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Maitri Policies

IT Policy

Overview

The Government of Maharashtra announced its 1st LoI / Registrations to IT/ITES Parks and Units Policy in 1998. It was followed by the LoI / Registrations to IT/ITES Parks and Units-2003 and LoI / Registrations to IT/ITES Parks and Units-2009 to generate employment, increase efficiency and to improve the quality of life. Based on the experience gained while implementing the earlier policies and based on the recent developments in IT/ITES sector an urgent need was felt to formulate a new policy to keep pace with the global developments and give a fillip to the IT/ITES industry in the State. For preparing this policy document several rounds of discussion were held with various stakeholders. Based on the outcome of these discussions and based on the experience of the department in implementing earlier IT/ITES policies, a new LoI / Registrations to IT/ITES Parks and Units-2015 has been framed.

Vision

“Maharashtra - a globally competitive Information Technology / Information Technology Enabled Services destination that promotes inclusive growth and to establish Maharashtra as an intellectual and knowledge capital of India”.

Mission

To place Maharashtra amongst the most preferred investment destinations for global investors through promotional strategies combined with developing a competitive and sustainable investment environment, thereby making Maharashtra as one of the most favoured economic magnet and center of attraction.

Objectives

The objectives of the LoI / Registrations to IT/ITES Parks and Units - 2015 are as follows:
  • To retain Maharashtra's leadership position in IT/ITES Sector
  • To further accelerate investment flow to industrially underdeveloped regions of the state
  • To create more employment opportunities for educated youths of all sections of the society across all regions
  • Achieving higher level of export turnover resulting in enhanced productivity and augmentation of Gross State Domestic Product (GSDP)
  • Leveraging information technology as a tool for the socio-economic development of the state
  • To promote Intellectual Property creation along with original content creation for new product and unique services offering for B to B & B to C

Targets

In line with the policy objectives, the government has set the following targets for the policy period:
  • To attract an investment of Rs.50,000 crores by the private IT parks and the IT / ITES / AVGC units in the State
  • To create new jobs for 1 million persons
  • To raise annual exports from IT / ITES / AVGC sector from the State up to to ₹ 1,00,000 crores

Industrial Policy

Overview

The Government of Maharashtra announced its 1st LoI / Registrations to IT/ITES Parks and Units Policy in 1998. It was followed by the LoI / Registrations to IT/ITES Parks and Units-2003 and LoI / Registrations to IT/ITES Parks and Units-2009 to generate employment, increase efficiency and to improve the quality of life. Based on the experience gained while implementing the earlier policies and based on the recent developments in IT/ITES sector an urgent need was felt to formulate a new policy to keep pace with the global developments and give a fillip to the IT/ITES industry in the State. For preparing this policy document several rounds of discussion were held with various stakeholders. Based on the outcome of these discussions and based on the experience of the department in implementing earlier IT/ITES policies, a new LoI / Registrations to IT/ITES Parks and Units-2015 has been framed.

The Industrial Policy, 2013 focuses on the following:

  • Increased focus on less developed regions of the state to bring them on par with mainstream industrial development.
  • Customized package of incentives for Ultra Mega and Mega Industrial Investment
  • Holistic approach to MSME development
  • Initiatives to encourage employment-intensive industries
  • Path-breaking initiatives for investor facilitation and ease of doing business
  • Optimal utilization of land for industrial development
  • Strengthening of industrial infrastructure
  • Assistance to unviable sick units for easy exit and to viable sick units for reviva
  • Incentives to bring about sustainable industrial development

Vision

“Maharashtra - a globally competitive manufacturing destination that promotes faster sustainable investment and inclusive growth”.

Mission

To place Maharashtra amongst the most preferred investment destinations in Asia, for global investors, through aggressive promotional strategies combined with developing a globally competitive and sustainable investment environment, thereby making Maharashtra as one of the most favoured economic magnets and centres of unlimited attractions.

Objectives

The objectives of the Industrial Policy, 2013 are:
  • To retain Maharashtra‟s leadership position in industrial investment within the country
  • To further accelerate investment flow to industrially underdeveloped regions of the state
  • To create more employment opportunities

Policy Targets:

  • To achieve manufacturing sector growth rate of 12-13 percent per annum
  • To achieve manufacturing sector share of 28 per cent of State GDP
  • To create new jobs for 2 million persons
  • To attract investment of ₹ 5 Lakhs Crore (₹ 5 Trillion)

Biotechnology Policy

Overview

One of the great opportunities in this age of “Century of Knowledge” is the emergence of knowledge based IT industries and another emerging opportunities on the horizon is Biotechnology. Biotechnology has the potential to transform the lives of the people in the state by impacting hugely on agriculture, animal husbandry, health, environment protection and material transformation. It is to realize this potential that the state has already announced Biotechnology Policy-2001.

Strategic Initiatives:

  • For effective implementation of this policy, the Maharashtra Biotechnology Board has been constituted under the Chairmanship of Hon’ble Chief Minister
  • Dr. Raghunath Mashelkar, a renowned scientist has been appointed as Chairman of Maharashtra Biotechnology Commission
  • Accordingly budget provision has been made for ₹ 9.83 Crore in the financial year 2007-08
  • The state will emphasize the importance it attaches to Biotechnology by observing State Biotechnology Day on 14th November, the birth anniversary of Late Jawaharlal Nehru

Objectives

  • Provide to the farmers to the State better, high-yielding, drought and pest-resistant crops suited to the agro-climatic conditions of the State;
  • Help to develop affordable and more cost-effective drugs and devices to counter diseases common to India and to tropical and sub-tropical areas, and to reduce the disease burden;
  • Develop cheaper and effective technologies to purify water sources and to deal with Industrial effluents and urban wastes, etc.;
  • Improve the livestock in the State in order to increase the earning capacity in rural areas;
  • Improve the marine stock to improve the productivity of the fishing industry;
  • Enhance the value and utility of medicinal plants and traditional systems of medicine by developing new products with global potential;
  • Develop and promote utilization of animal diagnostics and vaccines for preventing losses and increasing realization from livestock and poultry;
  • Augment feed and fodder availability and processing;
  • Improve the overall nutritional security in the State;
  • Improve the quality of life through better health and better environment

Targets

In line with the policy objectives, the government has set the following targets for the policy period:
  • To attract an investment of Rs.50,000 crores by the private IT parks and the IT / ITES / AVGC units in the State
  • To create new jobs for 1 million persons
  • To raise annual exports from IT / ITES / AVGC sector from the State up to to ₹ 1,00,000 crores

Special Economic Zone Policy

Overview

To attract foreign direct investment, promote export and generate employment in the country, the State Government has announced a policy for setting up Special Economic Zone, vide G.R. dated 12.10.2001 and subsequently, Central Government has enacted SEZ Act, 2005

Objectives

Definition of 'Special Economic Zone - SEZ'
  • Special Economic Zone (SEZ) is a specifically delineated duty free enclave with all required infrastructure provided under single administrative umbrella primarily meant for locating industries which manufacture and export goods and services .
  • These enclaves shall be deemed to be foreign territory for the purposes of trade operations and duties and tariffs.
  • Every unit in SEZ should be positive net foreign exchange earner.

Basic Objective for Establishing Special Economic Zone (SEZ)

  • Generation of additional economic activity
  • Promotion of exports of goods and services;
  • Promotion of investment from domestic and foreign sources;
  • Creation of employment opportunities;
  • Development of infrastructure facilities.

Who can set up SEZs?

  • Special Economic Zone can be established either by Central Government ,State Government or its agencies, private/public/joint sector or any person for manufacture of goods or rendering services or for both or as a free trade and warehousing zone.
  • To establish sector specific SEZ minimum investment should be 250 Crores or net worth should be 50 Crores.
  • To establish multi product SEZ minimum investment should be 1000 Crores or net worth should be 250 Crores.