1. Ease of doing business, tax relief & 24X7 power supply: UP’s new industrial policy to be out in 2-4 weeks

Ease of doing business, tax relief & 24X7 power supply: UP’s new industrial policy to be out in 2-4 weeks

Promising ease of doing business, tax relief and continuous power supply, the Yogi Adityanath- led BJP government in Uttar Pradesh is all set to unveil its industrial policy in the "next 2-4 weeks".

By: | Chandigarh | Published: June 8, 2017 7:18 PM
Yogi Adityanath, Satish Mahana, BJP government, Uttar Pradesh, Industries Minister, Yogi Adityanath government,power supply,  industrial policy  Tax relief and continuous power supply, the Yogi Adityanath- led BJP government in Uttar Pradesh is all set to unveil its industrial policy in the “next 2-4 weeks.(PTI)

Promising ease of doing business, tax relief and continuous power supply, the Yogi Adityanath- led BJP government in Uttar Pradesh is all set to unveil its industrial policy in the “next 2-4 weeks”. “We are coming out with an industrial policy within next 2-4 weeks. We will try that it is rolled out by June 26,” , state Industries Minister Satish Mahana told reporters in Mohali today. The highlight of this industrial policy, he said, will be uninterrupted power supply to the industry. “As far as power is concerned, we are going to give open access for it. The industrialists and investors can purchase power from the private party. This open access thing was not there in UP till date,” he said, adding that “we are also coming out with tax benefits for the investors”.

The minister said a single-window system will be set up to provide all facilities to potential investors under one roof. “We are also studying industrial policies of other states to incorporate good things,” the minister said. Promoting food parks and restoring old glory of Kanpur, once called Manchester of the East, will also be part of the new industrial policy. “Industrialists want congenial atmosphere, ease of doing business. Earlier, there used to be huge power cuts. By 2018, we will give round-the-clock power supply to people and have promised industrialists uninterrupted power,” he said.

Referring to the state’s industries, many of which are close to the Ganges, Mahana added: “Polluting industries will be shifted to other places. We have given them offer to shift for which an industrial cluster will be set up.” Mahana, who was in Mohali to attend events in connection with completion of three years of the Narendra Modi government, said consumer electronics major Samsung will invest Rs 4,915 crore to double its manufacturing capacity for smartphones and refrigerators at its Noida plant. He said soon after BJP came to power in UP, a five-member delegation of Samsung India called on the chief minister and apprised him of the problems faced by the company as well as conveyed their willingness to partner in the state’s development.

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Hitting out at the previous government in UP, Mahana said, “The working system and pattern in UP was very negative for the last more than 15 years.” Mahana said both Modi and Yogi governments have taken steps to eliminate corruption, which was rampant during earlier regimes at the Centre and in UP. He also mentioned a number of schemes that the Modi government had started for the welfare of various sections of society, including for farmers, women, youth and weaker segments. Without naming anyone, Mahana said, “Earlier, there was a prime minister who had said that in this country the minorities have the first right on the nation’s resources.”

Asked why Madhya Pradesh, where farmers are up in arms, cannot give crop loan waiver the way Uttar Pradesh did, he retorted, “Look, every state has its budget and restraints. We had promised to people before the polls that in the first cabinet, we will waive crop loans of farmers.” Asked about UP’s ‘anti-romeo squads’, Mahana said, “These have been formed mainly to curb incidents of eve- teasing. Our government has issued strict instructions that nobody should be unduly harassed”.

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