by Haryananewswire (Balbir)
CHANDIGARH, AUG 5
Haryana Chief
Minister Mr Bhupinder Singh Hooda today said that he favoured Foreign Direct
Investment (FDI) in retail sector as it would benefit the farming class and it
should be left to the state Governments to decide on its implementation in
their states.
Mr Hooda, who was in Kolkata today was replying to
questions of members of the Chambers during an ‘Interactive Session’ on
‘Investment Opportunities in Haryana’. The function was organised by MCC
Chamber of Commerce and Industry, Kolkata.
While strongly advocating for FDI in retail sector, Mr
Hooda said that FDI would get better prices of the farm produces to the farmers
and he himself being a son of a farmer, knew that the prices,
which the farmers get were not adequate. “My clear view is that FDI in retail
is in farmers interest and It should be left to the states to decide on its
implementation”added Mr Hooda.
Earlier
while addressing an Interactive Session on ‘Investment Opportunities in
Haryana’ organised by MCC Chamber of Commerce and Industry- Kolkata at Kolkata
today ,Mr Hooda said that the State has achieved 81 per cent implementation
rate of pledged investments, which is ahead of States like Gujarat,
Maharashtra, Tamil Nadu and Karnataka.
Mr. Hooda said, “We are planning a number of infrastructure initiatives
under the Delhi Mumbai Industrial Corridor project – which is a project of
international magnitude”.
The Chief Minister said that professional and academic world is commenting
on Haryana’s growth story. As per the report of Centre for Monitoring Indian
Economy(CMIE) for the year 2007, Haryana achieved the top position in terms of
per capita investment. As per INDIA TODAY’s State of the States study report of
2011, Haryana is ranked as the top State in ‘Most improved big State’ - Health
and Education Sector categories. The State has recently bagged the most
competitive State award 2012 in the category of ‘Most Innovation Driven
Economies’ conferred by the Institute for Competitiveness and Mint.
He said that though geographically a small state, yet Haryana
contributes nearly 3.4 per cent to the national GDP. With per capita income of
Rs. 1.09 lakh during 2011-12, it occupies the top position amongst
the major states of the country. Haryana offers unique competitive advantage
vis-à-vis other states of the country and has emerged as a preferred investment
destination among the domestic and foreign investors, he added.
While highlighting growth story of Haryana, he said that from being
primarily an agrarian state, Haryana has come a long way since its formation
and has found its rightful place on the global industrial map. While
agriculture continues to be its mainstay, it is now an industrial giant and has
emerged as an ideal location for industrialists and investors alike.
The state-of-the-art infrastructure
facilities, industry-friendly policies, responsive administration, peaceful law
and order situation and abundant skilled manpower make it a preferred
destination for setting up of industry and enterprise.
Mr. Hooda said that Haryana has registered an average annual growth rate
of 6.4 per cent from 1966-67 to 2004-05 whereas during the last seven
years, from 2005 onwards, the State economy grew at an excellent average annual
growth rate of 9.4 percent, much higher than the rate of growth of the Indian
economy which was 8.4 per cent. The exports from Haryana have crossed Rs.
48,530 crore during the year 2010-11. Apart from this, the State has catalysed
an investment of about Rs. 61,000 crore since 2005 and investments of about Rs.
97,000 crore are in the pipeline. In addition, the State has more than 1,000
projects with foreign technical and financial collaborations. Multi-national
companies such as Siemens, ABB, Suzuki, GE, Honda, Smithkline Beecham, JCB,
Mitsubishi, IBM, Yokohama, Alcatel, Perfetti, Barco, Norcool, Johnson Matthey,
Becton Dickinson, Caparo, Harley Davidson and Hollister have their proud
presence in Haryana.
The Chief Minister said, we are ensuring adequate power supply,
water supply and provide effective logistics support to industry. The Global
Corridor, known as KMP (Kundli-Manesar-Palwal) expressway will facilitate
seamless connectivity to Haryana. Its 135 kms long route offers new
opportunities of development.
Mr. Hooda said that the Industrial and Investment
Policy of 2011 facilitates promotion of investment in the State. In order
to provide a level playing field, the State had simplified rules and procedures
and fixed timelines for clearances so as to improve efficiency and transparency
through the Haryana Industrial Promotion Act, 2005.
He said that Haryana was one of the first States to come out with a
comprehensive and progressive Labour Policy. Any vision for growth remains a
mere pipe-dream unless it is supported by good governance and political will.
We have an excellent track record on the law and order front with one of the
lowest crime rates in the country. The work force in Haryana is diligent and
hard working. The number of mandays lost on the industrial front in Haryana is
one of the lowest in the country.
Mr. Hooda said that the state government had always been sensitive to the
needs and aspirations of the farmers and land owners whose land is acquired for
various developmental projects. ‘Our landmark Rehabilitation and Resettlement
Policy has been emulated by other States as well. The policy provides for
Annuity to land-owners for 33 years over and above land compensation. Now
Government launched land pooling scheme ensuring an opportunity to the
landowners to become partners in the process of development and gain optimum
benefits, he further added.
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