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Jharkhand cabinet approves new industrial and investment promotion policy, aims at 1 lakh crore investment, 5 lakh jobs in five years

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One month extra pay for outsourced contractual health staff 

Ranchi, July 6: Hemant Soren-led Jharkhand cabinet on Tuesday gave nod to the new draft industrial and investment promotion policy at a meeting held at the Project Bhawan Secretariat.

Chief minister Hemant Soren speaking to scribes at the secretariat confirmed of the industry and investment policy getting nod of the cabinet.

“The industry and investment policy would be implemented for five years and has a target of providing creating over 5 lakh jobs with an investment of Rs 1 lakh crore attracted from various industrial domains. There is also provision to provide special incentives to private universities and health institutions in the policy,” said a source in the state cabinet secretariat.

The new policy would be implemented in the state from April 1, 2021 and there is a target of attracting over 1 lakh crore as investment and create job opportunities in excess of five lakh. The policies aims at providing investment through incentives in textile, automobiles, electronics, pharmaceuticals and automobile sectors in the state.

The companies willing to invest in the state will be given five percent additional subsidies apart from the provisions laid out in the earlier policies. Similarly there will be incentives for those willing to invest in setting up privage hospitals and private varsities in the state.

The other proposals which got nod of the state cabinet include one month additional pay for  outsourced health workers on contract in different sectors of the health departments. The government had earlier given nod for one month additional pay for doctors and regular health staff as an incentive for working during the Covid-19 second wave.

During the meeting held under the chairmanship of chief minister Hemant Soren five more proposals got the nod which include admission in state-owned B Ed colleges on the basis of merit list and graduation would be the qualifying criteria for the merit list and even those students who are in final years of graduation can also apply. The merit list would be prepared Jharkhand Combined Entrance Competitive Examination Council and the same institution would also arrange for counselling of the selected candidates.. The decision was taken as per the NCTE Regulations-2014 due to the Covid pandemic.

In a major relief for private bus owners, school bus operators, city buses, those owners who have not been able to  pay road tax during lockdown period (April and June) will not have to pay additional tax as the government has waived off tax for the lockdown period.

This apart, it was decided to take service of the  contractual health professionals under the emergency Covid-19 response plan who are doing duty at Covid hospitals across state.

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