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Industrial Policy Of Uttarakhand |
Non – Fiscal
- Uttaranchal is blessed with a rare bio-diversity, inter-alia, 175 rare species of aromatic & medicinal plants are found in the State.
- The State has almost all major climatic zones, making it amenable to a variety of commercial opportunities in horticulture, floriculture and agriculture.
- The State has rich mineral deposits of limestone, soapstone, magnesite etc., besides minor minerals. Resource mapping is being undertaken.
- The State has a vast tourism potential: adventure, leisure, eco-tourism in its widest sense, religious/spiritual, with a large potential for related services and scope to develop niche markets, apart from traditional investment opportunities.
- The Literacy rate in the State is 72%, which is indicative of abundant availability of quality human resources -- the State also has a large number of top quality educational institutions, and National and State level Research & Training Institutes and Institutions of excellence.
- The State has a peaceful and pollution free environment conducive for Industrial development and good quality of life. The law and order and security situation in the State is very good.
- The State is rich in Power resources and potential with availability of assured, uninterrupted, quality power at affordable and competitive rates.
- Action is being taken to simplify and rationalize the Labour Laws.
- The State has an Earth Station at Dehradun and two more are proposed. An Information Technology Park is in the process of being established
- The State has four AEZs for Litchi/fruits, Floriculture, Herbs and Medicinal Plants and Basmati Rice.
- State level Udyog Mitra has been set up under the Chairmanship of Hon’ble Chief Minister.
- A multipurpose Industrial Promotion, Investment & Infrastructure Development Corporation in the style of State Industrial Development Corporation of Uttaranchal Limited (SIDCUL) has been set up in which participation of various Banks and Financial Institutions like SIDBI, ICICI and LIC is committed and of various others is proposed.
- Marketing assistance to Khadi and Village Industries, SSIs, Cottage Industries, Wool-based Industries, Handloom, Silk and Handicrafts Industries.
- Major Bio-Technology complex is proposed to be setup around the Pantnagar Agriculture University.
The State is putting in place mechanisms to:-
- Provide Single Window Facilitation in the State to help/cut delays and provide an investor friendly climate.
- Provide and facilitate expeditious land availability for setting Industrial ventures and Infrastructure projects.
- Arrange financing through a Consortium of Banks and Financial Institutions.
- Promote and encourage private sector participation in the development and management of infrastructure projects such as Industrial Estates / Areas, Growth Centers, IIDC’s, Special Economic and Commodity Zones and Parks, Theme Parks, Tourism infrastructure, development of new tourist destinations, Airports/Helipads/Airstrips, Roads, generation, transmission and distribution of power, and projects in the area of Horticulture, Floriculture, Bio-technology etc.
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