Ministry of Heavy Industries
A total of 32 projects with total project cost of Rs 1363.87 crores sanctioned so far under the Phase-II of the Scheme for Enhancement of Competitiveness in the Indian Capital Goods Sector.
Posted On:
08 DEC 2023 5:41PM by PIB Delhi
Ministry of Heavy Industries notified the Scheme for “Enhancement of Competitiveness in The Indian Capital Goods Sector- Phase-II” with financial outlay of Rs. 1207 crores, budgetary support of Rs.975 crore and minimum Industry Contribution of Rs.232 crores. There are five main components under the Scheme. The component wise budgetary details are as under:
(Amount in Rs crores)
|
S.N.
|
Scheme Component
|
No of projects sanctioned
|
Total Project Cost
|
Total Govt. contribution
|
Total Industry Partner contribution
|
GoI contribution released till date
|
Industry contribution till date
|
|
1
|
Setting up of New Advanced Centres of Excellence and augmentation of Existing Centres of Excellence.
|
9
|
478.89
|
329.29
|
149.60
|
42.52
|
10.63
|
|
2
|
Setting up of Common Engineering Facility Centres (CEFCs) and augmentation of existing CEFCs
|
5
|
357.07
|
207.62
|
149.45
|
72.56
|
18.14
|
|
3
|
Augmentation of existing Testing and Certification Centres
|
7
|
195.99
|
155.04
|
40.95
|
93.77
|
23.44
|
|
4
|
Setting up of Industry Accelerators
|
8
|
324.33
|
261.09
|
63.24
|
108.63
|
27.16
|
|
5
|
Promotion of skilling in Capital Goods Sector– creation of skilling packages for skill levels 6 and above
|
3
|
7.59
|
7.59
|
0
|
1.01
|
0
|
| |
TOTAL
|
32
|
1363.87
|
960.63
|
403.24
|
318.49
|
79.37
|
The status of the projects sanctioned under the CG Scheme is as under:
|
S.N.
|
Scheme Component
|
No of projects sanctioned
|
|
1
|
Setting up of New Advanced Centres of Excellence and augmentation of Existing Centres of Excellence
|
9
|
|
2
|
Setting up of Common Engineering Facility Centres (CEFCs) and augmentation of existing CEFCs
|
5
|
|
3
|
Augmentation of existing Testing and Certification Centres
|
7
|
|
4
|
Setting up of Industry Accelerators
|
8
|
|
5
|
Promotion of skilling in Capital Goods Sector– creation of skilling packages for skill levels 6 and above
|
3
|
|
|
TOTAL
|
32
|
A total of 32 projects with total project cost of Rs 1363.87 crores (due to higher contribution by Industry) have been sanctioned so far under the Phase-II of the Scheme for Enhancement of Competitiveness in the Indian Capital Goods Sector.
A total of Rs. 197.4998 crores was released by MHI for the projects under CG Scheme Phase 2 during the Fiscal Year 2022-23.
This information was given by the Minister of State for Heavy Industries, Shri Krishan Pal Gurjar, in a written reply in Rajya Sabha today.
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