Dynamic City-Regions in India Presentations for five (5 ... - Unido

In pursuance of the Supreme Court order of December 1997, 15 Common Effluent Treatment Plants are
established by the CETP 38 societies to cover 28 approve industrial areas. It is the responsibility of the
societies to construct, operate and maintain these plants and control the quality of effluents discharged by the
industries within the prescribed parameters. For this purpose, the Govt. of Delhi has released Rs. 22.5 Crore
and the Central Govt. has released another Rs. 22.5 Crore being 50% of the capital cost of all the 15 CEPT
units. The remaining 50% of the capital cost i.e. Rs. 45 Crore and subsequent annual operational and
maintenance charges are borne by these societies. In case these societies so desire they can obtain a loan up to
30% of capital cost from the IDBI 39 or any other financial institution.
More stringent norms for vehicular emissions have been notified under the Central Motor Vehicles Rules,
which have come into effect from April 1996. Supply of unleaded petrol in Delhi has been introduced with
effect from April 1, 1995 for use in four-wheel vehicles fitted with catalytic converters.
6. Access to Venture Capital
1. Delhi Financial Corporation Venture Fund: helps the enthusiastic and qualified entrepreneurs to transform
their dreams and ideas into reality by providing strategic support and financial planning, in addition to pure
financing. For this purpose the corporation has constituted a fund.
2. PICUP Venture Capital: The Pradeshiya Industrial & Investment Corporation of UP 40 Venture Capital
Assistance. The scheme aims at financing small/medium scale industries based on sound project ideas,
which are based on new technologies. Assistance under the scheme is available for projects promoted by
technical entrepreneurs involving innovative technology, up gradation developed through in-house R&D or
recognised research laboratories and institutions.
3. Delhi Khadi & Village Industries Board: The Delhi Khadi and Village Industries Board provides financial
assistance for setting up village industries unit and marketing outlets to the individuals, industrial cooperative
societies and institutions. Financial assistance up to Rs. 10 Lakh to an individual entrepreneur
and up to Rs.25 Lakh to the institutional cases based on the Project Report for the particular scheme are
provided. Till 2000-01 the board has financed Rs.2.50 Crore.
Private Venture Capital Organisations
1. Baring Private Equity Partners (India) Limited
Name of Fund: Baring India Investment Limited
Nature of Fund: Offshore fund
Date of Establishment: December 1996
Date of Maturity: December 2003+2 years
Authorised Capital: Rs. 1,200 million
2. Risk capital and technology finance corporation ltd.
Name of fund: Venture Capital Unit Scheme-III (VECAUS-III)
Nature of fund: UTI scheme
Date of establishment: July 1991
Authorised capital: Rs. 1200 million
Organisations Providing Venture Capital Advisory Services
1. AVISHA Credit Capital Ltd: AVISHA is an integrated management resource for Long Term Funding Tieups,
Collaborations/Joint Ventures, Management Consultancy Service and Corporate Advisory Service.
AVISHA offers service, which have been carefully tailored - blending hardcore professionalism with a
dedicated clients orientation. The service provided to clients are highly personalised, swiftly effected and
more often are designed to suit specific requirements. The company recognises the clients increasing
requirements of practical and technically sound advice and execution thereof in an utmost professional
manner.
38 Combine Effluent Treatment Plant
39 Industrial Development Bank of India
40 Uttar Pradesh State
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