Patna: Industrial Minister Bihar Syed Shahnawaz Hussain on Wednesday met with trade unions, public distribution and the Minister of Textile Piyush shaken in Delhi.
Hussain demands that ethanol bihar units must benefit from the central subsidy scheme and bank financing scheme, next to a seven-year tripartite agreement between ethanol units, banks and oil marketing companies (OMC) for 100% back-back from ethanol.
During his meeting with Goyal, which was held at Udyog Bhawan in Delhi, Hussain also demanded the demands of two textile parks in Bihar.
Hussain told the meeting under the Mega Textiles Park government scheme, a minimum of 1,000 hectares of land needed.
However, for agriculture dominating countries such as Bihar, it will be difficult to set 1,000 hectares of land in one place.
He said that the Bihar government had two areas of land of 200 hectares for textile parks and if the center accepted Bihar’s request, immediately two textile parks could be developed in the state.
After the meeting with Goyal, Hussain told Ti by telephone that the meeting was very useful.
There was a positive response from the Union minister about the request of two textile parks of 200 hectares for Bihar, he said.
“For ethanol units, the center has come out with the subvention scheme of interest to establish ethanol plants throughout India received applications for 30 days starting from January 14, 2021.
However, the promotion policy of ethanol production from the Bihar government was launched in March 2021.
It is important to note that the feasibility for the financing of SOPs introduced by the Bank is limited to units that have approval based on the scheme of January 14, 2021.
Thus, most proposed bihar ethanol projects are unable to utilize the benefits under the subvention scheme of central interest or they can benefit in Under the bank financing soup, “said Minister of Bihar to Goyal.