Jalandhar Administration clears Rs 2.50 crore incentives under industrial policy
Dilbag Singh
Jalandhar Administration clears Rs 2.50 crore incentives under industrial policy
JALANDHAR 23 OCTOBER
Giving a major Impetus to the industrial sector, the Jalandhar district administration has cleared 13 cases involving incentives worth Rs 2.50 crore under the Industrial and Business Development Policy, providing financial relief to industrial units and promoting investment in the district. The approvals were granted at a meeting of the district-level committee chaired by Deputy Commissioner Varjeet Walia. The incentives cover various benefits, including GST reimbursement, exemption from External Development Charges (EDC), reimbursement of CGTMSE fees and stamp duty, and freight assistance. Sharing details of the initiative, the Deputy Commissioner said the Punjab Government, led by Chief Minister Bhagwant Singh Mann, was committed to accelerating industrial growth and creating a business-friendly environment for enterprises across the state. During the meeting, the DC also reviewed key issues concerning the industrial sector and directed officials to conduct field visits to various industrial areas to assess the problems faced by businesses. He asked them to coordinate with industry representatives to ensure timely resolution of these issues, adding that such proactive measures would help strengthen infrastructure and improve the ease of doing business in the district. Highlighting Jalandhar’s industrial potential, Mr. Walia said several industrial units had already made substantial investments in the district by establishing manufacturing facilities. He assured prospective investors that the administration would extend all possible support to facilitate investment and ensure timely clearances for new projects through a streamlined mechanism. Appealing to the business community to explore investment opportunities in the district, the Deputy Commissioner said Jalandhar offered an industry-friendly ecosystem conducive to business expansion and growth. He added that fresh investments would not only strengthen the local economy but also create employment opportunities and contribute to the overall development of the region.
