JHARKHAND INDUSTRIAL POLICY 2012
36. MEMORANDUM OF
36.1 (a) MoU may be agreed / signed
between Government of Jharkhand and Investors for new investment.
(b) MoU may be
agreed only for Mega Industries.
(c) Initially, MoU
indicating the intention of the investor in brief about the proposed
industry and the possible facilitation to be extended by the State
Government which will remain valid only for a maximum period of 12 months.
second stage of MoU will be signed which will include complete details of
the project including DPR with the site selected, resources required for
the unit, possible sources of funds, raw materials, consumables, utilities,
manpower requirement, infrastructural details, time-frame for
(e) MoU signed
initially will automatically expire after one year if the second stage of MoU
is not signed with the State Government.
36.2 (a) Existing MoUs which have been partly or fully executed and
for which benefits have been availed under Jharkhand Industrial Policy 2001
will stand completed.
reached MoUs, where 50% of the proposed investment has not been made, will
be required to be reached afresh after expiry of the existing due date of
MoU or 31.03.2012, whichever is earlier. Such MoUs reached afresh will be
treated as second stage of MoU, as mentioned in 36.1 (d).
(c) All cases of
previously reached old MoUs, with inadequate investment or without
investment, will be re-evaluated by High Powered Committee before these are
permitted for second stage MoU as mentioned in 36.1 (d).