Jharkhand- Investment Policies

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Industrial and Investment Promotion Policy 2016

Jharkhand, the 28th state of the Indian Union, was brought into existence by the Bihar reorganization Act on 15th Nov 2000. The State has immense potential for industrialisation with its large deposits of minerals amounting to 40% of the total mineral wealth of the country. It is the sole producer of coking coal, uranium and pyrite and ranks first in the production of Coal, Mica, Kynite and Copper in India.

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Startup Policy 2016

Government of Jharkhand proposes a two pronged approach to create a robust startup cum entrepreneurial ecosystem under its startup policy 2016. The part of the policy proposes a startup Jharkhand action plan while the second part of the policy elucidates the various enablers that are required for creating successful startups as well as creating the larger entrepreneurial eco-system in the state.


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IT and ITeS Policy 2016

The Information Technology (IT) - Information Technology Enabled Services (ITeS) sector in India has continued to register tremendous growth over the past decade, achieving an enviable status all over the world. It has also got a reputation for reliable and cost-effective delivery of IT and ITeS services. All over the world consumer markets in the developed world are sourcing IT-ITES from India to gain benefits and improving their competitive edge.

The Annual Report 2015-2016 by Meity, Government of India (Go!), cites that worldwide technology products and services (IT and BPM Services excl. hardware) related spend had been estimated to reach US$ 1.2 trillion in beginning of 2016. Cloud-based applications. big-data analytics, mobile systems, social media and cyber security may contribute significantly towards incremental expenditure in the coming years. NASSCOM predicts that these new opportunities will lead to IT exports from India of USD 175 billion by 2020.

 

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Jharkhand is one of the leading States in providing good governance through IT and e-governance. Various departments of the State are providing numerous citizen services through e-Governance applications. Considering that the BPO/BPM industry is dependent on entrepreneurial skills and risks that are associated with business, the best that government can do is to provide a conducive environment for such an industry to thrive in the urban/sub-urban/as well as rural areas.

 

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Mineral Policy 2017

 

A mineral is a naturally occurring Chemical Compound usually of crystalline form having a specific chemical composition, where as a rock can be an aggregate of different minerals or mineral-kid. Minerals are the life line of the development towards human need and the developing world. Minerals are used to make household articles to building materials. Jharkhand is known as 'Museum of Minerals' right from Coal Bed Methane to Coal in fossil fuel to Industrial minerals, Uranium, Kyanite, Copper and associated minerals, precious and semi-precious minerals etc. are found in the State.

 

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Draft Jharkhand Internet of Things (IoT) Policy

 

Use the Internet of Things potential to improve our lives, our work places and our industrial efficiencies and capabilities while taking into account security, privacy and trust requirements.

Internet of Things (IoT) is a system of interrelated computing devices, mechanical and digital machines, objects, animals or people that are provided with unique identifiers and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction. – as per The Government of India Phones, Tablets and PCs are not included as part of IoT.

 

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