The new industrial policy of Punjab, which was announced in June to give fillip to industrialisation in the state, will be notified by the end of this month.
This was announced by industries and commerce minister Madan Mohan Mittal while talking to reporters here on Monday.
"We will give a Diwali gift to the people of the state by issuing the notification," Mittal said.
He said the government would provide various tax incentives and exemption in electricity duty, stamp duty and property tax to the new industries.
Mittal said the government was trying to attract industry to the state and it was approaching various industrial houses in the country.
Mittal said that after visiting Bengaluru, deputy chief minister Sukhbir Singh Badal and he (Mittal) would visit Mumbai on October 21 to meet top industrialists for persuading them to invest in Punjab. He said industrialists in Bengaluru had shown interest in investing in the state.
Replying to a question, Mittal expressed the resolve to stop illegal minning in the state. "The government is committed to stopping illegal minning," he said. Mittal said efforts were being made to start the legal mining process at the earliest, which had been stopped following court cases, adding that he had asked the officials of the department to bring transparency in the mining sites' auction process to avoid unnecessary litigation. He alleged that the Centre was not giving environmental clearance for various mining sites in Punjab at the behest of Congress leaders of the state.
Mittal, who earlier held the charge of the health and family welfare department, asserted that the PGI satellite centre had been set up at Sangrur only because of the efforts of chief minister Parkash Singh Badal and that Sangrur MP Vijay Inder Singla was claiming undue credit for it.