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

Kerala human sacrifice case: Prime accused labelled a 'psychopath & pervert'

Kerala human sacrifice case: Prime accused labelled a 'psychopath & pervert'
The couple which committed the heinous act have been identified as Bhagaval Singh and his wife Laila, who used to run a massage centre near Aranmula in Pathanamthitta district at their house Shafi brought the two women to the couple's home in June and September, and they were brutally murdered by the couple.

Kerala human sacrifice case: Prime accused labelled a 'psychopath & pervert'

Centre forms committee to examine WHO details on 66 kid deaths in The Gambia

Centre forms committee to examine WHO details on 66 kid deaths in The Gambia
The WHO had issued an alert on four India-made cough and cold syrups "potentially linked with acute kidney injuries and 66 deaths among children in Gambia". The WHO has informed that as per the tentative results received by it, out of the 23 samples of the products under reference which were tested, four samples have been found to contain Diethylene Glycol/Ethylene Glycol.

Centre forms committee to examine WHO details on 66 kid deaths in The Gambia

Visa issues will be solved by year-end, Australia tells India

Visa issues will be solved by year-end, Australia tells India
The visa backlog issue is of utmost concern to the Indian students who are trying to return to educational institutions in Australia following the Covid pandemic. Jaishankar, who is on his second visit to Australia, said he was assured that the situation has improved and about 77,000 Indian students are back in Australia.

Visa issues will be solved by year-end, Australia tells India

Two more aides of Lawrence Bishnoi gang held in Delhi

Two more aides of Lawrence Bishnoi gang held in Delhi
Deputy Commissioner of Police (DCP) of Special Cell, Jasmeet Singh said that the arrested gangsters, identified as Deepak Arora alias Deepa alias Popat and Gulshan Kumar alias Gulia, were arrested from the Lado Sarai area in the national capital.

Two more aides of Lawrence Bishnoi gang held in Delhi

Punjab and Haryana HC quashes FIRs against Bagga, Vishwas

Punjab and Haryana HC quashes FIRs against Bagga, Vishwas
BJP leader Bagga had moved the High Court while challenging the non-bailable arrest warrant issued against him by a Mohali Court in May. While pronouncing the judgment in Bagga case, Justice Anoop Chitkara said the court had seen all the tweets and posts placed on record by the parties.

Punjab and Haryana HC quashes FIRs against Bagga, Vishwas

Avoid non-essential travel, India advises its nationals in Ukraine

Avoid non-essential travel, India advises its nationals in Ukraine
In view of the current escalation of hostilities in Ukraine, Indian nationals are advised to avoid all non-essential travel to and within Ukraine. They must strictly follow the safety and security guidelines issued by the Ukrainian Government and local authorities, the advisory said.

Avoid non-essential travel, India advises its nationals in Ukraine