In the draft of the new industrial policy of the Haryana government, the government's focus will be to target 1 lakh crore investment in the industry sector and create 5 lakh jobs. Under this, Haryana has to be established as a preferred destination in terms of investment. As it is, in the Ease of Doing Business Survey, Haryana ranks first in North India and third in the country.
According to the draft 'Haryana Enterprises and Employment Policy 2020', Haryana has to be established as a competitive and preferred investment destination. Plans are being made to provide livelihood opportunities to its people through achieving regional development, exporting diversification and flexible economic growth. Under this, industrial units will have to be strengthened in all the 22 districts of the state and there will have to create a suitable environment for investors. This policy is being finalized and it will be finalized by the end of this month. The new policy is expected to propose regulatory reforms in land, labor and institutional mechanisms. This new policy emphasizes the need for a balanced regional development across the state.
Under this, emphasis will also be laid on the expansion of industry for the industrially backward areas of the state and setting up mega projects there. It will also have a number of projects for the future development of the MSME sector. This includes promoting a greenfield and brownfield investment, adopting a labor-intensive approach to the development and maintenance of industrial infrastructure, execution of strategic skills development initiatives and technological interventions. The focus of the policy has been on employment generation through media.
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