Close X
Saturday, October 26, 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

Akali Dal condemns amendment in rules for doctor recruitment in Chandigarh

Akali Dal condemns amendment in rules for doctor recruitment in Chandigarh
Shiromani Akali Dal (SAD) leader Bikram Majithia on Thursday condemned the decision to abolish the 60:40 ratio vis-a-vis recruitment of senior medical officers in the Chandigarh Health Department by the Central government. Reacting to a notice by the Health Department in which the recruitment rules have been changed, Majithia said, “The UT administration has taken upon itself to change the rules for recruitment to deny deputation rights to Punjab government officers in the union territory.”

Akali Dal condemns amendment in rules for doctor recruitment in Chandigarh

Punjab Police, BSF to ensure crime-free polls, break drugs supply chain

Punjab Police, BSF to ensure crime-free polls, break drugs supply chain
Top Punjab Police officials on Thursday chalked out a foolproof strategy with the Border Security Force (BSF) to strengthen the second line of defence to break the supply chain of drugs along the international border, and to ensure free, fair and peaceful general elections.

Punjab Police, BSF to ensure crime-free polls, break drugs supply chain

Arvind Kejriwal moves Delhi court seeking five meetings with lawyer per week

Arvind Kejriwal moves Delhi court seeking five meetings with lawyer per week
Delhi Chief Minister Arvind Kejriwal on Thursday moved a Delhi court seeking permission to spend more time with his legal counsel to prepare for the cases pending against him in several parts of the country.  On Monday, the court sent Kejriwal to judicial custody till April 15 in connection with a money laundering case related to the alleged excise policy scam, as the AAP supremo moved an application seeking three books -- Bhagavad Gita, Ramayana, and How Prime Ministers Decide.

Arvind Kejriwal moves Delhi court seeking five meetings with lawyer per week

Akali Dal constitutes 15-member manifesto committee for Lok Sabha polls

Akali Dal constitutes 15-member manifesto committee for Lok Sabha polls
Shiromani Akali Dal (SAD) President Sukhbir Singh Badal on Wednesday announced the formation of a 15-member manifesto committee for the Lok Sabha polls in Punjab for 13 seats slated on June 1.

Akali Dal constitutes 15-member manifesto committee for Lok Sabha polls

Kejriwal will not resign, says Sanjay Singh; meets CM's wife after release from jail

Kejriwal will not resign, says Sanjay Singh; meets CM's wife after release from jail
The AAP leader also said that during his six-month incarceration, he learned that according to the jail manual, any individual in custody has the right to pen an unlimited number of letters.

Kejriwal will not resign, says Sanjay Singh; meets CM's wife after release from jail

PM Modi to address election rally in Pushkar on April 6

PM Modi to address election rally in Pushkar on April 6
Prime Minister Narendra Modi will address an election rally at Pushkar in Rajasthan's Ajmer district on April 6, the state BJP said on Wednesday.

PM Modi to address election rally in Pushkar on April 6