Rs 74,000 crore investment proposals received so far

Dehradun: The state government's efforts to make the Uttarakhand Investors' Summit a big success has started receiving positive results. The event will kick off on October 8. So far, the government has received investment proposals for Rs 74,000 crore while MoUs have been signed for the investment of Rs 61,000 crore.

Chief Minister Trivendra Singh Rawat on Friday released a set of nine policies prepared by different departments to encourage investments in the state. This includes policies on industrial investment and employment, solar energy, healthcare, biotechnology, electricity generation from biomass, aroma, right of way, electric vehicles and tourism.

The chief minister said the policies have been framed based on similar policies in other states and the market conditions. The objective of the policies is to encourage industrial investments in the state.

He said his government had hoped to attract investments worth Rs 40,000 crore during the Investors' Summit but the roadshows conducted to promote the event have had a positive impact. Development of hilly regions is part of the government's priority. The investments in solar energy, food processing, herbal, organic, healthcare and tourism will benefit the state. In the 5MW solar plant, local investors will be given priority.

The chief minister said the state has enough land to set up new industrial units while more land has been identified for this purpose. In the hilly districts, small industrial zones are available while the district magistrates have been asked to identify new areas.

Chief Minister's industry advisor KS Panwar, chief secretary Manisha Panwar, deputy chief secretary Dr Ranvir Singh, secretary Amit Negi, RK Sudhanshu, Dilip Jawalkar and Arvind Hayanki among others were present on the occasion.