Punjab Newsline, Chandigarh, January 30 -
Haryana Cabinet met under the Chairmanship of Chief Minister Manohar Lal, has approved Sanction/Enhancement of Working Limits of Rs.1500 crore of Haryana State Industrial & Infrastructure Development Corporation Ltd. (HSIIDC) for Infrastructure Development mainly at Global City at Gurugram and IMT, Sohna besides land development at other locations of Industrial Estates of HSIIDC in the State of Haryana.
The enhancement of the Working Capital Limit, totalling Rs. 1500 crore, is earmarked for infrastructure development. The interest rate is linked to T-bill rates, ensuring a competitive and market-aligned financing structure.
The Finance Department, Haryana, has provided its concurrence with certain terms and conditions, including a 2% guarantee fee on the sanctioned credit limit, timely repayment obligations, and strict adherence to the purpose of fund utilization.
The approval of the Working Capital Limit enhancement is a significant step towards realizing the vision of a developed and progressive Haryana.
Also approves the draft of HMDA, 2024 bill
Haryana Cabinet today approved the draft of the Hisar Metropolitan Development Authority (HMDA) Bill 2024.
The State Government has decided to establish the Hisar Metropolitan Development Authority (HMDA), Hisar to ensure sustained and balanced growth of Hisar Metropolitan area.
The Hisar Metropolitan Development Authority (HMDA) would work on the similar lines of the Gurugram Metropolitan Development Authority (GMDA), Gurugram, Faridabad Metropolitan Development Authority (FMDA), Faridabad, Panchkula Metropolitan Development Authority (PMDA), Panchkula and Sonipat Metropolitan Development Authority (SMDA), Sonipat to develop a vision for the continued, sustained and balanced growth of Hisar metropolitan area.
The authority while working amicably with other key departments would ensure the availability of infrastructure and other key facilities to the people.
Stocking, Transportation of Minerals and Prevention of Illegal Mining Rules, 2012 amended
Haryana Cabinet today accorded approval for amendment in the Haryana Minor Mineral Concession Stocking, Transportation of Minerals and Prevention of Illegal Mining Rules, 2012.
These rules may be called the Haryana Minor Mineral Concession, Stocking, Transportation of Minerals and Prevention of Illegal Mining (Amendment) Rules, 2024. The amendments in the rules have been made to facilitate the land owners, in Rules 3 and 31 of the Haryana Minor Mineral Concession, Stocking, Transportation of Minerals and Prevention of Illegal Mining Rules, 2012. As per the amendment, in rule 3, in sub-rule (3), in the proviso, the signs and words ", on payment of Rs. 200" shall be omitted.
In the said rules, in rule 31, in sub-rule (4),-for the sign ";" existing at the end, the sign ":" shall be substituted and the proviso namely, "Provided that fifty percent of the royalty received in lieu of excavation of ordinary earth/clay shall be shared by the department with concerned Gram Panchayat village wise”, has been inserted.
The issue relating to the permissions being granted to the landowner for their personal bonafide use as well as the small entrepreneurs who are involved in the industry has been carefully re-examined and the state government also felt that royalty being received for giving permission to landowners for commercial trading needs to be shared with the concerned Gram Panchayat to ensure better vigilance, participation and monitoring on their part. In view of these considerations, the state government has decided to simplify the said Rules as the landowner might not be acquainted with the present provision.
