Over Rs 29,000 cr investment came during BJP regime

Image
Press Trust of India Chandigarh
Last Updated : Mar 09 2018 | 7:55 PM IST
Over Rs 29,000 crore of fresh investment was received during the tenure of BJP-led Haryana government even as a new policy to promote agri-business and food processing will be rolled out to attract investment of Rs 3,500 crore.
"During the tenure of the present government, fresh investment amounting to Rs 29,121 crore has been made, generating employment for 2,03,359 persons in the private industrial enterprises," Haryana Finance Minister Captain Abhimanyu said in his budget speech while tabling the state budget for 2018-19 here today.
"Additional investment of Rs 45,000 crore is under process in the on-going projects," the finance minister said.
He further said the state came out with a 'path breaking' Enterprises Promotion Policy-2015, aligned with the 'Make in India', 'Digital India' and 'Skilling India' campaigns to propel the state to the next level of growth trajectory.
"New Enterprise Promotion Policy has created congenial atmosphere for development of industries in the state. In the year 2016, the State stood at 14th rank in the Ease of Doing Business rankings of the country," he said in his speech.
Seeking to give impetus to food processing industry, Abhimanyu said, "Agri-Business and Food Processing Policy 2018 is under formulation".
"Further, by establishing efficient forward and backward linkages, it aims to create greater employment opportunities across the entire food value chain, thus promoting agriculture and rural prosperity.
The policy aims to attract an investment of Rs 3,500 crore and to generate 20,000 new job opportunities in the sector," he said.
He said the state government had recently approved Haryana Textile policy 2018.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 09 2018 | 7:55 PM IST

Next Story