HP clears Rs 1,406.93 cr new investment

Shimla, Mar 3: The Himachal Pradesh Government today cleared Rs1,403.93 crore new investment proposals in the state, taking the totalinvestment to Rs 24,881 crore during the last four years.

The 26th meeting of the State Level Single Window Clearance andMonitoring Authority, held under the Chairmanship of State ChiefMinister Virbhadra Singh here today, cleared the proposal to set upeight more industrial units at the cost.

Speaking on the occasion, Mr Singh said the investment has apotential to employ 3.13 lakh people in 8,678 industrial units that hadbeen granted permission to set up their units in Himachal.

He said over 81 per cent of the state's population have beenprovided employment in the industrial sector alone with the stategovernment strictly implementing 70 per cent employment to youth of thestate in the industrial units.

Labour officers have been appointed to ensure that units employ 70per cent of the people from the state besides ensuring that the labourwas not exploited, he said.

The Chief Minister said the Baddi-Barotiwala-Nalagarh DevelopmentAuthority had been set up for the planned infrastructure development ofthe industrial areas.

The government was also encouraging industrial housing projects inthese areas to provide cheap and suitable residential facilities to thepeople working in the industries, he said.

The industrial houses have already been directed to incorporate housing provision for their workers in the proposals.

State Industries Minister Kuldeep Kumar, Chief Secretary S SParmar, Industries Principal Secretary Ashok Thakur and several othersenior state government officials were also present during the meeting.

UNI>