KNOW INDIA  

INDIAN STATE : CHHATTISGARH

Government Policies

New Industrial Policy (2004-2009)

Objectives of the Policy

  • Create additional employment opportunities by accelerating the process of industrialization in the state.
  • Ensuring maximum value addition to the abundant, locally available mineral and forest based resources.
  • Ensuring balanced regional development by attracting industries in the economically backward areas of the state.
  • Make industrial investments in the state competitive vis-à-vis other states in the country.
  • Promote private sector participation for creation of industrial infrastructure in the state.
  • Create an enabling environment for increasing industrial production, productivity and quality upgradation to face the challenge of competition emerging from economic liberalization.

Strategy of the Policy

  • Ensure availability of necessary basic industrial infrastructure like rail-road, power, water, etc.
  • Encourage private sector for providing quality infrastructure in the least possible time.
  • Establish new industrial areas, expand the existing industrial areas and to improve available services therein.
  • Set up special industrial parks to provide common infrastructure and services by adopting cluster approach for the development of industries, which have not been developed in spite of availability of necessary resources.
  • Identify and promote such non-traditional industries for which good potential exists in the state due to availability of necessary resources.
  • Establish an effective system of "single point contract" and "time bound clearance" for providing requisite facilities, services and statutory clearances
  • Provide special directed incentives to encourage establishment of industries by the weaker classes and in the economically backward areas of the state.
  • Provide special incentives to small scale and cottage industries to create employment opportunities in the industrial sector in the least possible time throughout the state.
  • Provide incentives to industrial units for technology upgradation and modernization to enable them to face the challenges of global competition.
  • Make arrangements for skill improvement, training and guidance of younger sections to enable them to seek maximum possible employment.
  • Provide special package necessary for rehabilitation of sick and closed industrial units.
  • Establish an effective system of "single point contract" and "time bound clearance" for providing requisite facilities, services and statutory clearances for investment.

Directed Incentives under the Policy

  • Directed incentives will be provided for industrial investment in the state in the form of interest subsidy, infrastructure development capital investment subsidy, exemption from stamp duty, exemption from entry tax, allotment of plots at concessional premium in industrial areas, exemption from land diversion fee, reimbursement of project report expenses, quality certification subsidy, technology patent subsidy, interest subsidy for technology upgradation, etc.
  • Herbal medicine processing, auto components auto components-spare bicycle, aluminum based down stream products, food processing, pharmaceuticals, electronic products, white goods electricity generation from non-conventional sources are the "special thrust industries". These get higher rebate/concessions.
  • Service charges on land allotment reduced from 35 per cent to 15 per cent.
  • Infrastructure subsidy on capital investment up to 9 years equivalent to the commercial tax payment.

Full text of the policy

IT &ITES Policy

The state of Chhattisgarh recognizes the importance of Information and Communication Technology as a key enabler in its economic development and improving the quality of life. Information Technology has been identified as a special thrust industry and the IT policy of the state lays considerable stress on building a comprehensive IT infrastructure to facilitate the growth of the sector.

Objectives of the Policy

  • Establish Chhattisgarh as a leading destination of choice for IT investments.
  • Provide an enabling environment for a robust an enabling environment for a robust growth of local It industry in the state.
  • Leveraging IT for improving Governance in the state.
  • Planning and investing for the future of IT requirements.
  • Use IT as an enabler for development of non-It industries
  • Taking internet to masses for facilitating information access

Full text of the policy

Energy Policy

The state of Chhattisgarh is fortunate to have surplus electricity and has immense possibilities of coal based thermal power generation. Considering the abundant availability of coal in the state, Chhattisgarh can be developed as a "power hub" of the nation from where power could be exported to other to other states facing power deficit.

The state government has formulated the "energy policy" with the main objective of accelerating the pace of development of the state.

Full text of the policy

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