![]() Haryana's Industrial park near IGI Airport | |
State agency overview | |
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Formed | 1 April 1967 |
Jurisdiction | Government of Haryana |
Headquarters | 30 Bays Building, Ground Floor, Sector 17-C, Chandigarh, Haryana, India 30°44′23″N76°46′58″E / 30.7398339°N 76.782702°E Coordinates: 30°44′23″N76°46′58″E / 30.7398339°N 76.782702°E |
Minister responsible | |
Parent department | Department of Industries & Commerce, Haryana |
Website | www |
Haryana Financial Corporation (HFC) (est. 1 April 1967), is a state-owned agency of the government of Haryana in the Indian state of Haryana, which was founded to provide the integrated finances to small- and medium-sized enterprises to boost economic growth. [1] It offers several fund and non-fund based financial services on real fast track basis for ensuring high growth in a short period for setting up new industrial units and for the expansion and diversification of the existing industries. [2] [3] [4] [5]
Related government-owned agency, HSIIDC, [6] [7] [8] [9] was formed to develop integrated industrial, commercial, special economic zones (SEZ)s, [7] technology parks, [10] [11] Integrated Multimodal Logistics Hubs, [12] road, rail, sports and public infrastructure in the state of Haryana in joint venture or public–private partnership. [13] Various universities, educational and training institutes, including the nation's first skills university Haryana Vishwakarma Skill University, provide the human resources to capitalise on the finances offered by the HFC and the infrastructure created by the HSIIDC. Among the related initiatives to boost growth, Haryana was the first state to introduce Labour Policy in 2005, [7] [14] and Land Pooling Policy in 2017. [15]
HSVP is another related government-owned agency responsible for the urban development. [16]
HFC was formed on 1 April 1967 by the Department of Industries & Commerce, Haryana to promote Small and medium-sized enterprises for rapid industrialisation. [2]
It has branches at various district headquarters of the state. [17]
Bhupinder Singh Hooda is an Indian National Congress politician who is the current Leader of the Opposition in Haryana Legislative Assembly. He also served as the Chief Minister of Haryana from 2005 to 2014.
Kamal Nath is an Indian politician who served as the 18th Chief Minister of Madhya Pradesh for approximately 15 months and resigned after a political crisis. He was the Leader of the Opposition in the Madhya Pradesh Legislative Assembly from March 2020 to April 2022.
Panchkula (PKL) is a planned city and district headquarter in the Panchkula district, part of the Ambala division in Haryana, India. The origin of the name Panchkula came from the place where five irrigation canals meet. At present, it forms a part of an adjoining area to the Chandigarh, Mohali and Zirakpur. It is approximately 4 km (2.5 mi) southeast of Chandigarh, 105 km (65 mi) southwest of Shimla, 44 km (27 mi) from Ambala and 259 km (161 mi) northeast of New Delhi, the national capital. It is a part of the Chandigarh capital region or Greater Chandigarh. The Chandigarh-Mohali-Panchkula metropolitan region collectively forms a Chandigarh Tricity, with a combined population of over two million.
Ambala district is one of the 22 districts of Haryana state in the country of India with Ambala town serving as the administrative headquarters of the district. District Ambala lies on the North-Eastern edge of Haryana and borders Punjab and Himachal Pradesh. Ambala district is a part of Ambala Division.
Sonipat is a city, municipal corporation and administrative headquarter in Sonipat district of Haryana state of India. It comes under the National Capital Region and is around 44 kilometres (27 mi) from New Delhi. It is also around 214 km southwest of Chandigarh, the state capital. The Yamuna River runs along the eastern boundary.
The Korea Development Institute (KDI) is a Korean government agency established in 1971 to conduct policy research. KDI has conducted research on a broad range of economic and social issues, including macroeconomics policy, fiscal policy, and labor.
Bawal is a big industrial town located, near Rewari city in Rewari district in Indian state of Haryana. It lies in the National Capital Region (NCR) of India. It is located on national highway NH 48, 11 km from Rewari, the district headquarter, 50 km from Gurugram and 91 km from New Delhi railway station. Bawal Tehsil is a part of the Rewari district. It was one of the three districts of the erstwhile Nabha State under British Raj.
Suresh Prabhakar Prabhu is an Indian politician, India's Sherpa to the G7 and Chancellor of Rishihood University. who was the Minister of Civil Aviation, Railways, Commerce & Industry in the First Modi ministry.
Dharmendra Pradhan is an Indian politician serving as the Minister of Education and Minister of Skill Development and Entrepreneurship in the Government of India. He has also been the Minister of Petroleum & Natural Gas and Minister of Steel.
Nangal Choudhary is a town and tehsil in District Mahendragarh at Narnaul in India. A famous personality, Baba Ramdev, belongs to the village which is a part of this region.
The Ministry of Finance is a ministry within the Government of India concerned with the economy of India, serving as the Treasury of India. In particular, it concerns itself with taxation, financial legislation, financial institutions, capital markets, centre and state finances, and the Union Budget.
The economic liberalisation in India refers to the opening of the country's economy to the world with the goal of making the economy more market and service-oriented, thus expanding the role of private and foreign investment. Indian economic liberalisation was part of a general pattern of economic liberalisation occurring across the world in the late 20th century. Although some attempts at liberalisation were made in 1966 and the early 1980s, a more thorough liberalisation was initiated in 1991. The reform was prompted by a balance of payments crisis that had led to a severe recession and also as per structural adjustment programs for taking loans from IMF and World Bank.
GSDP of Haryana state was US$85 billion in 2016–17 which had grown at 12.96% CAGR between 2012–17, boosted by the fact that this state on DMIC in NCR contributes 7% of India's agricultural exports and 60% of India's Basmati rice export, with 7 operational SEZs and additional 23 formally approved SEZs also produces India's 67% of passenger cars, 60% of motorcycles, 50% of tractors and 50% of the refrigerators, which places Haryana on 14th place on the list of Indian states and union territories by GDP behind only much bigger states that are significantly larger in both area and population. As per Nov 2016 data, Gurugram ranks number 1 in India in IT growth rate and existing technology infrastructure, and number 2 in startup ecosystem, innovation and livability.
Nano City was a project proposed by the Haryana government and Sabeer Bhatia to build a city similar to Silicon Valley in northern India. The city was intended to cover 11,000 acres of land near Panchkula.
The Government of Haryana has appointed Ashwin Johar, as Chairman of Foreign Investment and NRI Cell, Haryana, which would provide an Institutional mechanism for: Provision of guidance and advisory services for attracting foreign investment in the state and redressal of other problems faced by the NRI’s of Haryana domicile e.g. property, marital discord, and law and order issues etc.
Haryana Shahari Vikas Pradhikaran (HSVP), formerly Haryana Urban Development Authority (HUDA), is the urban planning agency of the state of Haryana in India except Gurugram and Faridabad which has Gurugram Metropolitan Development Authority and Faridabad Metropolitan Development Authority respectively. It was established in 1977. The Minister of Town and Country Planning Department, Haryana is the chairman of the authority. The headquarters of the authority is located in Panchkula, Haryana.
Manubhai Shah was an Indian politician who played an important political and developmental role in independent India for over half a century.
Public Sector Undertakings (PSUs) are government owned establishments, which are established and owned by the Government of India or State governments of India. The public sector undertakings are established either by nationalisation or an executive order incase of union government and state government or act of parliament incase of union government and act of state legislature incase of state government with the purpose to earn profit for the government, control monopoly of the private sector entities, offer products and services at an affordable price to the citizens and for the achievement of overall financial goals & developmental objectives in the country.
Haryana State Industrial and Infrastructure Development Corporation (HSIIDC), formerly Haryana State Industrial Development Corporation (HSIDC), headquartered at Panchkula, is a 100% state-owned agency of the government of Haryana in the Indian state of Haryana. For ease of doing business, Haryana is the first state in India to introduce a labour policy in 2005 and Land Pooling Policy in 2017, for which HSIIDC acts as the nodal agency. Haryana Financial Corporation provides financial assistance for setting up new industrial units and for the expansion and diversification of the existing industries. Various universities, educational and training institutes, including the nation's first skills university Haryana Vishwakarma Skill University, provide the human resources to capitalise on the infrastructure created by the HSIIDC.
Rai is a village and development block in Sonepat tehsil of Sonepat district in Haryana state of India. It is located just 1 km from Sonepat.