Industrial Ploicy Talking Points

advertisement
Industrial Policy Talking Points
TS-iPASS—beyond single window
1) First time in the world that a right to timely clearances provided
2) First time in India self-certification being accepted
3) First time, the time limits for clearances specified in the Act
itself rather than in the rules
4) 15 day clearance for mega projects first in the country
5) Penal provision if departments delay clearances
6) A single Common Application Form prescribed
7) Applicant need not go to different departments—this will be
done by the Nodal Officer—like the Singapore Economic
Development Board (EDB)
8) Grievance Redressal mechanism will be created
9) Applicant also liable for action if self-certification is false
10) Graft free and zero tolerance to corruption
11) Minimum inspection and maximum facilitation
Pollution Concerns
Industries are in four categories—Green, Orange, Red 1 and Red 2.
Only Red 2 category has to go to Government of India. 90% of
applications will be within purview of State Government.
Industrial Policy Frame Work
1) Zero graft, zero tolerance to corruption
2) Peaceful, secure and progressive business regulatory
environment
3) Industrialization shall be inclusive and facilitate social equality
4) Minimum inspection-maximum facilitation
5) 14 thrust areas
i. Life Sciences including biotechnology and pharma
ii. IT Hardware including medical devices and
communications
iii. Aviation, aero-space and defence
iv. Food processing and nutrition products
v. Automobiles, farm equipment and transport vehicles
vi. Textiles, leather and apparel and related products
vii. Plastics and polymers
viii. Fast moving consumer goods (FMCG) and domestic
appliances
ix. Engineering and capital goods
x. Gems and Jewellery
xi. Waste management and Green technologies
xii. Renewable energy and solar parks
xiii. Mineral and wood based industries
xiv. Transportation and logistics
6) Attractive incentives to Small and Micro industries
7) Ancillary and vendor development linked to major industry
8) Special package for SC/ST/Women/PH
9) Direct loaning to SC/ST and PH
10)Marketing assistance to MSME sector
11)Program for traditional art and handicrafts
12)Plug and play infrastructure in industrial parks
13)10% water earmarked for industry
14)Transparent and equitable land allotment in industrial parks
15)Industrial housing as part of industrial park development
16)Skill development in industrial parks in collaboration with
industry
17)Local body status for industrial parks
18)Rationalization of taxes to encourage local industry
19)Review of all obsolete laws that impact industrialization
20)Industrial corridors and district industry parks to encourage
growth of industry across the state
SPECIFIC INITIATIVES FOR 2014-15
 New Pharma-City and Chemical City with well-developed
infrastructure including waste management
 Development of the Hyderabad Warangal Industrial Corridor
 Development of Warangal as the textile hub of Telangana
 Food Processing and Seed Production Initiatives
 Exclusive Aero-space and defence policy
 Mini-industrial townships along with industrial parks
 Direct loan facilitation to Dalit entrepreneurs
 Creation of a Venture Capital/Angel Fund
 Inter-state VAT rationalization on industrial inputs and outputs
 Review and Reform of all age old industry sector regulations,
including labour laws
Budget 2014-15
1) Plan budget for Industries and Commerce Department more than
2013-24 Plan Budget of combined state of Andhra Pradesh
2013-14
2014-15
(Rs. In Crores) (Rs. In Crores)
(For whole AP) (For Telangana)
Total Plan Demand Industries
and Commerce Department
XXXVI
953.59
1165.74
2) Previous Government had incentive arrears of Rs. 685 crores.
Rs. 580 crores of this will be cleared in this year.
4
Total Incentive
2013-14
2014-15
(Rs. In Crores) (Rs. In Crores)
(For whole
(For
AP)
Telangana)
562.84
832.74
3) No incentive backlog of incentives for SC/ST entrepreneurs
4) Rs. 100 crores to TSIIC for infrastructure development. First
time ever such a huge budget support being given to TSIIC
Download