The Chhattisgarh Cabinet on Friday endorsed the State’s ‘New Industrial Policy 2014-19’ here. The approval to the policy was accorded in a meeting chaired by Chief Minister Raman Singh at the Mantralaya.
After the meeting, the Chief Minister provided detailed information about the Cabinet decisions. He said that the policy includes the provision of subsidy worth Rs5 crore for establishing an industrial park in the private sector. Provision of establishing ‘land Bank’ over 10,000 hectares for various industries has also been included in the policy, Singh stated.
Moreover, to promote bicycle manufacturing, pharmaceuticals, electronic products, textile industries etc, these industries will be included as ‘Priority’ in the new industrial policy. The prescribed limit for mega project will be reduced for these industries, so that they may get benefits of mega-project on lesser investment, he said.
Under the new industrial policy, the Chief Minister Cluster Development Scheme will be initiated, under which the State Government will provide Rs50 lakh as subsidy. Singh said that on the lines of ‘Make in India’ concept, the State Government will implement ‘Make in Chhattisgarh’ policy under which manufacturing units of the related industries will be promoted with priority.
The domiciles of Chhattisgarh will be encouraged to set up their own enterprises and they will also be provided better employment opportunities, he said. Capital investment in the State will be promoted by making industry competitive in comparison to other States.
Weaker sections of society such as Scheduled Caste, Scheduled Tribe, Disabled, Retired personnel, women and Naxal-affected families will be given preference under the policy. The mineral, forest and other resources available in the State will be naturally conserved, Singh said.
For skill improvement of permanent residents of the State, participation of industries will be ensured, he said. In the meeting, the Cabinet has decided to declare city route— District Raipur to Abhanpur, Rajim, Mandir Hasaud and Aarang to Naya Raipur till Mantralaya and District Headquarters- Dhamtari, Kabeerdham, Jashpur, Kanker, Gariaband, Balod, to nearby cities and towns of Mahasamund as adjacent routes for city bus services.