Category Archives: Business and Economy

Businesss and Economy News

CAG raps SIDCUL’s policy for growth centre

The slow rate of allotment of plots at the Sigaddi growth centre in Pauri district is due to the “faulty” policy of bidding adopted by the government-run State Infrastructure and Industrial Development Corporation of Uttarakhand Limited (SIDCUL), a CAG report … Continue reading

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Build a hotel in old buildings

The Uttarakhand government has announced exemption in luxury tax for five years on all those old buildings which would be converted into hotels with a substantial investment of 50 per cent of the current market value. The government currently levies … Continue reading

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Uttarakhand to set up 13 ayush grams

Dehradun, Apr 10 (PTI) Bhowali sanatorium in Nainital district, where Kamala Nehru was admitted during her last days, is all set to become the first Ayush Gram comprising a hospital, a wellness centre, a hotel and a herbal garden. Under … Continue reading

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Kotdwar Railway Station to be revamped

Kotdwar railway station in Uttarakhand, built by the British government in the 1890s and one of the oldest in the country, is set to receive a new lease of life after the Northern Railway has decided to develop it as … Continue reading

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Uttarakhand reiterates demand for extension of industrial sops

Dehradun, 24 May 2010 Reiterating the demand for extension of the Concessional Industrial Package (CIP), Uttarakhand chief minister Ramesh Pokhriyal Nishank on Sunday said the Centre should extend the excise exemptions till 2013 if not 2020. “If the Centre is … Continue reading

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Fall in Basmati rice production in Uttarakhand

Pantnagar, 22 May 2010 The overall production of the famous Basmati rice from Uttarakhand’s Terai region has decreased with respect to several different emerging brands from other states, which have captured the market. Basmati rice of Terai, which was known … Continue reading

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