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Our Bureau

Kolkata , Aug. 17

The Union Government has agreed in principle to extend financial assistance to help implement a proposal for setting up a "footwear park and rural footwear service centre" in West Bengal. The proposed park will have common infrastructure fitted with modern production facilities.

Out of Rs 110-crore earmarked by the Planning Commission for proper infrastructure development for the country's leather sector during the Tenth Plan, an assistance to the tune of Rs 12.25 crore is expected to come for the proposed park and service centre.

Investment route

The investment is to be made through the Leather Forum Calcutta for Research & Development, a promotional private body dedicated to create adequate infrastructure for footwear and leather goods manufacturers in the State.

The Hony. General Secretary of the forum, Mr Asok Sen, told presspersons here on Thursday that the forum was recently informed by the Department of Industrial Policy & Promotion through the State Government that the Centre would extend all possible support in setting up and operation of such projects. The support includes direct financial assistance, he said.

The forum would monitor the infrastructure development project, while a special purpose vehicle would be set up to implement the project. Meanwhile, the forum has approached the State Government for necessary land at Budge Budge in South 24 Parganas and Barasat in North 24 Parganas for the proposed park and service centre.

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