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

Over 80 children of tribal hostel in MP's Jabalpur suffer food poisoning

Over 80 children of tribal hostel in MP's Jabalpur suffer food poisoning
At least 80 children of the Eklavya tribal hostel located in Madhya Pradesh’s Jabalpur district were suffered food poisoning after having dinner, officials said. After eating food on Sunday evening, almost all the children suddenly complained of stomach pains or started vomiting and some were admitted to the Victoria Hospital, while some were shifted into some private hospitals.

Over 80 children of tribal hostel in MP's Jabalpur suffer food poisoning

'Rahul Gandhi will have to travel to sun or moon to become PM': Assam CM

'Rahul Gandhi will have to travel to sun or moon to become PM': Assam CM
"Leaders of INDIA bloc mocked Chandrayaan, I want to urge the scientists of ISRO to make another Chandrayaan and leave the leaders of INDIA bloc on the moon. The leaders of INDIA are making statements against Sanatan Dharma on the direction of Rahul Gandhi. In 2024, Narendra Modi will become the Prime Minister of the country once again. If Rahul Gandhi wants to become the Prime Minister of the country, he has to visit the sun and moon," Sarma said.

'Rahul Gandhi will have to travel to sun or moon to become PM': Assam CM

BSF, Punjab Police seize 1.710 kg heroin

BSF, Punjab Police seize 1.710 kg heroin
In an intelligence-led operation, the BSF along with Punjab Police on Friday recovered 1.710 kg heroin on input shared by Jalandhar Rural Police. Till now, 24.710 kg heroin has been recovered from the possession of Malkeet Singh Kali and his associates, Punjab Police said in a post on X.  

BSF, Punjab Police seize 1.710 kg heroin

Hry minister Sandeep Singh gets anticipatory bail in sexual harassment case

Hry minister Sandeep Singh gets anticipatory bail in sexual harassment case
A Chandigarh court on Friday granted anticipatory bail to Haryana minister Sandeep Singh, who was chargesheeted last month for sexually harassing a woman junior coach. Additional District and Sessions Judge Rajeev K. Beri allowed the anticipatory bail plea and issued notice to the minister for the hearing on Saturday.

Hry minister Sandeep Singh gets anticipatory bail in sexual harassment case

PM Modi to inaugurate extension of the Airport Express Line on Sep 17

PM Modi to inaugurate extension of the Airport Express Line on Sep 17
Prime Minister Narendra Modi will dedicate to the nation the first phase of the India International Convention and Expo Centre, called 'Yashobhoomi', here in Dwarka, on September 17, which is also his birthday. Developed at a cost of about Rs 5,400 crore and total project area of over 8.9 lakh square metre, 'Yashobhoomi' will be among the world's largest MICE destination.

PM Modi to inaugurate extension of the Airport Express Line on Sep 17

Three-year exemption to industry from shifting out of residential areas in Ludhiana: Mann

Three-year exemption to industry from shifting out of residential areas in Ludhiana: Mann
Addressing a gathering of industrialists here, the Chief Minister said the focal points and industrial zones are in a dilapidated condition, which is hampering the development of industries. He said this will be soon overcome by ensuring comprehensive development of the focal points and industrial areas. Mann said a detailed blueprint has been prepared to facilitate the industrialists and give a facelift to the focal points.

Three-year exemption to industry from shifting out of residential areas in Ludhiana: Mann