Shishir Prashant / Business Standard
Dehradun June 30, 2009
The new Chief Minister of Uttarakhand, Ramesh Pokhriyal Nishank, faces the challenge of attracting industrialists to set up units in the hills of the state.
Under the hill industrial policy of 2008, mainly for small industries, which offers a slew of sops (including heavy transport subsidies), the government has not been able to ensure the setting up of a single manufacturing unit in the hills, mainly due to the on-going recession and the unavailability of suitable land.
“It is going to be a big challenge for the new Chief Minister to bring industries to the hills under the policy announced last year,” a top official said. During the past one year, Nishank’s predecessor B C Khanduri could not succeed despite trying gamely. [more]