PUNJAB CM URGES CENTRE TO FORMULATE POLICY TO DEVELOP BORDER BELTS AS INDUSTRIAL HUBS TO COUNTER CHINA’S ECONOMIC THREAT

PUNJAB CM URGES CENTRE TO FORMULATE POLICY TO DEVELOP BORDER BELTS AS INDUSTRIAL HUBS TO COUNTER CHINA’S ECONOMIC THREAT

 The Voice of Chandigarh News : Photo By T S Bedi

Punjab Chief Minister Captain Amarinder Singh  urged the Union Government to devise a comprehensive policy for developing the border belts into industrial hubs to counter the Chinese economic threat, while reiterating his demand for special package for the border states of Punjab and Rajasthan.

Addressing an interactive session with captains of Indian industry, organised by CII and Punjab Bureau of Investment Promotion, the Chief Minister said he had taken up the issue of establishing industrial corridors in border areas, especially from Pathankot down to the Pakistan border, with the Prime Minister last month, and was hopeful of a positive response.

The Chief Minister assured the industry that their investments would be safe in Punjab and his government would extend all possible support to them. Pointing out that more than Rs. 10,000 Crores of investment had already flown into the state in the last one year, Captain Amarinder Singh said his government was targeting to triple the amount annually.

His government was there to facilitate industry, whose interests would be kept in mind while formulating policies, said Captain Amarinder Singh, adding that the work culture in Punjab was highly conducive to promoting industry, which was needed to generate employment and revenue in the state. In his 55 years in politics, he had never seen any disruption in industry in Punjab, which had the most friendly labour, he added.

The Chief Minister sought the industry’s inputs to further strengthen the new Industrial and Business Development Policy, which was designed to promote ease of doing business. He reiterated his commitment to make Punjab the most favoured investment destination in the country.

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