Close X
Friday, November 1, 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

Two food and civil supplies controllers held in tender scam in Punjab

Two food and civil supplies controllers held in tender scam in Punjab
Besides, the VB has also initiated proceedings in the court against three accused -- R.K. Singla, Deputy Director with the food and civil supplies, and Pankaj Kumar and Inderjit Singh, both personal assistants of former food and civil supplies minister Ashu -- to declare them as proclaimed offenders.

Two food and civil supplies controllers held in tender scam in Punjab

Nearly 15,000 Indian students taking online classes in Ukrainian universities: Centre to SC

Nearly 15,000 Indian students taking online classes in Ukrainian universities: Centre to SC
On November 11, the Supreme Court had asked the Centre to file an affidavit to inform it about the number of medical students who were pursuing their studies in Ukraine who have been accommodated in other countries. On Tuesday, a bench of Justices Surya Kant and Vikram Nath scheduled the petition filed by Archita and others for further hearing on November 29.

Nearly 15,000 Indian students taking online classes in Ukrainian universities: Centre to SC

Akali Dal opposes Haryana's proposal to establish Assembly in Chandigarh

Akali Dal opposes Haryana's proposal to establish Assembly in Chandigarh
Reacting to a submission made to the UT Administrator by the Haryana Assembly Speaker, the Shiromani Akali Dal (SAD) leader in a letter to the Administrator said Chandigarh was an inalienable part of Punjab and the Haryana government could not apply for a land swap without taking the consent of the parent state.

Akali Dal opposes Haryana's proposal to establish Assembly in Chandigarh

Punjab Police arrest sixth shooter in targeted killing case

Punjab Police arrest sixth shooter in targeted killing case
Director General of Police Punjab Gaurav Yadav identified the arrested accused as Ramjan Khan, alias Raj Hooda. He said police teams have also arrested his two accomplices -- Happy Mehla (19) and Sahil Mehla (18), both resident of Hanumangarh in Rajasthan.

Punjab Police arrest sixth shooter in targeted killing case

Drugs worth Rs 50 cr seized in Assam, 5 held

Drugs worth Rs 50 cr seized in Assam, 5 held
In Cachar, three people were arrested with 1.80 lakh tablets used for intoxication on Sunday in the Lakhipur area in the district. Police informed that the international market value of seized tablets is around Rs 50 crore. The accused were identified as Abdul Saeed, Ibazur Rahman and Sameer Alam, all residents of the Cachar district.

Drugs worth Rs 50 cr seized in Assam, 5 held

Shraddha murder case: Aftab to be taken for medical check-up, Narco test likely today

Shraddha murder case: Aftab to be taken for medical check-up, Narco test likely today
Further, police teams have been sent to Tosh in Himachal Pradesh after it was revealed that he, along with his live-in partner, had stayed there for quite a long time. Aftab had strangled his live-in partner Shraddha Walkar on May 18 and then chopped her body into many pieces.

Shraddha murder case: Aftab to be taken for medical check-up, Narco test likely today