·      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

 

30.       INDUSTRIAL SICKNESS

 

30.1    Revival of willing and viable sick industries is among the priorities of the State Government. The State government has helped revival / rehabilitation of a number of Industries in the past. As many as 49 small scale units and 3 medium and large scale industries have been provided assistance by the State Government under revival / rehabilitation scheme.

 

30.2    The State Government intends to take the following measures for prevention of sickness and revival of willing and viable sick industries.

           

30.2.1 Periodic coordination meetings with the industrialists / entrepreneurs and financial institutions at the IADA level under the Chairmanship of Managing Director for industries under their command area and at the divisional level under the Chairmanship of the Divisional Commissioner for the rest of areas shall be reviewed to ensure early detection of sickness / problem, and preventive measures for the same shall be taken.

 

30.3    Industrial Sickness in Micro and Small Entreprises (MSE)

           

30.3.1 For the revival of willing and viable Micro and Small units, the State Government proposes to form a State Level Apex Body with Director of Industries as its head to consider such revival efforts.

 

30.3.2 The State Level Apex body for rehabilitation of sick industry would recommend required restructuring of management, funding etc for approval of Government under existing provisions.

 

30.3.3 The sick Micro and Small units would be identified by such Apex body w.e.f. such date as per the guidelines issued by RBI. Appropriate packages of relief and concessions for such units would be approved for their rehabilitation. The units declared sick by such body and opting for rehabilitation shall be eligible for relief and concessions by banks and financial institutions, as per the guidelines of the RBI within a specified time frame.

 

30.3.4 Such units shall be eligible for all incentives on fresh and new investment for revival, available to new units under this policy, provided the unit has not availed incentives as a sick unit under any earlier industrial policy.

30.3.5 Sick units shall be allowed full rebate on delayed payment surcharge during the period of sickness, if it is included in the dues of Electricity Board.

30.3.6 In case of disconnection of electricity, the sick unit shall be exempted from AMG charge and other contractual guarantee charges for the period of disconnection.

30.3.7 The balance amount of electricity dues of such sick unit after deduction of the aforesaid amount shall be paid by the unit in such instalments as may be determined by such Apex body on case to case basis without any delayed payment surcharge. However, if such unit fails to pay any instalment in time, for such delay in payment, it shall be liable to pay delayed payment surcharge for such duration at the rate fixed for such delayed payment surcharge.

30.3.8 The Apex body shall periodically monitor the progress of the revival package and it shall recommend to the Government for approval of such actions as it may deem fit against the defaulting party including the unit and / or other departments / insititution.

30.3.9 The State Level Apex Body would comprise of such persons / organizations as may be notified by the State Government from time to time and published in official gazette, in which Finance Department / Commercial Tax Department / Energy / Institutional Finance shall be necessarily represented.

30.4    Revival / Rehabilitation of Sick Medium and Large Industries

30.4.1 A committee with Secretary, Industries as its head will be constituted by the State Government to evolve suitable measures for revival of viable sick industrial units including State Public Sector Undertakings in large and medium sector.

30.4.2 The Committee shall make an assessment of sick / closed State Public Sector Undertakings and for revival of technically and economically viable such undertakings, recommend adequate measure which may include manpower rationalization / disinvestment / financial restructuring etc.

30.4.3 For any financial incentive to medium and large units, beyond the provisions of the present industrial policy, there will be a State level Empowered Committee under the Chairmanship of Chief Secretary for taking financial decision on the recommendation of the Committee (mentioned in sl. 30.4.1). The Committee will also consist of representatives from Finance, Planning and Development, Energy and will be notified separately.

30.4.4 Sick Medium and Large Scale Units will be required to approach BIFR for being declared sick. Subsequently, concessions and facilities identified under the scheme of rehabilitation prepared by BIFR or by state Level Inter Institutional Committee of RBI (SLIIC) would be placed before the committee  headed by Secretary, Industries for consideration and recommendation to Government through State Level Empowered Committee (SLEC) for approval.

30.4.5 Rehabilitation measures for sick / closed but potentially viable industrial units may inter-alia include financial support / relief and concessions or sacrifice from various Government Department / organization and or additional facilities including allocation of power from SEB / DVC and any other agency / statutory body / local authority.

30.4.6 Such closed and sick industrial units which have earlier already availed various facilities due to its sickness would not ordinarily again get facilities unless the State Government may decide to extend such facilities in public interest on case to case basis.

30.4.7 Sick units can avail exit policy of Industrial Area Development Authorities of the State after approval of competent authority.

30.4.8 Govt. of India is in the process of finalization of a scheme for rehabilitation of sick, micro, small and medium enterprises by setting up a Rehabilitation Fund. Accordingly, the State would suitably modify its scheme, taking advantage of the Revival and Rehabilitation Scheme of Govt. of India for sick units.

 

 

Designed and Developed by National Informatics Centre, Jharkhand State Unit
Content Owned, Provided and Updated by Department of Industry, Jharkhand