Investement made for small and medium industrial units after SP came to power: Govt

Published on: 

Uttar Pradesh government disclosed in the state assembly on Friday that investments to the tune of Rs 8842.26 crores have been made by setting up 80647 small and medium industrial units in the state after Samajwadi Party government came to power in March 2012.

During that period, 7,48,511 new jobs were also generated in the state through these new units, announced said UP minister of state for minor and medium entreprises  and export promotion department  Bhagwat Sharan Gangwar in the state assembly during the question hour.

However, the minister replying to the question of BJP member laxmi Kant Bajpai refused to answer query giving new industrial units tax holiday like Uttarakhand or interest free loans to promote the industrial sector.

The minister said that the state government is already providing 100 per cent stamp duty exemption on the new industrial units besides giving several other benefits.

He said that during the recently held investors meet in New Delhi, state Chief Minister Akhilesh Yadav, had signed a MoU with foreign and Indian companies to the tune of over Rs 54,000 crores.

Giving details of the new industrial units, Gangwar said that in 2012-13 atleast 30,933 new units have come up with an investment of Rs 4157.33 crore generating  employment of 2,16,749 while in 2013-14 nearly 4,90,829 jobs were generated by setting up 45342 industrial units with an investment of Rs 3995.48 crores.

He said  in the current fiscal till June 3 last, 4372 new units were set up with an investment of Rs 689.45 crores. More than 40942 jobs were also generated  during the current financial year.

The highest number of small and medium industrial units have been set up in Ghaziabad district whose number is 3007 followed by 2653 in Meerut, 2102 in Moradabad and 2096 in Rampur districts since 2012.

Daily Pioneer
dailypioneer.com