HP Government Committed to Attracting Investment: Minister

Published: 19th October 2014 10:33 PM  |   Last Updated: 19th October 2014 10:33 PM   |  A+A-


SHIMLA: Himachal Pradesh Urban Development Minister Sudhir Sharma today said the government is committed to removing various hurdles to attract maximum investment for the development of integrated townships in the state.

"The government is committed to removing various hurdles and ensuring clearances in a time bound manner so that maximum investment can be attracted in the state," Sudhir Sharma said at an investor's interaction meet organised in?New Delhi.

Sharma said the state government plans to develop townships with the help of private investors on the PPP model, in association with HP Housing and Urban Development Authority (HIMUDA), HP Infrastructure Board and Department of Urban Development.

He said the state government would come out with an investor friendly policy for investments and the interest of people of Himachal would also be protected.

The government is open to suggestions from investors for drafting pragmatic policy for the development of integrated townships and said this meet would go a long way in assisting the government to finalise it in a time bound manner, he added.

HIMUDA has finalised the draft for Himachal Pradesh Integrated Township Policy and has sent it to the government for approval.

Integrated townships policy focuses on affordable houses for economically weaker sections and aims to set up satellite townships near Shimla, Kangra, Solan, Mandi and Hamirpur.

Stay up to date on all the latest Nation news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp