Haryana Offers Incentives for Industry in New Policy

Hindustan Times (New Delhi, India), August 12, 2015 | Go to article overview

Haryana Offers Incentives for Industry in New Policy


Chandigarh, Aug. 11 -- With a slew of incentives, the Haryana government on Tuesday unveiled its much delayed industrial policy on Tuesday with a focus on small and medium enterprises.

The government announced that no enhancement on account of land acquisition cost increase will be loaded on the allottees of industrial plots floated by the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) in future. The land cost enhancement will be borne by the HSIIDC by way of an indemnity cover created from the allotment money.

TIME-BOUND CLEARANCE

The policy puts in place a two-tier system for project clearances. The government will create the Haryana Enterprise Promotion Board (HEPB) having a governing council headed by the CM for overseeing time-bound clearances, sanctioning special packages for mega projects and clearing further policy initiatives. The council would comprise the finance minister, industries minister, tourism minister, public works minister, labour minister, environment and forests minister and chief secretary. Projects with an investment of more than '10 crore and involving change of land use (CLU) cases of more than 1 acre will be cleared by the empowered executive committee under the chairmanship of the principal secretary to the chief minister. Projects with an investment up to '10 crore and CLU cases up to 1 acre in conforming zones will be cleared by the district-level clearance committee headed by the deputy commissioner.

ONLINE CLEARANCE

A system of online clearances will be also put in place by creating an e-biz Haryana portal from October 1. The government has notified 85 services under the Right to Services Act under the revised Industrial Promotion Act for ensuring deemed clearances and 36 services are proposed to be notified. The government has identified 68 most-critical services for industries which will go online on e-Biz portal by December 31.

INFRA FUND

A special infrastructure corpus of about '100 crore will be created for provision of last-mile road, water and power connectivity as decided by the Haryana Enterprise Promotion Board (HEPB), especially for mega projects and clusters in backward blocks for projects in aerospace, defence, electronics manufacturing and clusters under thrust areas and rural functional clusters or any other areas/sectors as decided by the HEPB.

SKILL-DEVELOPMENT VARSITY

The state government will also set up a skill development university in collaboration with the Union ministry of skill development through identified training providers using existing infrastructure of government institutes on nominal lease with minimum 70% placement guarantee. The new policy proposes creation of innovation campus at cost of '4 crore and operational expenditure support of '1 crore for three years along with creation of additional seven incubation centres at the cost of '30 lakh each in seven universities in Haryana.

RURAL BPOs

The policy lays down setting up of rural business process outsourcing (BPO) centres in university towns like Rohtak, Hisar, Kurukshetra, Sonepat and Sirsa where skill development training will also be provided to youngsters. …

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