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Punjab CM expects Rs 50,000 crore investment by year end

Written by: Staff

Jalandhar, Mar 22 (UNI) Expressing satisfaction over the pace of development in Punjab, Chief Minister Captain Amarinder Singh said that new industrial investment of nearly Rs 50,000 crore is expected in the state by the year end.

Addressing a congregation at Nakodar near here today, the CM said that his government has been trying its best to speed up the pace of overall development in the state.

He said that efforts made by the state government during the past four years had been received well by the industry and industrialists and an investment of over Rs 57,000 crore had already been made in the state by 185 industrial units.

He said that this, in due course of time would generate employment avenues for about 10 lakh people. He said that the new investment in the state is likely to touch the mark of one lakh crore by the year end and this would facilitate employment to nearly 20 lakh people.

He said his government was also trying to streamline and update educational infrastructure in government schools.

He also expressed satisfaction over the achievements of his government and said that the government had succeeded in repairing the damaged caused by the previous SAD-BJP Government to the economy and development of the state.

He also alleged that the previous government had done nothing for the welfare of the state and its people.

The Chief Minister also laid the foundation stone of water and sewerage scheme for the town.

State Ministers Chaudhary Jagjit Singh, Amarjit Singh Samra, Avtar Henry, Mohinder Singh Kaypee, Ms Gurkanwal Kaur and MP Rana Gurjit Singh were also present.


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