Draft industrial policy focuses on industrial parks,hubs

Ahead of its second anniversary two days later,the Trinamool Congress government today announced three important policy decisions,including the much-awaited industrial investment and incentive policy.

Written by Express News Service | Kolkata | Published: May 19, 2013 3:21:48 am

Ahead of its second anniversary two days later,the Trinamool Congress government today announced three important policy decisions,including the much-awaited industrial investment and incentive policy. A new textile policy and the policies for the micro,small and medium enterprises were also announced on the day.

The industry circles in the state had been urging the state government to come up with the new policy. The earlier industrial policy of the state government had come into force in 2008 when the Left Front was in power and ceased to be valid this year.

An industry representative in the core committee on industry set up by the state government welcomed the announcement but said they would take some time to study the policies and give their reactions. “However,it was long overdue,” he said on conditions of anonymity.

Chief Minister Mamata Banerjee,while addressing the media today,said the draft of the three policies will be uploaded on the website of the government,and experts and public can send their suggestions on the policies. Any suggestion on these policies would be considered by the state government and would be accepted till June 30,she added.

Keeping in mind the ensuing panchayat polls in the state,the Chief Minister also announced hike in monthly payments for “contractual and casual” workers under the state government.

“We have thought about the contractual and casual workers in the state. The Group D casual workers who have been working for less than 10 years would get a lumpsum of Rs 7,000 (they were earlier paid Rs 5,000). The workers who have been working for more than 10 years would get Rs 8,500 (they were earlier getting Rs 6,200).” Mamata also announced a raise of almost Rs 2,000 for Group C workers.

Meanwhile,in the new industrial policy,the government has emphasised industrial parks and hubs.

Industry minister Partha Chatterjee said the government has concentrated on industrial parks and industrial hubs to be developed on PPP (public private partnership) model. “The state government has uploaded its industrial policy,in which focus has been given on industrial parks and industrial hub to be developed on PPP model. Land allocation and incentive offers have also been incorporated in the document.”

“While drafting the policy,we studied the industrial policies of at least eight to ten other states so that Bengal’s policy could accelerate the pace of industrialisation. We are open to suggestions from various chambers and industries and we will incorporate those,if found practical,in the final industry policy document.”

The government has also announced its new textile policy and MSME policy.

Mamata said this was the first time the state had announced the textile policy which would encourage weavers,garment manufacturers and hosiery units.

“The government will give various benefits to both MSME and textiles,which included capital investment subsidy,capital interest subsidy on term loan,electricity duty waiver,power subsidy,energy efficiency incentive,stamp duty and registration duty waiver,entry tax reimbursement on plant and machinery,VAT reimbursement,advantages for water conservation,environmental compliance,cluster development,skill and human resources development were the key features of the new policy. This will be applicable to both textile and MSME,” said state finance minister Amit Mitra.

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