Soon 'Punjab Startup Hub' to be established in Mohali for smooth felicitation of trade

Chandigarh, December 28: With an aim to promote the startup eco-system in the state, Punjab Chief Minister Captain Amarinder Singh on Wednesday approved the Punjab Startup Hub, under which a state-of-the-art incubation center is proposed to be set up in Mohali.

 

The directive was issued by the Chief Minister Captain Amarinder Singh while chairing the maiden meeting of Punjab Industrial and Business Development Board, which has been set up to ensure smooth and effective implementation of the new industrial policy.

Reaffirming his strong commitment to boost industry in the state, Captain Amarinder directed officials to further streamline requisite permission processes so as to ensure congenial industrial atmosphere, besides providing a level playing field to all the interested industrialists and entrepreneurs to set up their ventures in the state.

CM Amarinder Singh also reiterated his government's firm resolve to providing the basic infrastructure to the industrialists for leveraging Punjab as the most favoured investment destination in the country. Underlining the need to capitalize on the opportunities in the leather sector, Captain Amarinder directed the Industries Department to explore possibilities of setting up a Special Purpose Vehicle at Jalandhar under the Mega Leather Cluster Scheme of Government of India.

The Chief Minister also gave the nod to the constitution of a high-level committee to draft a proposal for resettlement and rehabilitation of those who would be affected in the process of eviction from Panchayati land for setting up of industrial hubs across the state. The committee will comprise Financial Commissioner Revenue, Principal Secretary Rural Development and Panchayats and Principal Secretary Finance.

Prominent amongst others who attended the meeting included Health Minister Brahm Mohindra, Local Government Minister Navjot Singh Sidhu, Irrigation and Power Minister Rana Gurjit Singh, Finance Minister Manpreet Singh, Technical Education Minister Charanjit Singh Channi, PWD Minister Razia Sultana.