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New version of industry policy soon: CM

CHIEF MINISTER Shivraj Singh Chouhan announced in New Delhi on Monday that a new liberalised and investor-friendly version of the State Industrial Promotion Policy, 2004, and Action Plan, 2004 would be released soon.

india Updated: Nov 21, 2006 17:09 IST

CHIEF MINISTER Shivraj Singh Chouhan announced in New Delhi on Monday that a new liberalised and investor-friendly version of the State Industrial Promotion Policy, 2004, and Action Plan, 2004 would be released soon.

He said Madhya Pradesh was no longer a ‘Bimaru’ state and would soon be the leader among developed states. The CM was speaking on the occasion of the MP Day at Lal Chowk Theatre, Pragati Maidan, during the ongoing IITF-06 at New Delhi. Commerce and Industry Minister Babulal Gaur presided over the function. MP Laghu Udyog Nigam Ltd Chairman Vipin Dixit was present as special guest.

Addressing the gathering as the chief guest, Chouhan reiterated the State Government’s commitment to encourage investment and promote industry, particularly small- and medium-scale enterprises.

The CM said round-the-clock uninterrupted power supply was being ensured today to industries in the State. Also, speedy implementation of 10,000-megawatt power projects at different stages was going on. Further, 30,000-km of roads will soon be constructed, he added.

He said a peaceful labour scenario was the main reason that the State was attracting investment. It is noteworthy that in the last five years the industry had lost less than one per cent of man-days, he claimed.

Chouhan said Madhya Pradesh offered immense potential in trade and investment opportunities. Small- and medium-scale industries were flourishing. In fact, MP had the largest number (12.7 per cent) of small-scale industries in the country.

He said the State Government was making efforts to equip small- and medium-scale industries to face fresh challenges to make them globally competitive and empowered. The service sector too had been roped in along with the industrial sector, he added.

A special cultural evening organised started off with melodious Bhajan by Shashwati Mandal Paul. Special awards were declared for best presentation at the MP Pavilion. In the Government category MP Udyaniki bagged the first and MP Dairy Federation got the second prize.

In the private category VRS Foods was judged as the best-displayed stall and Atlas Cycle got the second prize. The first prize of the jury special award went to Laghu Vanopaj Sangh and second went to Shakti Pump.

Chouhan said Madhya Pradesh offered immense potential in trade and investment opportunities. Small- and medium-scale industries were flourishing. In fact, MP had the largest number (12.7 per cent) of small-scale industries in the country.

He said the State Government was making efforts to equip small- and medium-scale industries to face fresh challenges to make them globally competitive and empowered. The service sector too had been roped in along with the industrial sector, he added.

A special cultural evening organised started off with melodious Bhajan by Shashwati Mandal Paul. Special awards were declared for best presentation at the MP Pavilion. In the Government category MP Udyaniki bagged the first and MP Dairy Federation got the second prize.

In the private category VRS Foods was judged as the best-displayed stall and Atlas Cycle got the second prize. The first prize of the jury special award went to Laghu Vanopaj Sangh and second went to Shakti Pump.