Ludhiana: Shiromani Akali Dal (SAD) on Wednesday called the Punjab Investor Summit 2021 A Flop Show who said that investors did not produce any concrete investment proposal because of the anti-industrial policy of the Congress Government.
Former Minister of Mahesinder Singh Grewal said Chief Minister Charanjit Singh Channi used the opportunity for the investment summit to hold a session in Ludhiana when the government received anxious after a massive response provided by trade and industry to Sad President Sukhbir Singh Badal during his visit.
“Channi has tried to seduce the industry but he has failed because investors have gone with past records of the Congress Government who has refused to provide special incentives to attract investment in the state or provide incentives to industries that grow home to help them in plans Their expansion.
This is why there is no new industry that comes to Punjab for almost the last five years.
Some of the main units such as ITC, which was established during the last sad administration, indeed entered the expansion, “he said.
Grewal said even today, investors were surprised that the minister’s chairman failed to announce a special incentive for new investment proposals and expanding existing projects.
He said thus, the head of the Minister did not announce a project specifically for Ludhiana or out with any plan to improve the destroyed districts infrastructure.
“Industrialists also face large-scale power outages during the term of office of Congress because they must use alternative resources that lead to increasing their input costs further,” Grewal said.
He said that the Congress government also failed to provide any concession to the industry during Covid’s pandemic even though he promised to do so.