Press Information Bureau
Government of India
Ministry of Chemicals and Fertilizers
10-December-2010 15:41 IST
National Policy for Plastic Parks
The Government has approved a scheme for setting up of need based Plastic Parks with requisite state of the art infrastructure and enabling common facilities to assist the sector move up the value chain and contribute to the economy more effectively.; The objective of the scheme, inter-alia, is to increase competitiveness and investments, achieve environmentally sustainable growth and adopt the cluster development approach to consolidate the capacities in plastic sector. The implementation of the scheme is envisaged by providing one time grant-in-aid to the Special Purpose Vehicle (SPV) formed by cluster entrepreneurs or any Central/State Government agency in association with user enterprises representing the plastic sector.

This information was given by the Minister of State for Chemicals and Fertilizers Shri Srikant Kumar Jena in a written reply in the Rajya Sabha today.