Money Or­ders Boom


Ut­tarak­hand, whose econ­omy was once driven by money or­ders sent by soldiers and other em­ploy­ees from out­side the hill state, is fi­nally reap­ing the fruits of con­ces­sions granted by the Cen­tral Govern­ment from 2003 to en­cour­age in­dus­tries to set up shop. The con­ces­sions were fi­nally with­drawn in 2010, but in those seven years, sev­eral in­dus­trial units had come up on vast tracts of land in ar­eas such as Ud­ham Singh Na­gar, Harid­war and Dehradun in the state. This, in turn, has led to pros­per­ity and the con­se­quent cre­ation of as­sets. Says 77year- old Chief Min­is­ter B. C. Khan­duri, “Since there is a govern­ment or­der to em­ploy 70 per cent lo­cals, em­ploy­ment has been gen­er­ated and mi­gra­tion re­duced.”

State cap­i­tal Dehradun has emerged as an ed­u­ca­tional hub and this has cre­ated a de­mand for hous­ing with a large num­ber of peo­ple buy­ing houses and flats in the past few years. There are now 96 en­gi­neer­ing col­leges in the state in the pri­vate sec­tor. Many peo­ple from Bi­har and neigh­bour­ing Sa­ha­ran­pur, Muzaf­far­na­gar and Meerut districts of Ut­tar Pradesh ad­mit their chil­dren to schools in Dehradun and Naini­tal. The con­struc­tion boom that kicked off with the cre­ation of Ut­tarak­hand on Novem­ber 9, 2000, is yet to ebb.

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