UP cabinet gives nod to new industrial policy

Lucknow, Jul 4 (PTI) The Uttar Pradesh cabinet today approved the Industrial Investment and Employment Policy, 2017 to boost investments and employment opportunities in the state. A cabinet meeting, presided by Chief Minister Yogi Adityanath here, gave its assent to the new policy which aimed to "roll out a red carpet for the industries, instead of red- tapism" and facilitate the ease-of-doing-business, ministers Siddharth Nath Singh and Satish Mahana told reporters. Industrial Development Minister Mahana said the new policy was aptly named as the Industrial Investment and Employment Policy as it aimed to increase the job opportunities in the state.
Besides a single-window system for time-bound clearance of all project-related works at the chief minister's office, the policy also aimed at providing round-the-clock electricity, improving the infrastructure and ensuring a proper law-and-order situation, for which there would be dedicated police teams in big industrial clusters such as Gautam Budh Nagar, he added. The policy redefined the mega projects and linked the investments with employment generation, besides establishing a new 'Make in UP' department to derive the maximum benefits of the Centre's Make in India scheme, said the minister.