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Industrial Policy Of Punjab |
- To create a conducive investment climate through infrastructure creation, reduced regulations and general facilitation.
- To rejuvenate and make competitive existing industry, particularly in the small scale sector through improved technology, product quality and marketing.
- To create a special thrust in the areas where Punjab has an edge in terms of cost and competitiveness.
Main planks
The main planks of Industrial Policy are:
- Hassle Free dealing with Government
- Power Sector Reforms
- One Time Settlement Scheme
- Industry and business friendly tax administration
- Enhancement of competitiveness of the existing Industry
- Revival of Sick Small Scale Industrial Units.
- Redefining role of PSIDC, PFC and PSIEC
- Industrial Infrastructure Development
- Measures for attracting new investment
Hassle free dealing
Certification regarding Statutory Compliances
Inspections by the officials of the Government under various Acts / Regulations have been a source of irritation, delay and inconvenience to Industry. In order to facilitate self certification and create a more industry-friendly environment, following measures under relevant Acts / Regulations will be taken:-
Indian Boilers Act, 1923
- The State Government will confer powers of Inspector under Section 5(1) of the Indian Boilers Act, 1923, to selected Engineers, possessing requisite qualification, henceforth called Chartered Engineers, who shall exercise such powers and discharge such functions of Inspector conferred or imposed on them by or under this Act in accordance with the detailed scheme to be notified by the State Government separately.
- Procedure for their selection, qualification, terms of authorisation, jurisdictions and service charges will be notified by the State Government separately.
- They will perform the duties of Inspector as enshrined under Section 7 and Section 8 of the Indian Boilers Act, 1923 with regard to registration, annual inspection and renewal of certificates.
- However, a Committee under the Chairmanship of Director Industries & Commerce, Punjab and comprising of General Manager, District Industries Centre, Director Boilers and two Representatives of local Industry Association can order random checking (through computerised randomisation process) upto 5% of units in each district by an Officer, not posted in that district and chosen randomly. In case of defaults, the Chartered Engineer will be liable to face action as mentioned in Section 5 of the Act and the unit will be liable to be penalised as per Clause 22, 23, 24, 25, 26 and 27 of the Act. (Notification on detailed scheme)
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