PAY OR CLOSE

In an order passed
on April 9, the Supreme Court
of India gave an ultimatum to all
28 industrial areas in the National
Capital Territory of Delhi to
either chip in their share of the
fund for setting up 28 Common
Effluent Treatment Plants (CETP),
or face immediate closure of their
units. The industries have to con-
tribute 20 per cent of the cost of
establishing the CETPs to bring the
total amount to Rs 40 crore. The
judges also passed an order prohibiting concerned authorities
from constructing new industrial
areas and granting licences to new
industries.