Friday, March 12, 2021

Chandigarh, March 12 – Positioning the state as a significant contributor to “Aatmanirbhar Bharat” and “Make in India” initiatives, Haryana Chief Minister, Mr Manohar Lal said that the Directorate of Micro, Small and Medium Enterprises, in 2021-22 fiscal, would work towards strengthening Haryana’s presence in 5 major focus areas; that is Aerospace and Defence, Toy Industry, Services sector, Construction and Industrial Parks.

The Chief Minister, who also holds the Finance portfolio, disclosed this while presenting the State Budget for the year 2021-22 during the ongoing budget session of the Haryana Vidhan Sabha today.

 He said that at present the State Government has been consistently taking effective measures to improve the Ease of Doing Business, strengthen physical infrastructure, and promote growth in the thrust sectors. The state has newly launched its Haryana Enterprises and Employment Policy, 2020 which envisions to propel the State’s industrial growth story. Through the incentives in the policy it aims to attract investment of Rs. 1 lakh crore and generate 5 lakh jobs in the State.

He said that with a special focus on MSMEs, our government launched the Micro Small Medium Enterprises Policy (MSME), 2019, which focuses on quality cluster development initiatives, domestic and international market development, online market linkages and enhancing export readiness of MSMEs in Haryana.

He said that to provide financial assistance to MSME, the State Government has started MSME revival interest benefit scheme so that they can meet out the expenditure of 63 their labour and wages. We are providing Rs. 15000 at 2% interest rate to 3 lakh people to help them start their micro-enterprises/economic activities.

He said that a state-of-the-art industrial and commercial township of nearly 3,300 acres of land near Kharkhoda, Sonepat and Industrial Model Township at Sohna of about 1400 acres are being developed. These townships will be in the vicinity of KMP Expressway connecting the Gurugram-Sohna-Alwar highway, he added. He said that an Integrated Multi Modal Logistics Hub is being developed in PPP mode as the largest logistics hub in North India over 886.78 acres at Nangal Chaudhary, Narnaul with an investment of Rs. 4000 crore. It has the potential to reduce the goods movement time from 14 days to 14 hrs, he added.

He said that a mega project with an investment of Rs. 7083 crore and potential to generate 7000 jobs is being set-up by M/s ALT at IMT Sohna, for which HSIIDC has allotted 178 acres of land. The company plans to invest Rs. 7000 crore in next few years to supply batteries to industries including smart phones two and three wheeler e-vehicles, he added.

He said that the State’s conducive policies continue to make Haryana the trusted destination for investors. Out of 495 MoUs signed, 188 have been implemented or are under implementation, with a potential investment of Rs. 24,051 crore and expected employment generation for 32,030 persons.

 “Haryana emerged as one of the frontrunner States in ‘Start Up India’ programme, 4119 Start Ups have been registered which is substantially higher than the registered startups in neighboring states of Punjab, Himachal Pradesh, Uttrakhand and Rajasthan”, he added.

He said that State’s performance on the export front is appreciable despite lack of natural resources and distance of the State from the seaports. The State today accounts for exports of nearly 3.79 percent of India’s export with a contribution of Rs. 91,701 crore in the year 2019-20. Rigorous efforts are being made to enhance export capabilities, especially in the thrust sectors in the state.