[Chd,Pb]Congress Capt Claims Rs 10k Cr Industrial Investment In Punjab
On Tuesday, Chief minister of Punjab Capt Amarinder Singh launched the Invest Punjab Business First Portal’, aimed at further boosting industrial development in the state. On this occasion He Informed that as many as 60 new units had been started in Mandi Gobindgarh, in addition to revival of old units, during his this tennure
He said that portal would provide an independent interface to investors for their industrial grievance redressal, feedback and suggestions, Amarinder said the facility would also help bring fiscal incentives to investors under the Industrial and Development Policy-2017.
Under the portal, approvals for applications having more than Rs 1 crore Fixed Capital Investment (FCI) would be given by Punjab Bureau of Investment Promotion (Invest Punjab) and for those up to Rs one crore FCI, they would be given at the district level.
Additional Chief Secretary Industries and Commerce and Information Technology Vini Mahajan said with the launch of the portal, the existing and new industry would be able to obtain the approval required for setting up of units, as well as the fiscal incentives under various schemes.