Punjab-Investment and Industrial Policies

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New Industries Policy 2009

Punjab was the first Indian State to use agricultural technology to engineer a "Green Revolution", recording the highest growth rate in food production. Today, with its rich agricultural resources and favourable climate, the state continues to be one of the largest producers of food grains and cash crops in the country. Punjab contributes 68 per cent to the annual food production of India. Punjab's large agriculture base gives it a competitive advantage in industries such as food processing and textiles.

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Information Technology Policy- 2001

The Information Technology has been globally recognized as an important vehicle of "growth and development" in the new millennium. India has come of age and embraced Information Technology (IT) as the principal engine of rapid growth. The Government of Punjab is committed to deploy IT as an effective tool for catalyzing accelerated economic growth, efficient governance and human resource development to ensure that Punjab becomes a full and equal partner in India's resolve to become an IT superpower; infact the Punjab be one of the favoured IT destinations.


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Notification Textile Policy 2006

Textile Industry occupies a unique position in India, being one of the earliest to come into existence in the country. In Punjab also this Industry is making significant contribution to the State's economy and to the national foreign exchange earnings. It adds about 19% to the total industrial production in the State and contributes to nearly 38% of the total exports from Punjab. Textile is the only Industry which is self-reliant and complete in value addition i.e. from raw material to the highest value added products - garments / made-ups. Therefore, the growth and development of this Industry has a significant bearing on the overall development of the economy.


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Periphery Policy

The Chandigarh Periphery Controlled area was created with the twin objectives of ensuring a planned future expansion of the New Capital City and to prevent mushrooming of unplanned construction around it. The Punjab New Capital (Periphery) Control act, 1952 accordingly aimed at regulating the use of land and preventing unauthorized and unplanned urbanization in a 16 kilometre periphery.

Since then, planned satellite townships of SAS Nagar (Mohali) and Panchkula have come up in the Periphery in addition to a large cantonment. Further in 1990, the State Government declared an area of 10,000 Acres near Dera Bassi, falling within 23 villages of Patiala district, to be a Free Enterprise Zone (FEZ), where the setting up of industries was to be permitted.


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Tourism Policy 2003

To develop tourism as the major industry of Punjab by providing leadership and organizational & strategic direction, to improve the quality of the tourism product, to develop places of tourist interest, to provide necessary facilities for all categories of tourists and pilgrims, to market Punjab Tourism Products internationally and domestically so as to provide employment and for the economic, environmental, social and cultural benefit of our citizens.


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Textile Policy 2006

In pursuance of Clause 1.3 of "Industrial Policy – 2003" which inter-alia provides for creation of special thrust in the area where Punjab has an advantage in terms of cost & competitiveness, the Governor of Punjab is pleased to notify the Textile Policy 2006 as under to encourage the Textile Industry in the State of Punjab:

Textile Industry occupies a unique position in India, being one of the earliest to come into existence in the country. In Punjab also this Industry is making significant contribution to the State's economy and to the national foreign exchange earnings. It adds about 19% to the total industrial production in the State and contributes to nearly 38% of the total exports from Punjab. Textile is the only Industry which is self-reliant and complete in value addition i.e. from raw material to the highest value added products - garments / made-ups. Therefore, the growth and development of this Industry has a significant bearing on the overall development of the economy.


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Web Policy

The Government of Punjab is committed to deploy IT as an effective tool for catalyzing accelerated economic growth, efficient governance and human resource development. The Government recognizes the need of using Web Potential in bridging the gap between the Government and the Citizen.

Wherever citizen interface is involved, Web enabled applications will be developed. All public domain information like official gazette notifications, acts, rules, regulations, circulars, policies and programme documents would be digitized and made available for electronic access on Web. The entire effort of developing and hosting websites of different Departments, Boards & Corporations needs to streamlined and integrated. To achieve this, it is important to have common guidelines and policy for the Website Development, Hosting and Maintenance for various State Government Departments, Boards and Corporations.


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Water Policy 2008 (Draft)

Water is the most essential natural resource for life, next to air, a basic human need, the most important input for all development activities and a precious State natural resource. Efforts need to be made to develop, plan, conserve, utilize and manage this important resource, both surface and ground water, in a judicious, equitable sustainable and sound economic manner. This should be guided by the State and national perspective, to support the growth of State's economy and well being of the population in response to growing demand for drinking water, agricultural production, industrial production and generation of electricity.


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