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Punjab: 10 pc area of industrial will be reserved as residential area

Punjab: 10 pc area of industrial will be reserved as residential area

Chandigarh, Dec 24 (UNI) Now 10 per cent area of industrial estates will be reserved as a residential area for labour housing and Panchayati land will be made available on lease with the consent of villagers to promote industrialisation in rural areas.



Haryana Deputy Chief Minister, Mr Dushyant Chautala who also holds the portfolio of Industries and Commerce Department, shared this information during a press conference today. Principal Secretary, Industries and Commerce Department, Mr AK Singh, OSD of Deputy Chief Minister, Mr Kamlesh Bhadu among other senior officers were also present on the occasion.



Giving detailed information about the ‘Haryana Enterprises and Employment Policy- 2020' today, Mr Dushyant Chautala said that this policy aims to generate 5 lakh jobs and attract investments over Rs One lakh crore in the next five years. This new policy will encourage exports under which a target of exports of Rs Two lakh crore has been set.

Describing the new policy as important for regional development and generating maximum employment, the Deputy Chief Minister said that this policy will make Haryana as the preferred investment destination in the country. Not only this, augment livelihood opportunities will be increased through resilient economic development, he added. He said that this new policy emphasises strengthening the eco-system according to Ease of Doing Business.

Under this policy, Mega and Ultra-mega projects will be exempted from the purview of all labour laws in Haryana, except the Minimum Wages Act, 1948, for a period of three years, subject to the fulfilment of certain conditions.

He said that the limit of the number of workers for exemption from coverage under the Factories Act, 1948 has been increased from 20 to 40 for the energy-related industries. He said that the IT, ITES, Electronics, Auto and Textile Industry have been declared as Public Utilities under the Industrial Disputes Act, 1947 in the new policy. Not only this, the floor area ratio (FAR) has been increased from the general level of 50 per cent to 150 per cent i e up to 200 per cent in case of general industries whereas the FAR in case of warehousing has been increased from general level of 75 per cent to 150 per cent, he added.

He said that the requirement for the provision of basement parking will be removed in case of Data Centre Units being surface parking sufficient. He said that where a project is in force and payment of arrears of HSIIDC has been paid, automatic provision for transfer of plots has been approved. To encourage micro and small scale industries, the FAR has been increased up to 250 per cent of the plots with an area of at least 2000 square meters or more for Flatted Factories, he added. He said that the FAR of HSIIDC plots with an area of more than 2000 square meters for labour housing has been increased up to 250 per cent. Five per cent of the area of industrial estates will be reserved for warehousing activities, he added. He said that HSIIDC will also formulate a policy to offer leased land to reduce the burden of upfront cost on investors by allowing HSIIDC to work on the leased land.

Mr Dushyant Chautala said that a scheme will be formulated by HSIIDC to construct dormitories and industrial houses for workers in industrial estates. The new policy also envisages providing 36 other services of various departments related to industrial clearances on the HEPC portal, he added. He said that balanced regional development will be promoted under this policy formulated by the state government. The entire state has been categorized into 4 categories (A, B, C and D) with incentives of various scales based on the level of industrialisation, socio-economic development, local benefits and various types of skill development.

Describing the new policy to be in favour of the welfare of the youth and to help make them employable, the Deputy Chief Minister said that the ‘Haryana Gramin Udyogik Vikas Yojna' will be launched to create employment opportunities for the youth in rural areas at their doorstep. He said that 15 per cent capital subsidy (up to a maximum of Rs. 20 lakhs), seven per cent interest subsidy (up to a maximum of Rs. 8 lakhs) and 50 per cent subsidy will be given in the cost of DG set under the scheme. He said that special provisions have been made for startups. The new policy provides for an eight per cent interest subsidy (up to a maximum of Rs 20 lakh) for starting a startup, a seed grant of up to Rs 10 lakh per each startup and a 100 per cent state GST refund for seven years.

He said that the new policy has been emphasized by the state government to develop industrial parks. Now, 50 per cent (up to a maximum of Rs 40 crore) of Project Cost will be given for industrial park, a refund of stamp duty up to 80 per cent and 50 per cent (up to a maximum of Rs 50 lakh) for construction of industrial housing and dormitories.

He said that an Entrepreneurship Development Program has also been prepared to equip the youth in various skills under which financial assistance of Rs 5 lakh per year will be given to Government universities, NITs, IITs and technical institutions. Three months certificate course will also be conducted from the next academic session in ITIs and colleges to make the youth of the state more efficient, he added. Not only this on giving employment to the people, but the industries will also be given Rs 48,000 per employee every year from the Government.

UNI JS RHK2300

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