The Haryana government is set to introduce a new Micro, Small and Medium Enterprises (MSME) policy aimed at boosting industrial growth, exports and ease of doing business, with the draft currently awaiting Cabinet approval.
Chief Minister Nayab Singh Saini said the proposed policy includes several measures to strengthen the state’s MSME ecosystem, support exporters, modernise industrial infrastructure and provide greater protection for small traders.
A key feature of the draft policy is a threefold increase in export freight subsidy, with the annual ceiling proposed to be raised from ₹10 lakh to ₹30 lakh per unit, providing a significant incentive for export-oriented industries.
Industries exporting more than 80% of their production will receive special recognition on the proposed ‘Udaan Dwar Portal’, helping them connect with international buyers and expand their global market presence.
To improve the business environment, the policy proposes issuing land feasibility certificates within 45 working days. It also promises faster disbursal of government incentives, with 50% of the admissible amount to be released within seven working days after preliminary scrutiny and the balance within 45 days following detailed verification.
In a move to ensure timely payments, the government has proposed 8% annual interest on delayed incentive payments if the industries department fails to release eligible benefits within the stipulated timeframe.
The policy also seeks to expand the scope of the Mukhyamantri Vyapari Kshatipurti Yojana, offering broader insurance coverage to protect small traders and MSMEs against losses arising from fire, theft and natural disasters.
To upgrade industrial infrastructure, the state has created the SAKSHAM Fund with an initial allocation of ₹500 crore in the 2026-27 Budget. The fund will be used to rejuvenate industrial areas and develop them into world-class industrial hubs, including in Yamunanagar.
Addressing representatives of the plywood industry, Saini described Yamunanagar as the plywood capital of both Haryana and India and highlighted the participation of local manufacturers in the 49th Dar es Salaam International Trade Fair in Tanzania as an example of the sector’s growing global presence.
The government has also introduced a land-on-lease policy to reduce the cost of industrial land, allowing industries to acquire plots on long-term lease with an option to convert them into freehold ownership.
Additionally, the Chief Minister said a Metal and General Park is being developed at Manakpur as part of efforts to revive Jagadhri’s metal industry. The revised layout includes more than 900 industrial plots of 250, 312 and 450 square metres, aimed at supporting future industrial expansion in the region.
