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INDIAN STATE : TRIPURA

Policy Framework

Tripura Industrial Investment Promotion Policy,2007

Vision of the policy

We aspire to convert Tripura into the preferred destination for industrial and trade activities, thereby affording to State and its people –

  • Economic development and improved living standards.
  • Better employment & self-employment opportunities.
  • Optimal utilization of natural and physical resources.

Mission

Tripura act as the integrator and catalyst for opportunities in the industries and trade sector;across micro,small-scale, medium and large scale units;and for internal and international trade and commerce.

Full text of the policy

State Bamboo Policy

Vision of the Policy

To realize the economic, social and environmental potential of the bamboo resource of Tripura,develop it into one of major economic sectors of the State, and provide employment and income generating activities for the tribals and rural poor. This vision will be implemented on a sustainable economic development basis so that market and ownership systems not only halt the process of further degradation of bamboo resources, but lead to an increase in the quantity and quality of bamboo resources, to meet the present and prospective requirements of bamboo users including the environmental needs of the State.

Goals

The main goals of the policy which stem from the vision are:

  • Development and implementation of a sustainable community based production model with concomitant benefits for forest conservation.
  • Development and implementation of an economic development program using bamboo for spurring industrial development.
  • Enhancing employment and income generating opportunities for tribals and rural poor using bamboo as the prime resource.

Full text of the policy

Information Technology Policy 2000

The IT Policy has three broad missions:

  • Development of human resource for IT through adoption of IT education in educational institutions of Tripura.
  • Promotion of electronic governance for
    • Efficient and effective delivery of government services
    • Improved revenue collections
    • Improving financial management
    • Better dissemination of information on government functions, through setting up of Information and Facilitation centres (IFCs) and hosting of websites.
  • Positioning the state as an attractive location for investment by global and national companies through attractive packages. This will be with an objective to create employment potential in the state in IT industries.

It would be the objective of the government to limit its role in the development of IT industry as a facilitator - providing infrastructural support, interfacing with related institutions within India and outside and providing necessary incentives / concessions to encourage private initiative in the IT sector.

Incentives for IT Industries

The Government of Tripura has already a package of incentives to set up any industry in Tripura. In addition to these incentives, the following incentives are proposed to be given to encourage young entrepreneurs to set up industry, especially for software development, in Tripura:-

1. The Government of Tripura will give the same status to the sector of IT-enabled services as is given to the sector of software development.
2. IT software industry will be exempted from locational regulations.
3. The IT Software industry will be exempt from the provisions of certain acts/ regulations, like Pollution Control Act, Factories Act and Contract Labour (Regulation) Act to facilitate easy setting up of software units.
4. Department of Industries & Commerce shall create a separate area for setting up the units for major IT companies. This area shall be designated as an IT Park. The State Govt. would provide basic infrastructural facilities at the Designated IT Park, including uninterrupted power supply. In case the unit wants to set up its own captive power generation, no permission would be required from any agency for DG sets up to 50 KVA. The land may be allotted in these areas at concessional rates for IT units, subject to their giving employment to a minimum of 20 persons from the State.
5. The State government will also set up a Software technology Park in Agartala with the help of STPI, a registered society under Department of Electronics (Ministry of Information Technology, Govt of India). In this park, provisions will be made for single - window clearance for software development units to be set up, as per the existing schemes of Government of India. The State government will administer the Software Technology Park through a designated agency / corporation.

Full text of the policy

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