Online Courses (English)
This just in:

State PCS

Haryana State PCS

  • 27 Oct 2021
  • 3 min read
  • Switch Date:  
Haryana Switch to Hindi

'Aid for Waste Management' Scheme

Star marking (1-5) indicates the importance of topic

Why in News

  • On October 26, 2021, Haryana Government notified the 'Aid for Waste Management' scheme for the industrial sector with a view to encourage industries to undertake waste management activities, under which industries in the state will be provided facilities such as garbage collection, transportation, treatment and disposal. Incentives will be provided for waste management activities.

Key Points

  • A spokesperson of the Industries and Commerce Department said that the scheme would be deemed to have started from January 1, 2021 and would remain in force for a period of five years. Under this scheme, assistance will be provided on purchase of land, machinery and equipment on or after January 1, 2021 and before December 31, 2025.
  • Under the Waste Management Scheme, financial assistance up to 50 percent of the project cost including machinery and equipment up to Rs 50 crore would be provided for setting up electronic waste management and e-waste recovery projects for industries operating in the electronics system design and manufacturing (ESDM) sector.
  • Financial assistance will be provided by way of reimbursement of expenditure incurred only to new ultra-mega projects, mega projects, large industries, micro, small and medium enterprises operating in the Electronics System Design and Manufacturing (ESDM) sector anywhere in the state of Haryana.
  • The restrictive list of industries notified under HEEP-2020 will not be applicable for this assistance. Eligible units will have to file IEM/Enterprise Registration Certificate (URC) and Haryana Enterprise Memorandum (HUM) on the portal for statistical purposes.
  • The unit should be in commercial production. The unit should be in regular production at the time of distribution and subsidy will not be released to the closed unit.
  • Under the method of disbursement, the financial assistance will be disbursed in three phases. In the first phase, the first installment of 25% of the eligible assistance will be released after taking 100% possession of the land and 50% of the eligible project cost should be spent by the applicant.
  • The second installment of 25 percent of the eligible assistance will be disbursed after the applicant has spent 75 percent of the eligible project cost. The third and final installment of 50% of the eligible assistance will be paid after the applicant has spent 100% of the eligible project cost. In all these cases the applicant will also have to submit a progress report.
  • The deficiencies shall be communicated to the applicant within a period of seven days in writing and the applicant shall be given a time period of 10 days to rectify the deficiencies pointed out.

 Switch to Hindi
SMS Alerts
 

Please login or register to view note list

close

Please login or register to list article as bookmarked

close
 

Please login or register to make your note

close

Please login or register to list article as progressed

close

Please login or register to list article as bookmarked

close