The Punjab government has decided to acquire land for setting up industrial estates and has extended an assent to the industries department to draft a new policy. The department had written to the government that non-availability of land in the industrial estates is causing problems for allocation of land to new industrialists. Therefore, a new policy is the need of the hour, which would serve the purpose and create new job opportunities.
According to sources, Chief Minister Punjab has agreed to include the summary in the standing committee on the finance bill to facilitate investors.
Copyright Business Recorder, 2019
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