Saturday 29 February 2020

CII New Punjab Office Bearers Welcome the Budget Proposal for Industry

By 121 News

Chandigarh 29th Feb:- Rahul Ahuja and  Bhavdeep Sardana newly elected  Chairman  and  Vice Chairman of CII Punjab for the year 2020-21 have welcomed the budget presented by the Finance Minister, Manpreet Badal.

Rahul Ahuja said that the proposed industrial parks in Mattewal, Bathinda and Rajpura on the Amritsar-Kolkatta Industrial Corridor and a pharmaceutical park in Wazirabad in Fatehgarh Sahib would help in building the industrial profile of the State and also generate the employment opportunities for the people of the State. He welcome the budgetary allocation for up-gradation of all industrial focal points which badly need the makeover but he added that the allocation could have been more for the up-gradadtion of infrastructure in the existing focal points. Allocation of Rs. 50 crore to acquire the land for Patti Makhu Rail Link would not only  promote the tourism of the holy city as the distance between Amritsar and Mumbai will be reduced by 240km it but also boost the exports from the region.

Bhavdeep Sardana said that the plans to bring about diversification in agriculture by giving a boost to maize cultivation are welcome. He also lauded the finance minister for taking care of environment by earmarking Rs 2,510 crore for supplying canal water for irrigation and proposing a scheme, "Save Water Earn Money", which is aimed at rationalizing the use of tube wells.

He also congratulates the Finance Minister for coming out with a Development Oriented Balanced Budget and giving priority to the education sector which is the need of the hour. The decisions to set up Mega Industrial clusters for Textiles, Pharmaceuticals & Green Industries and provisioning of Rs 131 crores to Modernise Industry will definitely boost Industrial activity in the state. 

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