Punjab Newsline, Amritsar/Chandigarh, July 23-
Putting up its case in a most emphatic and convincing manner, Punjab has sought a special package of incentives for rapid industrial development in it's Border Districts, equivalent to those offered in Jammu & Kashmir in order to control flight capital from Punjab.
In a presentation here today before the 16th FC led by Chairman Arvind Panagariya, the ACS Tejveer Singh outlined the industry friendly eco system of Punjab needing the requisite support in order to ensure development at accelerated pace across the industrial spectrum.
Among other features of the presentation, a One-time compensation was sought for mitigating the economic losses incurred due to the trade embargo at Attari-Wagah Border, along with annual compensation until its reopening.
With a view to salvage the industrial sector, Freight subsidy was sought to offset high logistics costs for industries, particularly in Border Districts. Similarly, a PLI scheme to promote diversification, competitiveness, and employment opportunities in the agricultural sector,
On the occasion, the Cabinet Minister's Harpal Cheema, Kuldeep Dhaliwal, Harbhajan ETO and Laljit Bhullar honoured Arvind Panagariya.