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Punjab first state to implement industry friendly policy: Sunder Sham Arora

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Chandigarh, September 18, 2019 (Yes Punjab News)

“Punjab is the first State in the country which has implemented Industry friendly policy-2017 and provided scores of facilities for the new as well as the existing industries.” This was disclosed here today by the Industry and Commerce Minister Mr. Sunder Sham Arora at the udyog bhawan while chairing a meeting of the newly approinted Chairmen, Vice Chairmen, Directors concerned with Districts and Members of the various boards and corporations.

He said that the Industry and Commerce Department is working as a team to ensure that the permissions sought regarding establishing new industrial units are accorded in time. He asked the new appointed Chairmen to exhort the youth of the State to start their own micro, small and medium enterprises.

He also said that the efforts of the Punjab Government have led to the investment of Rs. 50000 Crore in the two years of the present government. This would lead to job avenues for the unemployed youth. He also divulged that the permissions to be sought from 23 departments are being accorded under one roof as per the single window system. The business first portal has come as a big relief to the industrial sector.

The consumption of power during last two years has increased 22 percent owing to facilities like power at Rs. Five per unit. The industry friendly policies have resulted in huge benefits to the industrial sector.

Among other dignitaries present on the occasion included Additional Chief Secretary Industry and Commerce Mrs. Vini Mahajan, CEO Invest Punjab Mr. Rajat Aggarwal, Director Industries Mr. C. Sibin, MD Industry Deptt Mr. Vinit Kumar, Mr. Gurpreet Bassi, Chairman PSIEC Mr. K. K. Bawa, Chairman PMIDB Mr. Amarjit Singh Tikka, Chairperson Punjab Khadi and Rural Industries Board Mrs. Mamta Dutta, Chairman Punjab Infotech Mr. SMS Sandhu.

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