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:

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):

Eligibility Criteria

The eligibility criterion to avail assistance under 20:20:60 pattern is as mentioned below:

1. Any Cooperative Industrial Estate which has raised own share capital is eligible for matching contribution from the State Government.

Infrastructure

Eligibility criterion is as follows:

1. 50% of the cost of estimates to be raised by CIE (25% up-front & 25% later-on when the project is sanctioned)
2. No application form is prescribed but the scrutiny forms are provided herewith