The Government of Jharkhand has taken several leading initiatives in order to attract industrial investment in the State. These policies have graphed a framework for accelerating development and envisage a set of incentives and schemes, with the Government creating the right kind of business climate by removing the roadblocks and thereby enhancing the inflow of capital. With 40 per cent of the nation's mineral reserves, the State Government is committed to rapid development by leveraging the Location Advantage, combined with visionary Political Leadership and a proactive Industrial Policy. The State Industrial Policy aims to ensure accelerated completion of infrastructural projects, generate employment, improve productivity, and thus promote balanced deveopment of the State. The policy lays emphasis on the growth of small, tiny and cottage industries. The Jharkhand Government is providing attractive incentives for investment in the State. These include fiscal and sales tax incentives, incentive for quality certification, incentive for mega units, special incentive for IT industry and rebate for IT infrastructure, capital investment incentives, captive power generating subsidy, interest subsidy, incentive for employment generation, etc. The State Government firmly believes in maximising capital investment in the State for its accelerated economic development and generation of employment opportunities. The State Government is committed to create an environment conductive to growth of industries in the State. It is determined to encourage investment in the industries based upon the State's agro-climatic, mineral and manpower resources as also in development of infrastructure. Industrial Areas The State has at present three Industrial Area Development Authorities with headquarters at Adityapur, Bokaro and Ranchi. These authorities are responsible for acquisition of land, development of infrastructure facilities like road, drainage, park, water supply, public utilities, etc. within their jurisdiction. It is contemplated to establish an Industrial Area Development Authority for Santhal Pargana with headquarters at Dumka. The State Government would endeavour to identify new industrial areas so as to ensure each district has at least two industrial areas which would facilitate balanced growth of the entire State. The Government is committed to provide international standard infrastructure and facilities in the industrial areas and estates managed by the Industrial Area Development Authorities. Existing infrastructure shall be upgraded and maintained efficiently. Supporting facilities in these industrial areas in terms of access to information, transportation linkages, housing facilities, telecommunication, health, education, sports, etc. would further be strengthened and new facilities wherever required would be provided. Steps would be taken to revamp the Industrial Area Development Authorities and bring them under unified control to ensure uniform application of procedures, facilities and benefits to the entrepreneurs. Importantly, the Government would encourage establishment of Private Industrial Estates by acquiring and making available such land at the acquisition cost. The Government in turn will also provide infrastructure facilities such as water, electricity and road at the doorstep of such private industrial estate. The extent of such private industrial estate shall not be less than 100 acres. Such private industrial estate shall be allowed to install a captive power plant to generate and distribute power directly within such industrial estate. Social Infrastructure Social infrastructure in close proximity of industrial areas estates would be developed. The Government would encourage private participation in putting up well planned and systematic residential facilities, quality residential non-residential schools, hospitals, etc. Large industries would be persuaded to establish such facilities individually or to pool their resources to set up these facilities collectively. The State Government shall endeavour to provide land and other facilities at concessional rates for this purpose. Growth Centres The State Government has formulated an ambitious plan to set up and promote 3-Tier Growth Centres, namely at Mega, Mini and Micro levels. Mega Growth Centres at Barhi, Hazaribagh have been taken up for providing modern infrastructure facilities for rapid industrialisation. These growth centres envisage an investment of Rs 30-40 crore and shall provide quality infrastructure inputs like land, water, power, communication, etc. Industry specific Mini Growth Centres are being contemplated to be set up by the Government at different locations in the State where specific industrial activity needs to be boosted. The location of these growth centres has been selected keeping in mind the inherent locational advantages with respect to availability of raw material, manpower, connectivity and market. The Government shall provide the following facilities at such growth centres: