Yogi Adityanath makes power-ful push for investments

A single-window system, tax sops, open access to uninterrupted supply of power, industrial clusters, and food parks with a focus on industrial development of eastern Uttar Pradesh and Bundelkhand, the two most backward areas of the state, are some of the key features of the new industrial policy of Chief Minister Yogi Adityanath's government.

After effecting a few amendments, a draft to the UP Industrial Investment and Employment Promotion Policy 2017 was approved by Adityanath. The same was uploaded on the state government’s website, seeking views from corporate houses, investors and the general public for making it final. “The new industrial policy will be rolled out by the end of this month,” said Industries Minister Satish Mahana.

The new industrial policy will offer an open choice to industrialists to buy power from UPPCL or from a private party to ensure that their industries do not suffer due to erratic power supply. “We have assured power to all by October 2018. For the first time in the state’s history, we will offer open access to industrialists, giving them the choice to buy power from us or any private supplier,” Mahana said.

Under the new policy, the Yogi government will create a single window system for seeking all clearances required to set-up industries in the state. All the departments concerned, including the pollution, would be brought under one umbrella so that investors need not run around to different departments to get clearance for a project.