Uttranchal-Other Investment Policies
Agro
Based & Food Processing Industrial Policy
- Encouragement to Fruits, Vegetables,
Mushroom, Milk, Flower, Meat, Poultry, Fish, Grains and
Oil Seed based industries.
- Incentives under the Trade Tax Exemption
and Deferment Scheme.
- Availability of Government land on
easy terms.
- Exemption from 5 per cent capping
provision in Trade Tax for 12 categories of industries
with investments above 25 million rupees.
- MODVAT
- Assistance from State Equity Fund.
- Resolve to establish a Venture Capital
Fund for this sector.
- Development of Infrastructure like
cool chain.
- Development of Model Industrial Areas.
- Establishment of a Joint Working
Group under the chairmanship of Agricultural Production
Commissioner for solution of problems related to this
sector.
Highlights
of Export Policy
- Target to achieve an export volume
of Rs. 20,000 crore by the year 2002. To double the export
volume in terms of US dollars.
- Setting up of Export Promotion Bureau
in Lucknow. Setting up of Regional Export Officers in
15 districts of the State
Setting up of export parks in Noida, Moradabad, Kanpur
and Unnao.
- Exemption in trade tax to all the
exporting units on raw material and packaging material.
- Facility of export freight subsidy.
- New Scheme of market development
assistance for small exporting units.
- End of 'Inspector Raj 'and simplification
of labour laws.
- Status of public utility to the exporting
units.
- Development of infrastructural facilities
in export-intensive areas.
- Continuous power supply to export
intensive units.
- Facility of green card to the units
with an annual export volume of Rs. 20 lakh or more.
Hydropower
Policy
Uttaranchal has a hydropower potential
of the order of 20236 MW against which only about 1407 MW
has been harnessed so far. The Government of Uttaranchal
(GoU) has decided to encourage generation of power through
small hydropower sources of energy, and has framed a policy
so that the development of this sector serves as an engine
to achieve the objective of promoting the all-round development
of the region.
This policy shall be in operation from the date of its publication
as notified by Government Order. All projects awarded within
this period under this policy will be governed by this policy
for their entire duration.
Industrial
Policy 2003 New
The aim of the policy is to provide
a comprehensive framework to enable a facilitating, investor
friendly environment for ensuring rapid and sustainable
industrial development in Uttarakhand and, through this,
generate additional employment opportunities and to bring
about a significant increase in the State Domestic Product
and eventual widening of the resource base of the State.
The policy shall remain in force for a period of 5 years.
Mineral
Policy
Power/Energy
Policy
Encouragement to Private Sector Participation
in Energy Generation.
- Constitution of a High Powered Privatisation
Committee under the Chairmanship of Chief Secretary to
review and expedite all proposals for privatisation.
- Special incentives for co-generation.
- Encouragement to captive power plants
with assurance to purchase surplus power by the State
Electricity Board.
- Private Sector Participation in renovation,
refurbishment and modernisation of existing plants.
- Privatisation of Distribution.
- Government Guarantees for payment
by State Electricity Board.
The State has a clear cut Power Policy
which encourages private participation in generation projects.
The UPSEB shall purchase total energy generated in the private
sector on tariff based on Government of India Policy. Power
Purchase Agreement to have provisions for modification according
to needs. The selection of Companies shall be made through
International Competitive Bidding. Permission shall be granted
to Companies for distribution at local levels.
Road
Policy
- Phased metalling of all embankment
Roads of irrigation canals.
- High class maintenance of Roads.
All National High-ways to be renewed at regular three
years intervals. Similarly all State High-ways will be
renewed every 5 years. Major Districts Roads every 6 years
and Other Districts Roads and Rural Roads every 8 years.
- Establishment of Road Fund for regular
and continuous maintenance of Roads.
Tourism
Policy
- Ten tourist circuits have been identified
as major thrust areas.
- A master plan would be prepared for
providing quality services and ensuring integrated development
and marketing of all these circuits.
- Creation of a special fund to finance
state-of-the-art. tourist infrastractural facilities in
each circuit.
- Co-operation of private sector and
NRIs for financing projects at various tourist places.
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