Economy of Delhi


Delhi is the backbone of the nation’s economy. Delhi contributes significantly towards the economy of the country.Besides the IT sector, handloom, fashion, textile and electronic industry have equally contributed to Delhi’s economy. Though the economy heavily depends on industries, there are other sources of income as well. A small but significant income comes from the cultivation of crops and animal husbandry. The important crops grown in the capital include wheat, gram, Bajra and Jowar. Tube wells and canals are major sources of irrigation. While buffaloes are the main source of milk, goat and pigs are the main sources of meat.

INDUSTRY

  1. INDUSTRIAL POLICY


  2. The policy lays special emphasis on promotion of industries which can achieve optimum level of production with less space, power and can generate employment for skilled persons and sophisticated industries produce high value added items touching areas of new technology.

  3. INCENTIVES


    • Subsidy of 50%, up to Rs. 0.05 million, of investments in anti-pollution equipment.


    • Reservation of 10% factory sheds for women entrepreneurs to be allotted at Jhandewalan Complex.


    • Finance at the rate of 12.5% through Delhi Finance Corporation (DFC) for women entrepreneurs.


    • DFC term loans for small and medium scale industries.


    • DFC soft loans and seed capital for investors who cannot afford to make promoters' contributions.


    • DFC guidance for new entrepreneurs on identifying projects and filling loan forms.


    • Delhi State Industrial Development Corp. (DSIDC) support for investors on project evaluation and market surveys.


    • DSIDC assistance in marketing of SSI products.

  4. INDUSTRIES DIVISION


  5. 3.1. Sheds Constructed Under Half-A-Million Job Programme

    The Delhi State Industrial Development Corporation (DSIDC) has constructed 840 Industries sheds to implement the Scheme launched by Government of India titled “Half-a-million Job Programme" in the year 1973-74 at various Industrial Complexes detailed below:

    S.No. Name of Complex No. of Sheds
    1. Okhla Industrial ComplexPh-I 232
    2. Okhla Industrial ComplexPh-II/I 112
    3. Okhla Industrial ComplexPh-II/II 34
    4. Okhla Industrial ComplexPh-II/III 59
    5. Wazirpur IndustrialComplex 103
    6. Lawrance Road Industrial Complex 90
    7. Jhilmil TahirpurIndustrial Complex 33
    8. Rohtak Road Industrial Complex Ph-I 177

    Most of these sheds were allotted to the educated unemployed persons. However some of the sheds were also allotted to the Business Associates of the DSIDC and others for the purpose of Export Oriented Units.

    3.2. Sheds Constructed Under Self Financing Scheme

    DSIDC has also constructed 446 Industrial sheds under SFS Scheme under Master Plan of Delhi:

    1. Kirti Nagar Packing Complex (Timber related & Packing)
    2. Mangolpuri Engg. Complex (Light Engg.)
    3. Okhla Computer Complex (Computer related)
    4. Rohtak Road Indl. Complex (General)

    3.3. Commercial Properties

    In order to provide infrastructural facilities to these units, DSIDC constructed Kiosks, Shops and Canteen block/office space and allotted these properties on monthly license fee basis to Banks, Post & Telegraph Office and other public Sector Undertakings to cater the daily needs of allotees of Industrial sheds without traveling to far-off places.

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