What's Happening?
The state cabinet, led by Chief Minister Mohan Yadav, has approved the establishment of an Electronic Manufacturing Cluster in Bandikhedi village, Bhopal district. This initiative is part of the government's EMC 2.0 project, aimed at promoting the Electronics System Design and Manufacturing sector. The project will cover 210.21 acres and has a budget of Rs 371.95 crore, with funding from both central and state governments. The cluster is expected to enhance infrastructure and provide common facilities for the electronics industry, fostering investment, employment, and innovation.
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Why It's Important?
The establishment of the Electronic Manufacturing Cluster is significant for the local economy and the broader electronics industry. It aligns with the Digital India and Make in India initiatives, aiming to boost technical infrastructure and attract new investments. The project is expected to create jobs, increase government revenue, and strengthen the entrepreneurship ecosystem. Additionally, the approval of new Ayurvedic Medical Colleges and Wellness Centres will enhance healthcare services and promote the wellness industry in the region.
What's Next?
The state government plans to implement the 'Geeta Bhavan' scheme to promote cultural and literary activities, with financial support for construction and maintenance. The liquidation of the Morena Division Cooperative Sugar Factory will transfer land to the MSME department for developing employment-based industries. The government will also settle dues of employees and farmers, ensuring a transparent process for selling plant and machinery.
