Punjab secured Rs 30,000 crore investment in nine months, says CM Bhagwant Mann
Chandigarh, December 23: Punjab Chief Minister Bhagwant Mann said on Friday that the state's pro-industry environment and ease of doing business policies have resulted in an investment of Rs 30,000 crore in the last nine months.
"Big industry houses like Tata Steel, Verbio, Freudenberg, Sanathan Textiles have entered into agreements to invest by reposing faith in our industrial policies, which will provide jobs to our youth," the Chief Minister said. CM Bhagwant Mann also handed over appointment letters to the newly recruited candidates at Markfed and launched new products at the Municipal Bhawan on Friday.
Referring to recent meetings with industrialists in Hyderabad, Chief Minister Mann stated that entrepreneurs involved in food processing and agriculture have expressed strong interest in investing in Punjab, which will help the state's industrial sector.
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He stated that industrialists do not have to go through the corrupt and complicated process of investing in the state. According to Bhagwant Mann, industrialists are flocking to Punjab because the state government has eradicated corruption while also providing an uninterrupted power supply to industry and a conducive environment.
The Punjab CM further said that to set up industries during the previous regimes, industrialists had to negotiate with the families of political clout and face massive torment. He added that earlier the agreements were made with families, however, now industrialists are signing MoU with the State.
The Chief Minister lashed out at the opposition for allegedly making a hue and cry over the alleged deteriorating atmosphere in Punjab and that the leaders of the opposition parties were deliberately defaming him in Parliament or in public functions as his government has exposed the designs of the previous governments to loot the state.
CM Mann stated that he was opposed because he was not like his predecessors who had plundered the state's wealth.
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- ANI
