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Nishank to meet PM over industrial package

Last Updated: Sunday, March 28, 2010 - 17:57

Dehra Dun: Uttarakhand Chief Minister
Ramesh Pokhriyal Nishank along with his cabinet colleagues
would meet Prime Minister Manmohan Singh in New Delhi tomorrow
to seek extension of the Concessional Industrial Package
(CIP), which created an industrial boom in the hill state.

Amid indications that the Centre was willing to extend
the package by only one year, Pokhriyal would meet Singh to
seek the extension of the package for at least three more
years.

Although Nishak has been seeking extension of the package
till 2020, officials here said Uttarkhand was now ready to
accept the package even if it is till 2013.

"This is our right that the limit of the package should
be for 10 years at least," said Nishank. This will be third
meeting between Nishank and Singh in recent times over the
issue.

The Centre has been reluctant to extend the package
claiming that it was against the spirit of Goods and Service
tax (GST) which is coming into effect from April 1, 2011.

An industrial boom was witnessed in Uttarakhand after the
Centre announced the special package in 2003 with top-notch
companies like Tata Motors, Nestle, HUL, Bajaj Auto, Hero
Honda setting up new units in Uttarakhand.

The Chief Minister is contending that the package was
not only a necessity but also a mandatory for Uttarakhand
which provides its men-force, water and clean environment to
the entire country.

Moreover, Nishank said the extension of package would
also affect an investment of over Rs 30,000 crore which
was in pipeline in the state. Through this investment, Nishank
hopes that it would open up further employment opportunities
in the state where menace of migration from the hills to the
plains is rampant.

Meanwhile, Nishank has also been holding separate
parleys with Himachal Chief Minister Prem Kumar Dhumal to
devise a joint strategy over the issue. Himachal enjoys a
similar package.

Nishank yesterday also held talks with the Prime
Minister over telephone.

PTI

First Published: Sunday, March 28, 2010 - 17:57

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