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Investment is happening rapidly in micro and small and medium industries in Bihar! claim made

Investment is happening rapidly in micro and small and medium industries in Bihar!  claim made

Bureau, New Delhi. Investment in small and medium scale industries sector in Bihar has increased significantly in recent years. Investors are getting attracted towards food based industry in the state. This can be gauged from the fact that new investment proposals worth Rs 76437 crore were received in the state during the year 2018-19 to … Read more

Possibility of expansion of industries in Bihar: two industrial cities built between Gaya and Kaimur, land problem solved

Amendment in IDA Act to promote private sector industry in Bihar, know who will benefit

The Amritsar-Delhi-Kolkata Industrial Corridor necessary for the expansion of industries in Bihar is passing through its state Bihar. There is a huge potential for industrial development in this area. Therefore, it should be considered to establish at least two industrial cities between Gaya and Kaimur. Whatever pending matters related to the incentive amount of the … Read more

Industry will get a boost in Bihar, land will be available for business at Rs 4 to 8 per square foot

Amendment in IDA Act to promote private sector industry in Bihar, know who will benefit

Patna. Industries Minister Sameer Mahaseth inaugurated the Industry Facilitation Center on Saturday at Indira Bhavan in the capital. Startup and its sports team will sit here to promote the industry. During this, Industries Minister Sameer Seth said that do not create a perception about law and order. Today Made in Bihar products are available in … Read more

Sugarcane based industries will be set up in Bihar on the lines of Maharashtra, officials will observe the model

Sugarcane based industries will be set up in Bihar on the lines of Maharashtra, officials will observe the model

Patna. Cooperative Minister Dr. Surendra Yadav inaugurated the online membership training program in Paxon on Tuesday. During this, the Cooperative Minister said that the packs have remained locked in the hands of some people. The minister directed the officials to observe the model of sugarcane industry in Maharashtra. Small sugarcane based industries will be set … Read more

Special focus on PMFME in Bihar, more applications than target in industrially backward districts

Special focus on PMFME in Bihar, more applications than target in industrially backward districts

Patna. In the PM Formalization of Micro Food Processing Enterprises (PMFME) scheme, remote and industrially backward districts of Bihar are performing well. In the financial year 2023-24, a target has been set to provide benefits to 15 thousand people under this scheme. Till the first quarter of the current financial year (till June 19), about … Read more

Job creation and entrepreneurship in Bihar suffered a setback, only a quarter of the applications under PMEGP got approval from the bank

Job creation and entrepreneurship in Bihar suffered a setback, only a quarter of the applications under PMEGP got approval from the bank

Rajdev Pandey, Patna. Proper employment generation is not being done in Bihar through Prime Minister’s Employment Generation Program (PMEGP). Margin money could not be paid in as many projects in the last three years in which margin money was claimed. In the last three financial years 2020-21, 2021-22 and 2022-23, a total of 11417 MEGP … Read more

Construction of industrial sheds has gained momentum in Bihar, allotment process will start from next month

Amendment in IDA Act to promote private sector industry in Bihar, know who will benefit

[ad_1] Plug and play industrial sheds are being prepared in various industrial areas of Bihar. In the last six months, plug and play industrial sheds have been constructed in more than two to four lakh square feet in various industrial areas of the state. For example, in Muzaffarpur, 40,000-50,000 square feet of large industrial areas … Read more

First textile cluster inaugurated at Bela in Muzaffarpur, people will get training and employment, migration will stop

First textile cluster inaugurated at Bela in Muzaffarpur, people will get training and employment, migration will stop

[ad_1] Muzaffarpur: The first garment unit started in Bela industrial area on Thursday. Like the bag cluster, it has been named as a textile cluster. Industries Department Minister Sameer Kumar Mahaseth inaugurated the unit. The production process also started from the first day. RSCC Ltd. in plug and play infrastructure in the industrial sector. has … Read more

First approval for 67 investment proposals worth 793.97 crores in Bihar, know in which areas investment will be made

First approval for 67 investment proposals worth 793.97 crores in Bihar, know in which areas investment will be made

[ad_1] In the 47th meeting of the Bihar State Investment Promotion Board, 67 proposals worth more than two crores have been approved for the first stage. In this, an investment of Rs 793.97 crore has been proposed. These decisions have been taken in the meeting held under the chairmanship of Development Commissioner. 18 proposals in … Read more

Increased trend of investors from other states towards setting up industries in Bihar, allotted space to another textile company

Amendment in IDA Act to promote private sector industry in Bihar, know who will benefit

[ad_1] In Muzaffarpur industrial area, the trend of outside investors regarding textile industry has increased a lot. Another textile company has been allotted space in Biada to set up a unit. On Tuesday, in the meeting of the Project Screening Committee in Patna, an agreement was reached to give place to the concerned unit. BIADA’s … Read more