Left Menu
Development News Edition

Punjab govt to table bill in assembly to boost investment

The Punjab government will table a bill in a special assembly session beginning Monday to improve the state's investment climate and generate employment.

PTI | Chandigarh | Updated: 18-10-2020 19:57 IST | Created: 18-10-2020 19:52 IST
Punjab govt to table bill in assembly to boost investment
Representative Image Image Credit: ANI

The Punjab government will table a bill in a special assembly session beginning Monday to improve the state's investment climate and generate employment. The state cabinet approved the conversion of the Factories (Punjab Amendment) Ordinance, 2020 into a Bill at a meeting chaired by Chief Minister Amarinder Singh, an official statement said. The Bill is aimed at amending a relevant section and inserting a new section in the Factories Act, 1948. It provides for changing the existing threshold limit for small units.

The change has been necessitated by the increase in manufacturing activities by small units in the state and is aimed at promoting small manufacturing units. This would help create more employment opportunities for workers, it said. In view of the absence of any provision in the existing law for compounding of offences for violations found at the time of the inspection of factories by the Inspector, the Bill will also incorporate a relevant section in the Act. This will facilitate faster settlement of cases and reduction in court action, the statement said.

On October 14, the state Cabinet decided to convene a special session of the state assembly here to bring in a legislation to counter the Centre's new farm laws. The two-day session will begin on Monday.


TRENDING

OPINION / BLOG / INTERVIEW

New farm bills in India: Focusing on farms or farmers?

... ...

Kenya’s COVID-19 response: Chaos amid lack of information

Confusing numbers and scanty information on how effective curfews and lockdowns have been in breaking transmission have amplified coordination and planning challenges in Kenyas response to COVID-19. Without accurate data, it is impossible t...

Farkhad Akhmedov: Calculating the price of impunity from the law

In insistences such as the battle over the Luna, Akhmedov has resorted to extreme legal machinations to subvert the High Courts decision and keep his assets from being seized. ...

Guinea’s elections hearken back to the autocracy and violence of its past

... ...

Videos

Latest News

U.S. breaks daily record for coronavirus cases with nearly 84,000 new infections

The United States broke its daily record for new coronavirus infections on Friday as it reported at least 83,948 new cases due to outbreaks in virtually every part of the country, according to a Reuters tally.The spike in cases comes less t...

NASA probe leaking asteroid samples after hearty collection

The U.S. probe that collected a sample from an asteroid earlier this week retrieved so much material that a rock is wedged the container door, allowing rocks to spill back out into space, NASA officials said on Friday.The robotic arm of the...

Nov 3 poll choice between super recovery and Biden depression: Trump

US President Donald Trump on Friday said this election for Americans is a choice between a super recovery by his administration and a depression by his Democratic challenger Joe Biden. Hitting the campaign trail from the battleground State ...

Australia's COVID-19 hotspot sees more school cases before easing curbs

Australias Victoria state, the countrys COVID-19 hotspot, reported four cases related to infections in schools on Saturday, a day before the expected easing of strict social distancing restrictions. Melbourne, the capital of Australias seco...

Give Feedback