Joint strategy on CIP for U'khand and Himachal -Governance Now

Joint strategy on CIP for U'khand and Himachal

States will form a joint strategy for asking centre for CIP extension

PTI | March 26, 2010

Uttarakhand government would evolve a joint strategy with Himachal Pradesh to take up the issue of extension of Concessional Industrial Package (CIP), which expires this month, with the Centre.

Uttarakhand chief minister Ramesh Pokhariyal Nishank on Friday told reporters that he had talked to his Himachal Pradesh counterpart Prem Kumar Dhumal in this regard the day before and the latter had agreed to his proposal to jointly take up the matter of extension of CIP beyond Mar 31 with the Centre.

Himachal Pradesh is also the beneficiary of the CIP announced by the Union government in 2003.

To a question whether he would stage a dharna before Prime Minister Manmohan Singh as he had announced earlier to press for his demand, Nishank said he has kept all the options open in this regard.

Nishank has been seeking extension of CIP till 2020 stating that it is necessary for the industrial growth of the backward hill state.

Following the announcement of CIP in 2003, Uttarakhand witnessed an industrial boom with topnotch companies like Tata Motors, Bajaj Auto, Hero Honda, Mahindra & Mahindra and Britannia setting up their units in the state.

Comments

Other News

Here’s an I.D.E.A. for career growth and success

Success in today’s professional organisation is no longer solely determined by academic qualifications, technical expertise or years of experience. While these attributes do matter, organisations increasingly value individuals who demonstrate the right mindset and behavioural qualities. The ability

PM interacts with CEOs, founders of space startups

Prime minister Narendra Modi interacted with CEOs and Founders of 20 Space Startups at Seva Teerth on Friday. CEOs of leading companies in the space sector working in diverse fields ranging from building rockets and reusable semi-cryogenic launch vehicles, avionics, satelli

From one cow to a dairy business

In 2012, Anita Dash wasn`t dreaming of building a dairy brand. She wasn`t studying business models or planning market expansion. Like countless mothers across India, her focus was on something much simpler: giving her children a better future. At the time, her most valuable

Ethanol blending: The two sides of a story

India`s crude oil consumption is estimated to be around 88.5% imported from abroad. This one single figure is also responsible for why ethanol has become both an economic strategy and fuel policy at the same time. In an economy like India, which depends so heavily on foreign oil, any increase in internat

Food inflation: Not a macroeconomic statistic but a developmental indicator

India`s retail inflation shows a reassuring picture at first glance. According to the latest data, Consumer Price Index (CPI) inflation edged up to 4.38% in June 2026 from 3.93% in May 2026, but continued to remain within the Reserve Bank of India`s (RBI) target band of 4% (+/- 2%). However, beneath this

Skin in the game or masterful market timing?

When a company founder opens their personal chequebook to buy shares in their own business, stock markets usually applaud. To the average retail investor, it feels like the ultimate vote of confidence, a sign that the people running the show have real skin in the game and believe brighter days are ahead.