Investor’s summit: Govt promises to give a boost to industrial sector

Jalandhar | Tuesday | 10th December, 2019

Summary:

Tribune News ServiceJalandhar, December 9The two-day Progressive Punjab Investors Summit-2019 culminated with the state government promising to take steps to boost the industrial sector. “What about our VAT refunds, GST refunds, electricity, infrastructure, R&D centre,” they asked. The state government during the summit assured investors of industry-friendly policies as the event showcased the strength of Punjab MSMEs (micro, small and medium enterprises). He said why would new investors come here, won’t they ask others who are already running their units? Pending VAT refunds and all other such things have crippled the industries,” other association members said..