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Cabinet Minister Sanjeev Arora unveils plan for industrial policy with comments from committees of different sectors

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Cabinet Minister Sanjeev Arora unveils plan for industrial policy with comments from committees of different sectors

Chandigarh, July 17:

The Government of Punjab intends to bring in a new industrial policy that will be the best in India and will pave the way for providing a progressive climate for industrial growth and employment generation in Punjab. The policy will be designed after extensive consultation with various industries, said Sanjeev Arora.

As a first step, the Government of Punjab is ready to notify  the sector-specific committees to allow for a structured and collaborative engagement between industry and the Government. These committees shall function for a period of 2 years from the date of notification, extendable upon the discretion of the Government.

List of Sectors:

  1. Textile-Spinning & Weaving, Apparel Manufacturing, Dyeing & Finishing
  2. IT Sector
  3. Sports/Leather Goods
  4. Machine Tools
  5. Bicycle Industry
  6. Auto & Auto Components
  7. Heavy Machinery
  8. Electric Vehcles
  9. Renewable Energy
  10. Food Processing & Dairy
  11. Steel & Rolling Mills
  12. Furniture & Ply Industry
  13. Plasting & Chemical Products
  14. Logistic & Warehousing
  15. Tourism & Hospitality
  16. Film Media
  17. Pharmaceuticals/Bio-Technology
  18. Hospitals & Health Care
  19. Universities/Coaching institutions
  20. Start Ups
  21. Retail
  22. ESDM-Electronic Systems Design & Manufacturing

He further informed that the first task for each of the committees will be to provide the Government with a structured set of inputs on Punjab’s current industrial climate in their specific sectors, and recommendations for the new industrial policy keeping in mind Punjab’s unique structural and fiscal context. The committees are expected to submit these recommendations in writing with in 45 days of notification of said committes.

Each committee shall have a Chairperson and approximately 8-10 members from the industry, however more members may be added at the discretion of the Government. Members will be diverse in size, scale and geography to ensure all views are tabled during discussions. Members will also represent different sub-segments of the overall sector, he added.

Furthermore, he highlighted that each committee shall conduct its own meetings/discussions; however Secretariat support shall be provided through an Additional District Commissioner who will act as Secretary to the Committee, a GM DIC from Department of I&C and the relevant sector officer from PBIP who may assist the Committee with relevant data and information, as necessary. The Government reserves the right to modify the membership and the Terms of Reference of the committees as deemed fit from time to time.

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