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UP invokes cards to woo investors

Source : BUSINESS_STANDARD
Last Updated: Wed, Dec 05, 2012 21:54 hrs

The Uttar Pradesh government has decided to issue ‘Golden Card’ to major industrialists/investors and prominent industry associations.

Investor who propose to invest over Rs 200 crore in the state would be issued Golden Cards with a maximum of two per unit/group.

These cards would ease access to the state government secretariat and departments for resolving industry related issues. The facility would also be offered to the state presidents and general secretaries of national level industry associations.

The associations are Confederation of Indian Industry (CII), PHD Chamber of Commerce & Industry (PHDCCI), Indian Industries Association (IIA), Associated Chamber of Commerce and Industry (Assocham) and Federation of Indian Chambers of Commerce and Industry (Ficci).

Further, the card would be issued to national presidents of these associations with the cap of two cards per body. State-level industrial associations would be allowed a card each. Anil Kumar Gupta, Commissioner, State Infrastructure & Industrial Development (IIDC), said the Golden Card facility was part of a larger objective to create an industry-friendly environment in UP. “Industrialists and investors have to regularly visit government offices to get relevant information on proposals and for sorting out their problems. This measure will make their entry easy.”

Golden Card will be akin to an identity card with the photograph of the holder. It would allow entry of industrialists to the secretariat and government department offices on priority and resolved in time bound manner.

UP industry interface Udyog Bandhu would issue these cards.



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