Industrial Policy

SC rejects 1978 expansive definition of 'industry' for 2020 labour code

The Supreme Court, by a majority of 6:3, on Thursday held that the labour-friendly expansive definition of the term "industry" in its 1978 verdict shall not be considered for the interpretation of the Industrial Relations Code of 2020. A nine-judge Constitution bench headed by Chief Justice Surya Kant also by a majority verdict held that the reference seeking reconsideration of a 1978 judgement by a seven-judge bench on the definition of "industry" was validly made. On February 21, 1978, the seven-judge bench had delivered a verdict on the definition of the term "industry" while deciding the plea of Bangalore Water Supply and Sewerage Board and expanded its definition which brought millions of employees in hospitals, educational institutions, clubs and government welfare departments under the protection of the Industrial Disputes (ID) Act, 1947. The CJI, who authored the majority verdict for himself and Justices Satish Chandra Sharma, Alok Aradhe and Vipul M Pancholi, made clear tha

WB to link industrial incentives with job creation: Industries Min. Roy

West Bengal Industries Minister Tapas Roy on Friday said the state's proposed industrial incentive scheme will be linked to employment generation rather than investment, with a new industrial policy expected to be unveiled later this month. Addressing the business conclave 'Uttaran 2026: Bangla, Building the Next Growth', Roy said industries would be eligible for incentives based on the number of jobs they create. "We are thinking of linking incentives to employment generation rather than investment," he said. The minister said the new industrial policy is expected to be announced on August 15. The state government has earmarked Rs 5,000 crore in the 2026-27 budget to revive industrial incentives after the earlier incentive scheme was discontinued by the TMC government. The new industrial policy is expected to lay down the framework for the incentive programme and include measures to improve ease of doing business through a strengthened single-window clearance system, GIS-enabled

UP Bio-plastic Industry Policy, 2024: Key features, incentives, eligibility, and implementation

The policy offers incentives to attract a Rs 1,000 crore anchor PLA unit and develop a domestic bioplastics manufacturing value chain.

Plug and Play Industrial Shed Policy (DBFOT Model) 2026: Key features, eligibility, implementation

All you need to know about the Plug and Play Industrial Shed Policy (DBFOT Model), 2026

Kerala in a tough position, but will keep promises, says CM V D Satheesan

Kerala plans to tackle its fiscal crisis through investments, blue economy, land reforms, diaspora funding and a silver economy, says CM V D Satheesan

India's manufacturing blind spot: Industrial success needs mature products

Building an industrial powerhouse requires thousands of mature products, not just frontier technologies

Rajasthan scaling new heights in industrial development: Chief secretary

Rajasthan is emerging as a preferred investment destination, backed by sector-specific policies, rapid industrial park development and infrastructure-led growth, says Chief Secretary V Srinivas

Datanomics: ULCA repeal alone no guarantee of manufacturing, infra boost

Repealing the Urban Land Ceiling Act may improve land availability, but manufacturing and infrastructure growth also depend on ease of doing business and broader reforms

Reviving the 1991 spirit: Reform lessons from then should not be ignored

Thirty-five years after the landmark 1991 Budget, India must revive the reform spirit with fresh policy changes, stronger institutions and wider reforms beyond the economy

Odisha unveils GO-EAST policy, tweaks regulations for next industrial leap

Chief Minister Mohan Charan Majhi launches GO-EAST and revises the Industrial Policy Resolution to attract investment and accelerate industrialisation in backward districts

Over 75 proposals approved under Rajasthan's investment promotion scheme

The official said that these units had applied for various benefits under RIPS-2024 to commence their production or operations

State working on land, data centre policies: West Bengal BJP chief

West Bengal's new BJP leadership has promised fresh land and data centre policies, along with incentives and tax breaks, to attract investment and revive industrial growth in the state

Shyam Metalics eyes fresh investments in West Bengal amid expansion plans

Shyam Metalics plans to invest Rs 20,000 crore in West Bengal, including expansion at Kharagpur and Jamuria, subject to the new industrial policy

Bengal BJP president signals new land policy for industrial growth

Samik Bhattacharya indicated a rethink on land acquisition, SEZs, and contract farming while assuring businesses of a more industry-friendly environment

'Permitted unless prohibited': NITI Aayog's next-gen reforms guidebook

Govt looking to clear regulatory 'cholesterol': Gauba

Riico allows subdivision of large industrial plots to boost development

This move is expected to improve land utilisation, accelerate economic activity in industrial zones, and support new investment and employment

Odisha govt clears 18 new industrial projects worth over ₹3,877 crore

Approvals across 11 districts expected to generate over 7,500 jobs, spanning metals, pharma, logistics and tourism as Odisha pushes industrial diversification

Cabinet clears ₹33,660 cr BHAVYA scheme to set up 100 industrial parks

The Cabinet approved the ₹33,660 crore BHAVYA scheme to develop 100 industrial parks with Centre-state and private participation, aiming to boost manufacturing, investment and jobs

SC to commence hearing on definition of word 'industry' from March 17

The Supreme Court on Monday said that a nine-judge Constitution bench will commence hearing on the contentious issue pertaining to the definition of the word 'industry' under the Industrial Disputes Act, 1947 from March 17. A bench of Chief Justice Surya Kant, and Justices Joymalya Bagchi and Vipul M Pancholi formulated questions for consideration. The top court asked parties to update their written submissions or submit additional fresh written submissions on or before February 28, 2026. It clarified that matter will be heard on March 17 and 18. "In our considered opinion, we have to adjudicate following issues: Whether test laid down in para 140 to 144 by Justice V Krishna Iyer in Bangalore water supply case on whether enterprise falls within definition of Industry lays down correct law? "Whether the Industrial disputes amendment act 1982 had not seemingly come into force and industry code had any legal impact on the expression 'industry'," the bench said. The top court said it

Singur's lost promise and the case for reviving industrial land value

Singur's industrial promise was undone by flawed land acquisition and a costly return to agriculture. Reviving it through farmer-led industrial parks could restore value and growth