The service sector is going to get new wings in Devbhoomi Uttarakhand. This sector will strengthen the economy of the state within the coming few years and will also generate employment. The state cabinet on Tuesday approved the Uttarakhand Service Sector Policy-2023. A target has been set to provide capital investment of Rs 60 thousand crore and employment to 20 lakh persons before the year 2030 in the eight major sectors identified under the policy. Besides, skill development of 10 lakh workers will be done.
There is a preparation to invite capital investment of Rs 45 thousand crore before the year 2027. A plan is being worked on to attract investment of Rs 15 thousand crore in the services sector itself in the proposed Global Investors Conference in the coming December. The new policy is being considered important from this point of view.
Role of service sector is important towards making strong Uttarakhand.
Some six proposals were approved in the Cabinet meeting chaired by Chief Minister Pushkar Singh Dhami on Tuesday at the Secretariat. Chief Secretary Dr. SS Sandhu said that the Cabinet has approved the Service Sector Policy-2023. The service sector is growing rapidly in the state. It is believed that the role of service sector can be very important in making the state a strong Uttarakhand. This will be an area towards which investors will be attracted in the investor conference. Keeping this in view, service sector policy has been made.
These eight major areas are included in this policy-
health services
Wellness and Traditional Treatment
Education
Film, Media and Entertainment
game
Information Technology
data center
Skill Development.
Separate policy of tourism and AYUSH
Since tourism and AYUSH have separate policies, these two sectors have not been included in it. This policy has been made till December 2010. In this, a minimum limit has been kept for investment in plains and hilly areas in every service sector. On this basis, investors will be given capital subsidy as incentive or land will be allotted. Capital subsidy has been kept at 25 percent of the total investment. If someone buys land, the price of the land will be decided at the market rate. If the investment limit exceeds the land price then the remaining amount will be given to the investor in the form of capital subsidy. This subsidy will be available only when the residents of the state are provided employment as per the arrangements decided under the policy.
Other important decisions of the cabinet
Energy Pumped Storage Plant Policy approved.
20 percent VAT will not be charged on CNG gas supplied to the gas based plant in Udham Singh Nagar, electricity will be produced.
Auli Development Authority will be formed.
The responsibility for the installation of various artefacts in Badrinath lies with the organization already working.