Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 0] [Entire Act]

State of Bihar - Section

Section 1 in Incentives to Industries in Bihar, 1986

1. Objective and Strategy.

(1)The State Government's objective is to have accelerated growth of industries in the State in all sectors, namely, Large, Medium, Small and Tiny. Development of Khadi, Village and Cottage Industries, Handloom, Sericulture and Handicrafts will receive special attention.
(2)Our twin strategy to achieve the above objective is to remove constraints and to give due incentives to industrialists and entrepreneurs to set up industries in the State. The growing incidence of sickness among industries is a matter of grave anxiety and the State Government is deeply concerned about this. Government will take a serious view of managerial inefficiency leading to sickness. At the same time, due attention will be given to rehabilitation of an unit wherever there is a case for it.
(3)To promote industries, State Government will pay special attention to the growth of infrastructure and development of entrepreneurship. Inadequate power supply, delayed and inadequate sanction of working capital loan, lack of entrepreneurship, inadequate supervision and monitoring, lack of market information and assistance and lack of proper infrastructure have been the main constraints. Different kinds of training courses will be required to be imparted to develop entrepreneurial skill and improve the managerial capability of the entrepreneurs to run industries efficiently and profitably.
(4)There is tremendous scope for growth of industries in this State which is so richly endowed by nature in various forms, including fertile land, sizeable forest and mineral resources. Necessary steps will be taken to remove the constraints so that these potentialities are fully utilised.
(5)The State has lagged behind in different areas of industrial growth, particularly in electronics, chemical and mineral based industries etc. Special attention, therefore, will be given to these areas. There is potential for agro-industries in different parts of the State. They have to be tapped.
(6)One of the main hurdles in the industrial growth of this State is the lack of infrastructure. As the State Government resources are limited, it is felt that no tangible results will be achieved if the limited resources are thinly spread over. The desirable course, therefore, is to have the maximum advantage of the available resources. With this objective in view, the State Government would like to promote certain centres which already have some infrastructural facilities and have potential for growth. Such Centres, for example, at present may be Ranchi, Bokaro, Jamshedpur, Dhanbad, Patna, Barauni, Muzaffarpur, Hajipur, Samastipur, Buxar and Jasidih etc.
(7)The Central Government have categorised the districts into A, B and C categories and the rate of Central Capital Investment Subsidy depends on this categorisation. This categorisation needs revision. Even in the so-called developed districts, there are areas where there is no industry at all. The State Government, therefore, feels that the unit should be sub-division. The State Government has made recommendation to the Central Government on this line.Till a decision in this regard is taken by the Government of India, the State Government feels that in certain sub-divisions. Where the level of industrial development is very low, the same facilities should be extended as are admissible in 'A' category districts irrespective of the fact whether such a sub-division is in category 'A' or not. Government will determine the criteria to identify such sub-division.
(8)To channelise energy of our young educated people in industrial activity, State Government will give them special incentives to attract them to industries. Scheduled Castes and Scheduled Tribes will continue getting special attention. As a legacy of the past, the educated young people are shy to take to industries. To encourage them, special incentives will be given to them in different forms.
(9)The State Government attaches utmost importance to quick clearance of proposals received from entrepreneurs and removal of difficulties faced by them. To achieves this and to help the entrepreneurs to have a correct choice of industries to be set up, 'Single Window System' has been established at different levels. At the level of the districts, a Committee,has been set up headed by the District Officer with representatives from Electricity Board, Commercial Taxes Department, Labour Department, Financial Institutions and Banks to advise and help the entrepreneurs. A similar Committee has been set up at the level of Industrial Area Development Authority and finally, there is a Committee at the State head-quarters with Chief Secretary as the Chairman. Officers from various departments and organisations concerned with the development of industry in the State are on the committee. The decisions taken by this committee will be binding on all departments and organisations.All promotional institutions and bodies will be housed in Udyog Vikas Bhawan and a team of officers will be working there every day under the "Single Window System" scheme to help entrepreneurs.The Industrial Development Commissioner alongwith senior officers from the Industries Department/Corporations/Financial Institutions/Banks/Boards will also be available there on fixed days to help and advise them.A Data Bank and an Industrial Library etc. will also be set up for giving necessary assistance to the entrepreneurs.
(10)100 per cent export oriented industries will get priority treatment.
(11)Due attention will also be given to improvement in quality of goods produced so that they are compective and are to the full satisfaction to the consumers. Suitable incentives will be provided to promote services connected with promotion to tourism in the State. Suitable arrangements at the State, districts and Industrial Area Development Authorities levels have been made for proper and regular monitoring of projects and schemes.
(12)The State Government have established 6 Industrial Area Development Authorities in the State and it will be State Government's endeavour to build suitable infrastructures through these agencies.
(13)It is State Government's hope that with these incentives there will be adequate response from industrialists within the country or Indians living abroad. Similarly, the educated young men and women will take advantage of the opportunities and take to industry to earn their own living and promote the economic growth of the State.