Nath assures sops like AP & Telangana to industrialists

  • | Thursday | 21st February, 2019

It will not be a ‘one size fits all’ policy for industries, but a sector-wise policy to encourage industries that will provide maximum jobs. Get their jobs done hand-to-hand and report directly to the chief minister. Encourage investment in food processing, tourism, religious tourism, IT and Textiles----------------------- Investment that generate maximum employment to get maximum facilities8. An experienced officer of the Industries department will be appointed to take care of ten-twelve units", said Nath.Comparing the investment sops, the chief minister said that a group of industrialists that met him during the conference demanded concessions to the industry on the lines of Andhra Pradesh and Telangana.

Bhopal: Defending his incentive policy for potential investors and industrialists based on the motto of, “Give Jobs, Take Sops”, Madhya Pradesh chief minister Kamal Nath announced on Tuesday that every sector will have its own industrial policy as per the requirement and use.Nath, who held a round table conference with industrialists in Bhopal on Tuesday said there were demands by investors for concession on the lines of Andhra Pradesh and Telengana, the feasibility of which would be examined by the government.“We have opened a dialogue with the potential investors and would ensure a conducive atmosphere for investment based on our ‘incentive-oriented’ policy. It will not be a ‘one size fits all’ policy for industries, but a sector-wise policy to encourage industries that will provide maximum jobs. Those who provide more jobs will get more facilities,” announced Nath after a two-and-a-half-hour meeting with 61 top industrialists at the first round table conference at Minto Hall.Based on demand by the industry representatives from Indore, Nath said, “Government has decided to set-up a separate cluster for confectionery and garment sectors in the district. Similar help would be provided to pharma companies demanding to set up an effluent treatment plant for their cluster in their area.” Nath added, food processing, tourism, textile and IT along with religious tourism will also be promoted in state.The chief minister had on December 17, when he took over as chief minister of the state, assured that government would induce an effective incentive policy for the investors to encourage employment generation and also make mandatory to provide 70% jobs to the local youth of MP.“On the basis of discussions, we decided to appoint 'hand holders' who will be friendly with the investors. Get their jobs done hand-to-hand and report directly to the chief minister. An experienced officer of the Industries department will be appointed to take care of ten-twelve units", said Nath.Comparing the investment sops, the chief minister said that a group of industrialists that met him during the conference demanded concessions to the industry on the lines of Andhra Pradesh and Telangana. “We will discuss the matter and based of the feedback and demand we will shape our policy,” he said.The chief minister though, avoided a look back at the old investor meeting and policy decisions but, when asked about the previous BJP government's single-window system for industrial permissions, said, "It did not meet the expectations of the business community.”“The single window system never existed. There were maximum complaints from the investors against this system. It was a fake,” revealed the chief minister indirectly attacking the old industrial policy of previous BJP ruled government in the state.Chief secretary S R Mohanty said the chief minister has made a new environment of communication with the industries which would strengthen the state's investment policy to establish live contact.The conference was attended by more than 45 industrial groups including ITC, Trident Limited, Netlink Software, HEG Ltd, Surya Lights, Proctor and Gamble, Bharat-Oman Refinery, Welspun, Symbiosis Group, Crompton Grieves, Coca Cola, Wardhman Group, Lupic Industries and Sun Pharmaceuticals. Chief secretary S R Mohanty dubbed------------------GFX :TALKING POINTS1. Govt to appoint 'hand holders', one for 10 to 12 units2. Problems and needs of industries to be resolved on priority3. Work will be done to win investors' confidence4. Policy will ensure investments come automatically5. Changes in working style and thinking to deal with industry6. Agriculture devp and employment-oriented units to be encouraged7. Investment that generate maximum employment to get maximum facilities8. Encourage investment in food processing, tourism, religious tourism, IT and Textiles-----------------------

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