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Day after Punjab summit,Congress says ‘well done’ but ensure MoUs become a reality

Many existing industries have also announced expansion plans to please their political bosses,said Khaira.

Written by Express News Service | Chandigarh | Published: December 12, 2013 5:15 am

Extending a “cautious” congratulations to deputy chief minister Sukhbir Singh Badal for the success of the two-day investors’ summit,the Punjab Congress today called upon the government to ensure that all the signed MoUs turn into reality.

The leader of opposition Sunil Jakhar said the organisation of the event was “laudable”. In a statement released on Wednesday he said,“They have done well. At least the government has woken up to the reality that this is the only way out of the problem of massive unemployment.”

“One only hopes that all the MoUs signed do not remain on paper otherwise Sukhbir will be called a ‘merchant of dreams’. It will be now incumbent on him to deliver what he has promised for which I wish him luck,” said Jakhar.

He suggested that the state government hold another similar summit where investors are not called in from India or abroad but includes those industrialists who are already established in the state. “They too need to be heard and acknowledged,” said Jakhar.

In a separate statement issued by party spokesperson Sukhpal Singh Khaira,the Congress urged the Badal duo to now hold an “Industry Introspection Summit” for the thousands of those industrial units,who have either shut down or have migrated out of Punjab.

“Congress welcomes the efforts being made by the government to woo industrial investment in the state,although the CM himself has expressed apprehensions about the so-called Rs. 65,000 crore MoUs actually converting into investment. His remarks on the opening day “Please change the term MoU to MoU of Consent or MoU of Promise”,speaks volumes of these MoUs actually converting into reality,” said Khaira.

He said the Badal duo had been “successful” in self-glorification during the summit and had also managed to create a pomp and show,projecting Rs. 65,000 crore investment,“by inflating and fudging figures. No doubt there may be some serious investors but there are also many businessmen who wanted to keep the government in good humour for future relations. Many existing industries have also announced expansion plans to please their political bosses,” said Khaira.

The “real need” of the hour,he added,is to re-rail the completely wrecked,dilapidated and critically-placed existing industry of Punjab. “The situation of our local steel industry at Gobindgarh,knitwear at Ludhiana,foundries at Goraya and Batala is extremely critical. More than Rs. 200 crore of VAT refund of Jalandhar Sports industry alone is pending for a long time,” he said.

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