Envisioning the state as the 'industrial hub' of the country, chief minister Parkash Singh Badal said that with the efforts of SAD-BJP alliance government, the state would soon overcome the setbacks from successive Congress governments at the centre. He said this during an address to a gathering after inaugurating a unit of Sigma- Feudenberg-NOK (SFN) oil seals on Wednesday.
Badal said that setbacks like partition of the country and prolonged militancy in the state had derailed the industrial development of Punjab. However, the backbone of the state's economy was broken due to the incentives given by the Congress government at centre to the neighboring hilly states.
He said that this disastrous move by the Union government headed by Congress resulted in the mass exodus of the industry from the state. Talking with upcoming assembly elections in Delhi in mind, he said that the SAD-BJP alliance will be victorious and that the Aam Aadmi Party holds no standing.
He further added that in pursuit of its agenda to develop state as an industrial hub, the SAD-BJP government has taken several path breaking initiatives including VAT retention for upcoming industrial units for 10 years. He said that as a big relief to traders and small entrepreneurs, the state government has recently exempted them from filing sales tax returns.
Congratulating the owners of SFN for setting up their second unit in the state, Badal said that this joint venture of industrial giants of India, Japan and Germany would give much needed fillip to the industrial progress of the state.
In a reply to a query regarding the Satluj Yamuna Link (SYL) canal, the chief minister said that Punjab did not have even a single drop of excess water for any other state.
He also said that international flights would definitely continue from Guru Ramdass International Airport at Amritsar. He said that these flights had immensely benefitted the NRIs by providing them a direct connectivity to the state and that there was no reason to discontinue these flights from Amritsar.