A Review of the Uttarakhand’s Industrial Policies and Their Performance

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