·      Introduction

·      Objective

·      Strategy

·      Land

·      Mines

·      Water

·      Infrastructure

·      Human Resources Development

·      Skill Development

·      Entrepreneurship Development

·      Incubation Centre

·      Industrial Area Development Authority

·      Development of New Private Industrial Area

·      Industrial Corridor

·      Industrial Parks

·      Special Economic Zone

·      Cluster Development

·      Micro Small and Medium Enterprises (MSME)

·      Value Addition

·      Promotion of Sericulture, Handloom & Handicraft

·      Textile and Apparel

·      Promotion of Agro Food Processing based Industries

·      Automobile and Auto Components

·      Energy

·      Promotion of FDI

·      Information Technology / Bio Technology

·      Tourism

·      Film Industry

·      Export Promotion

·      Industrial Sickness

·      Industrial Finance

·      Incentives & Concession

·      Expansion / Modernisation / Diversification

·      General Provisions

·      Date of Production

·      Memorandum of Understanding (MoU)

·      Facilitation

·      Monitoring & Review

·      Power of the State Government

·      Annexure – I

·      Annexure – II

·      Abbreviation

JHARKHAND INDUSTRIAL POLICY 2012

 

31.       INDUSTRIAL FINANCE

 

31.1    The Government appreciates that inadequate industrial finance is the biggest bottleneck in the rapid growth of the State. The Government intends to take such measures, which would promote easy flow of finance to industrial units and entrepreneurs.

31.2    The State Government shall make efforts to ensure opening up of Regional / Controlling offices of Banks / Financial Institutions and posting of senior officials having sufficient delegation of powers to enable speedy credit decisions on the spot.

31.3    The lead banks in their respective districts would take up preparation of “Industrial Credit Plans” at the district level to accelerate the flow of credit to the industry sector with emphasis on SSI, Tiny and Cottage Industries for which separate targets would be fixed.

31.4    The State Government would make efforts to open specialized SSI bank branches in the State to cover all districts having concentration of SSI units, in a time bound manner.

 

31.5    The State Government shall also invite Private Sector Banks / Financial Institutions to provide financial services to various industrial units.

31.6    A State level Banker’s Committee (SLBC) has been constituted to provide adequate interfacing between State Government and State Level Institutions on one side and RBI, Banks and Term Lending Institutions on the other. This committee provides a useful forum for exchanges of information and discussion on the problems faced by the small and medium scale industrial units and small entrepreneurs. This committee also deals with the problems relating to co-ordination between banks and financial institutions as well as regarding the provision of adequate infrastructure facilities to industrial units, in addition to the general problems relating to grant of credit to such units.

31.7    To facilitate easy flow and recovery of micro credit, financial institutions such as NABARD, SIDBI, Co-operative Banks, Commercial Banks etc would be encouraged to extend credit to Self Help Groups (SHG).

31.8    The State Government would take necessary steps to facilitate empowering of the commercial banks and funding institutions to ensure speedy and expeditious recovery of the credit extended.

 

 

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