Mizoram - Investment and Industrial Policies

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Bamboo Policy 2002

Bamboo represents a vast untapped major resource of Mizoram State whose full ecological and economic potentials remain underutilized; it needs to be recognized, developed and promoted in a manner ensuring ecological security for all round sustainable development of the State and well- being of its people.

Bamboo is an essential component of forest eco- system, which is a dominant feature of state's landscape. Traditional living and lifestyle of Mizo society, to a large extent, is dependent on bamboo for its variety of uses and bamboo has much to offer by way of contributing to socio-economic advancement of modern Mizo society. The ecofriendly Bamboo crop has immense potential in improving rural economy, industrial development and a sound economic base for the state on sustained basis.

Bamboo-sector development is a high priority thrust area of the State Government and Government of India. Thus there is a need to promote bamboo development for the benefit of rural sector.

The change over from traditional use to a modern use tracking a high potential growth path in an eco-friendly manner needs a clear vision, an appropriate policy framework and a road map. Hence the necessity of drafting a Bamboo Policy.


Information Technology Policy

Information Technology (IT) is the world's fastest growing economic activity. It is transforming resource-based economies to knowledge-based economies. IT has become the greatest agent of change and promises to play this role even more dramatically in future. IT changes every aspect of human life, apart from impacting changes in the field of communications, trade, manufacturing, services, culture, entertainment, education, research and national security. IT breaks old barriers and is building new interconnections in the emerging concept of a single global village. It has also become one of the critical indicators of the progress of nations, communities and individuals. The advent of IT offers opportunities to overcome historical disabilities. IT is a tool that will enable Mizoram to achieve the goal of becoming a strong, prosperous and self-confident state. IT promises to compress the time it would otherwise take for Mizoram to advance rapidly in its march towards faster development and in occupying a position as a progressive and self-sufficient state.

Mizoram recognizes IT as the fastest and the most advanced vehicle of change for all-round progress and development of the State. In view of the potential of IT, the State Government advocates widespread proliferation of IT in the State and adopts the following policy supports for promotion of IT in the fields of E-Governance, Empowerment of the people and the society, Education, Industry, Health, Rural Development, Agriculture, Tourism, IT for Masses, and IT Enabled Services.


New Industrial Policy 2000

The Industrial Policy of Mizoram State was first notified on 15.3.89 with a view to give direction to the strategies for industrial development of the State. While announcing the said policy statement, the Govt. of Mizoram took full cognizance of the Industrial Policy Resolutions of the Govt. of India announced during 1948-1956 and the amendments made thereof during 1973, 1977 and 1983. Policy resolutions were taken on 1989 with a sense of commitment to the people of Mizoram to improve the economy of the State and thereby bring about higher quality of life arid happiness to the people of Mizoram.

While making the policy resolutions in 1989, the Govt. was fully aware of the objectives of the Central Govt. in regards to upgradation of technology, export promotion, balanced growth, broad-basing entrepreneurial skill and to improvement of technical skill for rapid growth of industries under a fast changing industrial scenario of the country.


Road Development Policy

Mizoram is an industrially backward State with the vast majority of its people living below the poverty line. The growth of population in the State during the last one decade has been 29.18% as against the national average of 21.34%, to a current population size of 8.91 lakh. Given the State's geographical area of 21,087 sq. kms, Mizoram has a population density of 42 per sq. km, compared to the all-India average of 324 per sq. km.

The State has good potential for economic growth in the areas of agriculture, horticulture, tourism, handicraft, etc. Universally, the development of infrastructure, particularly transport infrastructure, is a key prerequisite for economic development. However, in Mizoram, the lack of adequate transport infrastructure has been the major inhibiting factor on its economic growth and development.