New industrial policy for UP soon; Cabinet sets up GoM

Image
Press Trust of India Lucknow
Last Updated : Apr 04 2017 | 10:07 PM IST
The Uttar Pradesh government today decided to formulate a new industrial policy to attract more investment with a view to generating jobs in the state.
At the first cabinet meeting presided over by Chief Minister Yogi Adityanath, it was decided to set up a five- member group of ministers led by deputy chief minister Dinesh Sharma for studying industrial policies of other states so as to formulate the state's own policy for boosting investment, senior ministers Siddharth Nath Singh and Srikant Sharma said.
The GoM will visit other states and study the policies of Gujarat and Madhya Pradesh, among others, for preparing a policy to improve investments through single window system, they told media persons after the 90-minute meeting of the cabinet.
The GoM will submit its report in 15 days.
The chief minister yesterday held a meeting of officials and instructed them to create investor-friendly atmosphere and prepare the draft of a new industrial policy at the earliest.
"The state government is preparing an atmosphere conducive to more and more investments and making single window system operational so as to provide all facilities to investors under one roof," the chief minister was quoted as telling officials in the meeting.
For creating investor-friendly atmosphere, the government is working on improving law and order in a big way and has already instructed DMs and police chiefs to take all issues of law and order concerning entrepreneurs very seriously, he told officials.
The chief minister also directed the officials to take serious note of problems being faced in industrial areas, including Noida, and resolve them.
The chief minister said stress will also be on imparting training to youth, and help of the National Skill Development Mission will be taken in this regard.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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: Apr 04 2017 | 10:07 PM IST

Next Story