‘No bravado in making industries issue statements on investment’

Reacting to the state government’s accusation that Congress was trying to indulge in false propaganda on flight of Punjab industry,Congress president Partap Singh Bajwa on Monday said the party has sought no clarifications from the ruling alliance

Written by Express News Service | Chandigarh | Updated: April 8, 2014 5:34 pm

Reacting to the state government’s accusation that Congress was trying to indulge in false propaganda on flight of Punjab industry,Congress president Partap Singh Bajwa on Monday said the party has sought no clarifications from the ruling alliance.

“You need not give us one. Industrial houses in Punjab are at the mercy of ‘Balbanised Akali Dal’ and they cannot afford to speak their real feelings publicly. The accusations of the Punjab Congress that business houses were being coerced and fleeced are based on authenticated and reliable information,as no one will report it through a written affidavit because of the fear of being victimised,” Bajwa said in a statement.

On the government releasing statements of companies saying they are investing more in Punjab,he said: “It is no bravado to get an industrial house sign the dotted line just to counter political accusation. The fact remains that no industry is ready to come to Punjab out of fear of the SAD government and the existing ones are afraid to invest. Let the government come out in black and white on the new industrial houses that have come to Punjab and the existing one who have expanded.”

Hitting at the new industrial policy of government,Bajwa added: “It is a fact that Punjab has missed out in industrialisation since the advent of SAD-BJP rule six years ago. No worthwhile industrial house has dared to venture into Punjab. Most established industrial houses have left the state… This has happened due to emergence of multiple factors,primary being lack of infrastructure support and fear of political victimisation.” Claiming that more than 75 per cent of MoUs signed by the government in the last six years have been a paper exercise,Bajwa said Punjab has received only 20 per cent of proposed investment worth Rs 63,852.40 crore,with mega housing and industrial projects cornering the major share since 2007-08.

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