Himachal Pradesh government is making every effort to make the state industry friendly and several schemes have been launched to provide best facilities under ease of doing business to entrepreneurs coming to the state.

Chief Minister Sukhvinder Singh Sukhu is trying hard to develop the state into a favorite destination for investment and the state is giving utmost priority for improving the ranking of the state in ease of doing business and creating an eco-friendly industrial environment.  

The state government is providing incentives like cheaper power, easy credit facilities through the State Finance Corporation and through Nationalized Banks, cheaper land to set up industry, concession in sales and other taxes, besides transportation and other subsidies.

Financial assistance will be given for machinery and equipment in Dental Clinics, purchase of e-taxi, installation of solar power projects up to 1 MW and fisheries projects along with other enterprises under Rajiv Gandhi Swarozgaar Yojana.

 A subsidy of 50 percent will be provided uniformly to all eligible sections on the purchase of e-taxi. The government aims at bringing an investment of about Rs. 20,000 crore in manufacturing, tourism, energy, construction, housing etc. with the potential of providing direct employment to about 40,000 persons and indirect employment to about 50,000 persons.

The CM said, “Since 99 percent of enterprises established in the state come under Micro, Small and Medium category, the industries department will conduct a detailed survey of these enterprises to  identify their problems and find solutions.”

He said , “ The state government will also look into the issue of delay in obtaining permissions under Section-118 of the H.P. Tenancy and Land Reforms Act, 1972”.

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