Badal govt. to push 'Make in Punjab' policy

November 27, 2014 09:09 pm | Updated 09:11 pm IST - CHANDIGARH:

On the lines of Prime Minister Narendra Modi’s ‘Make in India’ slogan, the Punjab Government will now be vigorously pursuing a “Make in Punjab” policy whereby it seeks to promote business and investments in the State for generating nearly 1.5 lakh direct and indirect jobs in the next two years.

During a brainstorming session with leading industrialists in the National Capital on Thursday, Punjab Deputy Chief Minister Sukhbir Singh Badal, who is also the chairman of the Punjab Investment Advisory Council, invited the industrial giants to promote 'Make in Punjab'. Mr. Badal said the agrarian State had immense potential in every sector and offered all support to set up ventures, a statement by the Punjab Government said.

Mr. Badal said the government would endeavour to attract more investment in the field of agro and food processing, information technology, bio sciences, healthcare, textiles, electronic hardware, automobiles, garments, sports goods and leather industry. He also gave his government’s nod to setting up private industrial parks at SAS Nagar near here.

For expediting the investments, the Deputy CM also asked the Chief Secretary and CEO, Punjab Bureau of Investment Promotion, Anirudh Tiwari to submit a proposal for amendments in labour laws and other issues related to the industry by December 15. He asked Mr. Tiwari to curtail the time limit for provisioning of all clearances and NOCs from 41 days to less than a month.

Reviewing the status of projects being set up in the State, Mr. Badal said 125 projects worth Rs. 6,000 crore have been processed while 10 proposals with an estimated investment of Rs. 2,000 crore were being processed. Clearances to 62 projects have been awarded, which would generate expected direct and indirect employment for 60,000 people, he claimed.

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