Industrial Park Scheme 1999 sets eligibility, approval procedures, investment and allocation thresholds for qualifying industrial parks. The Industrial Park Scheme, 1999 implements section 80-IA benefits for Industrial Model Towns, specified industrial parks and Growth Centres for the period 1 April 1997 to 31 March 2002, defining allocable area, common facilities and infrastructure. It prescribes automatic-approval eligibility-minimum area/units, 66% industrial allocation, 10% commercial land, investment thresholds (50% or 60%), single-unit caps, and FDI approvals-and sets application, fee, Form IPS-1 filing, Rs.5,000 payment, automatic approval timelines, non-automatic referral to an Empowered Committee, withdrawal for noncompliance after hearing, transfer notification rules, and biannual reporting in Form IPS-II.
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Provisions expressly mentioned in the judgment/order text.
Industrial Park Scheme 1999 sets eligibility, approval procedures, investment and allocation thresholds for qualifying industrial parks.
The Industrial Park Scheme, 1999 implements section 80-IA benefits for Industrial Model Towns, specified industrial parks and Growth Centres for the period 1 April 1997 to 31 March 2002, defining allocable area, common facilities and infrastructure. It prescribes automatic-approval eligibility-minimum area/units, 66% industrial allocation, 10% commercial land, investment thresholds (50% or 60%), single-unit caps, and FDI approvals-and sets application, fee, Form IPS-1 filing, Rs.5,000 payment, automatic approval timelines, non-automatic referral to an Empowered Committee, withdrawal for noncompliance after hearing, transfer notification rules, and biannual reporting in Form IPS-II.
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