Uttarakhand

• 04 Apr 2023

25 Thousand MSME Industries to be Set Up in Uttarakhand

Why in News?

According to information received from the media on 2 April 2023, to promote industrial development and create new employment opportunities in Uttarakhand, the state government has prepared a five-year roadmap, under which 25 thousand micro, small and medium enterprises (MSMEs) are targeted to be established.

Key Points

• For an empowered Uttarakhand, American company Mackenzie Global has prepared a roadmap for industrial development in the state. 7500 crore will be invested in the state under the scheme. With this, a target has been set to provide employment to one lakh people.
• To promote investment, the government's focus will be on ease of doing business, infrastructure development for investment at the district level, cooperation in marketing and branding and encouragement to investors.
• The subsidy has been recommended by McKenzie Global as an incentive to promote investment. In this, it has been recommended to give subsidies up to 75 percent (maximum 75 lakhs), 40 percent (maximum 4 crore) to small-scale industries, and 20 percent (maximum 10 crores) to medium industries to be set up in hilly areas.
• The Amritsar-Kolkata Industrial Corridor industrial area is planned to be developed on a thousand acres of land near Prayag Farm in Udham Singh Nagar district of the state which is very close to Pantnagar and Rudrapur. Land will be available for setting up big industries here.

The Number of Vibrant Villages will Increase in the State

Why in News?

On 1 April 2023, Uttarakhand Chief Minister Pushkar Singh Dhami informed that the Union Home Ministry would include more new frontier villages of Uttarakhand in the coming days under the Vibrant Village Program of the Central Government.

Key Points

• It is known that the Central Government has included Frontier Village Policy, Mana, Malari and Gunji in the Vibrant Village Program. The central government will cooperate for the development of these villages.
• Under the Mukhyamantri Seemant Gaon Vikas Yojana, tourism and economic activities will be increased in border villages.
• It is notable that Prime Minister Narendra Modi has named Mana as the first village.
• The Chief Minister said that it is the endeavour of the State Government that the tourists coming on the Chardham Yatra go to the border villages and spend five per cent of their travel expenses on local products of these villages.
• Frontier villages should be developed according to their speciality and their publicity should be done so that more and more tourists reach there. Due to this, the economic situation of the local people will improve and the problem of migration will also reduce.