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

Woman going to celebrate Bhai Dooj dies after being attacked by scooty-borne robbers

Woman going to celebrate Bhai Dooj dies after being attacked by scooty-borne robbers
The deceased identified as Sunita Mittal was travelling by an e-rickshaw. Her grandson and daughter-in-law were also with her. She was on her way to Rohini sector 9. In the Prashant Vihar area two persons who were riding on a scooty attacked her in a bid to snatch her bag. The woman raised an alarm.

Woman going to celebrate Bhai Dooj dies after being attacked by scooty-borne robbers

Two Indian women held at Mumbai airport with gold hidden in jeans

Two Indian women held at Mumbai airport with gold hidden in jeans
During the physical search, both the women were detected with something wrapped below their knees in a bandage-like arrangement, arousing suspicions. On further examination, it was found that the duo had wrapped 24 carat pure gold in wax form around their legs, concealed with an adhesive bandage-like material underneath their jeans.

Two Indian women held at Mumbai airport with gold hidden in jeans

Kejriwal's demand doomed? 'Only Gandhiji on Indian currency notes', ruled RBI in 2010

Kejriwal's demand doomed? 'Only Gandhiji on Indian currency notes', ruled RBI in 2010
As Kejriwal faces flak now, Maharashtra Congress Chief Spokesperson Atul Londhe hit out saying the 'IIT graduate' Delhi CM was 'pontificating like a pandit or soothsayer' with his ridiculous suggestions.

Kejriwal's demand doomed? 'Only Gandhiji on Indian currency notes', ruled RBI in 2010

NIA questions Punjabi singer Afsana Khan in gangster-terror nexus case

NIA questions Punjabi singer Afsana Khan in gangster-terror nexus case
Khan was said to be very close to Moosewala and the Bhambia Gang. Moosewala used to call her sister.  Lawrence Bishnoi gang allegedly killed Moosewala to avenge the death of Vicky Middukhera.  But before committing the murder of Moosewala, a number of persons of the Punjabi Pop Industry were threatened and a few were also attacked.

NIA questions Punjabi singer Afsana Khan in gangster-terror nexus case

Bystanders again make videos as man bleeds to death

Bystanders again make videos as man bleeds to death
Doctors said that the man's life could have been saved had he been brought to the hospital in time. The victim was the only son of his parents and was looking after the family business after the death of his father. He got married two years ago and his wife is four months pregnant.

Bystanders again make videos as man bleeds to death

100 Punjabi workers stranded in Abu Dhabi without passports

100 Punjabi workers stranded in Abu Dhabi without passports
Their family and well-wishers in Punjab say they were employed by a private company. They were sacked from their jobs, but their passports were not returned and were unable to return to India. Social activist Dilbagh Singh has written to Union External Affairs Minister S. Jaishankar, seeking their early extradition.

100 Punjabi workers stranded in Abu Dhabi without passports