Ra­jasthan Plans Ready­made Man­u­fac­tur­ing Fa­cil­i­ties

State is tar­get­ing in­vest­ment in these ready to move in units un­der its plug & play pol­icy

The Economic Times - - Economy: Macro, Micro & More - Deepshikha.Sikar­war @times­group.com

New Delhi: Ra­jasthan plans to soon of­fer ready to move in man­u­fac­tur­ing fa­cil­i­ties in the state un­der its plug and play pol­icy.

This is yet an­other mea­sure to boost in­dus­trial de­vel­op­ment in the state which has been at the fore­front of re­forms in labour laws and changes in land pol­icy aimed at at­tract­ing in­vest­ments.

“A num­ber of in­vestors, es­pe­cially smaller play­ers, do not want to go through the whole process of land ac­qui­si­tion, build­ing a fac­tory,” Veenu Gupta, prin­ci­pal sec­re­tary for in­dus­tries in Ra­jasthan govern­ment told ET. “They pre­fer ready to move in built-up space that will pro­vide basic fa­cil­i­ties such as wa­ter, elec­tric­ity so they can just move in ma­chin­ery and be­gin pro­duc­tion im­me­di­ately,” she said.

The state is eye­ing in­vest­ment in gar­ments, gems and jew­ellery, IT and other non-pol­lut­ing man­u­fac­tur­ing busi­nesses.

A num­ber of Japanese in­vestors from the small and medium en­ter­prises have evinced in­ter­est in tak­ing up such fa­cil­i­ties, Gupta said.

POL­ICY RE­FORMS

The state govern­ment will in­vite bids for de­vel­op­ment of these plug and play fa­cil­i­ties in a week, Gupta said. Six spots have been iden­ti­fied with plot sizes up to 40,000 square me­tres, she said.

A de­tailed pol­icy frame­work has been pre­pared to sup­port this plug and play model of quick in- dus­trial de­vel­op­ment.

Be­sides, the state is in the process of re­vamp­ing its sin­gle-win­dow clear­ance sys­tem to cut down hu­man in­ter­face and is in­tro­duc­ing in­ten­sive track­ing to en­sure smoother ap­provals to in­vestors as part of en­hanc­ing ease of do­ing busi­ness.

The assembly has given its goa­head to a pro­posed land ac­qui­si­tion law, the Ra­jasthan Land Pool­ing Schemes Bill, and an­other landmark leg­is­la­tion that could usher in sig­nif­i­cant re­form in the land mar­ket – the Ra­jasthan Ur­ban Land (Cer­ti­fi­ca­tion of Ti­tles) Bill, 2016.

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