UP govt mulls new industrial policy to attract investment

The Yogi government is mulling a new industrial policy with several sops and promises of better infrastructure facilities to attract investment to Uttar Pradesh. Giving this information here, deputy CM Dinesh Sharma said UP will provide uninterrupted power supply and security to mega industry houses if they want to open their units in the state.

“We assure a conducive and investor-friendly environment to you,” he told representatives from various industrial units at a meeting here on Tuesday. Sharma heads the group of ministers on industries and has been entrusted with task of drafting a new industrial policy for UP.

The other members who attended the meeting included Satish Mahana (industry minister), Rajesh Agarwal (finance minister), Shrikant Sharma (energy minister), Nand Gopal Gupta (stamp registration minister) and minister of state for industrial development Suresh Rana. “The UP government will provide single-window system, which will help industrialists to get all the permissions from a single point itself. This will create an atmosphere of trust among industrialists,” the deputy CM said. “Grievances of investors will be redressed in a time-bound manner and, for this an online grievance redress system, is being ensured,” he said. Endorsing the concerns of the industrialists, he assured that UP government will tackle these issues.