NORTH EAST INDUSTRIAL AND INVESTMENT PROMOTION POLICY (NEIIPP)
- The North Earth Industrial and Investment Promotion Policy (NEIIP), 2007 is a revised version of the erstwhile North East Industrial Policy (NEIP), 1997, and was notified for a period of 10 years upto 2017.
- The scheme covers eight North East states recognized under North Eastern Council (NEC) including Sikkim.
- The scheme provides incentives to all new as well as existing units which go for industrial expansion located anywhere in this region.
- Incentives are provided in terms of excise duty exemption besides income tax exemption, capital investment subsidy, central interest subsidy and comprehensive insurance.
INDUSTRIAL INFRASTRUCTURE UPGRADATION SCHEME (IIUS) / MODIFIED IIUS
- Industrial Infrastructure Upgradation Scheme (IIUS) was launched in 2003 with the objective of enhancing competitiveness of domestic industry by providing quality infrastructure.
- Central assistance upto 75% of the project cost subject to a ceiling of 50 crore was considered for each project.
- The Scheme was recast in February, 2009 on the basis of an independent evaluation study to strengthen the implementation process.
- Two stage approval mechanism was introduced, final approval was to be given within six months of initial approval after achieving certain milestones.
- The ceiling of the central assistance was raised from Rs. 50 to Rs. 60 crore.
- After evaluation of IIUS in 2011, a modified scheme viz. Modified Industrial Infrastructure Upgradation Scheme (MIIUS) was notified in July, 2013 for sanction of new projects.
PACKAGE FOR JAMMU AND KASHMIR
- New Industrial Policy and other concessions for the State of J&K were introduced by the DIPP on 14th June, 2002 for a period of ten years.
- The incentives / concessions provided for industrial development in the state are (i) Central Capital Investment Subsidy Scheme, 2002; (ii) Central Interest Subsidy Scheme, 2002: (iii) the Central Comprehensive Insurance Scheme, 2002.
- The package has been extended for a further period of 5 years from 15.06.2012 to 06.2017 with certain modification in the package.
PACKAGE FOR HIMACHAL PRADESH AND UTTARAKHAND
- New Industrial policy and other concessions for the States of Himachal Pradesh and Uttarakhand were introduced by the DIPP on 7th January, 2003.
- The Scheme has been extended from 07.01.2013 to 03.2017.
- The new package includes Central Capital Investment Subsidy @ 15% for investment in plant and machinery subject to a maximum limit of Rs.30 lakh for all new units established or on substantial expansion for existing units.
IMPORTANT INDUSTRIES IN INDIA
- The price and distribution control of cement has been removed since 1989 and the cement industry has been de-licensed in 1991.
- India is producing different varieties of cement like Ordinary Portland Cement (OPC), Portland Pozzolana Cement (PPC), Portland Blast Furnace Slag Cement (PBFS), Oil Well Cement, White Cement, etc.
- India is the second largest manufacturer of cement after China in the world.
- The cement industry comprises of 190 large cement plants and approximately 360 mini cement plants. Total Cement production was 04 million tonnes during 2013-14.
- The Department collects cess on Cement. The cess collected was deposited in the Consolidated Fund of India.
- The Ceramic industry comprises ceramic tiles, sanitaryware and crockery.
- Indian Tile industry ranks 3rd in the World production after China and Brazil. It is a non-polluting industry and uses clean fuel like natural gas.
- Paper industry was de-licenced in July, 1997. As per the present policy, FDI up to 100% is allowed on the automatic route for the pulp and paper sector.
- The newsprint sector in the country is governed by the Newsprint Control Order (NCO), 2004.
- India continues to hold 3rd position in the production of salt in the world after China and USA with an annual production of 19 lakh ton and second largest producer of iodized salt (58.47 lakh ton) next to China.
- Bureau of Energy Efficiency (BEE), a statutory body under the Ministry of Power has introduced energy efficiency based star rating for air-conditioners to help consumers buy the best energy efficient products.
- Nickel cadmium batteries and other rechargeable batteries are manufactured in the country to meet the requirement of defence, telecornmunications and electronics.
- Indian foundry industry is the fifth largest in the world. Typically, each foundry cluster is known for catering to some specific and use markets. For example, the Coimbatore cluster is famous for pump sets castings, the Kolhapur and Belgaum cluster for automotive castings, Rajkot cluster for diesel engine castings and Batala and Jalandhar cluster for machinery parts and agricultural implements.
- India is the second largest bicycle producer of the world, next only to China. Most of the manufacturing units are located in Punjab and Tamil Nadu with Ludhiana (Punjab) being a major Bicycle production hub.
