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Industrial Policy Of Uttarakhand |
Uttarakhand
The existing Industrial Policy was framed in the back-drop of potentialities and expectations of the newly created State of Uttaranchal. The policy focused on the sectors where Uttaranchal has inherent advantages e.g., Tourism, Hydro-power, Floriculture, Agro and Food processing, Handloom, Khadi and Village Industries etc. The Hon’ble Prime Minister of India during his visit to Nainital in March 2002 announced that a special package of incentives would be given to promote Industrial Development in Uttaranchal to offset the constraints that hampered this process. The package was formally declared on 7th January 2003. In the light of this package and seeing the interest already evinced by potential entrepreneurs, drawing lessons from the experience of our existing Industrial Policy and experience of other States, taking note of inputs received from the various stake holders and keeping in view the ground realities of liberalization, and allied trends of economic reforms, the State Government has found it expedient to formulate a New Industrial Policy. The aim is to provide a comprehensive framework to enable a facilitating, investor friendly environment for ensuring rapid and sustainable industrial development in Uttaranchal and, through this, to generate additional employment opportunities and to bring about a significant increase in the State Domestic Product and eventual widening of the resource base of the State. This will be termed as theNew Industrial Policy 2003, and shall remain in force for a period of 5 years.
Vision
- To create high quality world class infrastructure facilities in the State and enhance, in particular, connectivity to the National Capital Region (NCR) and other leading markets.
- To provide single window facilitation in the State to expedite project clearances and provide an investor friendly climate.
- To provide and facilitate expeditious land availability for setting Industrial ventures and Infrastructure projects.
- To promote and encourage private sector participation in the development and management of infrastructure projects such as Industrial Estates/Areas, Growth Centers, IIDCs, Special Economic and Commodity Zones and Parks, Theme Parks, Tourism infrastructure, development of new tourist destinations, Airports/Helipads/Airstrips, Roads, generation, transmission and distribution of power, and projects in the area of Horticulture, Floriculture, Bio-technology etc.
- To provide assured, good quality, uninterrupted and affordable power for industries.
- To simplify and rationalize labour laws and procedures in tune with the current day requirements, while ensuring that the workers get their due share in the economic prosperity of the State.
- To promote, in particular, Small scale, Cottage and Khadi and Village Industries and Handicrafts Silk and Handloom sector, assist them in modernization and technological up-gradation and provide the necessary common facilities and backward and forward linkages, including product design and marketing support so as to make them globally competitive and remunerative.
- To address problems of sickness and incipient sickness in Industry, particularly SSIs and facilitate required restructuring and rehabilitation, etc. in coordination with the Banks and financial institutions.
- To promote Industries based on local resources particularly in the Areas of Agriculture, Horticulture, Agro & Food Processing and Floriculture.
- To promote planned and scientific exploitation of the mineral resources of the State and maximize value addition within the State.
- To promote leading edge technologies and sunrise industries in the State in the areas of Information Technology and Bio-Technology.
- To promote public/private sector involvement in generation of power and strengthening of the transmission and distribution network.
- To promote Tourism as a focus area and develop Uttaranchal as a premier global tourism destination.
- To provide special attention for setting up industries in remote areas.
- To develop and strengthen air, road, rail and other connectivity.
- To develop Uttaranchal as a premier education and research centre by leveraging the presence of world-class Research and Technical Institutes existing in Uttaranchal.
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