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The government of Maharashtra is working on the new draft industrial policy 2011. For the first time, the state has roped in ICRA for detailing the proposals. Shubhro Sen reports that PricewaterhouseCoopers has also been roped in a week ago.
Availability of land for industry has always been a concern in Maharashtra. According to estimates, there are about 40,000 to 50,000 closed units in the state. The new policy will look into unlocking the massive areas on which these units stand. PwC has been put in charge to detail a process of transfer and to provide relevant information about the assets to interested parties upfront.
Next on the agenda is sick unit rehabilitation. The state government seeks to join hands with the prime ministers task force proposal on the same and take it further to the implementation stage. Apart from these, the e-biz initiative will become fully operational under the new policy. So far, information could only be filed on most government websites. But now, the state wants complete digitization of the backend. This means people can track the status of their applications online.
'Udyog Mitra' - a dedicated body for the systematic facilitation and monitoring of investments is proposed to be setup.
Apart from this, there is continued emphasis on encouraging investment in backward areas and giving impetus to MSMEs. In fact, the MSME policy of the state is being contemplated to be made into a subset of the state industrial policy - thus extending further incentives like interest subsidies to such units in backward areas.
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