Captain Amarinder unveils Punjab Industrial Policy in Mumbai
Thursday, 02/11/2017
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Captain Amarinder unveils Punjab Industrial Policy in Mumbai. Amid strong appreciation from industry for the transformed environment in Punjab, Chief Minister Captain Amarinder Singh on Wednesday unveiled the innovative new Industrial and Business Development Policy, 2017 in Mumbai, with a call to the captains of industry to join him in transforming the state into a vibrant and dynamic industrial hub. Captain Amarinder was leading a high-level delegation at CII’s Invest North summit here. The Chief Minister invited the industrialists to give any feedback or suggest any changes they felt were needed in the industrial policy to further strengthen it and facilitate operations in the state.
His government wanted to make Punjab a happy place for them to come and work, said Captain Amarinder, adding that since industrial development would lead to employment generation for the state’s young population, it would result in a strong partnership between the state and industry. Promising the right atmosphere and a level playing field to them, the Chief Minister invited leading captains of industry to come and investing Punjab, which was providing all facilities, including power at the lowest rate of Rs.5/unit in the country, to promote ease of business. The entry of new industries into the state would make the existing ones more competitive, said Captain Amarinder, promising to address any feedback to the industrial policy and to make any changes to further make business operations easier.Captain Amarinder unveils Punjab Industrial Policy in Mumbai
Pointing out that his government had banned truck cartels, the Chief Minister said all possible steps were being taken to ensure that industrial development is boosted on priority. The Chief Minister said Punjab had a good work force and no labour problems, offering an added advantage to industry, which was urgently needed for the state’s economic revival. Agriculture cannot lead to prosperity as the excessive use of ground water had taken its toll and industry alone could lead to holistic development of the state, he added.
The state, which had suffered its own set of problems, first due to the partition and then as a result of bifurcation, had emerged as the country’s food basket while its industrial development suffered, the Chief Minister pointed out. Even on the agricultural front, Punjab wanted to change the way things are done, said Captain Amarinder, citing drip irrigation and crop diversity as some of the areas his government was focusing on in order to revive the sector and make it lucrative for farmers.
