Uttarakhand’s Abundant Land Bank Beckons Businesses for Growth.

Uttarakhand's Abundant Land Bank Beckons Businesses for Growth.

Asif Iqbal | September 14, 2023 | 05:05 PM IST | Breaking News, Uttarakhand | Follow on Google News

Uttarakhand’s Abundant Land Bank Beckons Businesses for Growth.

Uttarakhand Chief Minister Pushkar Singh Dhami has revealed that the state boasts a substantial land bank spanning approximately 6,000 acres, offering a golden opportunity for businesses to establish units across various sectors. This promising announcement comes alongside the unveiling of plans for a global investor summit scheduled for December.

‘Ease of Doing Business’ and ‘Peace of Doing Business

‘CM Dhami emphasized that Uttarakhand provides both ‘ease of doing business’ and ‘peace of doing business.’ The state is actively streamlining its regulatory environment, demonstrating its commitment to fostering a business-friendly atmosphere. In a remarkable move, Uttarakhand is in the process of repealing around 500 laws through a single ‘repeal act,’ simplifying legal procedures for businesses.

Balancing Economic Development and Ecology

Highlighting the state’s commitment to sustainable growth, CM Dhami articulated, “Our growth model is a balanced one.” This underscores Uttarakhand’s dedication to striking a harmonious equilibrium between economic advancement and environmental conservation.

Enhanced Connectivity

The official statement released during the briefing underscored the significant improvements in rail, road, and air connectivity within the state. Direct air services from Dehradun airport to various cities have further enhanced accessibility, promoting ease of travel for entrepreneurs and investors.

Entrepreneurs as Brand Ambassadors

CM Dhami acknowledged the crucial role played by entrepreneurs in Uttarakhand, hailing them as the state’s brand ambassadors. This recognition reflects the government’s appreciation for the entrepreneurial spirit that drives economic growth.

Vision for a Business-Friendly Environment

The Uttarakhand government is steadfastly pursuing its vision of creating a conducive business environment accompanied by world-class infrastructure. Special policies and attractive financial incentives have been carefully crafted to incentivize investments across diverse sectors, including tourism, small businesses, start-ups, and logistics.

Ambitious Growth Goals

CM Dhami revealed that the state is resolute in its determination to position Uttarakhand as the fastest-growing economy in the country. A bold target of doubling the state’s gross domestic product (GDP) within the next five years has been set, underscoring the state’s commitment to fostering robust economic growth.

Uttarakhand’s strategic initiatives, along with its abundant land resources, make it an attractive destination for businesses seeking to thrive in a conducive and harmonious ecosystem, aligning with the state’s vision of balanced growth.

Asif Iqbal

Asif Iqbal is a seasoned news writer with a passion for delivering the latest updates to the public. Currently serving as the senior writer at VoM News, a prominent news outlet known for its comprehensive coverage of diverse topics, Asif has established himself as a reliable source of information. With a keen eye for detail and a knack for storytelling, he consistently provides readers with well-crafted articles that cover a wide range of news categories. His dedication to journalistic integrity and his commitment to staying ahead of the news curve make him an invaluable asset to Vom News, ensuring that readers are always well-informed on the issues that matter most. You can find his work and stay updated on current events by visiting vomnews.in.