Home Dehradun Recent economic reforms will benefit U’khand: CM

Recent economic reforms will benefit U’khand: CM

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By OUR STAFF REPORTER

DEHRADUN, 25 Sep: Chief Minister Trivendra Singh Rawat claimed today that the economic reforms undertaken recently by the Union Government would enormously benefit Uttarakhand. He was addressing a press conference held at his official residence, here, today. The reforms would act as a booster for the state’s efforts over the last year and a half on encouraging investment and industrialisation here. The CM asserted that the state government had formulated new policies and reformed others to encourage investment. The Single Window system had been strengthened and a pro- investment climate created. Investment worth Rs 17,000 crores had been ‘grounded’. Emphasising that Uttarakhand was a tourism state, he declared that a new policy had been formulated. The change in GST rates would boost tourism and service based industry. The state’s hoteliers were confident this would increase business by 15 to 20 percent. He also mentioned incentives provided to the food processing industry, which included building of storage capacity. Also, an electric vehicle policy had also been put into place to curb pollution. The state’s other advantages included skilled manpower, better law and order, proximity to the National Capital Region, etc.