Haryana govt issues waste management assistance scheme for industries
WATER & WASTE

Haryana govt issues waste management assistance scheme for industries

The Haryana government has announced the 'Assistance for Waste Management Scheme' for the Industrial Sector under which incentives will be rendered to the industries in the state to promote them to conduct waste management activities involving transportation, collection, treatment, and waste disposal which is not just environmentally, socially, and financially sustainable but is also economically viable.

An official spokesperson of the Industries and Commerce Department told the media that the Scheme shall begin with effect from January 1, 2021, and will remain in operation for five years.

The assistance will be allowed on the acquisition of land, machinery and equipment on or after January 1, 2021, and before December 31, 2025. He said that under the Assistance for Waste Management Scheme, financial assistance of 50% of project value (land and building subject to a maximum of 25% of Project cost) involving machinery and equipment of Rs 50 crore will be rendered to promote installing electronic waste management and e-waste recovery projects for industries working in Electronics System Design and Manufacturing (ESDM) sector.

The spokesperson said that the New Ultra-Mega Projects, Mega Projects, Large Industries, Micro, Small and Medium enterprises working in the Electronics System Design and Manufacturing (ESDM) sector anywhere in the State shall only be rendered financial support by way of reimbursement of cost incurred.

Image Source


Also read: Pune civic body plans to install 40 garbage collection ATMs

The Haryana government has announced the 'Assistance for Waste Management Scheme' for the Industrial Sector under which incentives will be rendered to the industries in the state to promote them to conduct waste management activities involving transportation, collection, treatment, and waste disposal which is not just environmentally, socially, and financially sustainable but is also economically viable. An official spokesperson of the Industries and Commerce Department told the media that the Scheme shall begin with effect from January 1, 2021, and will remain in operation for five years. The assistance will be allowed on the acquisition of land, machinery and equipment on or after January 1, 2021, and before December 31, 2025. He said that under the Assistance for Waste Management Scheme, financial assistance of 50% of project value (land and building subject to a maximum of 25% of Project cost) involving machinery and equipment of Rs 50 crore will be rendered to promote installing electronic waste management and e-waste recovery projects for industries working in Electronics System Design and Manufacturing (ESDM) sector. The spokesperson said that the New Ultra-Mega Projects, Mega Projects, Large Industries, Micro, Small and Medium enterprises working in the Electronics System Design and Manufacturing (ESDM) sector anywhere in the State shall only be rendered financial support by way of reimbursement of cost incurred. Image SourceAlso read: Pune civic body plans to install 40 garbage collection ATMs

Next Story
Infrastructure Energy

CCI Clears British Investment in ReNew Photovoltaics

The Competition Commission of India has approved British International Investment plc’s investment in ReNew Photovoltaics Private Limited. The UK government-owned development finance institution will invest in the Indian manufacturer of solar modules and solar cells by subscribing to its securities.This move aligns with India's broader clean energy goals. A detailed CCI order will follow...

Next Story
Infrastructure Urban

CCI Approves Coromandel's Stake Acquisition in NACL

The Competition Commission of India has approved Coromandel International Limited’s proposed acquisition of equity shares in NACL Industries Limited. Coromandel, a public listed agri-solutions provider, operates in crop nutrition, crop protection, active ingredients, and retail.NACL Industries, also a listed firm, offers a range of crop protection products including insecticides, fungicides, and herbicides. The acquisition aims to enhance Coromandel’s presence in the agrochemical sector. A detailed order is awaited. ..

Next Story
Infrastructure Urban

CCI Fines Publishers' Body Again for Anti-Competitive Practices

The Competition Commission of India (CCI) has penalised the Federation of Publishers’ and Booksellers’ Association in India (FPBAI) and three office-bearers for indulging in anti-competitive conduct. This includes fixing inflated conversion rates for imported books and journals, enforcing pricing terms on its members, and promoting only its approved suppliers to institutions. These practices violate Sections 3(3)(a), 3(3)(b) and 3(1) of the Competition Act.Despite an earlier cease and desist order from CCI, old circulars related to discount restrictions remained online and unwithdrawn. Con..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?