The MSME Policy of Uttarakhand is very effective and the components for start-ups under it has made it even more attractive, state chief minister Harish Rawat said in a reply to question from KNN.

He said that after the launch of the policy, the state has been able to attract good investments in the sector.

Emphasizing that the start-up policy has been linked with the MSME policy in the state, Rawat said, “The Government has implemented a Start-up policy to provide a platform to the students emerging from the Educational Institutes of the state to help them grow as entrepreneurs.”

Talking about his plans to hold Global Investors’ Summit in Uttrakhand like other states, Rawat said, “Right now such summits are taking place in the state at local levels and the government is in talks with the stakeholders for holding the bigger summits.”

Rawat was speaking on the sidelines of an event organized by Assocham.

While addressing the event, he said Uttarakhand is one of the most transparent states in ease of doing business, provide conducive environment for industrial growth.

Rawat said the state is an ideal destination for investment due to cheap power, land availability, good infrastructure and industry friendly policies.

To invite investment in Uttrakhand from pioneer IT industries of CMM I level V to provide firm platform for new entrepreneurs. The incentives under the policy are land/ space coast, capital subsidy, power subsidy, stamp duty etc.

“Now, we are attracting a lot of people from small investors in the micro and small power projects and we are ahead to formulate our IT policy also,” he said.

Rawat said the state is coming out with new airport which will likely be connected soon with other major towns of the country.

“In hospitality sector, there are lot of prospects in our state and request you all to look into that area and which have lot of potential,” he said. (KNN Bureau)