Faridabad industry seeks green incentives
Bijendra Ahlawat
Faridabad, July 16
The allocation of higher or adequate funds for infrastructural growth and subsidies for promotion of green energy sources are among the major expectations of entrepreneurs and industrialists of the city and the region from the Union Budget.
This industrial hub has around 30,000 manufacturing units. “Announcement of various measures and incentives for the promotion of the industrial and manufacturing sector is expected in the Budget,” says Rajive Chawla, president, Integrated Association of Micro, Small and Medium Enterprises of India (IAMSME).
Describing the demand of waiving GST or provision of subsidy for the units shifting to gas supply as crucial, he claims that it will benefit more than 20,000 units in the city as majority industrial units are unable to bear huge costs involved in the process of converting from the traditional sources of energy to gas.
As easy availability and affordable price of the energy source was vital for the industry, the upgradation of civic infrastructure in the industrial zones was equally important, he said, adding that the focus needs to be on the provision of the state-of-the-art infrastructure to ensure that units were able to cope with the rising global competition.
The other need of the hour was the regularisation of the non-conforming industrial zones in the city, as 70 per cent units had been functioning from non-regularised areas and thus faced various hurdles for survival, he added.
Raj Bhatia, president, Faridabad Industries Association, said the government needed to go for benchmarking for making the local units competitive in terms of industrial and business development and promotion of the state of art IT sector locally.
“A special incentive or package that could usher in a new era in the sector with groundbreaking initiatives to push rejuvenation of basic infrastructure is required,” says Ramneek Prabhakar, general secretary, Manufacturers Association, Faridabad.
Focus on solid waste disposal
Besides round-the-clock power supply, the government should ensure subsidies to promoting green energy… the focus should also be on solid waste disposal and maintenance of civic amenities in the industrial sector. — Parmod Rana, president, imt industries association
