+91 – 22 – 6951 1111 / 2832 7219 / 20 miedaindia@outlook.com
Co-Operative Industrial Estate Scheme

Overview

  • The main objective of the scheme of establishing co-operative industrial estates is to relocate industries concentrated in urban areas to rural areas and thereby generate more employment opportunities in rural areas.
  • Minimum land required for formation of co-operative Industrial Estate is 2 acres. Minimum 10 members can form co-operative Industrial Estate. Land is given by Govt. on long term lease basis. If Govt. land is not available in the particular area Govt. may acquire land and give it to the society on nominal rent. Society may also purchase private land and organize a co-operative Industrial Estate on such private land.
  • The Government gives 20 per cent matching share capital of the total cost of project for establishing co-operative industrial estate. The balance 60 per cent amount of the total cost of the project is to raised as a loan from financial institutions. The remaining 20 per cent amount is to be collected from the members of the industrial estates in the form of share capital.
  • There are 142 registered co-operative industrial estates out of which 102 are working, 6 have gone into liquidation and the remaining 34 are yet to complete their infrastructure programme. So far 92 co-operative Industrial Estate have been given govt. matching share capital.
  • By the end of 30.09.2015 the total 7,550 sheds were constructed in the co-operative estates and 7,745 units were in operation. The State Government had contributed ₹ 15.49 Crore Share capital to 92 co-operative Industrial Estate in the state as on 30.09.2015.

Status of Co-operative Industrial Estates in the State of Maharastra as on 30.09.2015:

Region Industrial Estates Industrial Units Employment
Sanctioned Functioning
Greater Mumbai 4 3 479 24,400
Konkan 14 12 602 12,888
Nashik 33 29 2109 38,573
Pune 45 38 3,321 77,978
Aurangabad 18 5 317 2,387
Amravati 10 3 161 599
Nagpur 10 4 442 3,940
Nanded 8 8 314 3,559
Total 142 102 7,745 1,64,324

Since 1967 to 2014 Government has given ₹ 15.84 Crores to 92 co-operative Industrial Estates as a Government matching share Capital. There is a 10.00 Lakhs budget provision for GMSE in the year 2013-2014.


Details regarding Budget provision and actual expenditure as follows (₹ in Lakhs):

SN Year Budget Provision
1. 2011-2012 150.00 51.59
2. 2012-2013 120.93 Surrender
3. 2013-2014 8.00 3.15
4. 2014-2015 10.00 Nil
5. 2015-2016 Nil Nil

Get In Touch

 Samruddhi Venture Park, Office No. 1, 3rd Floor,
Marol MIDC Industrial Estate, Andheri (E),
Mumbai-400 093

 miedaindia@outlook.com

 +91 – 22 – 6951 1111 / 2832 7219 / 20

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