Taking leaf out of Prime Minister Narendra Modi’s “Make in India” concept, Chhattisgarh had designed its new industrial policy aimed at inviting investors to manufacture the product in the mineral-rich state.
“Make in Chhattisgarh will be the main attraction of new Industrial Policy to fulfill the dreams of Prime Minister Narendra Modi’s Make in India,” Chhattisgarh Chief Minister Raman Singh said. He was chairing the meeting to give final shape to the new industrial policy of Chhattisgarh that would be valid till 2019.
The first Industrial Policy of Chhattisgarh state was unveiled on November 1, 2001. The second Industrial Policy was introduced on November 1, 2004 with a validity of five years. The Third Industrial Policy was implemented during 2009-2014. The new Industrial Policy 2014-19 is likely to be launched on November 1 to commemorate Chhattisgarh’s foundation day.
Singh said under the previous industrial policies, Chhattisgarh had invited huge investment in core sectors like steel, power, cement and aluminium. About 120 Memoranda of Understanding were signed since the inception of state and 60 proposals had been implemented and expanded. The remaining proposals are under various stages of implementation.
The State had achieved new heights in the core sector. Singh said the main focus was now on the none-core sector like agriculture, automotives, alternate energy, information technology, pharmaceuticals, health care, and tourism. The Global Investors Meet was held in 2012 in non-sector segment for the first time. He added that locals should be provided jobs in the industries and more avenues should be created besides encouraging the youths to start their own industries.
In the proposal industrial policy, the state government was planning was create a land bank for mega industries, special packages for the deprived sections of the society, revival of the sick and closed industries and land acquisition for small-scale industries around the proposed Rail Corridor and Dallhi-Rajhara-Rowghat-Jagdalpur railway line.