Which states will receive the Rs1164 crore allocated by the Cabinet for the Industrial Development Scheme 2017?
Himachal Pradesh and Uttarakhand.
2023 September
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The allocation of Rs. 1164.53 crore for the Industrial Development Scheme (IDS) 2017 in Himachal Pradesh and Uttarakhand has been approved by the Cabinet. The initial financial investment for the IDS 2017 was Rs. 131.90 crore, which was fully used by the fiscal year 2021–2022. The need for an additional fund to meet obligations through 2028–2029 prompted the Cabinet's approval. These actions are intended to promote industrial expansion and increase employment opportunities.