The plan outlay of Rs.99.99 crores (Rs.75 crore for Power loom Mega Cluster and Rs.24.99 for Silk Mega Cluster) provided for beyond 12th Plan i.e., 2017-18 to 2019-20,
Assistance for each approved Power loom/Silk Mega Cluster project would be limited to Rs.50 crore inclusive of administrative expenditure, M&E and professional fee beyond the 12th Five Year Plan i.e.2017-18 to 2019-20. The land for the projects has to be arranged by the SPVs. However, the land cost would not be built into the total project cost. Also the Government grant would not be allowed to be utilized for purchase/procurement of land. The plan outlay of Rs.99.99 crores (Rs.75 crore for Power loom Mega Cluster and Rs.24.99 for Silk Mega Cluster) provided for beyond 12th Plan i.e., 2017-18 to 2019-20, Assistance for each approved Power loom/Silk Mega Cluster project would be limited to Rs.50 crore inclusive of administrative expenditure, M&E and professional fee beyond the 12th Five Year Plan i.e.2017-18 to 2019-20.
The land for the projects has to be arranged by the SPVs. However, the land cost would not be built into the total project cost. Also the Government grant would not be allowed to be utilized for purchase/procurement of land.