The government took the decision recently on recommendations from the State Industrial Development Corporation of Uttarakhand Ltd (SIDCUL).
This is being seen as a major decision nearly a year after the government set up two commissions to probe alleged scandals in SIDCUL, particularly related to the Sitarganj industrial estate, encompassing 1,096 acres, where the Eldeco-SIDUCL Industrial Park (ESIP) is being developed.