MoS Yadav blames Maya for poor growth of industry
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Uttar Pradesh

MoS Yadav blames Maya for poor growth of industry

Last Updated: Monday, August 02, 2010, 22:49
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Lucknow: Alleging that UP administration is not cooperating with the Centre in setting up new industries, Union Minister of State for Heavy Industries Arun Yadav today said even after three years two major units in Jagdishpur and Rae Bareli are yet to take off, pending land allotment.

The minister said three years ago the Centre had cleared proposals for setting up two large industrial units in the state involving an investment of over Rs 3,500 crore. But the Mayawati administration is yet to allot land for the same, Yadav added.

"A paper mill at an investment of Rs 3,000 crore and a NATRiP project worth Rs 100 crore were sanctioned in 2007 in Jagdishpur and Rae Bareli respectively, could not be set up so far as the state has not provided land," Yadav, who was here to Scooters India, told newsmen.

While around 300 acres are required for the paper mill, 80 acres are needed for NATRiP project for automative testing and research unit, he said, adding other than these two projects which could have been finished by now, the Centre also wants to clear other large projects in the state.

Yadav pointed out that correspondence with the state has been going on since the past three years but nothing has emerged out of it. Stressing that lack of support by the state is a major concern, he said the Centre wants to fully support the state in setting up industries.

He said the Centre also want to sanction projects in areas of the state but Mayawati is not cooperating.

Consultants have been appointed for working out a plan for the sick Scooters India, he said, adding the company needs an investment of around Rs 600 crore to come out of the red. The cumulative losses of Scooters India stands at Rs 84 crore while last year's losses were Rs 28 crore. It was declared as a sick unit last year.

PTI

First Published: Monday, August 02, 2010, 22:49

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