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

After asking local staffers to leave office early, Canadian High Commission to resume work at scheduled hours on Wednesday

After asking local staffers to leave office early, Canadian High Commission to resume work at scheduled hours on Wednesday
Hours after India expelled a Canadian diplomat on Tuesday in a tit-for-tat move in retaliation to Canada's action of expelling an Indian diplomat, the Canadian High Commission in the national capital asked its local staffers to leave the premises during the noon,  sources said. However, in another communication to all the local staffers the embassy informed them about normal timings tomorrow.

After asking local staffers to leave office early, Canadian High Commission to resume work at scheduled hours on Wednesday

Trudeau unfortunately walked into trap, says Amarinder Singh

Trudeau unfortunately walked into trap, says Amarinder Singh
Senior BJP leader and former Punjab Chief Minister Capt Amarinder Singh on Tuesday dismissed the claims of Canadian Prime Minister Justin Trudeau that there was an Indian hand in the murder of Khalistani activist Hardeep Singh Nijjar. Capt Amarinder said the murder was the result of a factional feud within the management of the Guru Nanak Sikh Gurdwara in Surrey in Canada.

Trudeau unfortunately walked into trap, says Amarinder Singh

Manmohan Singh, Shibu Soren & Maneka Gandhi likely to address function commemorating parliament on Tuesday

Manmohan Singh, Shibu Soren & Maneka Gandhi likely to address function commemorating parliament on Tuesday
Former prime minister and Rajya Sabha MP Manmohan Singh, Jharkhand Mukti Morcha leader and Rajya Sabha member Shibu Soren and BJP Lok Sabha MP Maneka Gandhi are likely to speak during a function in Central Hall to commemorate the legacy of Parliament on Tuesday. The function will mark the end of Parliamentary proceedings in the old building and then from 1:15 pm onwards, proceedings of both Houses will begin in the new Parliament building.

Manmohan Singh, Shibu Soren & Maneka Gandhi likely to address function commemorating parliament on Tuesday

Punjab’s ex-minister Garcha sedated, valuables stolen from house

Punjab’s ex-minister Garcha sedated, valuables stolen from house
Former Akali minister in Punjab, Jagdish Singh Garcha (85), his wife and sister along with one of their domestic helps were found unconscious at his residence in Ludhiana in a suspected robbery case. The family's male domestic help is suspected to be behind the crime.

Punjab’s ex-minister Garcha sedated, valuables stolen from house

Women's reservation bill likely to have been cleared by Union Cabinet

Women's reservation bill likely to have been cleared by Union Cabinet
Amid frenzied speculations within political circles since Monday morning and incessant demands from MPs across party lines, seeking passage of women's reservation bill in Lok Sabha, the Union Cabinet is learnt to have given its consent to the much awaited legislation. There is a likelihood that a few other key legislations may also have been reportedly cleared by the Union Cabinet.

Women's reservation bill likely to have been cleared by Union Cabinet

'Not shot in Punjab prison', Punjab govt clarifies on Lawrence Bishnoi's video

'Not shot in Punjab prison', Punjab govt clarifies on Lawrence Bishnoi's video
A news channel had flashed a video of September 17 in which high-risk prisoner Lawrence Bishnoi could be seen speaking to now arrested cow vigilante Monu Manesar through a WhatsApp video call. Manesar is one of the prime accused in inciting violence in Haryana Nuh district. In the video, another person could be seen sitting in a chair with Bishnoi.  

'Not shot in Punjab prison', Punjab govt clarifies on Lawrence Bishnoi's video