Year-on-year increases in the number of new micro, small and medium enterprises (MSMEs) set up in Uttarakhand over the last four years show that the hill industrial policy is slowly yielding results in the state.
The policy came into effect in 2008 to encourage the growth of MSMEs. The government claims that between then and June this year, more than 3,000 small (mostly micro) units, entailing an investment of Rs 400 crore and employing an estimated 12,000 people, have been set up.