CONTENTS Definitions iv 1. Introduction 1 1.1. Background 1 1.1.1. Overview of Industrial Policies and their Impact 2 1.2. Need of the study 3 1.2.1. Role of Industrial policy in the shift of State gross Domestic Product (GSDP) 5 1.3. Aim 6 1.4. Objective(s) 6 1.5. Methodology 6 1.6. Analytical Framework 7 1.8. Literature Review 7 1.8.1 Himachal Pradesh State development report 7 Problems in industrialization due to terrain 7 1.8.3 Himachal Pradesh state Profile-2010 8 1.8.3 Himachal is getting highly industrialized 8 1.8.4 To know and understand the similar cases 10 1.8.5 Industrial policy reforms in India 12 1.8.6 Findings through Literature Review 19 2. Selection of study area 20 2.1 Why Himachal Pradesh 21 3. Himachal Pradesh at a Glance 21 3.1 Brief History of Himachal Pradesh 21 3.2 Location and Boundary 23 3.3 Forests 23 3.4 Climate and Rainfall 23 3.5 Area and Population Profile 24 3.6 Economy 24 3.7 Administrative structure 25 4. Industries in Himachal Pradesh 27 4.1. History of Industrialization in Himachal Pradesh 27 4.2. Current Scenario of industries 28 Industrial Areas/Estates 30 4.3. Registered and Unregistered industrial units and their decadal growth 31 4.3.1. Approval of new Industries 31 4.3.2. State Level Single Window Clearance & Monitoring Authority 35 4.3.3. No of units set up after the notification of Special Package 35 4.4. Contribution of industrial sector in economic development 36 4.4.1. Role in Himachal Pradesh economy 36 Role in regional and backward area development 39 5. Incentive policies, Guidelines and Incentive Packages 40 5.1.1. Industrial policy revolution -1956 40 5.1.2. Industrial Policy Measures in the 1960s and 1970s 41 5.1.3. The new Industrial Licensing Policy of 1970 41 5.1.4. The new Industrial Licensing Policy of 1973 42 5.1.5. The Industrial Policy Statement -1977 42 5.1.6. Industrial Policy Statement -1980 42 5.1.7. Current Incentive by Central Government i.e.2003 incentive policy 43 5.1.8. Incentives by state government 43 5.2. Himachal Pradesh Incentive rules 44 5.2.1. Component analysis of 'Rules regarding grant of incentives to industrial units in Himachal Pradesh 1991' 44 5.2.2. Rules regarding grant of incentives, Concession, and Facilities to industrial units in Himachal Pradesh 1996 49 5.2.3. Industrial Policy Statement- 1999 49 Objectives 49 5.2.4. Industrial policy and incentive guideline 1999 50 Incentives & concessions 50 Sales Tax Concessions 50 Power Concessions 51 Interest Subsidy to Tiny & Small Scale Units in Priority Sector located in Industrially Backward areas 52 Capital Investment Subsidy 52 Price Preference 52 Subsidy on the cost of preparation of feasibility report 52 Facility for quality, productivity, technical up gradation & Pollution control devices 53 Incentives available to units in tax free zone 54 Scheme for sick units 54 Project specific special package 55 Power to amend and/or relax/repeal any or all provisions of the rules 55 6. Conclusion and Findings 64 6.1 Conclusion and Findings 64 6.2 Suggestions 68 Bibliography 70 Annexure I 72 Thrust Industries in Himachal Pradesh 72 ANNEXURE-II 73 Negative list of industries 73 List of Tables 75