Terming existing industrial areas such as Bawana and Narela as "failed experiments", Jain said the AAP government has planned to bring up two fully developed industrial areas in Bakrola and Rani Khera.
Addressing an Industry Body MSME summit, Jain once again vowed to eliminate "inspector raj" in the capital and made a pro-business pitch saying "government should actually do nothing in running businesses".
"Governments needlessly try to take credit for various policies. Instead it should step aside and let the industries work. Government cannot run businesses," he said.
Jain further announced that the "22 non-conforming industrial areas", languishing due to poor infrastructure, would be "authorised" by the government by working with concerned agencies.
Expressing surprise at the "high power purchase agreements" of the power companies, which he said were leading to high tariff, the Minister, who also holds the power portfolio, said the Centre had agreed to the demand for a coal block.
He also referred to the government's recent move to penalise discoms for unscheduled power cuts in the city.
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