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Govt sanctions nine jute parks
PM NEWS BUREAU
Saturday, August 28, 2010, 15:55 Hrs  [IST]

The government has given sanctions for setting up nine jute parks in states, including Bihar, West Bengal and Assam. This was announced by the Minister of State for Textiles Panabaaka Lakshmi in the Lok Sabha. The Minister further stated that the subsidy available under this scheme for establishment of Jute Park is 40% of the eligible cost for setting up common infrastructure in the Jute Park (excluding the cost of land), subject to a maximum of Rs.7.5 crores. For setting up Jute Parks in Northeastern States the subsidy is 90%. Under the scheme, common infrastructure such as compound wall, electric power supply, roads, effluent treatment plant, water supply, sanitation, sewerage and drainage system etc. can be constructed.

The Jute Technology Mission (JTM) has been launched by the Government of India with a total outlay of Rs 355 crore in 2007-08 for a period of five years, aimed at making jute products competitive in domestic as well as international market through increased efficiency, modernisation, higher productivity, quality assurance, diversification, exports, etc.
 
                 
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