Hyderabad, June 10: Govt of India is making efforts to frame a new Industrial Policy which will facilitate the growth of Industry. It will reduce the compliance cost also and labour law will be made flexible. A committee is drafting the policy document under the chairmanship of Dr. Manmohan Singh. Under this policy a Land Bank will be constituted which will make acquisition of land for industrial purposes easy. Under the labour management laws, unwritten laws will be promoted.
Rules regulating unions and industrial workers will be modified through which more labourers than needed will be recruited. New Instrial Towhships will be promoted. World cup urban centers of International level will be setup. As per the new industrial policy 100 million persons will be employed which will benefit the younger generation. Entrepreneurial sector will also be developed.
A.P. will benefit by this policy to a larger extent because it offers better infrastructural facilities.
In industrial sector, the investment of the Muslims is minimal. When the Govt. is going to formulate new industrial policy the Muslims should take advantage of it and instead of going to foreign countries for jobs, they can make best use their talents here and can try their luck.
——–Siasat News