Pb Cabinet okays proposal for global tenders to set up tech

Image
Press Trust of India Chandigarh
Last Updated : Sep 20 2017 | 6:32 PM IST
The Punjab Cabinet today gave a go-ahead for inviting global tenders to establish a world- class technology university at Mohali, an official said.
The cabinet approval was given at a meeting chaired by Chief Minister Amarinder Singh here today, the official spokesperson said after the meeting.
The move will help creatw nearly 2,400 direct jobs while boosting the state's GDP by Rs 6,500 crore, he claimed.
The proposed university will focus on skill development in IT and IT-enabled services, biotechnology, biosciences, material sciences and nanotechnology and will help push up the tax revenue by Rs 600 crore, he said.
Based on the proposals received, an area of 50 acres earmarked for IT/ITES, may be allocated for setting up the university.
The cabinet also gave its assent to opening district bureaus of employment and enterprise in all district as a step towards implementing government's 'Ghar Ghar Rozgar' scheme.
These bureaus will function as a platform to facilitate all kinds of employment opportunities for the youth, including overseas employment, skill training, self-employment, enterprise and entrepreneurship development, he said.
The cabinet also decided to set up a state-level apex committee and a district governing council of the bureau to implement the 'Ghar Ghar Rozgar' programme.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 20 2017 | 6:32 PM IST

Next Story