UPSIDC to shift head office to Lucknow

Image
Vishnu Pandey New Delhi/ Kanpur
Last Updated : Jan 29 2013 | 1:33 AM IST

The step is being envisaged as another thread in the course of city's industrial decline and apparent official neglect. A number of other important official institutions have been closed down, rendered redundant or shifted from the city in the recent past.

The Central Pollution Control Board (CPCB), National Environment Engineering Research Institute (NEERI) and State Bank's Circle office are some of them.

The city has already lost a number of major industrial plants like Duncan's fertiliser plant, LML scooter factory, Swadeshi house and nine other major textile mills due to inadequate infrastructure and power supply.

The National Textile Corporation (NTC) and British India Corporation (BIC) are another two units, which are facing extreme financial crisis and set for closure. The UPSIDC had hardly been able to stem the industrial retreat in the city.

The much awaited Tronica City has been left unaccomplished and the proposed four Special Economic Zones (SEZs) have been surrounded with various controversies.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 17 2008 | 12:00 AM IST

Next Story