ABSTRACT

New Anna Marumalarchi Thittam - 8 th State Level Monitoring Committee Meeting held on 4.7.2005 - Decision taken on the eligibility of Aquaculture units promoted under New Anna Marumalarchi Thittam for subsidy at 15% on eligible investment with a ceiling limit of Rs.3 lakhs per unit - Orders - Issued.

SMALL INDUSTRIES (DEV.1) DEPARTMENT

G.O. Ms.No.91                                                      DATED: 7.10.2005

READ:-

(1) G.O.Ms.No.32, Small Industries Department Dated 28 th June, 2002.

(2) G.O.Ms.No.43, Small Industries (Dev) Department, dated 31.7.2003

(3) G.O.Ms.No.41, Small Industries (Dev.1) Department, dated 15.7.04.

(4) G.O.Ms.No.30, Small Industries (Dev.1) Department dated 17.5.04.

Read also:

(5) Government Letter No.6470/Dev.1/2004-10 Small Industries Department dated 14.7.2005.

(6) From the Industries Commissioner and Director of Industries and Commerce Letter Rc.No.47143/NAMT/05-2 dated 31.7.05.

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ORDER:

In the G.O. first read above, the Government have sanctioned the implementation of New Anna Marumalarchi Thittam in each of the 385 blocks in the State for promotion of Agro based / food processing and other related industries in rural areas to generate rural employment and thereby improve the rural economy.

2. In the G.O. second read above, activities connected with fisheries viz. coastal Aqua culture fresh water prawn culture, mud crab fattening, lobster fattening and pearl oyster culture have been included in the list of eligible activity under New Anna Marumalarchi Thittam and directed that the expenditures for creating infrastructures in these projects viz. Cost of pond construction, store room, 5 HP Diesel pump sets and bore well, Inlet and outlet sluice gate, pipeline for water, equipment, paddle wheel aerators shall be considered as investment made on plant and machinery and can be reckoned to sanction capital subsidy under New Anna Marumalarchi Thittam.

3. In the G.O. third read above it was directed that although the above such activities are not registerable under SSI as per the norms of Government of India, such units are permitted to avail capital subsidy subject to fulfilling the eligibility norms under New Anna Marumalarchi Thittam.

4. In the 8 th State Level Monitoring Committee Meeting held on 4.7.2005, the issue of abnormal variation observed on the investment eligible for subsidy among the aqua culture units was placed in the meeting to fix a ceiling limit on the eligible investment limit for subsidy to streamline the issue similar to the decisions taken by Government in respect of vermi compost / bio compost, Herbal products and Seed processing unit vide the G.O. fourth read above and a decision was taken that subsidy for aqua culture units will be reckoned at the rate of 15% on the value of eligible investment on plant and machinery prescribed in the G.O. second read above not exceeding Rs.3 lakhs per unit subject to the condition that aqua culture units should have obtained lincence from the "Aqua culture Authority" irrespective of extent of coverage of the pond. It was also decided that the General Manager, District Industries Centre, of respective District should verify the creation of assets as mentioned in the subsidy application and issue a certificate to that effect to TIIC for processing the subsidy application.

5. The Industries Commissioner and Director of Industries and Commerce has accordingly sent proposals for sanction of subsidy to eligible Aqua culture units promoted under New Anna Marumalarchi Thittam at the rate of 15% on the eligible investment value as per G.O. second read above with ceiling limit of Rs.3 lakhs per unit subject to the condition that the unit should have obtained licence from the "Aqua culture Authority" irrespective of the extent of area wherein the ponds have been constructed and that the General Manager, District Industries Centre, of the respective District may be directed to certify for the creation of assets as mentioned in the subsidy application form filed by the respective unit for disbursement of subsidy by TIIC.

6. The Government, after careful consideration of the proposal of Industries Commissioner and Director of Industries and Commerce have decided to accept it. Accordingly they direct that subsidy shall be sanctioned to eligible Aqua culture units promoted under New Anna Marumalarchi Thittam at the rate of 15% on the eligible investment value as per G.O. second read above with ceiling limit of Rs.3 lakhs per unit subject to the condition that the unit should have obtained licence from the "Aqua culture Authority" irrespective of the extent of area wherein the ponds have been constructed and that the General Manager, District Industries Centre, of the respective District shall certify for the creation of assets as mentioned in the subsidy application form filed by the respective unit for disbursement of subsidy by TIIC.

7. This order issues with the concurrence of Finance Department vide its U.O. No.57215/Fin (Ind)/2005-1 dated 12.8.2005.

(BY ORDER OF THE GOVERNOR)

D. RAJENDRAN

SECRETARY TO GOVERNMENT

To

The Industries Commissioner and Director of Industries & Commerce, Chennai-5

The Managing Director, Tamil Nadu Industrial Investment Corporation, Chennai-35

All District Collectors.

The Accountant General Chennai-6/18/35

The Accountant General Chennai-6/18/35 (By Name)

Pay & Accounts Officer, Chennai-5

All District Treasuries.

Copy to:

The Secretary II to Honourable Chief Minister, Chennai-9.

The Senior Personal Assistant to Minister for Finance, Chennai-9

The Senior Personal Assistant to Minister for Rural Industries, Chennai-9

The Chief Secretary to Government, Chennai-9

The Development Commissioner & Secretary to Government, Finance Department, Chennai-9

The Secretary to Government, Industries Department, Chennai-9

The Secretary to Government, Agriculture Department, Chennai-9

The Secretary to Government, Rural Development Department, Chennai-9

All Departments of Secretariat, Chennai-9.

All Sections in Small Industries Department.