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JHARKHAND STATE INDUSTRIAL POLICY 2001
4.0 INFRASTRUCTURE
4.1The Government has carefully considered the United Nation Development Programme - Country Co-operation Framework fro India Report, 1997-2001. Infrastructure is the most critical component for ensuring industrial growth. Accordingly, the Government would take suitable steps to provide an appropriate framework for private sector participation in infrastructure development in the State.
4.2An Industrial Infrastructure Development Board (IIDB) is proposed to be setup under the Chairmanship of the Chief Minister with the Minister, Industries as Vice Chairman and the Secretary, Industries as Member - Convener to :
a.Identify key infrastructure requirement, Ensure submission of specific projects/ proposals in time bound manner, Prioritise public investments in these projects/proposals, Decide on the modalities on external funding including private funding/investment, and
b.Review the executions of the project.
4.3The State Government would actively encourage both Indian and Foreign private investment/ participation in infrastructure projects. The Government would also be prepared to participate in joint ventures for infrastructure development, In suitable cases the Government shall actively consider providing land at concessional rate or free of cost.
4.4The Government would take specific measures for development of sectoral clusters taking into account the needs of the targeted industries. The state has already accepted the concept of BOT, BOOT, BOLT and would evolve comprehensive guidelines for various model of projects for funding and operating such infrastructure projects with private investment on a commercial format. The enabling provisions would suitably be included in the concerned legislation, wherever required.
4.5The State would encourage Financing Institutions and private sector to establish and maintain industrial growth centres/ industrial areas/ Export Promotion Industrial park/ Special Economic Zone/ and such other infrastructure projects.
