Role of Exports in the Economic Development of Haryana | Original Article

ABSTRACT:

Income per person in Haryana is fourth highest in India. Haryana's development organisations have created 103 separate industrial parks. Haryana's industrial estates are the product of a collaborative effort by the state's Developers in Haryana, including those working for the state and the Haryana Urban Development Authority, as well as those working on their own time. The Gurgaon region has developed tremendously over the years, notably in terms of creating a thriving industrial sector. Because of this, it is expected to become a major centre for Haryana's industrialization. Haryana has its own State Export Policy that provides many tax incentives and the most cutting-edge facilities in order to promote exports. A government agency in India called Software Technology Parks of India (STPI) oversees the Software Technology Park initiative. The Ministry of Communication and Information Technology launched it back in 1991. Power and infrastructure are two areas that the government must invest heavily on. For us to compete on a worldwide scale, it is essential that we have access to financing at market rates. Since VAT has already been introduced, the federal government should exclude state and municipal fees.