Andaman & Nicobar - Other Investment Policies
The A&N Islands are still at the infant stage of industrial development and have been declared as an Industrially Backward Region Category-`A' by the Government of India. The pace of industrial growth in the A&N Islands has been slow mainly due to the locational disadvantages and lack of infrastructural facilities.
The A&N Administration had formulated an Industrial Policy in the year 1988 which helped in creating investment in Small and Tiny Sector. However the Industrial growth was very modest and slow in view of the absence of attractive package of incentives and concessions to new industrial ventures. In view of these new developments and changing economic scenario, the A&N Administration has pronounced a new Industrial Policy-1996.
One of the prime policy consideration of a democratic government is the need to ensure that the benefits of its initiatives spread evenly and reach the under privileged population groups as well. While the benefits of citizen services projects reach the rich and the poor equally, IT projects aimed at improving the internal efficiencies benefit the poor indirectly through better planning and targeting of weaker section programs and superior enforcement of law. Apart from this, the IT should percolate to the middle class and people below the poverty line. This can be achieved by taking Internet to the villages, promoting IT-enabled education, tele-medicine and socially relevant extension and outreach programmes.