Close X
Monday, October 28, 2024
ADVT 
India

Punjab CM seeks incentives for industry on par with hill states

Darpan News Desk IANS, 23 Oct, 2024 01:31 PM
  • Punjab CM seeks incentives for industry on par with hill states

Chandigarh, Oct 23 (IANS) Presenting Punjab's industrial growth before a team of NITI Aayog, Chief Minister Bhagwant Mann on Wednesday sought incentives for industry of the state on a par with neighbouring hill states.

Addressing the gathering during the inaugural session of a workshop on MSME exports as drivers of growth for Punjab, the Chief Minister said that "it is the need of the hour to give subsidies and incentives to the industrialists of Punjab on a par with the hill states".

He said Punjab being a border state should be given the status of ease of business on lines of hilly states.

"This will help ensure comprehensive industrial development as the state has lagged in industrial growth due to incentives to hill areas," he said.

Describing MSMEs as the backbone of the state’s economy, the Chief Minister said the government and MSMEs would have to come together and work as a team for the exponential growth of the state. He invited the captains of industry to take advantage of the initiatives of the government of Punjab to become globally competitive and shine on the world's centre stage.

Mann said that Micro, Small and Medium Enterprises (MSMEs) play a crucial role in the growth of the economy contributing significantly to Gross Domestic Product (GDP), Gross Value Added (GVA), employment generation, and exports.

In his address, NITI Aayog Vice-Chairman, Suman Berry, said the state has a huge opportunity to excel in the MSME sector. He said the time has come when the relationship between the agrarian and industrial sectors is made productive in the state. He batted for an integrated strategy for these sectors for the holistic development of the state’s economy. He said Punjab is rapidly growing in the industrial sector but more can be done in this regard. He said faster, better and cleaner should be the three characteristics of development in the state during the coming times.

Mohali is a perfectly feasible location for the IT sector and professionals, he said, adding that he hoped that deliberations would be a huge success for the state.

MORE India ARTICLES

Sukhbir questions Kejriwal on Rs 50,000 crore investments in Punjab

Sukhbir questions Kejriwal on Rs 50,000 crore investments in Punjab
Reacting to Kejriwal’s statement that Punjab had received an investment of Rs 50,000 crore, the SAD chief said Kejriwal should substantiate this claim or apologise to Punjabis for lying to them. He said that forget attracting any investment, Punjab has witnessed a flight of industry to Uttar Pradesh as well as other states during AAP's tenure.

Sukhbir questions Kejriwal on Rs 50,000 crore investments in Punjab

12 state-of-the-art libraries opened in Punjab, 16 more to come up

12 state-of-the-art libraries opened in Punjab, 16 more to come up
In an initiative aimed at inculcating reading habits among the youth, Punjab Chief Minister Bhagwant Mann on Friday dedicated 12 state-of-the-art libraries. "These 12 libraries are just a beginning and 16 more such libraries will be soon inaugurated," the Chief Minister said while addressing the gathering here.   

12 state-of-the-art libraries opened in Punjab, 16 more to come up

150 students from Jharkhand school admitted to Bengal hospital after complaining of uneasiness

150 students from Jharkhand school admitted to Bengal hospital after complaining of uneasiness
Around 150 students from a residential school at Jharia in Jharkhand’s Pakur district, which is in close proximity to the Bengal-Bihar borders, were admitted to a local hospital in West Bengal’s Birbhum district. The students were admitted on Wednesday night as they reportedly complained about feeling uneasy after having the dinner.  

150 students from Jharkhand school admitted to Bengal hospital after complaining of uneasiness

Father of India's Green Revolution MS Swaminathan passes away at 98

Father of India's Green Revolution MS Swaminathan passes away at 98
Visionary scientist and father of the Green Revolution in India, Dr Mankombu Sambasivan Swaminathan passed away on Thursday morning. The Padma Bhushan awardee, popularly known as MS Swaminathan, passed away at Chennai at the age of 98. He is survived by his three daughters, Soumya, Madhura and Nitya. His wife Mina predeceased him.

Father of India's Green Revolution MS Swaminathan passes away at 98

Philosophy of Bhagat Singh will inspire youth: Punjab CM

Philosophy of Bhagat Singh will inspire youth: Punjab CM
Punjab Chief Minister Bhagwant Singh Mann on Thursday said that life and philosophy of Shaheed Bhagat Singh will ever inspire youth to serve the country selflessly. The Chief Minister, while addressing the gathering during Ek Sham Shaheedan de Naam here, said that numerous sacrifices were made for emancipating the country from the foreign imperialism.

Philosophy of Bhagat Singh will inspire youth: Punjab CM

Cyberattacks hit military, Parliament websites as India hacker group targets Canada

Cyberattacks hit military, Parliament websites as India hacker group targets Canada
The federal government is coping with apparent cyberattacks this week, as a hacker group in India claims it has sowed chaos in Ottawa. The Canadian Armed Forces says that its website became unavailable to mobile users midday Wednesday, but was fixed within a few hours.

Cyberattacks hit military, Parliament websites as India hacker group targets Canada