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Department of Industry

Government of Jharkhand

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Home » Strategy
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
  • Introduction
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Strategy

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JHARKHAND STATE INDUSTRIAL POLICY 2001

3.0     STRATEGY
(i)Rationalise fiscal concessions.
(ii)Provide adequate good quality infrastructural support at a resonable cost for efficient functioning of the industrial sector.
(iii)Amend laws/rules for encouraging private sector participation in various sector.
(iv)Simplify rules, regulations and procedures to remove bottlenecks for smooth functioning of the industrial sector.
(v)Improve the quality of services to entrepreneurs with sharp focus upon SC/ST catagories, handicapped and women to encourage them to actively participate in the developmental process.
(vi)Introduce latest scientific data collection system to make the planning process more realistic.
(vii)Make the "Single Window System" more effective at the district, the industrial area and Stste level.
(viii)Strive to put in place appropriate arrangements for ensuring timely and adequate flow of credit to industries, specially the SSI sector. (ix)Assist Industrial Sector in their marketing efforts by providing  adequete suuport services backed by appropriate enabling provisions in the legislations/ rules.
(x)Facilitate availbility of technical and financial support for modernisation through incresed access to Reseach & Development facilities.
(xi)Give thrust to entrepreneurship development through Establishment of Enterpreneur Developmnt Institute( EDI) and other specialized institutions.

(xii)Diagnose incipient sickness and initiate timely measures for revival of sick industries and develop a monitering system at district level to avoid sickness in industry.
(xiii)Identify the area of concentration of traditional skills and provide training, improve design, technological backup and marketing support. Development of "Craft Villages" and organising "Craft Bazaars" to provide adequate market access to artisans and craftmen.
(xiv)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.
(xv)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.
(xvi)Emphasis on small power generating units and developing non-conventional sources of energy through private participation.
(xvii)To encourage development of consumer oriented industries such as Plastic, Herbs, Drugs, Leather, Handloom, Handicrafts, Khadi, etc.
(xviii)Issue of notifications by various concerned Departments to give effect to the strategies of the policy.
(xix)Institutionalisation of Monitering and Evaluation mechanism.
(xx)Mid-term review of implementation of this policy to ensure timely and appropriate corrective actions.

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Last Updated : 23-05-2022