Ease of doing business: Pb govt signs tripartite MoU

To open new vistas of investment in the state, Punjab Government will prepare a master plan for doing business under 'vision-2020' to facilitate research and capacity building regarding business opportunities.
This was disclosed by Deputy Chief Minister Sukhbir Singh Badal after signing a tripartite agreement between Punjab Government, National University Singapore (NUS) and CII here.
He said the objective of this agreement is to collaborate and conduct joint research on all the issues and aspects related to ease of doing business in Punjab.
The agreement was signed by CEO Invest Punjab Anirudh Tewari, research fellow Lee Kuan Yew school of public policy NUS Singapore Dr Sasidaran Gopalan and Chairman CII Punjab State Council S S Bhogal in the presence of the Deputy Chief Minister.

Sukhbir said this MoU would help create a level of understanding and determining parameters so as to carry out the business activities in Punjab in keeping with the success of 2nd Progressive Punjab Investor Summit-2015.
Speaking on this occasion, Anirudh Tewari informed the deputy CM that the Lee Kuan Yew (LKY) School of Public Policy would conduct study on ease of doing business and cover various aspects in the state with prime focus on investment attractiveness, manpower and competitiveness.

Gopalan informed the deputy CM that the draft plan of vision document-2020 would be prepared soon after meeting all the stakeholders.

He added that the study would bring into focus state specific problems and help in drafting new policies by the state with special focus on creating conducive environment for existing industries.
He said that the study would also identify the potential areas which could be explored with regard to new investments and ease of doing business.
He added that similar MoUs have also been inked with other states.