Madhya Pradesh- Investment and Industrial Policies
The Government of Madhya Pradesh has displayed a strong commitment for the socio-economic development of the citizens of the state. Conservation of the state's rich biodiversity, its sustainable use for expanding livelihood security and ensuring equitable sharing of its benefits have been part of this larger commitment.
Biotechnology is research-led and capital intensive. It demands the supply of trained human resource. At the same time there are strengths emanating out of traditional wisdom that need to be protected and enhanced for the larger common good.
The new Captive Power Policy of the State Government, is highly detrimental to efficient utilization of power generating capacity created at a considerable cost, conservation of electricity through demand side management and reduction of losses in utilization of electricity. Captive power plant means power plant including generating sets if any installed by consumer of Madhya Pradesh Electricity Board (MPEB) for his own use.
Energy is the prime mover of the development of any economy. While conventional fuels viz coal and oil has been the primary sources for energy, their long term availability has been an area of concern. Besides their increased usage has led to high concentrations of greenhouse gases (GHGs) in the atmosphere which is an increasingly important concern with regard to global warming and resultant climate changes.
The Government of Madhya Pradesh had announced its Tourism Policy in 1995, which had, as one of its major objectives, the promotion of Eco and Adventure Tourism.
The importance of tourism and the benefits derived from it are well known. With changing times, interests of tourists have also changed requiring development of newer varied forms of tourism.
Hydro - electric power is one of the cleanest and most viable renewable sources of energy. Madhya Pradesh Government has been constantly promoting setting up of non-conventional power plants.
State Government has declared incentive policy26-09-1994 and08-08-2006 for non-conventional energy sources and there after time to time their amendments accordingly Small Hydro Power production is within the control of State Government.
Madhya Pradesh strives to use Information Technology to achieve the following objectives
- Improve the life of the common man leveraging the strengths of e-Governance.
- Attract investment in the sector so that the educated youth is able to contribute to the development of the State.
- Create a pool of highly skilled professionals who are at par with the best in the country.
- Transforming Resource Based Economy to Knowledge Based Economy.
- Mineral Wealth has a significant contribution in development of the nation as well as the State. The Government of India declared a National Mineral Policy in respect of Non-fuel and Non-atomic minerals in the year 1993.
- The Government of Madhya pradesh for the first time declared a Madhya Pradesh Mineral Policy in the year 1995.
Madhya Pradesh is the second largest state in the country in terms of area. Its population has crossed the 60 million mark and accounts for 5.88% of the total population of the country. Although the sex ratio has reflected an increasing trend, the state still ranks amongst the more backward states in terms of most demographic indicators. Diversity in Socio-economic conditions is in the nature of the state. With an area of 3.08 Lac square K.M. and density of population 196 per kilometer, it makes the State a difficult terrain, hard to reach and inaccessible. In terms of Human Development Index (HDI) with an index value of 34.8 the state lags behind the all India average of 45. The state also has a sizable tribal population.
Science & Technology (S&T) is the most potent tool for development in the world of today. Scientific and technological endeavour is therefore everywhere planned and organized to achieve specific objectives of social, economic and cultural development and prosperity. Be it the governments or the multinational corporations, civil institutions or defence establishments, they all recognize and give due importance to planned scientific and technological development in their plan and strategies.
The Government of Madhya Pradesh has taken note of the growing recognition of impacts of climate change and recognizes the need to tackle challenges that arise on account of these impacts through integrated policy prescriptions and programmes aimed at mitigation of impacts and adaptation to reduce vulnerability of systems. Based on this green initiative, by endorsing the essential need to prevent avoidable erosion of natural carbon – energy resources the state is endowed with, the state has committed to promote promotion of generation of electricity from Renewable Energy sources.