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

Mysore-Darbhanga Bagmati Express derails in Tamil Nadu; many injured

Mysore-Darbhanga Bagmati Express derails in Tamil Nadu; many injured
A total of 13 coaches of the Mysore-Darbhanga Bagmati Express derailed on Friday at Kavaraipettai near Chennai after ramming into a stationary goods train, an official said, adding that three coaches of the train caught fire after the derailment. Several passengers travelling on the train sustained injuries and were admitted to nearby hospitals.

Mysore-Darbhanga Bagmati Express derails in Tamil Nadu; many injured

PM Modi meets Antony Blinken on sidelines of ASEAN Summit

PM Modi meets Antony Blinken on sidelines of ASEAN Summit
During the meeting, PM Modi extended his condolences on the loss of lives due to Hurricane Milton in the US and also discussed strengthening bilateral ties and cooperation in regional matters.

PM Modi meets Antony Blinken on sidelines of ASEAN Summit

Calcutta HC grants bail to all 9 arrested for raising 'Justice for RG Kar' slogan at Puja Pandal

Calcutta HC grants bail to all 9 arrested for raising 'Justice for RG Kar' slogan at Puja Pandal
The Calcutta High Court on Friday granted interim bail to all nine youths arrested by Kolkata Police for raising "Justice for R. G. Kar" slogans at a Durga Puja pandal. After their arrest on Wednesday evening, the nine were produced before a Kolkata court which sent them to seven days of police custody.

Calcutta HC grants bail to all 9 arrested for raising 'Justice for RG Kar' slogan at Puja Pandal

Over 30 hospitalised due to suspected food poisoning in Gujarat's Surendranagar

Over 30 hospitalised due to suspected food poisoning in Gujarat's Surendranagar
More than 30 people from Dedadra village in Gujarat's Surendranagar were hospitalised after suffering from food poisoning, reportedly caused by consuming 'prasad' at a local event. The attendees on Thursday night experienced severe symptoms, including vomiting and diarrhoea, shortly after consuming the offering.

Over 30 hospitalised due to suspected food poisoning in Gujarat's Surendranagar

ED conducts search operations in Delhi, Mumbai in connection with drugs seizure

ED conducts search operations in Delhi, Mumbai in connection with drugs seizure
The ED initiated an investigation on the basis of an FIR dated October 2 registered by Delhi Police against 4 persons namely Tushar Goel, Himanshu Kumar, Aurangzeb Siddiqui and Bharat Kumar.

ED conducts search operations in Delhi, Mumbai in connection with drugs seizure

RG Kar protests: Bengal Chief Secy sends email to WBJDF listing measures taken by state govt

RG Kar protests: Bengal Chief Secy sends email to WBJDF listing measures taken by state govt
West Bengal Chief Secretary Manoj Pant sent an email to the West Bengal Junior Doctors' Front (WBJDF) late on Friday, with a status update on the initiatives undertaken by the state Health Department at different medical colleges & hospitals in the state in wake of the ghastly rape and murder of a junior doctor of R.G. Kar Medical College & Hospital in Kolkata in August.

RG Kar protests: Bengal Chief Secy sends email to WBJDF listing measures taken by state govt