1 Policies in Jharkhand

INDUSTRIAL POLICIES OF JHARKHAND
2 Major - Jharkhand Industrial Policy, 2001

Jharkhand Industrial Policy, 2012
JHARKHAND INDUSTRIAL POLICY, 2001
• In August 2001, Jharkhand Cabinet approved an Industrial Policy

effective from Nov, 2000 to 31st March, 2005.
Objectives :
• Maximising state resources.
• Promoting economic activities by increasing investments.
• Investment promotion (Domestic & foreign).
• To improve living standard.
• Identify priority sectors, and backward regions for industrial
growth.
• Balanced regional growth.
• Promotion of private sector.
• Export promotion.
• Simplicity in procedures by increasing administrative efficiency
(single window system).
• Protecting cultural heritage.
• Providing opportunities to marginalised sections especially STs,
SCs, OBCs and women.
The strategies outlined for achieving objectives which are as follows:
• Fiscal restructuring, infrastructure development.
• Creating an effective Single Window System.
• Ensuring credit flow to industries.
• Market development.
Bhadani nagar glass factory
• Revival of industries. Fertiliser- Sindri
• Modernisation of industries. Japla, Patratu are proposed
for revival.
• Development of entrepreneurship.
• Development of traditional skills and crafts.
• Establishment of specialised industrial parks.
• Land reform for industrial development.
1. Land & Industrial Development

Establishment of Jharkhand Industrial Infrastructure Development
Board
• Chairperson- CM
• Members -
# The main functions of this board is to increase domestic and

foreign investment in infra projects.
Govt. adopted BOT, BOOT & BOLT Joint Venture, Private
Participation investment models to increase investment.
# Land leases for 30 years offered to entrepreneurs for setting up
industrial units with options for renewal and rent revisions in every
decade.
# Land Bank - The govt. proposed the concept to establish land bank
at the district level.
# Amendments in CNT ACT, 1908 and Bihar Tenancy Act, 1949 for
the establishment of industrial and mining unit as well as
conversion of agricultural land for industrial purposes.
# District Collectors are empowered to lease a 5 acres of govt land

for industrial use.
2. Growth Centres :
Establishment of Growth Centres:
• The 1st Industrial Policy of Jharkhand proposed the
establishment of 3 tier Growth Centre
(i). MEGA Growth Centre
1st MEGA GC in Barhi (HZB) designed for rapid
industrialisation.
Facilities in Mega GC
• Highest slab of capital investment and interest
subsidies.
• Quality infrastructure support but greater priority in
power supply.
(ii). MINI GROWTH CENTRES
1. Tasar or Silk Park at Chaibasa and Godda.
2. Agro based food processing park at Ranchi and
Dumka
3. Plastic Park at Koderma. (Deoghar- 2012-check) (iii) Micro - ???
4. Electronic Park - Tatisilwe, Naamkum
5. Export Promotion Industrial Park - Dhanbad
6. Software Technology Park - Ranchi and Jamshedpur
3. Connectivity
(i). Transportational Connectivity
Establishment of
• Goods Handling Facilities at Ranchi, Bokaro, Dhanbad
and Jamshedpur with
• Ore loading facilities at Hiriburu (West Singhbhum), Still proposed
Lohardagga and
• All coal mining centres of CCL.
• Construction of 4 lane highways from Hazaribagh to
Bahargoda via Jamshedpur.
• Construction of a High Specification road from Ranchi
to Sahebganj to create a gateway to the Northeast.
• Setting up an Air Cargo Complex at Ranchi to boost
export oriented industries.
• Development of inland water transportation along the
Swarnarekha river and Ganga river to access the
seaport facility.
(ii). IT CONNECTIVITY
Focus on creating IT driven ecosystem, to enhance IT
literacy and development of IT infrastructure aiming for
full utilisation by 2010.
4. Power Development:
• Focus non conventional power sources to bridge demand-supply
gap.
• Encouragement of Private sector in power generation and
distribution.
• Tariff Management by State Electricity Board
5. Strategies for Export Promotion

• Govt has constituted a “State Level Export Promotion
Council” headed by the Chief Secretary.
6. Strategies for Institutional Financing

• Establishment of Jharkhand Industrial Finance and
Infrastructure Development Corporation.
• Agreement with some financial institutions like NABARD,
SIDBI, COOPERATIVE BANKS, COMMERCIAL BANKS etc.
to encourage them to finance Self Help Groups through
micro financing.
• Establishment of a state level Inter Institutional Committee
for effective coordination between financial institutions.
• Establishment of a Debt recovery and equitable mortgage
centres at all districts HQs.
Achievements:
GSDP grew 3 folds b/w
• The Gross State Domestic Produce has grew 3 fold between 2010-11 to 2020-21
2000-01 to 2010-11. i.e. - 9 fold growth b/w in
20 years since 2000
• Per Capita income has increased 2.5 times between 2000-01 to
2010-11.
• During the policy period Jharkhand has witnessed the
establishment of 26 mega industries, 106 medium industries and
more than 18,000 micro and small industries.
• During 11th 5 Year Plan steal productions surged from 8 to 12
million tonnes annually with Jharkhand contributing 20% of the
country’s total steal priduction.
• During the policy period Jharkhand holds the top position in
Tasar / silk production nationwide.
• The policy has led to the establishment and success of several
industry related organisations like -
JHARKHAND State Khadi Boeard (2004)
JHARCRAFT - 2006
JIIDCO - 2004
RIADA -
AIDA -
BIADA -
JHARKHAND INDUSTRIAL POLICY, 2012
The formulation of Jharkhand Industrial Policy, 2012 was influenced

by the success of Industrial Policy, 2001.
Objectives :
• The primary objective is to make Jharkhand as a preferred
investment hub by fostering sustainable industrial growth.
• Improving linkages between the large industries and MSMEs
for boosting manufacturing and downstream processing
• Optimising minerals and natural resources utilisation.

• Fostering rural industries like sericulture and handicraft
industries.
• To promote local skill based industries, eco-friendly
industries/sectors such as IT Software, Biotechnology,
Horticulture based food processing industries etc.
• Fostering innovation and reviving viable industries.
• Promoting balanced regional growths.
• Simplifying administrative procedures.

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INDUSTRIAL POLICIES OF JHARKHAND

2 Major - Jharkhand Industrial Policy, 2001

JHARKHAND INDUSTRIAL POLICY, 2001

• In August 2001, Jharkhand Cabinet approved an Industrial Policy

1. Land & Industrial Development

# The main functions of this board is to increase domestic and

# District Collectors are empowered to lease a 5 acres of govt land

5. Strategies for Export Promotion

6. Strategies for Institutional Financing

The formulation of Jharkhand Industrial Policy, 2012 was influenced

• Optimising minerals and natural resources utilisation.

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