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Department of Industry

Government of Jharkhand

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Home » Objective
WHY INVESTMENT IN JHARKHAND
  • Jharkhand CSR Council
  • Jharkhand Automobile Policy(DRAFT)
  • District-wise Skill Mapping in Jharkhand
  • Revised Venture Capital Scheme for Agricultural Business Development (2012-2017)
  • Availability of Minerals
  • Industrious Workforce
  • Logistical Advantage
  • Numerous Supporting SSIs
  • R&D Facilities
  • Manpower availability
  • An Existing Industrial Base
INCENTIVES TO ENCOURAGE INVESTMENT IN JHARKHAD
  • Numerous incentives for promoting industrialization are being provided as laid out in the Industrial Policy.
  • Special packages for new projects with investment more than Rs.50 crores.
  • Encouragement to Foreign investments and technological collaborations by OCBs and NRIs in selected sectors
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INDUSTRIAL POLICY 2001
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Objective

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JHARKHAND INDUSTRIAL POLICY 2012

2.         OBJECTIVE : 

2.1       To convert Jharkhand into a favoured destination for investors and to promote sustainable Industrial growth of the State.

2.2       To establish linkages between large industries and MSME/ ancillary industries.

2.3       To give a boost to manufacturing activity and develop downstream processing industries for consumer durables, engineering goods etc in major industrial pockets.

2.4       To facilitate optimal utilization of states mineral and other natural resources.

2.5       To accelerate the growth of sericulture, handicraft, handloom, khadi and village industries etc. in rural areas for achieving the objectives of employment generation, utilization of local                     resources and exploiting the export potential of finished products. Efforts would be made to take steps to protect and promote rural handicrafts so as to conserve and enrich cultural                     heritage, traditions and customs of the region.

2.6       To promote skill-based, environmental pollution free industries like IT, Biotechnology, Tourism etc.

2.7       To utilize the advantage of the state in horticulture, floriculture and food processing industries.

2.8       To ensure participation of scheduled tribes, schedule caste and other underprivileged sections of the society in the industrial development.

2.9       To set up clear and creditable specific measures to improve the investment climate.

2.10     To promote innovation and technological upgradation of industrial units for improved production, product and productivity.

2.11     To revive viable sick units.

2.12     To ensure Balanced Regional Development so as to prevent socio-economic distortions due to backwardness of any region.

2.13     To develop industrial parks / clusters / industrial areas in PPP mode.

2.14     To simplify the 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.

2.15     To promote private investment in engineering colleges / medical colleges / nursing Institute / management institutes under Human Resource Development programmes and other skill                   development programmes.

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Last Updated : 17-02-2021