Bhopal: The Madhya Pradesh government on Tuesday said it will set up a plastic park in Raisen district by earmarking 138 acres land for the purpose. (Agencies)
The decision to the effect was taken by the state Cabinet at its meeting chaired by Chief Minister Shivraj Singh Chouhan.
The government has also decided to transfer 138 acres land of Madhya Pradesh Industrial Development Centre, Bhopal for the Plastic Park by forming a Special Purpose Vehicle (SPV), official sources said.
The area will be dedicated for setting up nearly 150 plastic units which would provide direct and indirect employment to over 25,000 people, they said adding the SPV will be known as Madhya Pradesh Plastic Park Development Corporation Ltd.
The Mumbai-based All India Plastic Manufacturers Association and its members have evinced keen interest in the area and earlier inked an agreement with the State Government for making mega investment there.
The Cabinet also approved draft agreements to be linked with the proposed Delhi-Mumbai-Industrial-Corridor (DMIC) under which Pithampur-Dhar-Mhow Investment Region will be developed, the sources said.
DMIC is being implemented with the financial assistance of the Japan government.
Meanwhile, the Cabinet also decided to give approval to Rules and Regulations for Lokpals to be appointed under MNREGA scheme for grievance redressal.
Bhopal: The Madhya Pradesh government on Tuesday said it will set up a plastic park in Raisen district by earmarking 138 acres land for the purpose.