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of <h1>Industrial Park Scheme 2008 Amended: Updates to Form IPS-1, Criteria for Industrial Activities, and Compliance Requirements</h1> The Central Government has amended the Industrial Park Scheme, 2008, specifically updating Form IPS-1. Changes include revised criteria for industrial activities and compliance requirements. The amendments stipulate that industrial parks must commence between April 1, 2006, and March 31, 2009, allocate at least 75% of the area to industrial units, and no more than 10% to commercial activities. A minimum of 30 industrial units is required, with specific area and ownership conditions. These modifications aim to ensure compliance with the scheme's objectives and will be effective upon publication in the Official Gazette.
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