20 July: Chandigarh July 20: Mr. Sukhbir Singh Badal, Member Parliament and President Shiromani Akali Dal, visited Udyog Bhawan on the occasion of installation of new members of Industry Development Board.
Mr. Inderjit Singh Pradhan as Chairman of Small Scale Industry Development Board and Mr. Satish Kumar Dhanda, Vice Chairman of the Medium Scale Industry Development Board assumed their office. At the function Mr.S.S.Channy, IAS, Principal Secretary Industries and Commerce, Punjab, Dr.G.Vajralingam, IAS, Managing Director, Punjab Financial Corporation, Mr. Dharam Dutt Tarnach, Additional Managing Director, PSIEC, a large number of industrialists from Ludhiana and other officials of the Government, Corporations were also present on this occasion.
While addressing media Mr. Sukhbir Singh Badal informed that the government has constituted four Boards, Small Scale Industry Development Board, Medium Scale Industry Development Board, Large Scale Industry Development Board, Infrastructure Development Council.
Mr. ParkaMr. Singh Badal, Chief Minister, Punjab and Mr. Manoranjan Kalia, Industries and Commerce Minister will be the Chairman and Vice Chairman of the Infrastructure Development Council and Large Scale Industry Development Board.
The Chairman of the Small Scale Industry and Medium Scale Industry Development Board will have the rank of Cabinet Minister while Vice Chairman will be in the rank of Minister of State.
Mr. Sukhbir Singh Badal further informed that the Board shall interact with representatives of Industries, Banks, Financial Institutions and officials of the State Government and make its recommendations from time to time to the State Government for the revival of industrial economy and rehabilitation of the existing sick units and also advice on development of industries, betterment of investment scenario and related infrastructure to the State Government. He also informed that the Board will meet at least once in three months.