This story is from June 21, 2021

Investment proposals worth Rs 528 crore for Nalanda: Minister

Bihar’s industries minister Shahnawaz Hussain on Sunday said his department recently received investment proposals worth Rs528 crore for setting up industries in Nalanda district.
Investment proposals worth Rs 528 crore for Nalanda: Minister
The minister said there were enormous opportunities in Nalanda district owing to good road connectivity and its proximity to Patna and Gaya.
PATNA: Bihar’s industries minister Shahnawaz Hussain on Sunday said his department recently received investment proposals worth Rs528 crore for setting up industries in Nalanda district.
Talking to mediapersons after inaugurating a uPVC manufacturing plant at Dhamauli village near Wena police station in Nalanda district, he said out of the total Rs528 crore, proposals worth Rs428 crore are related to ethanol sector and the rest are for setting up food processing, textile and other industries.

The minister said there were enormous opportunities in Nalanda district owing to good road connectivity and its proximity to Patna and Gaya. “But, we are giving equal attention to developing industries in all districts. The department is also focusing on the ‘One District-One Product’ scheme,” Hussain said.
Giving information about the outcome of the Mukhyamantri SC/ST Udyami Yojana, the minister said so far 5,100 beneficiaries have been selected out of which 3,732 got the first instalment of the financial assistance. Under this Scheme, total 1,418 beneficiaries have started operations after setting up industries.
Under the Mukhyamantri EBCs Udyami Yojana, 1,918 beneficiaries have been selected so far, out of which 1,266 received their first instalment of the financial assistance. Altogether 576 beneficiaries have been given first and the second instalments.
The minister further said the industries department has introduced effective schemes for promoting entrepreneurship among all classes of the society, including women and youth, even the transgenders.
He said the Mukhyamantri SC/ST/EBCs Udyami Yojana had already been implemented. CM Nitish Kumar recently launched the Mukhyamantri Mahila Udyami Yojana and the Mukhyamantri Yuva Udyami Yojana exclusively for developing entrepreneurship skills among women and youths, respectively, he said.
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