The state ranks 2nd in it in the country based on overall performance according to stpi data. The maharashtra industrial policy 20 has given a special attention to encourage small scale industries. Explore new industrial policy profile at times of india for photos, videos and latest news of new industrial policy. In their view it was the change away from indias traditional industrial policy in 1991 towards liberalisation, deregulation, and market. Government of maharashtra industries, energy and labour department government resolution no psi 20 cr 54 ind8 mantralaya, mumbai 400 032, date. Stil i it would be wrong to tnink that tne state asa whole is industriallzed.
The key highlights of ites policy 2015 are as under. Chapter v industrial location policy in maharashtra maharashtra produces roughly onefourtn of total industrial output i ln india. Maharashtras forward looking it policy has been well received in the it sector. Any unit manufacturing any item, wherein the manufacturing activity does not contribute in value addition shall not be considered under this policy. Industrial policy of maharashtra 20 india environment portal. Given the experience in the last five years, the gom have developed the new policy to attract industries to maharashtra. For financial stability of msmes micro small and medium enterprises, the state government will provide fiscal incentives and support to less developed areas, and the major highlights of package schemes of incentives psi apart from. Mahaonline limited is a joint venture between government of maharashtra and tata consultancy services. Maharashtra new industrial policy blogs, comments and archive news on. The policy objective is to achieve higher and sustainable economic growth with emphasis on balanced regional development and employment generation through greater private and public investment in industrial and infrastructure development. Industrial state profile of maharashtra 2014 gram 1075 1254 other pulses 104 118 total pulses 1179 72 total food grain 4515 4394 sesamum 3 2 sunflower 1 90 safflower 55 28 linseed 31 26. Maharashtra it ites policy 2015 key policy initiatives expand talent pool extend it infrastructure innovation. Industrial state profile of maharashtra final by msmedi.
Units involved only in trading activities will not come under the purview of. New industrial policy india pdf download for ias exam, industrial policy 1991 and earlier industrial policy notes for ias,upsc examination pdf download. Maharashtra industrial policy 20 highlights november 2014. Maharashtra has 30 public it parks and 177 private it parks, which provide employment to 30% of the. The industrial policy of 1948, which was the first industrial policy statement of the government of india, was changed in 1956 in a public sector dominated industrial development policy that remained in force till 1991 with some minor modifications and amendments in 1977 and 1980. Maharashtras information technologyinformationtechnology. Provided that, on the commencement of the bombay shops and establishments. This act may be called the bombay shops and establishments act, 1948. Decision in this regard was taken by state cabinet meeting chaired by chief minister devendra fadnavis in mumbai. New industrial policy of the government, objectives of. Financial incentives in industrial policy of maharashtra, 20.
In order to promote balanced industrial development, promote sustainable economic growth and encourage setting up of new industrial units and thereby create substantial employment opportunities in the state, the government of maharashtra has issued the new industrial policy 20 vide gr no. Maharashtra, tamil nadu, andhra pradesh, gujarat and karnataka, account for 44% of. Iii policy 2010cr 768ind2, dated 22nd february, 20. Industrial state profile of maharashtra state for the year 2012, prepared by msmedevelopment institute, ministry of msme, govt.
Gujarat till 201112 table 1 above provides a comparative picture of the gdp of the leading industrial states in terms of ranking and growth. New industrial policy india pdf download for ias exam. Initiatives to encourage employmentintensive industries. Maharashtra pioneered a package of incentives for the dispersal of industries and the development of backward areas, along with an industrial location policy which sought to restrict industrialization in the mumbai metropolitan region to nonpolluting and hightechnology sectors as a measure of industrial, urban and environmental planning. Tools qmsqtt o building awareness on intellectual property rights ipr for msme. Government of bihar department of industries resolution.
The government of maharashtra has adopted the sez policy for developing special economic zones in the state. President pranab mukherjee has given his assent to maharashtra factories amendment bill, 2015 of maharashtra government to allow women to work in factories in night shifts the amendment bill amends section 661 c of factories act, 1948 to ease provisions related to working of women in night shifts in the state. It laid down that besides arms and ammunition, atomic energy and railway. New economic policy wanted to permit the international flow of goods, services, capital, human resources and technology, without many restrictions. Maharashtra industrial policy 20 linkedin slideshare. Summary of indias industrial policy economics discussion. Factories maharashtra amendment act 2015 pdf download. Maitri maharashtra industry, trade and investment facilitation. Karnataka industrial policy 201419 indiaenvironmentportal. Maharashtra government sanctions ites policy 2015 at. Industrial policy resolution, 1956 ipr 1956 o this policy laid down the basic framework of industrial policy o this policy is also known as economic constitution of india o it is classified into three sectors schedule a which covers public sector 17 industries schedule b covering mixed sector i.
Customized package of incentives of ultra mega and mega industrial investment. Increased focus on less developed region of the state to bring them on par with mainstream industrial development. Capital investment, tax, cst and vat payment, energy or electricity and water consumption. This industrial policy seeks to promote green and sustainable development. Maharashtra is the second largest state in india in terms of population and third largest in terms of geographical area, spread over 3.
Increase contribution of industries to gsdp from 20. Industrial policy is a necessary step in this direction. The main objective of the it and ites policy, 2003 is to make maharashtra the most favoured destination for investments in the it and ites industry. Chapter vi shall take effect in such area, from such date as the state government may, from time to time, by notification in the official gazette, appoint in that behalf3.
Maharashtra new industrial policy latest breaking news, pictures, videos, and special reports from the economic times. The state cabinet on tuesday approved the electronics policy 2016 which promises a onewindow clearance system for all such units. Maharashtra govt approves new electronics policy times. Incentives 20, in the light of the industrial policy 2019 and introduce a new package scheme of incentives 2019, containing details of eligibility criteria, quantum of incentives and monitoring mechanism for administering the incentives during the period from 1 st april, 2019 to. To retain maharashtras leadership position in industrial investment within the country to further. The public sector may be invited to implement industrial policy. Industrial state profile of maharashtra 2014 issuu. Special economic zones policy doing business in maharashtra. Maharashtra new industrial policy, 2019 kpmg international. Units under the psi 20 scheme shall be eligible for stamp duty.
Maharashtra industrial development act 1961 complete act. Indian industrial policy in the period 1950 to 1980, as embodied in its fiveyear plans, has long been the subject of intense criticism from the powerful neoliberal critics of the countrys development. Industrial policy of maharashtra 20 india environment. Maharashtra industrial policy 20 the fresh policy for industrial investment in maharashtra. Industrial state profile of maharashtra msme development institute. Of india industrial policy resolution 1948 6 april, 1948 the resolution emphasized at the following. Page 1 of 80 maharashtra industry, trade and investment. Financial incentives in industrial policy of maharashtra, 20 1.
This policy is essential for devising various procedures, principles, rules and regulations for controlling. Maharashtra new industrial policy, 2019 with an intent to make maharashtra, usd1 trillion economy in the country, the government of maharashtra has released maharashtra new industrial policy, 20191, which shall be valid for a period of five years from 1 april 2019. State must play of progressively active role in the development of industries. The policy would be applicable to all the new units in the state, with the following conditions. Resolution in supersession of the package scheme of incentive 2007, which shall expire. June 16, 2015 august 22, 2015 administrator doing business in india. Introduction considering maharashtras strengths in terms of human resources, connectivity and infrastructure, and the special significance of information technology it for generating employment, increasing efficiency and improving the quality of life, the state government announced its first it policy. In the mid1991, the government has made some drastic changes in its policies bearing on trade, foreign investment exchange rate, and industry, fiscal of fairs. Sathe\desktop\final new industrial policy 2019\folder for. The industrial policy, 20 focuses on the following. Maharashtra is the largest economy in india and accounts for 15. Compound annualised growth rate of state economies. The bombay shops and establishments act, maharashtra. The sezs, earmarked as dutyfree enclaves, have a relaxed and business friendly policy regime, aimed at promoting rapid industrial development and employment generation.
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