Vision & Mission
The State Government endeavours to work towards rapid economic growth with
regional balance to bring about prosperity in the state. One of the priority
areas of the government is to create a favourable investment environment for
increasing industrial production and to create employment opportunities.
The New Industrial Policy (2004-09) proposes to add maximum value to state's
abundant natural resources. The policy aims to provide necessary infrastructure
for investment, reducing the cost of production for the investor and ensuring an
investor friendly administration.
Industrial policy
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To create additional employment
opportunities by accelerating the process of
industrialisation in the state
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To create enabling environment for ensuring
maximum value addition to the abundant, locally
available mineral and forest based resources
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To ensure balanced regional development
by attracting industries in the economically
backward areas of the state
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To make industrial investments in the state
competitive vis-a-vis other states in the country
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To promote private sector participation for
creation of industrial infrastructure in the state
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To create an enabling environment for increasing
industrial production, productivity and quality
upgradation to face the challenge of competition
emerging from economic liberalisation
Directed incentives will be provided for industrial investment in the State
in the form of interest subsidy, infrastructure development / capital investment subsidy, exemption from electricity duty, exemption from stamp
duty, exemption from entry tax, allotment of plots at concessional premium in
industrial areas, reimbursement of project reports expenses, quality
certification subsidy, technology patent subsidy, interest subsidy for
technology upgradation etc.
Directed incentives provided in this policy will be available to new
industrial projects and to those industrial units which expand their production
capacity.
Public sector undertakings will be encouraged to form joint ventures,
particularly in the area of mining, with the private companies making investment
for value-addition within the State.
Private sector participation in infrastructure building will be encouraged,
particularly in basic infrastructure like roads, power, water supply, housing;
industrial infrastructure such as development of industrial areas and parks,
cluster development; logistics infrastructure like air-cargo complex, inland
container depot, warehousing, logistics hub; and social infrastructure like
health, education, tourism.
An action plan will be prepared for promotion of export oriented units to be
implemented by availing of the benefit of various export promotion schemes of
the Government of India. Initiatives will be taken for creation of
infrastructure necessary for promotion of exports. Assessment of state's export
potential will be undertaken through a national level institute / agency.
To attract investment by non-resident Indians, arrangements will be made for
inviting them individually, and in groups, and organising their meetings /
dialogue with the local entrepreneurs.
Financial incentives will made available to industrial units to encourage
technology up-gradation, patent registration and R&D. Additional financial
incentives will be provided for investment by non-resident Indians and for
foreign direct investment.
Monitoring of implementation of the Industrial Policy will be done by the
State Industrial Investment Promotion Board and its high powered
inter-departmental committee.
Human resource policy
An assessment will be made of the existing training facilities and the future
requirement of skilled man power in the State and measures will be taken to meet
the gap between the requirement and the actual availability. The State Government
will provide incentives to increase the presently available specialties in the
training institutions, both in the private and government sector.
Efforts will be made to involve the private sector and the owners of existing
industrial units to set up new technical institutions. For this purpose, in
addition to concessional land, other necessary assistance will also be provided.
Mineral policy
The State's Mineral policy aims at creating a conducive business environment
to attract private investment in the sector. The initiatives taken under the
policy include:
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Simplification of mining laws and leases
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Preference in sanction of leases for minor minerals
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Implementation of Granite Conservation & Development Rules, 1999
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Speedy addressal of infrastructure constraints
for mining activity by Chhattisgarh Infrastructure
Development Corporation
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Constitution of Chhattisgarh Mining Corporation
IT policy
The State's IT and ITES policy aims to leverage the potential of Information
Technology for rapid social and economic development to significantly improve
the quality of life for its citizens. It also aims to establish Chhattisgarh as
the leading destination of choice for IT Investment and promote the growth of
local IT industry in the state. Some of the key initiatives taken by the
government are:
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Incentives to IT industry
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Constitution of high level committee for grant
of No-Objection Certificate through single
window system
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Creation of a distinct budgetary head of account
for IT-related activities in the annual state budget
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Encourage public-private-partnership policy for e-Governance
The state government is also taking steps to promote IT in various aspects of
governance. These include:
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Linking all districts with optical fibre cables and ensuring that
all district centres have internet facilities
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Linking 63 treasuries and sub-treasury offices in the state
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A Memorandum of Understanding (MoU) with the Indian Institute of
Technology, Kanpur to promote e-governance in the state and using IT for
economic and technological development, and enhancing the skills of faculties
at education institutes in the state
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Provided land at concessional rates to all universities imparting
IT education
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Compiling data for a geographical information
system with the help of the Indian Space
Research Organisation at an estimated cost
of US$ 4.5 million
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Computerising land records. Till August 2003, land
records of 19,466 villages of the state's 19,995
villages were computerised
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The Government has also set up a nodal agency,
CHiPS to propel IT growth and implementation
in the state.The agency is headed by the chief
minister and is responsible for implementing
the state-wide' Chhattisgarh Online Information
for Citizen Empowerment' (CHOiCE)
e-Governance project
Tourism policy
Chhattisgarh has a rich cultural heritage and attractive natural diversity.
The state government has taken a conscious decision to create a unique
image for the state and position it as an attractive destination for both
domestic as well as foreign tourists. Some major objectives of this policy are:
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Integrated development of special tourism areas
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Promote private sector initiatives in developing tourism-related infrastructure
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Promote eco-tourism, adventure tourism,
culture-heritage and ethno tourism
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Setting up the State Tourism Promotion Board
as a nodal agency to promote tourism
Biotech policy
Biotechnology has been identified as a thrust sector in the State's
Industrial Policy. The Bastar region is one of the richest biospheres in India.
The state is endowed with about 22 varieties of forest and is extremely
rich in aromatic plants used in herbal medicine .The state has vast land of
virgin biosphere reserves. Its biotech policy has the following objectives:
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Focus on thrust areas viz.
Agri-biotechnology, Health care,
Bioinformatics, Industrial and Environment biotechnology
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Creation of a Biotechnology Fund with an initial
corpus of US$ 7 million
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Providing infrastructure for biotechnology industry through
setting up of biotechnology parks and bio-villages
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Human resource development through introduction of biotechnology
in technical education institutions and industry partnered educational
programmes
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Incentives for bio-technology industry
e-Governance
The State Government proposes to put in place the system of "single point
contact" for according approvals and clearances for investment. For this
purpose, an administrative complex will be built in the State capital Raipur to
house all the agencies connected with industrial investment promotion.
With a view to create enabling environment for promotion of industrial
investment, an institutional arrangement will be put in place by constituting a
State Level Industry Advisory Board headed by the Chief Minister for periodic
consultation and interaction with industrial associations, investors, subject
experts etc.
District Investment Promotion Committees and the State Industrial Promotion
Board constituted under the Chhattisgarh Industrial Investment Promotion Act,
2002 will be strengthened for effectiveness. The system of deemed approvals in
cases of failure of concerned government agencies to accord investment
clearances within the specified time limit will be put in place.
For giving various statuary and administrative clearances to investors, state
and district level nodal agencies will be put in place to work as "single point
of investor contact" which will be responsible for facilitating all necessary
clearances. Necessary steps will also be taken for simplification of labour
laws.
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