Himachal Pradesh
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Investment and Industrial Policies
Biotechnology
Policy
Himachal Pradesh is an ideal destination
to invest in biotechnology based industries because of the
following advantages over other States :
Biodiversity:
The State is in endowed with rich plant, animal and microbial
biodiversity. There are many rare plants, particularly in
the upper reaches of Himalayas, which have immense potential
for use in the pharmaceutical industry.
Eco-Tourism
Policy
Himachal Pradesh is a hill state nestled
in the western Himalayas. The state takes pride in its natural
beauty manifested by the snow clad mountains; alpine pastures
containing colourful flowers; landscape dotted with perennial
streams, lush green forests, herds of grazing animals, picturesque
villages, natives in traditional dresses, and indigenous
architecture. The traditional hospitality and crime free
society has added to the natural attractions of the state,
making it one of the most sought after tourist destination
in India.
However, what is generally publicised
about this vast plethora of attractions in the state in
the name of tourism is just the cool climate and hotel facilities
available at various known destinations like Shimla, Manali,
Dalhousie or Dharamsala. Tourists, in the absence of comprehensive
tour packages, reach the known destinations on their own
and start looking for any worthwhile tourist attractions
only after landing at a place. Their short stay at a place
allows them to visit only the nearby sites, which have become
overcrowded and already started showing negative environmental
effects of such tourism. On the other hand, the tourists
are deprived of opportunities to enjoy the rural, remote
and the most scenic parts of the state. Moreover, benefits
of such mass tourism are reaped largely by the city dwellers.
The state and the large majority of rural people are, therefore,
not able to harvest this huge tourism potential.
New
Industrial Policy 2004
The Government of Himachal Pradesh recognizes
the importance of an emphatic Industrial Policy statement
as an extremely effective instrument to boost the confidence
of investors and catalyse industrial expansion in our State.
This Policy is therefore intended to lucidly express the
State Government’s vision and approach towards industrial
sector. This policy also intends to specifically announce
the State Government strategy to address a wide range of
macro policy issues aimed at boosting investment climate
in the State by way of creating and upgrading the existing
infrastructure, rationalizing the provision of incentives,
concessions and facilities as well as streamlining rules/procedures
having a direct impact on investment flows to the State.
The Policy Statement also intends to focus on specific micro
factors affecting the overall investment climate in the
State such as technology upgradation, quality improvement
and productivity, so that industrial units set up in the
State can effectively compete and keep pace with global
standards.
IT
Policy
Recognising the enormous potential of IT, the Himachal Pradesh
Government has chalked out a multi-pronged strategy to herald
the benefits of this technology for its citizens and for the
state as a whole. Accordingly, the state government has created
an IT friendly environment for integrated participation by
all in the development process of the new digital economy.
This journey into the information age has brought improvement
in the quality of every aspect of human life, emergence of
a competitive society and a vibrant economy of new age technologies
through transparent governing systems, sound infrastructure
and skilled human resources.
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