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UP chalks out plan for core-sector investments
Our Bureau
New Delhi, Nov 16: The Uttar Pradesh government has chalked out an action plan to create a conducive industrial cliamte in the state to attract private investment in core sectors. The strategy includes easy clearance of projects, simplification of proceedures, regular power supply and financial assistance to prospective and existing entrepreneurs. At a here on Sunday coinciding with `Uttar Pradesh-Day' at the ongoing International Trade Fair, chief minister Kalyan singh said his government will give priority to development of infrastucture facilities including roads and canals. He said entrepreneurs will be given a "red-carpet" treatment and the government will ensure that no bureaucratic hurdles hamper the state's industrial prosperity. Singh said the state government has also decided to further activate `Udyog Bandhu' system where the officials and the industrialists can sit together and provide `on the spot' solution to the industrialists' woes. The decision has also been taken to prepare a time-bound programme for rehabilitation of sick industrial units in the state, Singh said.He said a new concept of `Delivery System' has been evolved by the state government to stremline fiscal discipline. "By new system I mean the specified funds allocated for a specified purpose for a particular place should reach there within a specified period," he said. "I have directed that an amount of Rs 824 crore deposited in PLA account should be immidiately released to speed up the work on developmental projects. The money remained blocked up due to lack of financial descipline during the Mayawati regime resulting in hampering the completion of several projects," Singh said. On agriculture scenario he said, the state government will spare no efforts to see that the agriculture sector, the backbone of the state economy, will get uninterrupted power supply and other facilities to help increase production. The farmers will get remunerative prices for their products. The state government has already reduced the purchase tax on sugarcane by Re one per quintal in order to enable sugar mills to make quicker payment of arrears to cane growers, he said.
Copyright © 1997 Indian Express Newspapers (Bombay) Ltd.
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