Govt aims at bringing Rs 20,000 cr investment, says Himachal CM Sukhu

Creating an industry-friendly environment in Himachal Pradesh is the topmost priority of the state government, Chief Minister Sukhvinder Singh Sukhu said on Sunday.

The government is aiming to bring an investment of about Rs. 20,000 crore in manufacturing, tourism, energy, construction and housing with the potential of providing direct employment to about 40,000 persons and indirect employment to about 50,000, he said in a statement here.

To develop Himachal Pradesh as a favourite investment destination of the country, several new policies have been adopted by the state government, such as providing various incentives like cheaper power, easier credit facilities through the State Finance Corporation and the nationalised banks for establishing new industries, he added.

The land is also being made available on a low-rate lease basis, and new industries are exempted from sales or purchase tax. Concessions are being provided on charges for transportation of raw materials from the neares