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Newslaundry
Newslaundry
Basant Kumar

When PSUs, fertiliser shops, and flour mills became Uttarakhand’s ‘investors’ after global summit

Inaugurating the Uttarakhand Global Investors Summit on December 8, 2023, Prime Minister Narendra Modi declared the state a “new hub for investment”, crediting the “double engine” government’s push on tourism, connectivity and investment.

There were grand numbers that followed: 1,779 MoUs worth Rs 3.56 lakh crore. Chief Minister Pushkar Singh Dhami had chased them with roadshows in London and Dubai, and in Bengaluru, Delhi, Ahmedabad, Chennai and Mumbai – a courtship that cost taxpayers roughly Rs 100 crore, according to an RTI response seen by Newslaundry.

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