Industrial Development In Haryana
Industries
With a splendid economic growth, one of the higher per capital income indices, sound industrial infrastructure, strong manufacturing base, advanced agricultural sector and vibrant service sector, Haryana is among the highly economically developed and industrialised states of India. The state has its manufacturing stronghold particularly in sectors like automobile and auto components, light engineering goods, Information Technology (IT) and Information Technology Enabled Services (ITeS), textile and apparels, and electrical and electronic goods.
The state has always shrived to create and maintain a conducive environment for attracting investment through investor-friendly rules and procedures and timely and smooth delivery of services. It has made sustained efforts in removal of any bottlenecks in smooth operation of industries. State Government has enacted Industrial Promotion Act, 2005, introduced self-certification schemes and made provision for outsourcing of the authority to provide enabling environment for investors. As a result of its investor-friendly policies, the state has been successful in attracting huge investments. The state has been acknowledged as a leader in per capita investment for the year 2007, as per the Centre for Monitoring Indian Economy (CMIE) report.
Industrial Development
Haryana state continues to retain its position as a preferred investment destination. The State continues to maintain its lead in the country in terms of rate of implementation of the pledged investment. The Industries Department has taken major initiative in the last few months for improving 'Ease of Doing Business' through simplification of procedures, minimising of waiting period, improvement of business environment and introduction of information technology, to make governance more efficient and effective.
Industrial development started in Haryana after ________________ as plans were developed to utilise the mineral resources. | |||
| Right Option : A | |||
| View Explanation | |||
Which of the following are correct : (a) Haryana State Industrial Development Corporation provides financial assistance by way of term loans for Infrastructural development in the state of Haryana (b) Haryana State Industrial Development Corporation performs functions on behalf of the State Government/Industrial Development Bank of India (c) Haryana State Industrial Development Corporation works as an agency for entrepreneurs and established industries for enhancement of capacity and modernisation. | |||
| Right Option : D | |||
| View Explanation | |||
Which of the following statements is/are true regarding the industrial development policies in Haryana? A. The New Industrial Policy of 2015 aligns with the national initiatives like 'Make in India' and 'Digital India'. | |||
| Right Option : A | |||
| View Explanation | |||
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