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Mahesh

21/05/23 09:43 AM IST

PM MITRA Park

In News
  • The proposal to set up PM MITRA Park in village Bhensola, Badnawar Tehsil, Dhar district of Madhya Pradesh received formal approval from the Government of India in March, 2023.
About Mega park
  • This mega park is being set up on 1,563 acres of land in Bhensola village of Dhar district.
  • The entire land parcel is under the possession of MPIDC. This site is located at a distance of 110 kms from Indore and 85 kms from Pithampur Industrial cluster.
  • The Park would have common infrastructure like road, electricity (220 KV, 132 KV, 33 KV), water, Effluent and other support facilities like plug & play infrastructure, like CETP, workers' hostel & housing, training & skill development, incubation centres, warehousing and logistics, etc.
  • Madhya Pradesh Industrial Development Corporation (MPIDC) will apply for Power DISCOM Licence which will enable units to get power at INR 4.50 approx. Water for industrial use will be made available from Mahi Dam at Rs. 25 per KL.
Significance
  • The PM MITRA park will create direct employment for 50000 people and indirect employment for 1.5 lakh people which will directly benefit the entire Malwa region, especially the Dhar, Jhabua and Ratlam districts.
  • This will be a golden employment opportunity for the tribal youth and females of this region.
  • PM MITRA Park Bhensola, MP has already attracted more than Rs. 6000 Crore of intentions to invest from prominent textiles and garment groups across India.
PM Mitra scheme
  • PM MITRA Park will be developed by a Special Purpose Vehicle which will be owned by the Central and State Government and in a Public Private Partnership (PPP) Mode.
  • Each MITRA Park will have an incubation centre, common processing house and a common effluent treatment plant and other textile related facilities such as design centres and testing centres.
  • The Ministry of Textiles will provide financial support in the form of Development Capital Support upto Rs 500 crore per park to the park SPV.
  • A CIS upto Rs 300 crore per park to the units in PM MITRA Park shall also be provided to incentivise speedy implementation.
Source- PIB

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