Jharkhand is set to introduce a new Land Allotment Policy to attract industrial investment, streamline application and allocation procedures, and provide incentives for units in backward areas. A Directorate for MSMEs will also be formed, with an aim to promote small businesses, ease procedures, and generate employment
The Jharkhand Government is undertaking major reforms to boost industrial growth and attract wider investments across the state. Top officials announced that a comprehensive Land Allotment Policy, 2025 is in the pipeline, with a focus on making it easier for industries to secure land and start business operations quickly. Alongside, the setting up of a dedicated Directorate for Micro, Small and Medium Enterprises (MSMEs) is on the cards to further empower the sector and promote balanced economic development.
Key Features of the Upcoming Land Allotment Policy
The new Land Allotment Policy, presently in its draft stage, aims to smoothen the process for industries seeking land in Jharkhand. Officials discussed the policy during a recent meeting with stakeholders, jointly organised by the Jharkhand Industrial Infrastructure Development Corporation (JIIDCO) and Jharkhand Industrial Area Development Authority (JIADA). Some of the salient elements of this policy are including a clearly laid down procedures for application and allotment of land to industrial units, defined prequalification criteria for applicants and a transparent project appraisal and evaluation system, E-auctioning rules to ensure fair and open competition for land parcels, grievance redressal mechanisms to promptly resolve investors’ concerns, Land lease premium rebates and incentives aimed especially at units investing in the state’s backward areas.

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Directorate for MSMEs will Strengthen Support for Small Industries
Recognizing the vital role of MSMEs in job creation and regional development, the state government will soon establish a separate Directorate for MSMEs. The aim is to give small and medium enterprises dedicated support, from registering a business to accessing incentives and resolving technical or financing issues. The directorate will operate alongside district-level centers, providing services such as single window clearances, support for Udyam registration, and help in expanding MSME operations in both rural and urban areas
Major new investment projects on the anvil
At the stakeholder meeting, officials presented seven major projects designed to draw new investments and modern industries to Jharkhand. IT Tower in Ranchi, Flatted factory at the EMC in Adityapur, logistics park in Dhanbad, plastic park in Deoghar, Pharma park in Ranchi, World Trade Center in Ranchi and PM Ekta Mall in Ranchi. Together, these projects are projected to bring in investments exceeding Rs. 500 crore, create over 10,000 direct and 20,000 indirect jobs, and reposition Jharkhand as an attractive destination for varied industries beyond the traditional minerals sector
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A Step Towards Inclusive Growth
Managing Director of JIIDCO and JIADA, Varun Ranjan, IAS highlighted that with the new policies and infrastructure projects, Jharkhand aims to go beyond its dependence on minerals and tap into emerging industries, innovation, and entrepreneurship for sustainable growth. The state’s approach combines investor-friendly policy reforms, targeted incentives, and robust institutional support through the upcoming MSME directorate. These developments are expected to open new avenues of employment and accelerate all-round industrial growth right from bigger cities to the remote and backward regions of Jharkhand.
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