Chhattisgarh: new industrial policy to focus on biofuels, electronic vehicles and farms
RAIPUR: The state government has announced a new five-year industrial policy on Friday. The new policy aims to boost business growth, while maintaining green coverage.
Promoting industries that produce bioethanol from rice, as well as food and plant processing units that manufacture electric vehicles is one of the top priorities of the list.
As part of the idea of rural thrust, the provision of developing an industrial park in each state development block has also been included.
To encourage growth and public participation, the policy affirms the formation of advisory committees at the local level for the maintenance of existing industrial areas.
The planting of young trees on wide roofs is now mandatory in the industrial area. The policy ensures the development of fire stations in the main industrial areas of more than 100 acres. To strengthen the storage capacity and boost the development of logistics parks, the assigned land rates will be rationalized.
Water and effluent treatment plants and effective solid waste management units in industrial areas will be developed according to the Public-Private Partnership (PPP) model.
The policy ensures providing marketing assistance to micro, small and medium enterprises in the state. Modifying the Chhattisgarh Store purchase rules, the state government has already replaced the center's Gem portal with the e-Maanak portal to ensure that indigenous products get a better market and eliminate national competitors.
To market local products, the government will help industrialists to participate in fairs and exhibitions organized nationally and internationally.
To encourage young entrepreneurs, the government will also buy start-up products as a priority, when necessary.
To boost the export and import from Chhattisgarh, the industrial policy assures special tax concessions to make local products more competetive in the market.
To overcome the transportation problems of the manufacturing units to the nearest ports, the government will grant concessions at the transportation facilities and will ensure that the proposed APEDA office in the state capital is initiated.
The state government will allow special incentives for weaker sections, the programmed caste, tribes, former military and women entrepreneurs to start industries.
Film studios equipped with hi-tech digital facilities will be developed for the development of the Chhattisgarh film industry.
Production techniques for the acquisition of fuels, gases and petroleum products from coal and other resources will be encouraged.