TaxTMI 
TaxTMI 
Setting up of NIMZs
X X X X Extracts X X X X
X X X X Extracts X X X X
....etting up of NIMZs <br>News and Press Release<br>Dated:- 6-8-2014<br><BR>The Government has granted "in-principle" approval to a total of 16 National Investment and Manufacturing Zones (NIMZs). Of these, 8 NIMZs are located outside the Delhi-Mumbai Industrial Corridor (DMIC) region. These are: (i) Nagpur in Maharashtra; (ii) Tumkur in Karnataka; (iii) Chittoor in Andhra Pradesh; (iv) Prakasam ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....in Andhra Pradesh; (v) Medak in Telangana; (vi) Kolar in Karnataka; (vii) Bidar in Karnataka; and (viii) Gulbarga in Karnataka. Under phase-I of the DMIC project, 8 Investment Regions have also been accorded 'in-principle' approval of Government for setting up as NIMZs as per guidelines approved by the Cabinet. These are: i. Ahmedabad-Dholera Investment Region, Gujarat; ii. Shendra-Bidkin I....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ndustrial Park city near Aurangabad, Maharashtra; iii. Manesar-Bawal Investment Region, Haryana ; iv. Khushkhera-Bhiwadi-Neemrana Investment Region, Rajasthan; v. Pithampur-Dhar-Mhow Investment Region, Madhya Pradesh; vi. Dadri-Noida-Ghaziabad Investment Region, Uttar Pradesh; vii. Dighi Port Industrial Area, Maharashtra ; and viii. Jodhpur-Pali-Marwar Region in Rajasthan. The Government of....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... India has approved a corpus of ₹ 17,500 crore as a Revolving Fund for development of trunk infrastructure in the DMIC region. The Government of Japan has announced their financial support for DMIC project to an extent of US$ 4.5 billion in the first phase for projects with Japanese participation through a mix of Japan International Cooperation Agency (JICA) and Japan Bank for International....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... Cooperation (JBIC) lending. The National Manufacturing Policy contains dispensations to facilitate manufacturing industry both in the National Investment and Manufacturing Zones (NIMZs) and for manufacturing industry in the country as a whole including wherever manufacturing units are able to organize themselves in clusters as stipulated in the policy. These dispensations include inter-alia rati....
X X X X Extracts X X X X
X X X X Extracts X X X X
....onalization and simplification of business regulations; incentives for technology acquisition and production/adoption of pollution controlling equipment/machines/devices; incentives for skill development initiatives by the private sector; facilitating access to finance for small and medium enterprises; and creation of physical and institutional infrastructure including master planning of NIMZ. A....
X X X X Extracts X X X X
X X X X Extracts X X X X
....part from sixteen NIMZs which have been accorded "in-principle" approval, the Government has received four more proposals for setting up of NIMZ outside the Delhi-Mumbai Industrial Corridor region from Governments of Uttar Pradesh (Two), Gujarat (One) and Orissa (One). The concerned State Governments have been requested for further clarifications/ details about these proposals. The information wa....
X X X X Extracts X X X X
X X X X Extracts X X X X
....s given by the Minister of State (Independent Charge) in the Ministry of Commerce & Industry Smt. Nirmala Sitharaman in a written reply in Rajya Sabha today.<BR> News - Press release - PIB....