To boost theMSME sectorofUttarakhand, the state cabinet approved a proposal to provide customised packages to individuals and firms that aim to invest over Rs 200 crore and give EMPLOYMENT to 500 locals in the state.
The cabinet approved another proposal encouraging private in the MSME sector. Under the project, SIDCUL would club hands with land owners to create a ‘land bank.’ The involvement of SIDCUL is expected to boost the confidence of investors from other states, who would be allowed to purchase 2 acres of land in the hills and 30 acres in the plains.
The cabinet also approved a total of 31 posts for theUttarakhand Real Estate Regulatory Authority. The important budget session would be held in the Bhararisain area of summer capital Gairsain from March 13 to 18.
Besides this, the cabinet granted permission to give 3,000 square meter land in the Purukul area to open a school for specially-abled children. The cabinet will also recruit 285 Special teachers for those unable to attend school.
The cabinet also gave a nod to an Industry department proposal recommending bringing down the district mining trust amount from 25% to 15%.