Bhupinder Singh Hooda, Chief Minister of Haryana on 30 December 2010 approved
"Industrial & Investment Policy-2011" of the state.
The highlights of the policy include the following:
- The policy endeavours to encourage development of the hinterland areas of
the state. Using a Development Block as a defining unit, the entire state has
been divided into (A) industrially developed blocks, (B) areas with
intermediate development and (C) industrially backward areas
- The Agro & Food Processing sector has been accorded a special focus
through a number of incentives - viz reduction in Stamp Duty and CLU (change
of land use) charges for the units established in the backward areas,
exemption of market fee on fruits and vegetables, among others. These measures
are expected to lead to promotion of industry in this sector and help the
farmers by way of increased demand and better price realisation for their
produce and further catalyse localisation of the agricultural output and
economic development activities in such areas
- The policy focuses on development of industrial estates in backward areas
with the involvement of private sector under the PPP model. This measure is
expected to open new areas to investment
- The existing Land Acquisition Intervention Policy of May 2006 has been
modified. The existing policy provided for acquisition of land to the extent
of 25 per cent in the NCR areas and up to 50 per cent in rest of the areas.
Under the new norms, the state government will facilitate acquisition of land
for the private developers mainly for the purposes of enabling contiguity of
project areas. The scale of intervention has been reduced to the level of 10
per cent of the project land in Category 'A' blocks, up to 20 per cent in
category 'B' blocks and up to 30 per cent in the category 'C' blocks
- Apart from state agencies like Haryana State Industrial and Infrastructure
Development Corporation (HSIIDC), the state will also involve the private
sector in development of industrial infrastructure in the backward areas under
the PPP model. This will help in taking development/ investment opportunities
to new boundaries
- The policy also provides for transfer of management of industrial estates
developed earlier by Haryana Urban Development Authority and the Industries
Department to the HSIIDC to ensure up-gradation and maintenance of
infrastructure facilities and services
- Focused Sectors for investment include Agro-based, Food Processing and
Allied Industry, Automobile and Automotive components, Education and Skill
Development, Electronics, Information and Communication Technology, Footwear
and Accessories, Handloom, Hosiery, Textile and Garments Manufacturing, Health
and Healthcare, Pharmaceutical Industry, Research and Development and Frontier
Technologies, Transport Network and Services, Waste Processing and re-cycling
Industry
Related Links:
Industrial &
Investment Policy-2011