MoUs obsolete, we are signing MoDS with industrialists to give fillip to industry: says CM

Asserts MoDS is sacred agreement made directly from heart and is totally based on mutual trust and zeal to make Punjab a front runner state in industrial sector

Chairs valedictory function of fifth edition of invest Punjab Summit

Thanks Industry for participating on their own instead of arm twisting by government

Announces to organise sectoral summits in every quarter of fiscal year for giving further boost to the industry

SAS Nagar (Mohali): Terming that Memorandum of Understanding (MoU) is obsolete in state now, the Punjab Chief Minister Bhagwant Mann on Friday said that the state government is currently signing MoDS (Memorandum of Dil Se) with the industrialists to give fillip to industrial development in state.

Addressing the gathering during the valedictory function on the second day of Progressive Punjab Summit, the Chief Minister said that MoDS is a sacred agreement directly from heart and is totally based on mutual trust and zeal to make Punjab a front runner state in industrial sector. He said that earlier practice of forceful MoUs by arm twisting of industrialists has now withered away. Bhagwant Mann said that today the focus is to ensure massive industrialisation in the state.

The Chief Minister said that those who have participated in this summit have came on their own just to be partner in socio-economic growth of the state. He said that as per their target audience the companies are exploring the possibilities of their expansion in the state. Bhagwant Mann said that this will propel progress and prosperity in the state thereby creating new job opportunities for the youth.

The Chief Minister also announced that every year the state government will organise sectoral summits in every quarter of fiscal year for giving further boost to the industry. He said that this is the need of hour to put the state on path of high growth trajectory. Bhagwant Mann said that this will also help in giving much needed push to the sectoral development of industry in the state.

The Chief Minister reiterated the commitment of his government to make Punjab a vibrant, progressive and prosperous state. He said that with the active support and cooperation of the industry this task will be accomplished soon. Bhagwant Mann said that from day one his motive is to create more and more jobs for the youth to wean them away from drug menace by channelising their energy in a positive direction.

The Chief Minister expressed hope that the industrialists had a great experience during their stay in the state. He asked them to be messengers of the state for conveying the salient features of state like ease of doing business and most conducive business environment to their colleagues in other states. Bhagwant Mann said that the motive is to ensure maximum investment in the state to make it the industrial hub of the country.

The Chief Minister also congratulated the Invest Punjab for successfully organising the event. He also congratulated the Deputy Commissioners who had worked hard at the ground to make this event a huge success. Bhagwant Mann also expressed gratitude to the captains of industry for coming in a huge number to invest in the state.

Showcasing the achievements of the state, the Chief Minister said that it has the most conducive environment for the industrial growth. He said that it is the hub of manufacturing sector and leads the country in sectors like pharma, IT and others. Bhagwant Mann said that along with ensuring ease of doing the focus of state government is also on give of speed of doing business for which adequate steps are being taken.

The Chief Minister reiterated the commitment of his government to emerge the state as a hub of ‘Healthcare’ across the globe. He said that in a major push to Medical education in Punjab, the state government has decided to construct 16 new Medical colleges in the coming five years that will enhance the total tally of medical colleges in the state to 25 thereby ensuring that every district of the state touches a medical college. Bhagwant Mann said that on the one hand it will provide quality medical education to the students and on other hand it will help in imparting world class healthcare facilities to people.

The Chief Minister envisioned that the 117 schools of eminence being set by state government will enable the students of Punjab to excel in field of academics. He said that these schools will act as catalyst to transform the lives of students by giving a new direction to their lives. Bhagwant Mann said that the schools of eminence are equipped with the best class facilities and state of the art infrastructure to enable the students to compete across the globe.

Earlier, Addressing the gathering Investment Promotion Minister Anmol Gagan Mann lauded the Chief Minister for making strenuous efforts to encourage industry in the state. She also thanked all the officers especially Principal Secretary Dilip Kumar and CEO Invest Punjab KK Yadav for smoothly organising the event. Anmol Gagan Mann envisioned that Punjab will witness unprecedented development in every sphere.

In his address Rajya Sabha MP Vikramjit Sahni lauded the Chief Minister for taking path breaking initiatives for promoting industry. He said that the Chief Minister has taken several out of box ideas to encourage the industry. Vikramjit Sahni said that Chief Minister has a vision and dedication to make state a progressive Punjab.

Earlier Principal Secretary Investment Promotion Dilip Kumar welcomed the dignitaries on the occasion.

The Chief Minister also lauded top performing industrial units in GST. Bhagwant Mann also awarded Deputy Commissioners of Sangrur Jitendra Jorwal), Kapurthala (Vishesh Sarangal) and Bathinda (Shaukat Ahmed Parey)
for top performance in industrial promotion. He also awarded Deputy Commissioners of Gurdaspur (Himanshu Aggarwal)Tarn Taran (Dr Rishi Paul) and Barnala (Poonam Deep kaur) for the top performance.

On the occasion, CEO invest Punjab KK Yadav proposed the vote of thanks.