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Think-tank on industry in works

india Updated: Sep 27, 2006 15:06 IST
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The  State Government is planning to constitute a high-level Industrial Advisory Council to expedite industrialisation. The Government is understood to have already dispatched letters to many leading industrialists of the country to seek their consent for the membership of the council.

The Government is trying to rope in industry giiants like Ratan Tata, Sunil Bharti Mittal, Abhay Firodia, S P Oswal, Ravi Jhunjhunwala and Angad Paul.

This proposed council, headed by Chief Minister Shivraj Singh Chouhan, will suggest measures for promoting industrial development. The Government is busy short-listing names of the members and a formal announcement is likely to be made soon.

The entire operation is being kept secret. According to sources, the council will also have representatives of industrial associations like FICCI and Confederation of Indian Industry (CII).

Apart from this, the proposed body, which will have over a dozen leading industrialists, will also point out lacunae in the existing system.

Talking to the Hindustan Times, a senior officer of Commerce and Industries Department said, “An Industrial Advisory Council under the chairmanship of Chief Minister will be constituted to act as a think tank for industrial initiatives and periodic policy review.” Apart from some officials, State Planning Board vice-chairman Sompal Shastri will also be inducted to the proposed body, he added. 

He said modalities of the proposed body, its way of functioning, and its role are in the final stage of preparations. Officials are optimistic that the proposed body comprising captains of the industry would certainly help the State speed up industrialisation.

“These people, who are already running their industries efficiently, are well aware of the present lacunae in the system along with ‘incentives’ that are essential for expediting industrialisation. Hence their advice would be important for the State Government,” he added.

Perhaps the State has taken a cue from Uttar Pradesh where the Mulayam Singh Government formed an industry council with likes of Anil Ambani on it to suggest ways to give a fillip to industrial development.

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