Jharkhand government mulls policy to boost industry sector, entrepreneurs seek reforms

The is Banking on formulation of newpoliciesand setting up new Infrastructure for boostingJharkhands manufacturing and Industrial Sector in the coming weeks.

While the final draft of the new Jharkhand Industrial and Investment Promotion Policy (JIPP) is due to be tabled before the state cabinet for its approval, the stateindustriesdepartment is currently formulating four new sector-specific policies in an attempt to draw investments.

Besides the JIPP, at least four new policies – Jharkhand Industrial Park Policy, Jharkhand Purchase Policy, Jharkhand Auto and Electronic Vehicles Policy and Jharkhand Food Processing Industries Policy are currently being drafted. Apart from that, as many as three policies, which were approved during the tenure of former chief minister Raghubar Das, will be revisited.