In order to facilitate industrialists, the Punjab government will create a land bank. This was disclosed by state minister for industry and commerce Anil Joshi.
He conceded that industrialist were facing problems in setting up industries in the state, as Punjab is a land-locked state, considered to have exuberant property prices.
Joshi said a decision would be taken by all the general managers, district industries centers (DICs) in the state so as to solve this issue. A new system would now identify the land lying vacant for the creation of a ‘Land Bank’, and inform the head office immediately so that this land could be offered to the industrialist for setting up an industry.
The minister said the government would set up industrial hubs in the different areas of the state.
Besides, all clearances to set up new industry would be given within 30 days through a single-window-system.
For the strengthening of the single-window clearances services to get the clearances by the industry from different departments, the ministers stressed that henceforth all technical support for the purpose would be given by the Punjab Infotech.
He said that in case the clearances were not granted by the departments concerned as per the time schedule given in the Punjab Industrial Facilitation Act, the deemed approvals would be given by the state department of industries and commerce for getting the necessary facilities/concessions by the pertinent industry.