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Investment Opportunities and Incentives
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Investment Opportunities and Incentives National Level Investment
Investment Opportunities and Incentives State Level Investment
   
 
Investment Opportunities and Incentives
Haryana:
Investment Policies and Incentives
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The Government of Haryana has made several policy announcements, from time to time, in order to guide the entrepreneurs about the various opportunities in the State. These policy documents have been framed in such a way so as to fully utilise the State's resources; create gainful employment and improve the quality of life of the people. They envisage the investment incentives and schemes for the investors.

The major being, the Industrial Policy, which has been formulated to achieve raid industrialisation in the State economy. The basic objectives of the policy are to:-

  • Reestablish industry as a key driver of economic growth
  • Create wealth for the residents of the State and improve the quality of their life
  • Generate employment and entrepreneurial opportunities across all sectors of the economy
  • Facilitate spatial dispersal of economic activities particularly in economically and socially backward regions of the State
  • Ensure sustainable development through investments in key sectors of the economy etc.

Another important policy is the Information Technology (IT) Policy , which aims to facilitate the role of IT as an effective tool in catalysing economic activity, providing good governance and developing human resource in the State. It has been formulated with the following objectives:-

  • Upgrading the standard and quality of administration, particularly in social and public services sector through a process of modernisation and rationalisation of the administrative setup
  • Providing public centered, efficient and cost-effective Government
  • Extensive percolation of IT literacy and education in the State
  • Promoting investments in IT industry
  • encouraging private sector initiative in IT related infrastructure and services
  • Increasing the share of IT in State Gross Domestic Product
  • Generating IT related employment opportunities and
  • Enhancing earning capacity of the residents thereby ensuring a better quality of life.

Besides, there is a Labour Policy, which has been announced to evolve a mutually and increasingly beneficial partnership between employers and workers; create conditions in which workers can make their maximum contribution towards increasing productivity; as well as foster peaceful and in-house settlement of disputes. The other such objectives of the policy are to:-

  • Facilitate the growth of industry in Haryana by fostering harmonious industrial relations
  • Ensure social justice with productivity and growth of industry
  • Promote industrial health and safety
  • Implement labour laws for ensuring proper working conditions and labour standards
  • Introduce new labour welfare measures for enhancing the quality of life of the work force
  • Create ever-improving conditions for women workers by following policies, which take into account their special needs at the workplace
  • Eliminate employment of all forms of child labour through identification and rehabilitation
  • Energise Vigilance Committees at District and Sub Division level for identification, release and rehabilitation of bonded labour
  • Strengthen the conciliation machinery towards achieving the objectives of a harmonious worker- management relationship, keeping in view the changing economic scenario
  • Continuously strengthen and facilitate the functioning of the Labour Courts, in cases where conciliation has failed;
  • Train and retrain its employees and officers so that they are better equipped to perform their duties
  • Work in a transparent and time bound manner in dealing with approvals required under various labour laws and
  • Work towards creating an atmosphere wherein both workers and management perform their legally laid down roles, which will, in turn, contribute to the economic growth of the State.

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Haryana Industrial Promotion Act
Department of Electronics and Information Technology, Haryana
Package of Incentives for IT Industries
 
 
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