In todays world, a nations economic development cannot be addressed without acknowledging industrialization. Industrial development is mostly based on the industrial profile of the particular states countries. This study reviews Uttarakhands industrial policies and their performance toward the growth of industrial units and generating new employment opportunities. The data sources of the study are published reports of Uttarakhands government departments and other secondary sources. Uttarakhand launched many industrial policies and set up SIIDCUL to develop industries SIIDCUL developed industrial infrastructure and attracted investors. The result shows that the industrial policies of Uttarakhand are favourable for the state in terms of attracting investors, generating employment opportunities, and pushing the state to an industrial hub. Industrial policies gave many tax concessions to investors and also made a single window clearance facility for investors. These industrial policies also have the intention of reviving the states sick units. The impact of these industrial policies is the contribution of the secondary sector increase in the gross state domestic product, and this sector also generated new employment opportunities in the industrial sector. Rajinder Singh | Prof. B. K. Agrawal "A Review of the Uttarakhand’s Industrial Policies and Their Performance" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-5 , August 2021, URL: https://www.ijtsrd.com/papers/ijtsrd45077.pdf Paper URL: https://www.ijtsrd.com/humanities-and-the-arts/economics/45077/a-review-of-the-uttarakhand’s-industrial-policies-and-their-performance/rajinder-singh
International Journal of Trend in Scientific Research and Development (IJTSRD)
Volume 5 Issue 5, July-August 2021 Available Online: www.ijtsrd.com e-ISSN: 2456 – 6470
@ IJTSRD | Unique Paper ID – IJTSRD45077 | Volume – 5 | Issue – 5 | Jul-Aug 2021
Page 1274
A Review of the Uttarakhand’s Industrial
Policies and Their Performance
Rajinder Singh
1
, Prof. B. K. Agrawal
2
1PhD Research Scholar, 2Head of Department, Department of Economics,
1,2Hemvati Nandan Bahuguna Garhwal Central University, SRT Campus, Badshahithaul, Tehri, Uttarakhand, India
ABSTRACT
In today's world, a nation's economic development cannot be
addressed without acknowledging industrialization. Industrial
development is mostly based on the industrial profile of the particular
states/countries. This study reviews Uttarakhand's industrial policies
and their performance toward the growth of industrial units and
generating new employment opportunities. The data sources of the
study are published reports of Uttarakhand's government departments
and other secondary sources. Uttarakhand launched many industrial
policies and set up SIIDCUL to develop industries; SIIDCUL
developed industrial infrastructure and attracted investors. The result
shows that the industrial policies of Uttarakhand are favourable for
the state in terms of attracting investors, generating employment
opportunities, and pushing the state to an industrial hub. Industrial
policies gave many tax concessions to investors and also made a
single-window clearance facility for investors. These industrial
policies also have the intention of reviving the state's sick units. The
impact of these industrial policies is the contribution of the secondary
sector increase in the gross state domestic product, and this sector
also generated new employment opportunities in the industrial sector.
KEYWORDS: Growth, Industrialization, Industrial Policy, Single
Window Clearance, GSDP
How to cite this paper: Rajinder Singh |
Prof. B. K. Agrawal "A Review of the