Dehradun: On the basis of strong Industrial base, the three most emerging economies of northern areas i.e. Chandigarh, Haryana and Uttarakhand did not meet the expectation of people as far as their industrial growth is concerned. JPN/Bureau
According to reports, only Rs 2.50 crore has been spent out of the total allotted amount of Rs 9.50 crore.
Since Uttarakhand has been carved out as a new state, the claims of improving industrial areas in adverse conditions are far from reality.
This is one of the main reasons that the industrial growth rate in the plains is much better in comparison to the other areas. On a good note at least a good growth rate has been registered in the villages after 2003.
The 13th Financial Commission report has already confirmed it. According to the report, from year 1999- 2000 and 2006- 2007, the yearly gross domestic product (GDP) rate was pegged at 9 per cent. The industrial areas growth rate was registered at 17.2 percent.
According to Confederation of Indian Industries (CII) report, the manufacturing and construction industries registered a higher growth in the year 2007- 08. It led the State to be included in the list of three most developing states.
In order to encourage the progress of industrial growth, a special integrated, industrial encouragement policy-2008 was implemented. Despite giving stress on this policy, the reality was that only Rs 2.57 crore was spent from 2008 to 2010.
Comptroller and Auditor General of India mentioned that only a scarce amount was utilised out of Rs 9.50 allocated. It is clear that industrial growth in hilly region was ignored to a greater extent.
According to the CAG report, more emphasis was laid on land allocation instead of the growth rate in developing areas. Due to this Centre’s 45.90 percent land area could not be utilized properly.
Dehradun: On the basis of strong Industrial base, the three most emerging economies of northern areas i.e. Chandigarh, Haryana and Uttarakhand did not meet the expectation of people as far as their industrial growth is concerned.