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The
State Government intends to realize the objectives of
the policy by emphasizing a coordinated development
strategy in mission mode approach. While the approach
to implementation shall draw upon strengths of the State
economy but fundamentals that impinge upon efficient,
competitive functioning of enterprises shall be revisited.
The strategy shall be:
·
To develop economic hubs through infrastructural initiatives.
· To
encourage public private partnership in infrastructure
projects.
· To
focus on economic activities enjoying comparative advantage
in the state; in particular development of food processing
industry, information communication technology, industry
having competitive advantage, and to promote development
of frontier technologies.
· To
promote mega projects with economic spin off potential,
particularly in backward regions.
· To
adopt sector specific approach focusing on incentivising
and infrastructural support for synergetic growth of
key enterprises.
·
To develop services sector especially in tourism, transport,
education, health care services and financial services.
·
To focus on development and support to the small and
medium enterprise segment.
·
To enhance export competitiveness and enable CAGR (Compounded
Annual Growth Rate) of 20%.
·
To create investor focused approach in administrative
processes, bringing about efficiency, transparency and
accountability using modern technological and management
solutions.
·
To strengthen grievance redressal mechanism.
·
To adopt human resource development by establishing
strategic linkages between industry and technical institutions
to meet future manpower requirements.
·
To continue with fiscal reforms and prudent public finance
management to release resources for deployment in key
public investment areas.
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