Advertisement
Thursday, Dec 09, 2021
Outlook.com
Outlook.com

GJEPC seeks Maharashtra govt support for setting up jewellery park cluster project in Mumbai

GJEPC seeks Maharashtra govt support for setting up jewellery park cluster project in Mumbai
outlookindia.com
1970-01-01T05:30:00+0530
New Delhi, June 5 (PTI) Gems and jewellery exporters body GJEPC on Saturday said it has sought support from the Maharashtra government for setting up of India Jewellery Park Mumbai (IJPM) mega cluster project.

A GJEPC (gems and jewellery export promotion council) delegation met Maharashtra Chief Minister Uddhav Thackeray on Friday to brief him about the project, and "request immediate support from the state government on certain pressing issues," the council said in a statement.

Led by GJEPC Chairman Colin Shah, the delegation included Vice Chairman Vipul Shah, and India Jewellery Park Mumbai Chairman Kirit Bhansali.

During the meeting, Shah raised issues such as difficulties faced when opening current accounts with non-lending banks; waiving of stamp duty on imports of gold bullion in Maharashtra; stamp duty exemption on registration of sub-lease agreements by the SEEPZ (Santacruz Electronics Export Processing Zone)-SEZ Units; and waiving of stamp duty on loan and security documents executed to avail export finance.

"The chief minister responded positively to a proposal from GJEPC to partner with it on the IJPM project. He suggested that the building should be conceived as an iconic and visionary edifice with the potential to become a famous Mumbai landmark and tourist attraction in Maharashtra," it said.

Thackeray advised the council that in order to keep manufacturing activities running and to prevent any adverse economic impact to the state caused by lockdown-type situations in the long run, the project should provide on-site low-cost housing facilities to workers, it said.

The project, it said, is expected to create employment opportunities for over 1 lakh workers in the state.

The council plans to set up the park with an investment of Rs 14,467 crore at Navi Mumbai. PTI RR MKJ

MKJ


Disclaimer :- This story has not been edited by Outlook staff and is auto-generated from news agency feeds. Source: PTI

More from Website

ITC, L&T, Asian Paints Share Among Top Gainers As Sensex Closes 157 Points Higher

ITC, L&T, Asian Paints Share Among Top Gainers As Sensex Closes 157 Points Higher

Sensex ended 157 points higher on Thursday, tracking gains in index majors Reliance Industries, ITC and L&T amid a largely positive trend in global markets. Nifty rose 47.10 points to 17,516.85.

Cricket Australia CEO Nick Hockley Backs Ex-Captain Tim Paine To Return To Test Fold

Cricket Australia CEO Nick Hockley Backs Ex-Captain Tim Paine To Return To Test Fold

Tim Paine took an indefinite mental health break from all forms of cricket after stepping down as Australia Test team captain following a sexting scandal just ahead of the Ashes 2021-22.

Farmers' Agitation Suspended; Samyukta Kisan Morcha To Hold Meeting On Jan 15

Farmers' Agitation Suspended; Samyukta Kisan Morcha To Hold Meeting On Jan 15

Farmers will start vacating Delhi border points from Dec 11, this may take some time, says farmer leader Rakesh Tikait.

More from Outlook Magazine

Diary | I Want To Fly: The Unrealised Dreams Of An Ex-Banker And Mother

Diary | I Want To Fly: The Unrealised Dreams Of An Ex-Banker And Mother

Kaveri Mishra, an ex-banker and a mother, turned into a full-time home-maker four years back. What holds her back every time she wants to return to her career?

India Needs Kabir Today More Than Any Other Time

India Needs Kabir Today More Than Any Other Time

The Mahindra Kabira Festival at Guleria Ghat in Varanasi was a gentle reminder of the Sufi saint’s centrality to India’s syncretism

Death Of Three Dalit Girls And A Story Of Pain And Humiliation

Death Of Three Dalit Girls And A Story Of Pain And Humiliation

Family from UP village forced to run around to complete post-death official paperwork and even last rites.

Advertisement

Outlook Newsletters

Advertisement
Advertisement