Exhorting industrial tycoons of Punjab to play a proactive role in development of the state,Chief Minister Parkash Singh Badal Friday said their invovlement would go a long way in heralding a new era of industrial development.
Addressing a gathering in Chandigarh,Badal said that time has come when industrialists and state must remove the communication gap and make joint efforts to build a new Punjab.
Eliciting support of industrialists in developing sectors like education and healthcare,Badal said that Punjab industrialists should take inspiration from their brethren in Gujarat and Kerala.
He said that the state was open to respond to the needs of the industrial sector for which a routine discussion must be held between them and the entrepreneurs. Badal added that Punjab would soon come up with an investor friendly New Industrial Policy.
The chief minister said that contrary to claim of the critics,the state government has strengthened the base of economy and achieved a growth rate of 6.73 percent against the target of 5.9 percent during the 11th plan adding that states debt to GSDP ratio has been brought down from 44 percent in 2007 to 32 percent in 2012-2013 – against the national ratio of 49.6 percent.
Badal further said that per capita income of the state increased by 13.7% in 2012-13 against the National average of 11.71%. Punjab today has the best basic infrastructure in the country and we have been constantly maintaining it, added Badal.