Chandigarh (Balwinder Singh): The Haryana government has set a target of converting at least 70% of investment Memorandums of Understanding (MoUs) signed under its new industrial policy into actual projects. Industries and Commerce Minister Rao Narbir Singh said work had already begun on investment proposals worth more than Rs 1.05 lakh crore, out of the total MoUs signed so far.
At a meeting with officials from the Industries Department at the Chandigarh Secretariat on Thursday, November 12, the minister reviewed the progress of investment proposals and directed officials to maintain regular contact with investors and provide them with the necessary support.
According to Singh, Haryana has signed 123 MoUs worth Rs 2.37 lakh crore since the investor roadshow and policy launch in June. Additional MoUs worth Rs 9,600 crore have also been signed.
The minister said turning these commitments into projects was a priority for the state government. He asked officials to ensure that investors did not face difficulties in moving their proposals forward.
Haryana Steps Up Follow-Up On Investment Proposals
Industries Department Commissioner and Secretary Amit Agrawal said the government was regularly following up on MoUs signed under the new policy during engagements in Japan, Singapore, Mumbai, Karnal and Gurugram.
To help investors secure land, the department has formed a dedicated team to facilitate access to industrial plots in Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) estates as well as privately owned land. Options are also being explored in private industrial parks.
The department has appointed four Udyog Saathis in every district to provide investors with information and assistance. Agrawal also said the department had sought an additional budget of Rs 500 crore from the Finance Department.
Singh emphasised that investor facilitation and consistent follow-up would be important to achieving the state’s investment targets. He linked these efforts to Prime Minister Narendra Modi’s vision of a developed India by 2047.
Subsidy Support And Logistics Plans For MSMEs
The meeting also reviewed measures aimed at supporting micro, small and medium enterprises (MSMEs).
Agrawal said the Plug and Play Policy under the MSME framework provides for a subsidy of Rs 5 lakh. He also outlined proposals for the Haryana Multi-Modal Logistics Plan and the Haryana EV-Cargo Logistics Scheme.
The minister directed officials to clear pending cases involving subsidies available to MSMEs from the Central Government at the earliest.
He also asked the department to resolve pending petitions under the Firms and Societies Act and complete the process of making necessary amendments. The proposed changes are intended to be placed before the state Assembly during its upcoming session.
250-Acre Urban Park Proposed In Manesar
The meeting also discussed a proposed green space in Manesar. According to Agrawal, HSIIDC plans to develop an Urban Hidden Park across approximately 250 acres, drawing inspiration from Delhi’s Lodhi Garden, Nehru Park and international parks.
Work on the first phase, covering 83 acres, is expected to begin first. An agency has been asked to prepare the Request for Proposal (RFP) for the project.
The proposed park is expected to serve as a green lung for the Gurugram region.
Senior officials present at the meeting included Industries Department Director General Yash Garg, HSIIDC Managing Director Vinay Pratap Singh and Additional Director of MSME Bharat Bhushan Gogia, along with other department representatives.
