Birthday of Sri Guru Ramdas Ji

Cabinet clears fresh
T
incentives
he Punjab Cabinet has approved to amend the
‘policy for financial concessions (revised), 2013,
allowing a slew of incentives to industrialists and
entrepreneurs.
Under the revised policy, incentives for waving off
stamp duty and electricity duty on the individual purchase
of land or lease of units to be established in the food parks,
textile parks and industrial parks which have been approved
by the Centre have been incorporated. Some non-financial
incentives have been struck off and the concerned administrative
departments have been mandated to issue separate
guidelines regarding these. For the convenience of industrialists,
definitions and abbreviations have also been incorporated
besides inclusion of separate chapter explaining
the procedure to claim financial incentives under this policy.
Plan to outsource
civic services
H
ardselling Brand Punjab, Deputy
Chief Minister Sukhbir Singh
Badal offered outsourcing of municipal services
to the private sector in 146 urban and local bodies.
Addressing a host of investors and members
of trade and industry at the 'Invest North' conclave
in Delhi, he said investors would be given the opportunity
of building, operating and maintaining
these services for a fixed tenure of five to ten
years under the "Design, Build, Operate" policy.
"We want all these towns to have all basic facilities
like quality water, roads, sewerage and
lighting within a span of one year", Dy CM said.
about the Deputy Chief Minister has been lately
campaigning aggressively to invite investments to
the state.
Recently, in order to attract investment in agroprocessing,
information technology and ayurveda,
besides other sectors, the Deputy Chief Minister had
a meeting in Thiruvanthapuram with owners and
among some major groups of investors. For instance,
Blue Star Executive Director B Thyagarajan
suggested the CII could partner with Punjab through
the Centre for Agriculture Excellence to provide
marketing knowledge to farmers. "We are keen to
build forward and backward linkages to ensure
Chief Minister Parkash Singh Badal, Dy CM Sukhbir Badal and other ministers interact with a Korean delegation
CEOs of top companies of Kerala and Tamil Nadu.
He also addressed a meeting of the CII Southern
Regional Council and found overwhelming response
farmers can market their produce profitably", he
said. Thyagarajan said his company was also keen to
invest in the green park coming up at Ludhiana.
12 Punjab Advance October 2015