Tuesday,
June 19, 2001, Chandigarh, India
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Industry Dept to have WTO
wing Ludhiana, June 18 Mr Guru said, “ The state government is fully alert and has taken several steps to face the new changes taking place in the industry. A separate cell for small scale industry has been set up in the Industry Department. Mere opposition to WTO is not sufficient and we should take special steps to improve our production activities, so that low-cost quality products can be manufactured.” He disclosed that the state government had also granted Rs 25 crore for three Research and Development centres of auto parts, machine tools and bicycle parts in Punjab for modernisation of the industry. He revealed that the state government would pay excess interest over 7 per cent to the existing units for modernisation. A Technology Bank would also be set up in Punjab to compete with the WTO and the industry would get every type of information from it. Regarding collaboration with foreign countries, he said, the Central Government would set up a Technology of Bureau for International Industrial Partnership (TBII). There would be four such centres, out of which one would be in Punjab. On this occasion, Mr R.P. S. Kalsi, an expert on the subject, said that to meet and face the WTO challenge, one would have to change his mind-set and attitude. Mr J.S. Kullar, Director, Small Industries Services Institute, Mr Paramjit Singh, Mr R. P. Malik, DGM, SIDBI also expressed their views on technology and the financial policies of their institutions. |
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