Punjab CM reviews functioning of industrial dept, assures all support

CHANDIGARH: Punjab Chief Minister Captain Amarinder Singh on Monday reviewed the functioning of Industries & Commerce division and guaranteed of fulsome support to spice up industrialization to emerge Punjab on the highest of industrial map within the nation.

He additionally lauded the stupendous efforts of ‘Make investments Punjab’ for bringing whopping funding proposals value Rs.84, 500 crore since March 2017, which is reflective of entrepreneur’s monumental confidence within the investor pleasant insurance policies of state authorities.

Chairing a evaluate assembly of the Industries & Commerce division, the Chief Minister stated that the paucity of funds wouldn’t be allowed to hamper the functioning of the division. He additionally emphasised the necessity to additional liberalize the prevailing industrial & enterprise insurance policies in order to draw extra funding within the state.

Acceding to the request of Chief Secretary Vini Mahajan, the Chief Minister gave approval to carry a digital funding meet amid Covid pandemic, ideally in coming October or November as an endeavour to spice up confidence amongst the possible traders/entrepreneurs to put money into Punjab.

The Chief Minister additionally gave go forward to the proposal mooted by Chief Secretary for getting the labour working in industrial models vaccinated on precedence.

Captain Amarinder additionally requested the Industries division to look at the proposal to get the requisite funds below TIES scheme of Authorities of India for promotion of export of auto half industries in Ludhiana, which might additional give impetus to the auto components manufacturing within the state.

Expressing gratitude to the industrialists for extending a serving to hand to the state authorities within the Covid disaster, the Chief Minister stated the big contribution by the businesses in these robust occasions have been instrumental in defending the life, well being and properly being of the individuals in Punjab amid this pandemic, by means of donations in varied methods reminiscent of meals packets, dry ration kits, private protecting equipments, face masks, oxygen concentrators, oxygen crops and lots of extra Covid care services.

Participating within the deliberations, the Industries & Commerce Minister Sunder Sham Arora lauded the efforts of the Chief Minister for guaranteeing file funding to the tune of Rs.84, 500 crore on the bottom in comparison with the truth that big quantity of MoUs have been merely signed through the earlier SAD-BJP authorities however not a lot got here on floor. He additionally talked about that the current authorities has to date prolonged incentives value greater than Rs.7000 crore to the state business.

Earlier, the Chief Secretary briefed Captain Amarinder Singh that in a time of nice uncertainty in wake of unprecedented Covid pandemic, the individuals of Punjab have been comforted, inspired, and humbled by the outpouring of generosity and support from fellow residents in Punjab – each people and firms who’ve proven extraordinary compassion and supplied a serving to hand to others in each method to support these combating Covid-19.

She additionally extremely appreciated the industries/organizations throughout all sectors, which have stepped up and labored collectively to ease individuals’s struggling throughout these making an attempt circumstances. The scarcity of medical oxygen in hospitals throughout the state has turn into one of essentially the most crucial components within the administration of Covid-19 pandemic. Since, Punjab doesn’t have any giant Oxygen Manufacturing Vegetation, the State Authorities is principally depending on the allocation and motion of Oxygen from outdoors the State. Since, the State doesn’t have sufficient cryogenic containers/tankers for this transportation, the collaboration of the Corporates with the Authorities grew to become paramount, added Vini.

Making a short presentation, Principal Secretary Industries & Commerce Alok Shekhar apprised the Chief Minister that The Division had efficiently carried out the Industrial and Enterprise improvement Coverage 2017 introduced by this authorities and time to time made modification as per the requirement of the Business and which had resulted in reaching such giant Investments throughout final 4 years of its implementation. The division was profitable in usher in new schemes in addition to in using the GoI schemes very successfully and which resulted in total Industrial development of the state together with enchancment in industrial infrastructure. The division additional intends to hold out the reforms as per the mandate of the federal government in order that ease of doing enterprise is achieved within the state.

Appearing on the request of the Punjab authorities, Alok Shekhar stated business had contributed each in money and sort as their CSR contributions diring second wave of Covid Pandemic. Punjab Business has contributed 1, 43, 917 medical equipments/articles in type which incorporates 4 cryogenic tankers, 12 PSA crops, 8205 pulse oxymeters, 1140 cylinders, 1000 thermal scanners and greater than 1 lac face masks/N95 masks until date. That is along with the contributions obtained in money of Rs. 2, 66, 54, 800 to the Punjab Catastrophe Administration Authority, he stated naming M/s HMEL- 1.5 cr., M/s Sportking- Rs. 50 lac, M/s AVON cycles- Rs. 20 lac and M/s Ralson India- Rs. 10 lac as main contributors.

M/s HMEL Bathinda, being a largest contributor by offering 4 oxygen tankers, establishing of COVID hospital at Bathinda, oxygen plant at Bathinda, oxygen concentrators and different COVID associated equipments with an total quantity of Rs. 13 cr. He thanked all the businesses for serving to to fulfill the challenges of this second by means of their greatest efforts and contributions, supporting the Authorities to proceed to offer the very best order of care.

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