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Department of Industry

Government of Jharkhand

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Home » STRATEGY
WHY INVESTMENT IN JHARKHAND
  • Jharkhand CSR Council
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  • Revised Venture Capital Scheme for Agricultural Business Development (2012-2017)
  • Availability of Minerals
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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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STRATEGY

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JHARKHAND INDUSTRIAL POLICY 2012

3.         STRATEGY :

3.1             Creating and enabling environment for development of industrial and related social infrastructure.

3.2             Development and operationalisation of Industrial Facilitation Mechanism (Single Window System) for "time-bound clearance".

3.3             Rationalisation of fiscal concession and benefits.

3.4             Striving to put in place appropriate arrangements for ensuring timely and adequate flow of credit to industries, specially the MSE sector.

3.5             Assist Industrial Sector in their marketing efforts by providing adequate support services backed by appropriate enabling provisions in the legislations / rules.

3.6             Thrust to entrepreneurship development programme.

3.7             Emphasis on small power generating units and developing non-conventional sources of energy using clean technology through private participation.

3.8             Development of ancillary units by major industries.

3.9             Institutionalisation of Monitoring, Evaluation and Grievance Redressal  Mechanism.

3.10         Implementing the concept of Public-Private-Partnership (PPP) in industrialization especially in Infrastructure Development / Industrial Area Development / Industrial Park / Human Resource Development / Service Sector etc.

3.11         To develop Human Resources with appropriate scientific, technical and managerial skill to suit the requirement of local industries and gain maximum employment. Adoption of existing technical institutes under Government by Mega Investors under their Corporate Social Responsibility (CSR) programme will be encouraged to achieve the objective.

3.12         Setting up new Industrial infrastructure dedicated to steel, automobile, food and agro-processing, electronics, information and communication technology etc. including through new organizational forms such as Knowledge Cities, Centers of Excellence, Incubation Centers, SEZ etc.

3.13         Marketing assistance to be provided to small, tiny, cottage industries, handloom, sericulture and handicraft.

3.14          Identification and revival of sick units, including prevention of sickness by developing a district level monitoring system.

3.15         Promoting cluster based development of MSMEs either on their own or with mother industries for bringing about more production efficiencies, branding and bringing about economies of scale.

3.16         Thrust on development of MSME Sector through attractive package of Incentives and Concessions including implementation of MSME Act 2006.

3.17         Modification of Rehabilitation & Resettlement Policy (R&R Policy), 2008.

3.18         To develop quality infrastructure including road, water, land, power etc and provide it at the doorstep of industries for encouraging industrial growth.

3.19         Special incentives are proposed for women, SC/ST entrepreneurs.

3.20         To make industries technically competitive, special incentives are proposed for adoption of latest technologies, getting quality certification like BIS, ISO 9000/ 14000 or other national or international certification.

3.21         Awareness programmes on export marketing and other related issues will be organized in association with MSME Development Institutes / EAN India and local chamber of commerce and association to sensitize and encourage exporters for export promotion.

3.22         Government proposes to facilitate setting up of effluent treatment plants and hazardous waste management plants in various industrial estates and clusters with private sector participation. Efforts will also be made for value addition to some industrial wastes including minerals lying as wastes at pit-head / mines site.

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Last Updated : 17-02-2021