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Uttarakhand govt empowers DMs to clear projects up to Rs 10cr

Press Trust of India  |  Dehradun 

In an attempt to create ideal investment climate for investors, has empowered district magistrates to give clearance to projects worth up to Rs 10 crore.

Speaking to a foreign delegation led by Belgian Ambassador Jan Luykx, Chief Secretary S Ramaswamy said only projects worth over Rs 10 crore are now cleared by a committee headed by him.

Citing Uttarakhand's potential in aromatic medicinal herb plantation, food processing and allied sectors, the Belgian Ambassador expressed willingness on part of his country to invest in these fields.

Ramaswamy said the single window clearance system, and order, connectivity and manpower available in make it an ideal destination for

It was decided that Belgium's Trade Counsellor and Uttarakhand's Industry secretary will together form a working group to open up fresh investment avenues in the state.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, May 22 2017. 22:22 IST