Close X
Friday, November 22, 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

Jaipur to be developed as a sports hub: Rajasthan CM

Jaipur to be developed as a sports hub: Rajasthan CM
In a bid to support the sports culture in the state, the delegation had a productive discussion with the officials of Royal Multisport Pvt Ltd, owner of the Rajasthan Royals cricket team at London’s Lord's Cricket Ground.

Jaipur to be developed as a sports hub: Rajasthan CM

Jailed MP Amritpal Singh, two Canada-based handlers blamed for murder in Punjab

Jailed MP Amritpal Singh, two Canada-based handlers blamed for murder in Punjab
Sharing operation details, the DGP said a Special Investigation Team (SIT), comprising police officials from Faridkot district and State Special Operations Cell, was constituted and separate teams were assigned the tasks of visiting the scene of crime and collecting physical and digital evidence.

Jailed MP Amritpal Singh, two Canada-based handlers blamed for murder in Punjab

India denies Canadian allegation that it uses mobsters to target Sikh separatists in Canada

India denies Canadian allegation that it uses mobsters to target Sikh separatists in Canada
Canada is not the only country that has accused Indian officials of plotting an assassination on foreign soil. The U.S. Justice Department announced criminal charges against an Indian government employee Thursday in connection with an alleged foiled plot to kill a Sikh separatist leader living in New York City.

India denies Canadian allegation that it uses mobsters to target Sikh separatists in Canada

Rs 25 lakh ‘supari’ to kill Salman Khan: Navi Mumbai cops nab wanted man from Haryana

Rs 25 lakh ‘supari’ to kill Salman Khan: Navi Mumbai cops nab wanted man from Haryana
The Navi Mumbai has arrested a key operative of the jailed mafiosi Lawrence Bishnoi, for an alleged Rs 25 lakhs contract to eliminate Bollywood mega-star Salman Khan, from Panipat in Haryana, officials said here on Thursday. He is identified as Sukhbir Balbir Singh alias Sukha who was nabbed by a team of Panvel Police from Haryana yesterday, for the contract hit on Khan plotted between August 2023 and April 2024.

Rs 25 lakh ‘supari’ to kill Salman Khan: Navi Mumbai cops nab wanted man from Haryana

Elderly couple among 3 killed in a blaze at posh complex in Mumbai

Elderly couple among 3 killed in a blaze at posh complex in Mumbai
A senior citizen couple and another person died in a major fire that broke out in a flat in the upmarket Lokhandwala Complex in Andheri West, officials said here on Wednesday. According to the BMC Disaster Control, the blaze was reported around 8 a.m. and firefighters and other rescue teams rushed to the spot.

Elderly couple among 3 killed in a blaze at posh complex in Mumbai

Make me CM again, says Kejriwal in open letter to Delhi voters

Make me CM again, says Kejriwal in open letter to Delhi voters
Aam Aadmi Party (AAP) national convener Arvind Kejriwal on Wednesday made an emotional appeal to Delhi voters to re-elect him as the Chief Minister in the upcoming Assembly elections. The legislator from the New Delhi Assembly constituency accused the BJP of conspiring to halt development in the national capital and sought public support to defeat it.

Make me CM again, says Kejriwal in open letter to Delhi voters