STATE : LAKSHADWEEP
Lakshadweep is the smallest union territory of India
consisting of many islands located in the Arabian sea.
The total land area of the territory is 32 square kilometer.
It is located between 8 º- 12-º 13" North
latitude and 71º -74º East longitude, 220
to 440 Kms. away from the coastal city of Kochi in Kerala,
in the emerald Arabian sea.
Lakshadweep is one of the world's most spectacular
tropical island systems. The union territory of Lakshdweep
is committed to the cause of eco tourism and has consciously
followed a middle path between tourism promotion and
environmental conservation. The efforts to promote tourism
have been synchronized with the carrying capacity of
the islands. Lakshadweep promotes water sports and has
emerged as a water sport destination in the country
owing to the vast lagoons around the island.
The fibre is extracted from dry coconut husk through
mechanical decortications. Brown fibre is again converted
into curled fibre, which is value added product and
thinner variety of coir yarn.
There are seven coir fibre factories, seven coir production
cum demonstration centres and four curling units functioning
under the coir sector in the Government sector. These
units produce coir fibre and coir yarn in addition to
other coir products like curled fibre, corridor mats
and mattings. A number of small coir units are also
functioning under the private sector.
The full-fledged handicraft production cum training
centre is functioning under the Lakshadweep Industries
Department. The centre provides training to a number
of people and encourages them to set up their own units.
Fisheries is another important activity in Lakshadweep
since the sea around the island is highly productive.
The importance of the sector can be gauged from the
fact that the islands stand first in the country in
per capita availability of fish.
Incentive Package for Industries
It has been proposed that the following incentives
will be provided to the entrepreneurs for developing
all round industrial development of the island:
- 25 percent capital investment subsidy
- Interest subsidy over and above 7 percent on the
term loan for putting up any type of industrial activity
- 50 percent capital subsidy to group activity/Industrial
- 50 percent capital subsidy for programmes promoted
by women entrepreneurs
- Subsidy of 30 percent Industrial Current Consumption
- 90 percent transport subsidy for movement of raw
materials and finished goods between islands and mainland.
- 75 percent subsidy for inter island movement of
raw materials and finished goods.
- 50 percent subsidy for setting up of power generation
systems for industrial purposes.
- 50 percent subsidy for setting up of water harvesting
system for industrial purpose.
- Construction of industrial sheds to be given to
the local entrepreneurs on nominal rent basis.
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