State's First Service Sector Policy Approved | 13 Sep 2023

Why In News?

According to information received from the media on September 12, 2023, in the state cabinet meeting held at the Uttarakhand Secretariat, the cabinet approved the first service sector policy of the state to attract investors from the country and the world to invest in the health and education sector.

Key Points:

• The first service sector policy of the state has been made covering health, hospitality, wellness centre, education, film and media, sports and IT. Some concessions have been given in this. A 25% capital subsidy will be given in this.
• Minimum capital investment: Rs 200 crore in health fields, Rs 25 crore in hills.
• Yoga Centre: 50 crore people in the plains and 25 crore people in the mountains will get the benefit of this policy.
• Schools: 50 crore in the plains and 25 crore in the hills will get the benefit of this policy.
• University: 50 crore people in the plains and 25 crore people in the hills will get the benefit of this policy.
• Data Centre: 100 crore people in the plains and 50 crore people in the mountains will get the benefit of this policy.
• Apart from the service sector policy, in the cabinet meeting, approval has been given to constitute Auli Tourism Development Authority to make Auli of the state a world class skiing centre.