Uttarakhand one of the transparent states in doing business: Chief Minister, Uttarakhand

Uttarakhand is one of the most transparent states in ease of doing business, provide conducive environment for industrial growth, said Chief Minister of Uttarakhand, Mr Harish Rawat said at an ASSOCHAM event.

Uttarakhand has a lot of potential in infrastructure development and hospitality industry and there is an ample scope for expansion. The power generation is one the major thrust areas. We are focusing on the development of small hydro power plants. Some of the important projects are Tankul, Bhilangana-II and Painagad etc, said Mr. Rawat while inaugurating an ASSOCHAM conference on '2nd Global Investors India Forum (GIIF).'

Uttarakhand is the policy driven state. We are also providing the cheapest power in the country. He further said that Uttarakhand is one of the most transparent states to do business.

We have land availability and the climate for investment is very good in Uttarakhand. We are working on infrastructure development and there is an ample scope for expansion, said Mr. Rawat.

He further mentioned that the Uttarakhand has very attractive MSME policy linked with the Start-up policy. The Government has implemented a Start-up policy to provide a platform to the students emerging from the Educational Institutes of the state to help them grow as entrepreneurs.

To invite investment in Uttrakhand from pioneer IT industries of CMM I level V to provide firm platform for new entrepreneurs. The incentives under the policy are land/ space coast, capital subsidy, power subsidy, stamp duty etc.

Now, we are attracting a lot of people from small investors in the micro and small power projects and we are ahead to formulate our IT policy also.

We are also improving the connectivity. We are also coming out with new airport and I am hopeful that soon it will be connected with other major towns of the country and with new policy of government of India from regional connectivity, we have already three small airports and which will be develop further, said Mr. Rawat.

In hospitality sector, there are lot of prospects in our state and request you all to look into that area and which have lot of potential.

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