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    Highlights of RBI's August monetary policy
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    August 5, 2026
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    Tax policy certainty reforms propose easier fund management, data-centre access, electronics incentives and revised electronic-payment charging rules.
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    Responsible precious-metals recycling supports recycled-gold products, organised buyback channels and a more self-reliant domestic supply chain.
    Responsible precious-metals recycling is promoted through a commemorative recycled-gold coin intended to support domestic recycling, responsible sourcing and a self-reliant supply chain. The product is described as having certified purity authentication, tamper-proof packaging, a unique identification number and an assayer-certified minted card. The initiative seeks to reduce dependence on imported gold and expand organised, transparent recycling infrastructure. An organised silver buyback programme is also described as supporting secure consumer sales and a circular economy for precious metals.

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      Customs, DGFT & SEZ

      Performance of Special Purpose Vehicles for Implementation of 39 Projects

      July 9, 2014

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      The overall performance and achievement of the Special Purpose Vehicles (SPVs) for implementation of 39 projects sanctioned during the Tenth and Eleventh Five Year Plan Periods are quite satisfactory.  Out of 39 projects sanctioned in the 10th and 11th Five Year Plan periods under Industrial Infrastructure Upgradation Scheme (IIUS), 21 projects have been completed and the remaining are at various stages of implementation.  Sanction has been withdrawn in respect of two projects as these projects could not start implementation activities in more than two years despite efforts made by this department.

      Most of the projects have been delayed on account of land related issues and environment clearance. Some projects have also been delayed on account of shortfall in contributions from Industrial stakeholders and State Governments.

      The latest independent evaluation of the Scheme was carried out in December 2011 by National Productivity Council (NPC). The findings of the Evaluation Study of NPC indicate that the Scheme has provided a robust platform for development of common facilities like R&D labs, Skill Upgradation Centre, Common Tool Rooms, Prototyping Centres, Effluent Treatment Plants and basic infrastructure (road, water, supply, power, etc.) which are essential for the clusters. Majority of these clusters belong to Small and Medium Enterprises who have taken up green initiatives and components to curb pollution.

      The project-wise complete list of projects sanctioned and fund generated of 37 projects is at Appendix-I.

      The IIUS has been revised as ‘Modified Industrial Infrastructure Upgradation Scheme (MIIUS)’ for taking up new projects in the 12th Five Year Plan Period and under this scheme only State Implementing Agency (SIA) such as State Industrial Development Corporation, is authorised to implement the project.  Due to modification in the scheme, projects in the 12th Plan Period cannot be undertaken by SPV or Special Purpose Entity (SPE), however new projects have been undertaken through SIA. 

      The details of projects sanctioned along with fund earmarked for different State Implementing Agencies are at Appendix-II.  

      Appendix-I

      STATEMENT REFERRED TO IN REPLY TO RAJYA SABHA UNSTARRED

      QUESTION NO. 269 FOR ANSWER ON 9.7.2014.

      Project Sanctioned  in the 10th Five Year Plan Period

       

      S N

      Name of the Industrial Cluster

      State

      Date of Approval

      Total Project Cost (Rs. Cr.)

      Approved  GOI grant (Rs. Cr.)

      Released GOI grant (Rs. Cr.)

      Funds generated from all stakeholders  (Financial Progess in Rs. Cr.)

      Physical Progress

       

      1

      Pharma Cluster, Hyderabad

      AP

      04.11.2004

      66.16

      49.62

      48.13

      62.08

      Complete

       

      2

      Chemical  Cluster, Ahmedabad

      Gujarat

      14.03.2005

      71.35

      41.39

      40.14

      69.41

      Complete

       

      3

      Chemical Cluster, Ankleshwar

      Gujarat

      02.07.2004

      152.83

      50.00

      49.47

      161.40

      Complete

       

      4

      Chemical Cluster, Vapi

      Gujarat

      25.03.2004

      54.31

      40.49

      39.27

      71.25

      Complete

       

      5

      Foundry Cluster, Belgam

      Karnataka

      28.10.2004

      24.78

      18.58

      18.02

      24.38

      Complete

       

      6

      Machine Tools Cluster, Bangalore

      Karnataka

      28.10.2004

      135.50

      49.12

      47.64

      149.09

      Complete

       

      7

      Textile Cluster, Ichalkaranji

      Maharastra

      14.03.2005

      65.07

      32.70

      31.72

      67.00

      Complete

       

      8

      Auto Components Cluster, Pune

      Maharastra

      06.09.2004

      59.99

      44.99

      44.54

      63.05

      Complete

       

      9

      Auto Components Cluster, Pithampur

      MP

      28.10.2004

      62.97

      47.23

      45.81

      67.64

      Complete

       

      10

      Textiles Cluster, Ludhiana, Punjab

      Punjab

      06.09.2004

      17.19

      12.69

      12.30

      17.24

      Complete

       

      11

      Marble Cluster, Kishangarh

      Rajasthan

      28.10.2004

      27.84

      26.04

      26.77

      50.17

      Complete

       

      12

      Auto Components Cluster, Chennai

      TN

      02.07.2004

      47.49

      27.74

      26.90

      54.67

      Complete

       

      13

      Cereals Pulses & Staples Cluster, Madurai

      TN

      06.09.2004

      39.96

      29.97

      29.07

      40.03

      Complete

       

      14

      Foundry/Pump/Motor Cluster, Coimbatore

      TN

      14.03.2005

      55.30

      39.39

      38.99

      55.57

      Complete

       

      15

      Leather Cluster, Ambur

      TN

      14.03.2005

      67.33

      43.93

      43.49

      96.34

      Complete

       

      16

      Textiles Cluster, Tirupur

      TN

      09.03.2004

      143.00

      50.00

      49.50

      157.60

      Complete

       

      17

      Multi Industry Cluster, Haldia

      WB

      04.03.2005

      58.85

      35.97

      34.89

      52.76

      Complete

       

      18

      Iron & Steel Cluster, Raipur

      Chhatishgarh

      04.03.2005

      55.06

      31.76

      30.79

      58.33

      Complete

       

      19

      Metallurgical Cluster, Jajpur

      Odisha

      02.07.2004

      80.60

      47.00

      45.59

      88.16

      Complete

       

      20

      Coir  Cluster, Alappuzha

      Kerala

      04.11.2004

      56.80

      42.60

      41.31

      54.75

      96.00%

       

       

      21

      Auto Components Cluster, Vijaywada

      AP

      02.07.2004

      30.67

      23.01

      22.31

      30.66

      98.00%

       

       

      22

      Leather Cluster, Kanpur

      UP

      04.03.2005

      14.34

      9.32

      8.83

      13.56

      Complete

       

      23

      Gem & Jewellery Cluster, Surat

      Gujarat

      04.11.2004

      61.00

      45.61

      44.15

      45.64

      75.75%

       

      24

      Rubber Cluster, Howrah

      WB

      29.03.2005

      29.74

      15.71

      14.8350

      27.99

      94.00%

       

      25

      Foundry Cluster, Howrah,

      WB

      04.03.2005

      95.03

      38.68

      32.57

      54.02

      57.00%

       

      26

      Engineering Cluster, Nashik

      Maharastra

      11.03.2008

      67.26

      42.87

      41.59

      56.48

      Complete

       

      27

       Pandhurna Industrial Cluster, Chhindwara

      MP

      02.02.2009

      66.78

      43.07

      41.77

      61.41

      92.00%

       

      28

      Handloom Cluster, Chanderi

      MP

      11.03.2008

      27.80

      20.30

      13.09

      9.57

      34.00%

       

      29

      Auto Cluster, Adityapur

      Jharkhand

      13.08.2008

      65.63

      47.79

      28.42

      21.40

      33.00%

       

      30

      Readymade Garments Cluster, Jabalpur

      MP

      11.03.2008

      55.58

      30.67

      16.95

      19.76

      36.00%

       

      31

      Plastic, Polymer and Allied Cluster, Balasore

      Odisha

      26.03.2010

      81.90

      58.20

      33.14

      36.89

      45.00%

       

      32

      Tiruchirapalli Engineering and Technology Cluster, Tirruchirapalli

      TN

      01.10.2010

      102.81

      58.28

      34.00

      52.08

      51.00%

       

      33

      Marathwara Automobile Cluster, Aurangabad

      Maharastra

      31.05.2010

      81.35

      58.20

      50.81

      47.78

      59.00%

       

      34

      Baddi Infrastructure, Baddi

      HP

      19.11.2010

      80.50

      58.28

      49.51

      62.40

      78.00%

       

      35

       Bamboo Technology Park, Guwahati

      Assam

      01.10.2010

      62.28

      52.63

      45.91

      32.76

      53.00%

       

      36

      Narol Textiles Infrastructure and Environment Management, Narol

      Gujarat

      19.11.2010

      145.30

      58.28

      17.48

      39.30

      27.00%

       

      37

      Kolhapur Foundry Cluster

      Maharastra

      31.01.2012

      42.63

      30.92

      9.27

      14.71

      35.00%

       

      38

      Handloom Cluster, Bhagalpur

      Bihar

      01.10.2010

      20.82

      15.69

      1.56

      Sanction was withdrawn   vide order dated 28.06.2013; the SPV has refunded the central grant.

       

      39

      Hand Tools Technology Centre, Jalandhar

      Punjab

      01.10.2010

      79.49

      58.28

      17.48

      Sanction was withdrawn   vide order dated 24.07.2013; the SPV has refunded  ₹ 15.22 crore of central gant and ₹ 4.40 crore of interest earned.

       

      Appendix-II

      STATEMENT REFERRED TO IN REPLY TO RAJYA SABHA UNSTARRED QUESTION NO. 269 FOR ANSWER ON 9.7.2014.

      S. No.

      Name of Project Proposal

      State

      Central grant (Rs. Cr.)

      1

      Industrial Area  Zuangtui, Aizawl

      Mizoram

      15.22

      2

      Bodhjungnagar Industrial Area

      Tripura

      41.90

      3

      Industrial Growth Centre, Urla, Distt. Raipur

      Chhattisgarh

      12.15

      4

      Sirgitti Engineering Cluster

      Chhattisgarh

      8.32

      5

      Industrial Infra Upgradation of IMT Manesar

      Haryana

      29.27

      6

      Industrial Infra Upgradation at IMT, Bawal

      Haryana

      29.27

      7

      Industrial Area, Kandrauri

      HP

      26.97

      8

      Industrial Area, Pandoga

      HP

      33.46

      9

      SIDCO, Industrial Growth Centre, Samba

      J &K

      7.45

      10

      Industrial Estate, Kathua

      J &K

      12.91

      11

      Devipur Industrial Area

      Jharkhand

      27.36

      12

      Tupundana Industrial Area, Ranchi

      Jharkhand

      8.11

      13

      Existing Cluster at Ernakulam

      Kerala

      45.44

      14

      Kolhar Industrial Area, Bidar

      Karnataka

      48.36

      15

      Bangalore Aerospace Park, Devenhalli

      Karnataka

      47.43

      16

      Industrial Area, Sitapur

      MP

      12.75

      17

      Angul Aluminium Park

      Orissa

      43.01

      18

      Punjab Small Industries and Export Corporation Ltd. (PSIEC) Estate

      Punjab

      16.58

       

      Total value of  `in-principle` already issued

       

      465.96

      The information was given by the Minister of State (Independent Charge) of the Ministry of Commerce & Industry Smt. Nirmala Sitharaman in Rajya Sabha today.

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