Uttarakhand News: Unemployment has been a major issue in India for a long time now. The central and state governments alike have been constantly involved in coming up with fresh schemes to tackle the issue. One of the biggest disclosures coming in from the Uttarakhand State Government in light of this problem is their grand investment plan in the service sector. The scheme promises a 25% subsidy reward for Healthcare and Education sector investments.
Uttarakhand Government promises 25% subsidy to investors in Healthcare and Education
The Global Investors Summit is lined up for December 2023 and the Uttarakhand Government seems ready for it. The State has targeted for a budget of Rs. 2.50 crore to create new employment opportunities. Apart from other areas, the government has very specifically locked its eyes on the Healthcare and Education sector. To achieve the overall investment target, the State has come up with a plan to grant a 25% subsidy to investors in the Healthcare and Education sector. It has been affirmed by the State that the Service Sector policy will be approved soon.
Other investment strategies for the Global Investor Conference
The Uttarakhand Government has been working hard for the State’s overall growth. Plans have been set into motion for GDP growth and increasing revenue considering the upcoming Global Investors Summit. Although the service sector is in the cross hairs of the State Government, they have also given a lot of thought to improving other sectors, such as tourism, industry, housing, IT and startups, civil aviation, energy, infrastructure, etc. Uttarakhand has tremendous potential in tourism. It is popularly known as ‘Devbhumi’ due to the presence of several Hindu pilgrimage sites. Its housing sector is also rapidly growing with several new projects coming up. Alongside, around 27 policies have already been put in place for the industrial sector.