In a bid to promote Haryana as a prominent destination for investment and to have a balanced regional and sustainable development through a transparent governing system giving special focus on MSME sector, the state launched its New Industrial Policy known as Enterprises Promotion Policy, 2015.
- Promote the state as Preferred Destination for investment and startups
- Create employment opportunities by facilitating Ease of Doing Business and Cost of Doing Business
- Attract investments over ₹ 1 lakh crore and generate more than 4 lakh jobs
- Increase contribution of secondary sector to the GDP to achieve 32% from 27% in collaboration with GoI’s National Manufacturing Policy and Make in India
- Facilitate State GDP growth rate in excess of 8%
- To adopt Zero Defect Zero Effect on manufacturing practices
Ease of doing business-
The policy specifically focuses on ease of doing business through NIRBADH (New Industrial Regulation by Automatic Approval and Delegation in Haryana). The state also will have Single Window Services under One Roof for time bound clearances. Also, a system of online clearances will be put in place by creating an e-biz Haryana portal where Composite Application Forms can be submitted by an investor for 64 services with most frequent industry interface for seeking/ securing online clearances/ sanctions/ permits/ NOCs.
Supporting the MSME sector-
- Cluster development- More than 20 clusters have been identified for development/support across the state involving more than 6000 MSMEs.
- Cluster support- The central govt. implements MSE-CDP scheme for creating common facility centre with investment up to ₹ 15 Crore for a group of at least 20 existing industries. The state will contribute 30% of the cost of the project exceeding ₹ 15 crore (up to maximum of ₹ 20 crore).
- Also, the state will create MSME fund with a maximum budget of ₹ 1000 crore to provide assistance to entrepreneurs with collateral free debt up to a maximum of ₹ 1crore.
- Complete infrastructure support and incentives of ₹ 1000 crore will be provided only to facilitate the MSME sector.
Support to Service sector-
- Service sector will be considered at par with the manufacturing sector.
- Up-to 25% of the plots in Industrial estates will be given to selected service sectors.
Making enterprises competitive-
- The state plans to minimize the Cost of doing Business through No Enhancement in plots allotted by HSIIDC with Incentive amounting to ₹ 1000 Cr for industrialization and special assistance of ₹ 100 Cr for critical infrastructure.
- Also, the state will Enhance Productivity through HSDM (Haryana Skill Development Mission), Setting up Skill Development University, Institutes for Training and Virtual Employment etc.
- A fund of ₹ 85 crore is proposed to create zero liquid discharge facility for textile processing industry in Panipat in HUDA Industrial Estate.
- Support to IT/ITeS/ESDM industries- The government plans to Set up an Innovation Campus at Gurgaon with a cost of ₹ 4 crore and operational expenditure support of ₹ 1 crore for 3 years in collaboration with NASSCOM in Hub and Spoke Model. In accordance with this, the state also plans to create an additional seven incubation centers at the cost of ₹ 30 lakh per incubation centre in 7 universities in Haryana.
- 100% EOU (Export Oriented Units) will be given priority during land allotment in the Industrial Estates developed by HSIIDC (Haryana State Industrial and Infrastructure Development Corporation).
- State Government will provide 50% concession of HSIIDC land cost to the Export Promotion Councils
- The state will also set up Export Promotion Industrial Park at Panipat for textile exporting units.
- Creation of Inland Containers Depots by private players or under PPP (Public Private Partnership) model
- The state will provide 50% to 75% exemption on VAT/CST to SMEs, MSMEs and Mega Projects. However, the amount differs to each sector. The yearly budget is ₹ 200 crore.
- In order to help Micro and small units to expand/upgrade, the state will provide 5% -6% interest subsidy on term loan for 3 to 5 years. The total budget will be ₹ 100 crore per year.
- To help Start-ups/ first generation entrepreneurs the govt. will offer special package for 100% refund of VAT/ SGST up-to turnover of ₹ 3 Crore.
- The state will also create incubation centres with financial support of ₹ 30 Lakhs per university, Start-Ups IT warehouse and Mobile Apps Development Centres with capital expenditure of ₹ 4 Crore and other operational expenditure of ₹ 1 crore.
For more information, Visit Haryana Department of Industries Official Website