Amendment status not verified — confirm the current text below against the official source.
Implementation: For Apparel Park, the nodal agency shall be SPINFED (Odisha State Cooperative Spinning Mills Federation Ltd.) which shall receive, process proposals and submit through Director, Textiles to Govt. in Handlooms, Textiles & Handicrafts Department for approval. For Units with investment per unit up to Rs.50 cr., SPINFED will receive Application with DPR, evaluate and give a Techno-Financial Feasibility approval. This will be sent to respective DICs (District Industries Centre) for further processing as per The Odisha Industries (Facilitation) Act, 2004 and Rules there under. For Units with investment per unit above Rs.50 cr., Investors shall apply in Combined Application Form (CAF) in ebiz.gov.in which will be processed by IPICOL (Industrial Promotion and Investment Corporation of Odisha Limited) through a web-based system facilitating time bound clearances to investment proposals, including facility for e-filing of Combined Application Form (CAF), e-payment of processing fees and virtual single window interface between investors and different clearance authorities. SPINFED will monitor and facilitate the benefits under this Policy, ensuring release of admissible incentives within the stipulated time period as specified in Standard Operating Procedure (SOP) of the policy. All disbursements will be made online through Banks.