Punjab

Sukhbir badal says new policy for traders

September 15, 2013 06:08 PM

JALANDHAR: Punjab Deputy chief minister Sukhbir Singh Badal today announced the State was coming up with a new policy under which all sanctions required by traders could be secured online. 


Presiding over the state level Maharaja Agarsain Jayanti organized by Aggarwal Maha Sabha here, the Deputy chief minister said the new policy, which would come into effect in one month, would ensure that traders would not have to visit any government office for any purpose including payments and sales tax purposes. 


Reiterating his commitment to bring ‘industrial revolution’ inPunjab, Mr. Badal said the State had already launched a path breaking Industrial Policy which has got an unprecedented response from the industrial honchos in the country. He said  Punjabwould soon witness a massive revolution in industrial sector as scores of industrial giants were contemplating to setup their units here. He said that a delegation of TATA Group recently visitedPunjabwith a purpose to identify new investment avenues. Mr. Badal said that within months positive results in industrial sector would be before the state, which would shut the mouths of those Congress leaders, who were spreading misleading propaganda in this regard. 

 

On being asked about the facts being produced by PPCC President Mr. Partap Singh Bajwa on fiscal health ofPunjab, the Deputy CM said it appeared as if the PCC chief did not understand the ABC of economics. He said Mr Bajwa should be more concerned about the financial mess at the centre instead of trying to concoct misleading economic details ofPunjab. He said Punjabwas in good fiscal health as it had only 30 percent debt ratio to GSDP which was 46% at the time of previous Congress regime. He Mr. Bajwa should know the same ratio was 68 percent under the present Congress led UPA government. 


When asked about the economic imbalance in the country, Mr. Badal said it was serious issue and that the people would ensure the exit of 'world renowned economist’ Dr. Manmohan Singh to ensure the country did not face  complete ‘economic devastation’ in future.


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