Investors or builders will be able to buy two acres of land in the mountains to develop a private industrial sector in Uttarakhand. To overcome the problem of land for new industries, the government has approved the Private Sector Industrial Area Establishment Policy. In this policy, a condition of two acres in hilly areas and 30 acres in plains has been kept.
In order to promote investment in the textile, food, aroma, auto mobile, IT, software technology, aero space, defense, film sector, medicity, education sector along with manufacturing industries in the state, the government has given policy approval to develop private industrial sector. Gave it
Private builders and investors can develop mini industrial areas on two acres in the mountains and large industrial areas on 30 acres in the plains, but the industrial area will be developed according to the master plan of SIDCUL.
According to the policy, it will be mandatory to give land to minimum 50 MSME industries in industrial areas of plain areas and five MSME industries in hilly areas. A grant of 10 lakh per acre will be given by the government to develop infrastructure in the industrial area.
Apart from this, 40 percent of the investment made on the Common Waste Management Plant (CETP) will be given a maximum grant of one crore.