{"id":9552,"date":"2024-06-14T14:25:42","date_gmt":"2024-06-14T14:25:42","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=9552"},"modified":"2024-06-14T14:25:42","modified_gmt":"2024-06-14T14:25:42","slug":"punjab-pushes-for-proposal-to-start-project-in-ludhiana-with-centre","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/punjab-pushes-for-proposal-to-start-project-in-ludhiana-with-centre\/","title":{"rendered":"Punjab pushes for proposal to start project in Ludhiana with Centre"},"content":{"rendered":"

Punjabindustries department has recommended the common fund for commodities (CFC) projectproposalof modern printing and packaging cluster in Ludhiana to the ministry of Micro, Small and Medium enterprises<\/a> (MSME) under the scheme micro and small enterprises cluster development programme.<\/p>\n

Under this scheme, the central government provides assistance of 70-90% of theprojectcost of maximum project cost of Rs 20 crore depending upon the number of micro units for setting up of CFC and the balance is to be contributed by the special purpose vehicle or the .<\/p>\n

Punjab industries minister Sunder Sham Aora said this CFC will provide EMPLOYMENT<\/a> opportunities to about 5,750 people and generate direct and indirect export up to Rs 20 crore. About 630 MSME units will benefit in terms of increased productivity and quality, he added. The project is being implemented under the formation of a SPV, which has arranged the land at Gaunspur village industrial zone in Ludhiana. The project is coming up with an Investment<\/a> of Rs 20 crore, out of which Rs 16 crore would be spent on machinery and equipment. The state industries department has identified 14 projects under this scheme, out of which two CFCs have been completed and four projects are in advanced stages of implementation where final approvals have already been provided by the central government.<\/p>\n","protected":false},"excerpt":{"rendered":"

Punjabindustries department has recommended the common fund for commodities (CFC) projectproposalof modern printing and packaging cluster in Ludhiana to the ministry of Micro, Small and Medium enterprises (MSME) under the scheme micro and small enterprises cluster development programme. Under this scheme, the central government provides assistance of 70-90% of theprojectcost of maximum project cost of … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1092],"tags":[827],"class_list":["post-9552","post","type-post","status-publish","format-standard","hentry","category-punjab","tag-15-16-08-21"],"yoast_head":"\nPunjab pushes for proposal to start project in Ludhiana with Centre - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/punjab-pushes-for-proposal-to-start-project-in-ludhiana-with-centre\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Punjab pushes for proposal to start project in Ludhiana with Centre\" \/>\n<meta property=\"og:description\" content=\"Punjabindustries department has recommended the common fund for commodities (CFC) projectproposalof modern printing and packaging cluster in Ludhiana to the ministry of Micro, Small and Medium enterprises (MSME) under the scheme micro and small enterprises cluster development programme. 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