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» Industrial
Policy, 2003
Notification
No. CI.310/2001/Pt-III/61
Dated: 26/09/2003
Preamble
The Industrial
Policy of Assam, 2003 has been
formulated in the light of the
experience of implementation
of the Industrial Policies of
1982, 1986, 1991 and 1997.
While formulating
the present policy, views and
suggestions of a cross section
of people including industrialists,
and Trade Associations, were
invited and meaningful interactions
were made with them.
In the Industrial
Policy of Assam, 2003, emphasis
has been given in making the
operational guidelines effective
and simplifying the procedures
so that the prospective entrepreneurs
and Investors find the investment
climate in the state attractive
and preferable.
Chapter
1
1.1 THE
AIMS AND OBJECTIVES
The Industrial
Policy of Assam, 2003 is formulated
to achieve the following aims
and objectives-
| 1. |
To increase the share
of the industrial sector
to the State Domestic Product
(SDP) from the present level
of 13.29% to a level of
at least 18% at the end
of the terminal year of
the Policy. |
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| 2. |
To generate more employment
opportunities in the State.
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To ensure development
of adequate and appropriate
infrastructures for industrial
growth. |
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| 3. |
To make Assam one of the
preferred destinations for
investment for outside investors. |
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| 4. |
To encourage private investment
in Industrial infrastructure
projects. |
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| 5. |
To ensure industrial development
in hitherto industrially
backward regions of the
state. |
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| 6. |
To create avenues for
sustained growth and development
of the Small Scale and tiny
sectors. |
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| 7. |
To catalyse administrative
and legal reforms with a
view to simplify the procedure
and to ensure time bound
disposal of matters. |
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| 8. |
To take steps to promote
rural handicrafts so as
to conserve and enrich cultural
heritage, traditions and
customs of the state. |
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| 9. |
To promote establishment
of medium and large-scale
mother industries to create
an industrial base, offering
large-scale employment opportunities
through backward and forward
linkages. |
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| 10. |
To promote Information
Technology, high-tech, knowledge
based and biotech industries. |
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| 11. |
To promote export oriented
industrial units. |
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| 12. |
To take steps to revive
the potentially viable sick
Public Sector Undertakings
and to make the Public Sector
Undertakings economically
viable. |
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| 13. |
To provide Single Window
Clearance system for fast
track clearance of industrial
proposals. |
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1.2 PERIOD
OF OPERATION OF THE POLICY
The policy
will be effective from 1st October,
2003 and will be valid for a
period of five years i.e. up
to 30th September, 2008 unless
modified /terminated earlier.
1.3 THRUST
AREA
The following
sectors of industriat activities
have been identified as thrust
Areas :
| 1. |
Petroleum and Natural
gas based industries |
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| 2. |
Industries based on locally
available minerals |
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| 3. |
Processing of plantation
crops |
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| 4. |
Food processing industries |
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| 5. |
Agri-horticulture products |
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| 6. |
Herbal products |
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| 7. |
Biotech products |
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| 8. |
Pharmaceuticals |
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| 9. |
Chemical and plastic based
industries |
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| 10. |
Export oriented industries |
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| 11. |
Electronic and IT based
industries including services
sector |
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| 12. |
Textiles and sericulture |
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| 13. |
Engineering industries |
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| 14. |
Cane and Bamboo based
industries |
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| 15. |
Other Handicrafts industries |
The thrust
areas/ sectors will be periodically
reviewed to keep it in tune
with the need of the changing
times.
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