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INDIAN STATE : JHARKHAND
Policy framework
Industrial
Policy 2001
The Industrial Policy aims at making Jharkhand one
of the most preferred destination for investment, both
from inside and outside the country and to ensure accelerated
implementation of infrastructure related projects, increasing
employment opportunities, improving productivity, ensuring
homogeneous and balanced development of all Geographical
regions of the State with emphasis on development of
small, tiny and cottage industries.
Full
text of the policy
Objectives of the policy
- Optimal utilization of agro-climatic, mineral and
human resources of the state.
- Promote economic activities to ensure maximum capital
investment in the state with the objectives of increasing
employment opportunities, improving standard of living
of people at large.
- Identification of thrust areas and thrust zones
to prioritize the sectors and categorization of backward
regions with respect to industrialization.
- Develop the state of art technology and infrastructure
so as to ensure planned and accelerated industrial
development.
- Ensure Balanced Regional Development so as to prevent
socio-economic distortions due to backwardness of
any region.
- Encourage and involve private sector participation
in the process of planned and rapid industrialisation
of the State.
- Promote export of such items, in which the state
holds advantage vis-à-vis other states.
- Revival of viable sick units.
- Simplification of procedures and to ensure administrative
and legal reforms so as to provide hassle free sensitive
administration and time bound effective disposal of
matters in a transparent manner.
- Take steps to protect and promote rural handicrafts
so as to conserve and enrich cultural heritage, traditions
and customs of the regions.
- Provide better development opportunities to scheduled
castes, scheduled tribes, handicapped, weaker sections
and women and to ensure their participation in the
development process.
- Promote research and development, technological
upgradation and qualitative improvement and utilisation
of state of art technology to improve product, production
and productivity.
Strategy of the policy
The strategies to be adopted for achieving the objectives
are broadly as follows:
- Rationalize fiscal concessions.
- Provide adequate good quality infrastructural support
at a reasonable cost for efficient functioning of
the industrial sector.
- Amend laws/rules for encouraging private sector
participation in various sectors.
- Simplify rules, regulations and procedures to remove
bottlenecks for smooth functioning of the industrial
sector.
- Improve the quality of services to entrepreneurs
with sharp focus upon SC/ST categories, handicapped
and women to encourage them to actively participate
in the developmental process.
- Introduce latest scientific data collection system
to make the planning process more realistic.
- Make the "Single Window System" more effective
at the district, the industrial area and State level.
- Strive to put in place appropriate arrangements
for ensuring timely and adequate flow of credit to
industries, specially the SSI sector.
- Assist Industrial Sector in their marketing efforts
by providing adequate support services backed by appropriate
enabling provisions in the legislations/ rules.
- Facilitate availability of technical and financial
support for modernization through increased access
to Research & Development facilities.
- Give thrust to entrepreneurship development through
Establishment of Entrepreneur Development Institute
(EDI) and other specialized institutions.
- Diagnose incipient sickness and initiate timely
measures for revival of sick industries and develop
a monitoring system at district level to avoid sickness
in industry.
- Identify the area of concentration of traditional
skills and provide training, improve design, technological
backup and marketing support. Development of "Craft
Villages" and organizing "Craft Bazaars"
to provide adequate market access to artisans and
craftsmen.
- Encourage setting up fruit processing, vegetable
processing, spice processing, horticulture and other
food processing industries in the State by providing
special incentives and basic infrastructure to these
industries.
- Develop industrial park for specialised activities
in the field of information technology, tassar/mulberry,
electronics, plastic, chemicals, biotech and herb,
export and food processing with adequate power, water,
communication, transport and other common facilities.
- Emphasis on small power generating units and developing
non-conventional sources of energy through private
participation.
- Encourage development of consumer-oriented industries
such as Plastic, Herbs, Drugs, Leather, Handloom,
Handicrafts, Khadi, etc.
- Issue of notifications by various concerned Departments
to give effect to the strategies of the policy.
- Institutionalization of Monitoring and Evaluation
mechanism.
- Mid-term review of implementation of this policy
to ensure timely and appropriate corrective actions.
Special Economic Zone Policy
Government of India announced a policy of Special Economic
Zones (SEZs) during March 2000 with a view to augment
infrastructure facilities for export production. Setting
up of Special Economic Zones is permitted in the public,
private, joint sector or by the State Governments. These
SEZs are to be deemed foreign territory for tariff and
trade operations.
With the background of Government of India guidelines
for SEZs, the state has formulated its SEZ policy to
provide a comprehensive framework for establishment
operations and sustainability of SEZs in the state.
The concept of SEZ is expected to bring large dividends
to the state in terms of economic and industrial development
and the generation of new employment opportunities.
The SEZs are expected to be engines for economic growth.
Full
text of the Policy
Investment Incentives
- Capital investment incentive
- Captive power generating subsidy
- Interest subsidy
- Stamp duty and registration
- Employment generation based incentives
- Special incentives for thrust areas/EOU/ and SC/ST/
women/ex-servicemen and handicapped persons
- Feasibility study - project report cost reimbursement
subsidy
- Pollution control equipment subsidy
- Incentive for quality certification.
- Mega units: a special package for the new projects
with an investment of more than US$ 10.8380 million
on case to case basis is proposed
- Simplification of procedures
- Marketing assistance and other linkages
- Encouragement to Foreign investments and technological
collaborations by OCBs and NRIs in selected sectors.
Investment incentives for IT industry
The government of Jharkhand has resolved to make Jharkhand
an IT powerhouse and a front-runner in the information
revolution.
- Exemption from environmental clearance
- Exemption from zoning regulations for the purposes
of location
- Self-certification for purposes of compliance of
the following Acts:
- Water and Air Pollution Act
- Factories Act
- Employment Exchange (Notification of vacancies)
Act
- Payment of Wages Act
- Minimum Wages Act
- Contract Labor (Regulation and Abolition) Act
- Workmen Compensation Act
- Shops and Establishments Act; etc.
- General permission to run a three shift operation
- The Government would provide rebate in the cost
of land allotted to an IT Industry @ 0.25% of the
cost of land per job created subject to certain prerequisites.
Industrial Areas
The State has at present three Industrial Area Development
Authorities with Head Quarters at
These authorities are responsible for acquisition of
land, development of infrastructure facilities like
road, drainage, park, water supply, public utilities,
etc. within their jurisdiction. It is contemplated to
establish an Industrial Area Development Authority for
Santhal Pargana with head quarters at Dumka.
Useful Web Links
Official
Website of Government Of Jharkhand
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