The Chief Minister was presiding over the meeting of the Empowered Committee on mega projects which was attended by Deputy Chief Minister Sukhbir Singh Badal, Forest Minister Chunni Lal Bhagat, Food and Civil Supplies and IT Minister Adesh Partap Singh Kairon, the spokesperson of the Chief Minister's Office said here.
Finance Minister Parminder Singh Dhindsa and Industries and Technical Education Minister Madan Mohan Mittal were also also present.
Referring to the initiative taken by the government to cut red tape, the Chief Minister envisioned Punjab as the most preferred investment destination in the country that had established Bureau of Investment Promotion headed by him to give clearances in fast mode to the entrepreneurs.
This resulted eminent industrialists and entrepreneurs from the country and across the globe evinced keen interest to set up their ventures in varied fields.
More From This Section
Badal asked the Housing Department to grant various approvals pertaining to housing projects in a time bound manner to avoid any unnecessarily delays on the part of the state government for these projects, the spokesperson said.
It was also approved that the ongoing Quark City Phase I project would be carried out as per previous agreement between the state government and Quark City India.
Phase II project of the Quark City would be given cleared as per the new investment promotion policy of the Punjab government introduced to provide all requisite clearances for setting up of any industrial, housing, agro and IT sector units through a single officer, the spokesperson said.