HP Govt Plans To Abolish Essentiality Certificate Requirement For Industrialists To Boost Investment

The government is now actively considering abolishing the compulsion of the essentiality certificate required from the industrialists to increase industrial investment in the state, said Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Sunday.

Sukhu in a statement said that the provision in this respect will be made in the new industrial policy which aims to make India a manufacturing hub by promoting ‘Make in India’.

In addition, the Bureau of Investment Promotion is being set up in the industries department, which will replace the existing single window system, he said.

The CM added, "This bureau will facilitate the potential investors to get all clearances under a single roof. It will provide a plug-and-play interface to the investors. This will help in providing employment opportunities to local youth and also in developing the state as an Ideal investment-friendly state."

The state government will also look into the issue of delay in obtaining permissions under Section-118 of the HP Tenancy and Land Reforms Act 1972. 

"Better infrastructure will be created in major industrial areas of the State to facilitate the industrialists. Power supply in all the industrial areas will be strengthened and upgraded to provide uninterrupted power supply to the industries," he added.

CM  Sukhu stated that the government will also work towards improving social and educational infrastructure in the industrial areas of the state so that the employees of the industries get a proper place to live.