In an attempt to pull investors relocating out of China after the outbreak of COVID-19, Uttar Pradesh government has started devising policies to persuade such investors to relocate in the state. The idea, mooted by chief minister Yogi Adityanath, is a step to revive the pandemic-hit economy of the state.
The special package, can be offered to such companies, would be additional to the existing incentives already in placed out to attract private sector investments in the state.
CM Yogi has asked the minister for industrial development, Satish Mahana, and minister in charge of MSMEs Sidharth Nath Singh to frame out ways in which the state can attract the industries moving out of China. He also asked them to get in contact with the embassies of various countries and talk to the ambassadors in this regard to this matter.
The UP government, on Thursday, issued an order allowing nine types of industries to run conditionally with essential services. The permission to operate continuous process industries include steel, refinery, cement, chemical, fertilizer industries, foundries, paper, tyre industry, sugar mills, etc.
However, the permitted industries have been asked to run their units with restrictions such as maximum 50% workforce and ensure that the sanitation in the industrial complex is as per the guidelines.
The district administration and medical department have been asked to ensure that these guidelines are being followed.