Ashutosh Varshney

Possibilities of redemption


Ashutosh Varshney

Exports worth Rs 45,830 crore made from Haryana during 2010-11

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The Haryana government on Thursday released the figures of exports from the state and claimed to have crossed Rs 48,530 crore during 2010-11. While revealing the figures, the government's spokesperson also announced that the state had so far received Foreign Direct Investment (FDI) of Rs 13,128.8 crore, of which an investment of Rs 9,628.8 crore had come up after the implementation of the Industrial Policy, 2005.

"Having catalysed an investment of about Rs 61,000 crore, since 2005 and an investment of about Rs 97,000 crore being in the pipeline, Haryana has more than 1,000 projects with foreign technical or financial collaboration. The government has announced its new 'Industrial and Investment Policy-2011', which has been effective from January 1, 2011. The new policy is expected to expand the investment horizons to the relatively backward areas of the state," said an official of the Haryana Industries and Commerce Department.

"The state has a rich industrial base with 1,362 large and medium units, of which 113 units were set between 2005 and 2011, with an investment of Rs 2,887.6 crore providing employment to 19,626 people. About 83,000 Small Scale Industrial or MSME (Micro, Small and Medium Enterprise) units have also been set-up in the state, of which 15,440 units were set up during 2005-2011 with an investment of Rs 6,823.8 crore providing employment to 2,35,573 people," the officer said

"As it has become imperative to understand the dynamics of the MSME sector in the background of new parameters fixed under the provisions of MSME Development Act, 2006, the department has undertaken a fresh survey of industrial units established in the state. It is simultaneously intended to create a database of the number of the existing and operating industrial units, along with those in the process of being established," he added

The Department has engaged an agency, Mott MacDonald, to undertake and complete the survey.

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