Himachal

CII ADVOCATES STRENGTHENING EASE OF DOING BUSINESS INSTREMENTS IN HIMACHAL BUDGET

February 18, 2018 08:40 PM

Chandigarh (Face2News)

CII Advocates for Strengthening Ease of Doing Business Instruments; Investment in Infrastructure and Harnessing of Competitive Advantages in the HP State Budget.CII budget wish-list includes EoDB, Investment in Infrastructure & Harnessing of Competitive Advantages .

Presenting its budget wish-list to the Government of Himachal Pradesh, CII mooted for an enhanced impetus on sustainable growth through a reforms-based agenda with a reflection of new set of priorities. The Confederation advocated for a comprehensive and composite plan to addresses the socio-economic issues with active participation of all the stakeholders. “State Government should focus on strengthening ease of doing business instruments, investment in infrastructure and harnessing of competitive advantages. This will go a long way in growth and sustenance of industry in the State beyond 2020 which marks the sunset of the incentive package that propelled industrialization in the State”, said Mr Rajesh Saboo, Chairman, CII Himachal Pradesh State Council.

Himachal Pradesh still ranks 17th on the Ease of Doing Business parameters as per the latest rankings issued by DIPP with ineffective single window clearance making a huge dent. Being a land locked state, infrastructure is another big area of concern and State Government should invest as well as promote investments in this critical sector. Major roads traversing through the industrial corridors of the State should be converted to four lane highways. Apart from this the Government should impress upon the centre for extending rail connectivity to the State which will not only give a boost to the industry but will also throttle tourism which is yet another highest employment generating sector in the hill state, added Mr Saboo. 

Unethical and monopolistic practices of the Truck Unions in the industrial areas are another major area of concern and hence should be disbanded with immediate effect. Power which used to be the unique selling point of the government and have attracted industry to the State is no more available on competitive rates. State Government should announce a more competitive power tariff with no further escalation for at least a period of next five years. This will not only help industry grow and flourish but will also an enabler for sustaining the existing industry, said Mr IMJS Sidhu, Vice Chairman, CII Himachal Pradesh State Council. 

CII also called for a renewed and refreshed version of the State Tourism Policy with special focus on health & wellness tourism; adventure tourism; and rural & orchard tourism. 

We are quite confident that State Government will consider our recommendations while charting the priorities and making budgetary provisions for 2018-19, said Mr Saboo.

Have something to say? Post your comment