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
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.
The vision for the tourism sector
of Rajasthan is "To promote tourism as a means
to ensure sustainable economic development and positive
social change through development of tourism while preserving
and protecting the environment and heritage."
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.
The policy for development of the
road sector on a Build, Operate and Transfer basis which
was framed in Rajasthan State in 1994, has been recently
modified to encourage a greater level of participation
of entrepreneurs in the development of the road sector.
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.
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 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.
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.
Mining lease in the Government land
shall be granted by auction or by inviting tenders or
applications, as decided by the Government after delineation
of plots of the prescribed size. The plots so
delineated shall be notified for grant of mining lease
by the Director, Department of Mines and Geology, Udaipur,
with the prior approval of the Government in the daily
newspapers. The size of the plot shall be 2.25
hectares, but it may be changed by the Director for
reasons to be recorded in writing.
Method of Selection for Grant of Mining
Lease or Quarry Licence
Mining lease/quarry licence is granted
by method of application invited through newspapers.
All applications are considered equally irrespective
of the date of submission. The method of
lottery is used in certain situations, such as, to make
a selection from two or more eligible applications for
the same plot.
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.
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.
