Punjab's new industrial policy from April 1

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Charanjit Ahuja: Chandigarh, Mar 12 2013, 21:30 IST
The Punjab is all set to unveil New Industrial Promotion Policy focused on inclusive growth of the state from April 1, 2013 according to deputy chief minister, Sukhbir Singh Badal.

Badal who is also Minister for Investment Promotion while inaugurating North India Textile Conclave 2013 organised by Confederation of Indian Textile Industry here today disclosed that he had constituted a core group of Industrial honchos and based upon their organized inputs besides incorporating the suggestions of Governance Reforms Commission, Punjab is all set for a “game changer Industrial Investment Promotion Policy”.

He said that the New Policy besides focusing on inclusive growth, tapping the inherent advantages of the state, would lay out the blue print for Industrial revolution for next 25 years.

Describing Textile as a biggest catalyst of growth, Badal said that the beauty of this sector is that it ensures dispersion of prosperity in every section of the society besides giving a big push to employment especially to the women. He said that promotion of Textile Industry was our main agenda and New Investment Promotion Policy besides cutting red tapism and archaic rules would be aggressive policy to attract investment in every sector.

Presenting Punjab as best investment destination in the country, Badal said that it would be the first state in the country that would be power surplus by December and would be able to sell power to other states. He said that “We have demand of power from even Pakistan and it was for Union Government to

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