Rajasthan - Other Investment Policies
Agro-Processing
Policy
Agriculture remains on the priority
list of the State's development. The Government would continue
to provide support and incentivess to develop the sector
and related infrastructure.
Breeding
Policy in Rajasthan for Cattle & Buffalo 2006-2007
New
Animal Husbandry in Rajasthan is
a major economic activity contributing over 13 % of the total
net domestic income. Rajasthan has 108.53 lacs cattle &
104.46 lacs buffaloes as per 2003 livestock census. Some of
the nationally recognized breeds of milch and draught cattle
viz. Rathi, Tharparkar, Gir, Kankrej, Nagauri, Malvi &
Haryana have their home tracts in Rajasthan. The State possesses
6.06% of cattle and 11.20% buffalo of the country. The state
produces approximately 8.05 million tonnes of milk per year,
which is approximately 10% of total milk production in the
country. This indicates that the cattle in the State are of
better quality in comparison to those found in other parts
of the country.
Biotechnology
Policy
Bio Technology is a frontier area of
Science and Technology with a high promise for the welfare
of humanity. A new generation of biotechnology developed
as a result of intensive work in India has opened up new
opportunities for economic development in the country.
Rajasthan is very rich in cattle breed also. Improved species
of camel, sheep, rathi cows, nagouri bullocks etc hold great
promise of research and development in biogenetics. State
has highest livestock population and there is good potential
in animal husbandry and genetic engineering. Thus Rajasthan
has great potential to create immense industrial activity
in Biotechnology and modern Biotech products involving recombinant
DNA based products and Bio Informatics. In line with the
developed world, the Government would make all efforts to
focus on modern processes in the area of agriculture industry,
floriculture, human and animal health care (medical and
veterinary science) and environment to provide good commercial
opportunities in the field of Biotechnology.
Captive
Power Plant Policy
Captive power Plant is a generating
unit(s) with aggregate capacity not exceeding 166 MW which
produces power for captive consumption of its owners. For
the purpose of this clause, an owner is defined as a shareholder/s
of a company registered under the Indian Companies
Act, 1956, a partner/s in a partnership firm, or an individual.
Captive power consumer is a consumer receiving power from
a Captive Power Plant, but RSEB shall not be construed
as a Captive Power Consumer.
This policy comes into operation with
immediate effect and shall remain applicable for Captive
Power Plants established up to 31st March, 2004, until superseded
or modified by any other order of the Government of Rajasthan.
Any Captive Power Plant commissioned within the Operative
Period for meeting the requirements of Captive Power Consumers
is eligible under this Policy.
Granite
Policy New
In exercise of the powers conferred
by rule 65A of the Rajasthan Minor Mineral Concession Rules,
1986, the State Government in the interest of mineral development,
hereby notifies the procedure for grant of prospecting licence
and mining lease for Granite as under,
IT
& ITES Policy 2007 New
The “Information Technology
(IT)” and “Information Technology Enabled Service
(ITES)” sectors have emerged as engines of India’s
booming economy. This sector is poised to reach US$ 70 billion
software market in 2009, providing direct employment to more
than 2.2 million (and nearly twice the number by way of indirect
employment). India as a nation with its qualified technical
work force has made a name for itself on a global scale in
IT and ITES. This is, therefore, the right time for Rajasthan
to make an attempt to ride on the favourable tides of a booming
knowledge economy and take itself into the forefront of the
country’s IT thrust.
Industrial
Policy in Rajasthan
Rajasthan has been in the forefront
of Economic Reforms. It was the first State in the country
to adopt the International Competitive bidding route for
setting up power projects. The Industrial Policy 1994 has
brought about a significant change in its investment climate.
The Rural Non Farm Policy of 1995 - the first of its kind
in the country - has helped focus efforts on growth and
employment through rural industrialisation. The experience
of implementing the State's 1994 Industrial Policy has also
brought to light certain deficiencies and practical problems,
which need to be redressed. There are areas like Infrastructure
and Human Resource Development which require even greater
attention than has been accorded in the past. The New Industrial
Policy of the State is thus an exercise to reflect these
developments and to launch new initiatives to take advantage
of the emerging opportunities
Investment
Promotion Policy - 2003
With a view to provide investors an
attractive opportunity to invest in the State of Rajasthan,
the following scheme is introduced in the State.
The scheme shall be known as "The
Rajasthan Investment Promotion Scheme 2003 (RajInvest-2003),"
hereinafter referred to as the Scheme. The scheme shall
come into operation with effect from 1st July, 2003 and
shall remain in force upto 31st March 2008.
Information
Technology Policy
IT will be the driving force behind
human development and growth in the new millennium. The
Government of Rajasthan would create an IT-friendly environment
for integrated participation by all in the development process.
This shall be for the improvement in the quality of every
aspect of human life, emergence of a competitive society
and a vibrant economy through transparent governing systems,
sound IT infrastructure and skilled human resources.
Mineral
Policy
Rajasthan has a glorious heritage in
the field of mines and minerals. The State is geologically
so endowed that it has become a veritable repository of
minerals. Important minerals with which the name of this
State is intimately associated are that of non-ferrous metals
(lead, zinc and copper) and ferrous minerals such as tungsten
and a number of industrial minerals. Presently, the State
is the sole producer of jasper and wollastonite and a leading
producer of cement and steel-grade limestone, soapstone,
ball clay, calcite, felspar, natural gypsum, kaolin, rock
phosphate, ochre and building stones, besides tungsten,
lead-zinc concentrates, and copper metal.
New
Hotel Policy 2006
The Tourism Policy of Rajasthan 2001
envisages creation of adequate and suitable infrastructure
like accommodation, transport, communication links and other
essential amenities. Although, Tourism Policy 2001 has identified
provision of suitable accommodation for various categories
of tourists as the most crucial component of tourism, however,
the growth of hotel industry in Rajasthan has been dismal
during the last five years. The rapid increase of tourist
inflow in the State has thrown up an immediate requirement
for accommodation facilities in all categories. With a view
to bridging the gap between current demand and supply of
hotel accommodation in Rajasthan and in view of the projected
growth of tourism in the coming decade a new Hotel Policy
2006 has been announced by the State Government in June
2006. The provisions of concessions & facilities on
the New Hotel Policy would apply only to new Hotels &
accommodation units.
Policy
to Promote Private Investment in Health Care Facilities-2006
New
The State of Rajasthan is
the largest state in India situated in Northern part of
the country. Its population as per 2001 census was 56.4
million.
The state allocates around 40% of its budget in Social
Sectors like Education, Healthand Family Welfare, Housing,
UDH, and welfare of SC & ST. A sum of Rs. 1100 crore
(approximately) was spent on Medical & Health and
Family Welfare in 2004-05, about 22% of which was spent
on referral health care services.
Policy
for Promotion of Electricity Generation from Wind
There has been encouraging growth
in development of wind power projects in the State in
the recent past, primarily due to prevailing incentives
and benefits offered in the afore-mentioned Policies.
The capacity build up of 100 MW envisaged in the 2000
Policy is expected to be achieved by December, 2003.
Developers, manufacturers, investors
alike have been calling for formulation of a new Policy
well before the expiry of the existing Policy so that
the momentum gained is maintained. As a demonstration
of their continued commitment to setting up of wind energy
generation capacity in the State of Rajasthan, developers
have shown willingness and registered their applications
with RREC for setting up wind power projects of additional
capacity of 200-250 MW.
Road
Policy
In 1994, the State Government promulgated
the Policy on Road Development in Rajasthan. The policy envisages
the connecting of villages in areas deficient in roads, connecting
panchayat headquarters, developing and strengthening the medium
and low density traffic roads and construction of interstate
links and bridges.
The private sector is being invited to participate in the
construction of financially-viable bridges bypasses, Rail
Over-Bridges (ROBs) and tunnels, etc. In such projects, investments
are expected to be recovered through the levy of toll.
The rates of toll have been revised so that the investment
can be recouped in 10-15 years itself - matching the maturities
of usual long-term loans that are provided to such projects.
The present toll rates will be increased by 30 per cent on
November 1, 2000 and again by 40 per cent on November 1, 2004.
A State Road Development Fund was created in 1994-95 to
provide seed money/balance investment for projects backed
by financial institutions.
Special
Economic Zones (SEZ) Policy
Special Economic Zones (SEZs) are specifically
delineated duty-free enclaves treated as a foreign territory
for the purpose of industrial, service and trade operations,
with exemption from customs duties and a more liberal regime
in respect of other levies, foreign investment and other
transactions. Domestic regulations, restrictions and infrastructure
inadequacies are sought to be eliminated in the SEZs for
creating a hassle-free environment. The SEZ Scheme seeks
to create a transparent system by introducing simplified
procedures for enhancing productivity and making it easier
to do business.
The prime objective of the Government is to develop specially
delineated economic zones conforming to the guidelines of
the Government of India to provide enabling infrastructure
and a hassle free environment to promote exports from the
State. Special emphasis will be laid on development of product
specific Special Economic Zones to harness inherent potential
of the State in the fields of Gems & Jewellery, Handicrafts,
Woolen Carpets etc. which would result in increase in exports
of these commodities with high value addition.
Tourism
Unit Policy 2007 New
Rajasthan is one of the leading Tourism
States of India. The Glorious Heritage and colorful culture
of the state is a special attraction for Foreign Tourists.
Heritage assets, found all over the state can be utilized
for development of Tourism. During the last few years, there
has been tremendous increase in the number of Tourists to
the State. However the infrastructural facilities have not
kept pace. Presently there are 36,000 rooms available for
Tourists and by year 2012 an additional 20,000 Hotel rooms
would be required for Tourists in the State. With this objective,
the State Govt. had in 2006 announced a New Hotel Policy
proposing several concessions. The concessions in the hotel
Policy 2006 were to be extended to the Star category of
Hotels only, whereas several other categories of hotels,
heritage hotels and other tourism units such as camping
sites, holiday resorts and estaurants etc. are also providing
accommodation for tourists.
Water
Policy New
Water is a prime natural resource,
a basic human need and a precious asset of the State. Planning,
development, operation and maintenance of all water resources
to support the growth of the state economy and the well being
of the population, in response to the growing need for drinking
water, agricultural products, industrial production and electricity,
a general improvement of living conditions and employment
is of utmost importance. Planning and development of water
resources need to be governed by the state's perspectives.
The requirement of utilising all available water resources,
surface and ground, in a judicious and equitable, as well
as sound economic manner needs a well defined State Water
Policy.
