Close X
Friday, October 25, 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

Bengal Governor bars entry of police, state Finance Minister into Raj Bhavan

Bengal Governor bars entry of police, state Finance Minister into Raj Bhavan
West Bengal Governor C.V. Ananda Bose issued an order on Thursday night banning the entry of the police and Minister of State for Finance, Chandrima Bhattacharya, into the Raj Bhavan.

Bengal Governor bars entry of police, state Finance Minister into Raj Bhavan

'Engineered Narrative', Bengal Governor reacts to molestation charge

'Engineered Narrative', Bengal Governor reacts to molestation charge
Hours after a temporary female staff at the Raj Bhavan filed a written complaint with the police accusing West Bengal Governor C.V. Bose of 'outraging her modesty', the latter denied the charges on Thursday night, calling the accusation an attempt to gain electoral benefits.

'Engineered Narrative', Bengal Governor reacts to molestation charge

Bomb threat at schools: No cause for alarm, it seems to be a hoax call, says MHA

Bomb threat at schools: No cause for alarm, it seems to be a hoax call, says MHA
Hours after several schools in Delhi and its peripherals received bomb threats, the Ministry of Home Affairs (MHA) said that there is no cause for alarm. “It seems to be a hoax call. Delhi Police and security agencies are following standard protocols and taking appropriate measures,” said the MHA in a statement. 

Bomb threat at schools: No cause for alarm, it seems to be a hoax call, says MHA

Salman Khan firing case: Accused gun supplier found hanging in Mumbai police lockup, declared dead

Salman Khan firing case: Accused gun supplier found hanging in Mumbai police lockup, declared dead
In a sensational development, Anuj Thapan, one of the prime accused in the firing at Salman Khan’s home, allegedly committed suicide in a Mumbai Police lockup on Wednesday, officials said. The incident took place shortly before noon at the Crime Branch lockup where the accused Thapan was lodged for investigations after he was sent to police custody till May 8.  

Salman Khan firing case: Accused gun supplier found hanging in Mumbai police lockup, declared dead

Punjab Police conducts search operations at identified drug hotspots

Punjab Police conducts search operations at identified drug hotspots
Punjab Police on Wednesday conducted a state-level Cordon and Search Operation (CASO) at identified drug hotspots and vulnerable areas in all 28 police districts. The operation was conducted on directions of Director General of Police Gaurav Yadav from 8 a.m. to 11 a.m. simultaneously across the state.

Punjab Police conducts search operations at identified drug hotspots

Rajasthan govt forms 27 teams to check illegal mining in state

Rajasthan govt forms 27 teams to check illegal mining in state
The BJP-led Rajasthan government on Wednesday constituted 27 teams to take strict action against illegal mining, transportation, and storage of gravel in the state and has also directed the police and district administration to work in coordination with each other, a top government official said. 

Rajasthan govt forms 27 teams to check illegal mining in state