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Sukhbir asks Centre to emulate 'Invest Punjab' model

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Press Trust of India Mohali
Last Updated : Oct 29 2015 | 8:48 PM IST
Encouraged over industry's response towards investors summit, Punjab Deputy Chief Minister Sukhbir Singh Badal today asked the government of India to follow its model of 'Invest Punjab' department which is a "single point of contact" for new investors.
"Our model is one of its kinds in the country like we have created wherein 23 departments' power have been transferred to one man. It is an example the government of India should follow," Sukhbir said while addressing the gathering at concluding day of investors summit which saw garnering investments proposals of Rs 1.15 lakh crore.
"When investors come to India why they should go to 100 departments of government of India? There should be one Invest India in Prime Minister's office under Prime Minister. Anybody who walks in there should a one number, one man, one email and one month clearance for those who wants to invest in India that will be the game changer," Sukhbir noted.
Punjab government has put in place a Punjab Bureau of Investment Promotion (Bureau) which is the single point of contact for regulatory clearances and fiscal incentives approvals to facilitate investors who are looking to set up a business in the state.
This bureau is empowered to provide necessary clearance of departments including pollution, labour, industry, forest, electricity department and fiscal incentive approvals to facilitate new investment in the state.
An IAS officer has been made as CEO of Punjab Bureau of Investment Promotion.

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First Published: Oct 29 2015 | 8:48 PM IST

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