Agra a ‘Hardware Park’ underneath PLEDGE scheme of Uttar Pradesh authorities for selling non-public industries and funding, was inaugurated at Bhakri in Aligarh district on Tuesday by commissioner of Aligarh division Navdeep Rinwa. The park is claimed to the primary of its form in the state.
“The upcoming Hardware Park is a part of the bold plan of state authorities geared toward selling non-public industries. The state cupboard had authorised this scheme on January 28 this 12 months and sanction was acquired for the park in Aligarh by the tip March. It was inaugurated immediately, reflecting how the state authorities is dedicated to industrial development,” mentioned the commissioner.
“The scheme envisages improvement of personal industries inside 10 to 50 acres of land for which ₹50 lakh per acre mortgage is made out there on the price of 1 p.c. The beneficiary has been supplied first instalment of ₹3.50 crore for infrastructural necessities. It will appeal to extra funding at this primary Hardware Park underneath PLEDGE scheme of the state,” he claimed.
District Justice of the Peace of Aligarh, Indra Vikram Singh mentioned that the Hardware Park in Aligarh turned a actuality inside 13 days of signing Memorandum of Understanding (MOU) with proprietor of land Rakesh Agarwal, an area industrialist .
Joint director of industries Virendra Kumar Agarwal knowledgeable that monetary help of ₹7 crore was to be supplied to Rakesh Agarwal who was just lately handed over a cheque price ₹3.50 crore by chief minister Yogi Aditya Nath at an occasion in Lucknow.