Amendment status not verified — confirm the current text below against the official source.
Functbrs - Th€ functions ot the Co.poratioo shall be - (i) gen€rally to promote and assisl h the rapid and orderly astiablishment. gro th and developrn€nt of industrias in lhe sl,als and (ii) in part cular and riiUEUt pft)ir.dice to the g€fl€rality o, daus6 (i) (a) to dovelop industrial areas s€lected by th€ Govamment for the plrpoGe ,or wtlich it was saled€d and make lhem availabla for the undertakings lo establish lhems€lves ; (b) io establish, maintain, develop and manage industrial eslates at dac6s selBcled by the Gorsmm€nt: (c) to identiry approprhte industrhl sites, acquire th€m and tie up lhe required infraslructule facilities, like power, waler, roads. communications, drainage aod pollulion abatement syslems, industrlal sheds lor sma[ scah units, and wherever required, sodal infrastnrlur€ like indnst ial horrsirE ard common arneriity buildir€E for banks, post otnc€s. lGpilab, fire statins arld th€ lik€; (d) to c+odinata $rith bth6r govsmrnent depadments or agsnciBs to omure pro\risbn ot good quality infrslructurs facilities, wilhin the shortosl pos3iblo time; (e) lo allol the developod plols or sheds lo enlrepreneurs on terms and condiirons as may b€ detemined by th6 Corporation: (0 lo upgrade the facilitios of the oxisting industrial ostates of lndustrtal arsas trsnst€rrod to tha Corporalion: 5 (9) to undertako schemas for provk ing th€ industrial unats with such struclurss and ,acilitids as may be nocessary for their ordsrly oslablishmont, groMh and development; (h) to procure land on b€halt of modium or large scale industdes ouBU6 tho irxlGlrial ssfabs or induqriat dovelopment araas by prchas€. ba36 (x axchang€ ftom any person ; (i) to acl as sirEle point contacl for clearance roquired frorn different 0) to proanolo, organis€, sponsoa or undertate schemes or wo.ts sither by ilsolf or Finlly wilh otrer corpo.ate bodies or institulbns o, with th€ Govemmeot o. local aulhoriti* or on an agency basb in furlhgrancs ot lho purpose tor which ths Corporation is Gstablish€d ard all mattsE connecled thara|itt; (k) such olher funclions as ar€ necossary in fu,fheranco ol the oti€c,ts ot the Corporation.