Haryana Cabinet to Review Ambitious New Industrial Policy Aiming for ₹5 Lakh Crore Investment
Haryana cabinet to decide fate of new industrial policy today

Image: Hindustan Times
The Haryana Cabinet, led by Chief Minister Nayab Singh Saini, is set to discuss the 'Make in Haryana Industrial Policy 2026,' which aims to attract ₹5 lakh crore (approximately $60 billion USD) in investments and create 10 lakh (1 million) jobs over the next five years. The policy includes sector-specific initiatives focusing on high-growth areas like semiconductors and pharmaceuticals.
- 01The policy includes 10 sector-specific initiatives to boost investment and employment.
- 02A capital subsidy will be provided for new industrial investments and youth recruitment.
- 03Incentives for research and development are also part of the proposed framework.
- 04The employment generation subsidy will increase from ₹48,000 to ₹1 lakh per employee.
- 05The policy aims to ensure timely payments to investors, including an 8% interest on delayed payments.
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The Haryana Cabinet is poised to deliberate on the 'Make in Haryana Industrial Policy 2026,' which sets ambitious targets of attracting ₹5 lakh crore (approximately $60 billion USD) in investments and generating 10 lakh (1 million) jobs within five years. Chief Minister Nayab Singh Saini's proposal encompasses at least 10 different sector-specific policies aimed at sectors such as semiconductors, pharmaceuticals, and agriculture-based industries. The policy framework is designed to promote local employment, offering a subsidy increase from ₹48,000 to ₹1 lakh per employee hired through the Haryana Kaushal Rozgar Nigam portal. Additionally, the policy promises timely payments to investors, including an 8% interest on delayed payments. Other incentives include capital subsidies for new investments and research and development support, with the aim of establishing Haryana as a premier investment destination. The cabinet meeting will also address the establishment of common industrial secretariats to streamline investor interactions with government departments.
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The policy is expected to stimulate economic growth in Haryana by attracting significant investments and creating numerous job opportunities, directly benefiting local job seekers and businesses.
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