A panel, headed by Niti Aayog member Ramesh Chand, on charting a roadmap for growth of Bihar, Jharkhand, Odisha, West Bengal and Andhra Pradesh could propose tax incentives, simplified compliance procedures and setting up special economic zones in these eastern states for holistic growth and development of the region, said a senior official.
The panel, set up in line with the announcement in the budget for 2024-25 on a development road map for these states under the Purvodaya mission, is expected to submit its report next month.
"It could suggest incentives for manufacturing and skill development in these states to prevent large-scale migration of workforce to other developed and industrialised states," the official told ET on condition of anonymity.
The incentives would be given largely by the state governments for attracting investments, but the Centre would back the central programmes, according to the official.
State-level plans with emphasis on key sectors including agriculture, rural development and allied sectors and mining are also being firmed up as part of the report to address the challenges being faced by these states.
Besides, the panel has carried out a thorough evaluation of the performance of existing development programmes in these states, both central as well as state schemes, and is likely to suggest necessary interventions to ensure last-mile delivery of scheme benefits.
It is also likely to suggest that a robust monitoring framework be put in place in each state to prevent delays in approvals for faster project execution.
Consultations between central ministries and top state officials have been held in the past one year to firm up the blueprint for sustainable growth of eastern India.
According to the official, the roadmap will focus on three main pillars-creation of world-class infrastructure, human resource development to cater to regional demand and push to state-specific economic opportunities.
The panel, set up in line with the announcement in the budget for 2024-25 on a development road map for these states under the Purvodaya mission, is expected to submit its report next month.
"It could suggest incentives for manufacturing and skill development in these states to prevent large-scale migration of workforce to other developed and industrialised states," the official told ET on condition of anonymity.
The incentives would be given largely by the state governments for attracting investments, but the Centre would back the central programmes, according to the official.
State-level plans with emphasis on key sectors including agriculture, rural development and allied sectors and mining are also being firmed up as part of the report to address the challenges being faced by these states.
Besides, the panel has carried out a thorough evaluation of the performance of existing development programmes in these states, both central as well as state schemes, and is likely to suggest necessary interventions to ensure last-mile delivery of scheme benefits.
It is also likely to suggest that a robust monitoring framework be put in place in each state to prevent delays in approvals for faster project execution.
Consultations between central ministries and top state officials have been held in the past one year to firm up the blueprint for sustainable growth of eastern India.
According to the official, the roadmap will focus on three main pillars-creation of world-class infrastructure, human resource development to cater to regional demand and push to state-specific economic opportunities.
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