the Minister of State for Industries, Mr Ashwani Kumar, has directed the Planning Commission to evolve a comprehensive definition of industrially backward districts.
"At present there is no clear comprehensive, scientifically verifiable definition of industrially backward districts. The job will have to be done by the Planning Commission since they have all the NSSO data," Mr Kumar told Business Line. Read more.
Monday, February 26, 2007
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