Dehradun

MoUs worth Rs 61K cr signed ahead of Investors Summit

PNS

CM releases nine policies drafted to attract investments

With the Investors Summit in Dehradun still little more than a week away, investors have already shown interest in investing about Rs 74,000 crore. So far, various industrial enterprises and investors have entered in to memorandums of understanding amounting to about Rs 61,000 crore with the state government. The chief minister Trivendra Singh Rawat said this after unveiling the nine policies drafted by the departments concerned to attract investments in the sectors ahead of the two-day investors summit slated to be inaugurated by prime minister Narendra Modi here on October 7.

The CM said that earlier the state government was expecting about Rs 40,000 crore investments in Uttarakhand but already industrial enterprises and investors had shown interest in investing about Rs 74,000 crore in the state. So far, MoUs amounting to about Rs 61,000 crore had been entered into with the state government by such investors. He said, “Considering this, one can say that we have achieved initial success in meeting the aim of hosting the investors summit. We have worked diligently to prepare for the investors summit. In the past one month the cabinet held meetings five times though in general the cabinet meeting is held about twice a month. While holding roadshows in various states to attract participation in the investors summit we also got a chance to observe the market conditions and industrial policies in different states. The policies we have drafted considering such factors will provide a boost to development works in various sectors and generate employment for the locals. Already, considerable interest has been shown in food procession, aromatics, organics and similar activities. Further, there is considerable interest abroad in fields like AYUSH,” said Rawat.

Interacting with the media persons, the chief minister said that when it comes to availability of land for setting up industrial enterprises, there are industrial estates in all the districts. The district magistrates have also been directed to look for more land for this purpose. In addition to this, the state is also looking for land in Haridwar and Udham Singh Nagar districts for industrial purposes. On the question of road connectivity problems during the rains, Rawat said that work is underway on the all weather road project and the railway project. These will improve connectivity substantially. Presently, during the rainy season,  in one place at a time the road may remain blocked for a maximum of 15 hours but efforts are underway to reduce this time period too.

Earlier, the CM released nine policies including industrial investment and employment encouragement policy 2018, Uttarakhand solar power policy, Uttarakhand AYUSH policy 2018, biotechnology policy 2018-23, policy for power generation from Pirul (pine needles) and other biomass, Uttarakhand aroma policy 2018, guidelines/instructions for permissive sanction for laying of optical fibre cable and installing mobile phone towers on private/government sites, land and buildings, Uttarakhand tourism policy 2018, information technology policy and electric vehicles policy. The CM’s industrial advisor KS Panwar, additional chief secretary Ranvir Singh, principal secretary Manisha Panwar, secretaries Amit Singh Negi, RK Sudhanshu, Dilip Jawalkar, Arvind Singh Hyanki and others were also present on the occasion.