Chhattisgarh "completely safe" for investments: Governor

Image
Press Trust of India Chandigarh
Last Updated : May 16 2015 | 6:57 PM IST
Allaying industrialists' fears of naxalism, Chhattisgarh Governor Balramji Dass Tandon today said the state is absolutely safe for making investments.
"Those (Naxal-affected) areas are far too distant from the industrial and educational hubs. The tribal areas are at least 400 kms from Raipur... Naya Raipur is just as safe as Chandigarh or Punjab.
"The industry is absolutely safe there and even gets their (naxalists) indirect support, because they know that it provides employment to their people," Tandon said here today.
"They (Naxals) know that the (industry) was giving jobs to local people there. They do not create any nuisance in it. They just fight with the police... So there is no need to worry," Tandon said here while speaking at a session organised by Confederation of Indian Industry (CII) on business opportunities in Chhattisgarh.
Chhattisgarh's Industries Director Kartikeya Goel said the state government is creating an awareness programme in other states, stressing that the entire state is not affected by naxalism.
Inviting industry from Chandigarh and Punjab to set up units in non-core sectors at Chhattisgarh, Tandon said, "If there is any place to invest in India today, it is Chhattisgarh.
"There are three pre requisites for smooth setting up and profitable functioning of any business - uninterrupted power supply at competitive rates, easy availability of land and water. In Chhattisgarh, we have all these in ample, to the extent that we are supplying power to states like Maharashtra and Gujarat.
"Land is very competitively priced and the power tariffs too are 35 per cent lesser that the national average in Chhattisgarh".
Other reasons why Chhattisgarh is the best choice for business expansion is that it has huge untapped potential to serve the large steel manufacturing companies and agri production, he added.
*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: May 16 2015 | 6:57 PM IST

Next Story