Tamil Nadu -
Other Investment Policies
Biotechnology
Policy
Tamil Nadu has emerged as a front ranking
State in attracting investments. The growth in knowledge-based
industries in the State in recent years has been phenomenal.
The export of software from the State which was only Rs.
37 crores in 1995-96 has reached Rs. 1,914 crores in 1999-2000.
In order to consolidate these gains and carry the State
forward in the path of economic development, the Government
of Tamil Nadu has decided to focus on another knowledge-based
industry, in other words, Biotechnology.
Electricity
Board 2008-2009 New
The Tamil Nadu
Electricity Board is a statutory body formed on 01.07.1957
under the Electricity Supply Act, 1948 and is continuing
under Electricity Act, 2003. The main objective of Tamil
Nadu Electricity Board is to perform electricity generation,
transmission and distribution functions in an effective
manner and to supply quality power to its consumers.
The total generating capacity available
to Tamil Nadu Electricity Board as on 29.02.2008 is 10122
Mega Watts. This comprises of 5597 MW of TNEB’s own
generating stations, 1154 MW of Private Sector Power Plants,
2861 MW as Share from Central Sector generating stations,
External assistance of 335 MW and others (Captive Power
Plants) of 175 MW. Apart from this, a total capacity of
3693 MW is available from Wind Mills in the Private Sector,
451.6 MW from Co-generation plants and 104.85 MW from Bio-mass
plants.
Fly
ash Utilisation Policy
The building industry in Chennai Bangalore
and other cities in Southern India is witnessing a major
boost owing to the influx of many multinational companies
into this part of the county. The cement industry itself
had seen a 14% growth last year. To meet the demand for
construction activities in and around Chennai, numerous
small brick making units have sprouted. The Tamil Nadu Pollution
Control Board, is presently taking stern action against
those units who are eroding the precious top soil. to avoid
dumping of Fly ash into ash ponds and also to use Fly ash
fruitfully in the building industry and thus make available
a large quantity of Fly ash bricks and limit the growth
of the top soil-denuding conventional brick manufacturing
process, a new policy to promote large scale utilisation
of Fly ash in building material industry has to be evolved.
the Fly ash Brick Manufactures Associations and Tamil Nadu
Industrial Development Corporation have appealed to the
Government to issue a new Fly ash policy.
Information
Technology Policy 2002 New
It is a matter of pride that Tamil Nadu
was the first State in India to announce an IT Policy in
the year 1997. With a view to consolidate the gains made
so far and to propel the industry into a higher growth trajectory,
the Government of Tamil Nadu has decided to formulate a
new Information Technology Policy. The policy will put in
place the required environment for an all round growth of
the "Knowledge Economy". A State level Information
Technology Task Force under the Chairmanship of the Hon'ble
Chief Minister of Tamil Nadu was constituted in the year
1998. This Task Force met thrice and rendered valuable suggestions
and schemes for the growth of IT Industries in Tamil Nadu.
The Government has now decided to reconstitute the State
Information Technology Task Force.
Information
Technology Enabled Services (ITES) Policy
Tamil Nadu
with its excellent physical, civic and social infrastructure
and a large pool of talented, educated, hardworking, English-speaking
workforce is well positioned to capture a substantial share
of the ITES market.
Recognising
the huge potential, the pro-active Government of Tamil Nadu
is formulating a policy to exploit this enormous opportunity
for the welfare of the people.To make Tamil Nadu, the Global
ITES Capital thereby creating employment opportunities to
add value and wealth by leveraging the inherent strengths
of the State.
New
Industrial Policy - 2003 New
Industrial Policy 2003 primarily target
a growth rate of the order of 8 percent over the Tenth Plan
period. Government will reorient its strategy to facilitate
new manufacturing capacity building based on improved competitiveness.
The state will promote Foreign Direct Investment in to new
manufacturing capacity. This policy will assist the existing
industrial base to consolidate its gains and promote its
efficient growth in the highly competitive domestic and
export markets. The policy aims to engender private public
partnerships and create an environment, which enables the
flow of substantial domestic and foreign capital for infrastructure
building.
Special
Economic Zones Policy
The Government of India have announced
the concept of Special Economic Zones (SEZs) in the year
2000 through a revision in the EXIM Policy 1997-2002 with
a view to provide an internationally competitive and hassle
free environment for export production. These SEZs are virtually
deemed to be a foreign territory within the country free
from all the rules and regulations governing the import
and export. The SEZs are specifically treated as duty free
enclaves for the purpose of industrial, tariff, service
and trade operations with exemption from customs duties
and a more liberal regime on levies, foreign investment
and other transactions. The domestic regulations, restrictions
and infrastructure inadequacies are sought to be removed
for creating an investor & industry friendly environment.
Textile
Policy
According to the Annual Survey of Industries
(92-93). Tamil Nadu was the 3rd largest industrial state
in the country. The gross output of its industrial sector
was Rs.37,986 crores, accounting for 10.3% of the national
output. Its net value added of Rs.7,303 crores was also
10.3% of the national figure. Cotton textiles was prominent
among the industry groups that contributed to this ranking.
In terms of gross output value, cotton textiles increased
from 18.8% of the national share (ranked 2) in 1982-83 to
32.2% (ranked 1) in 1992-93. In terms of net value added,
the corresponding figures were 18.4% (ranked 2) and 37.4%
(ranked 1). Other textile products accounted for 20.3% of
the national gross output value (ranked 2) in 1992-93 and
22.3% of that year's net value added (ranked 2). However,
in 1995-96, the textile sector as a whole in Tamil Nadu
registered a disturbing negative growth rate.
