Punjab Cabinet approves proposal for signing of agreements for Integrated Manufacturing Cluster (MIC) under Amritsar-Koltaka Industrial Corridor
Chandigarh, August 11, 2022: To create a conducive environment for the industrial sector thereby creating jobs for youth, the Council of Ministers also approved the proposal for signing of the Shareholders Agreement (SHA) and State Support Agreement (SSA) for Integrated Manufacturing Cluster (MIC) under Amritsar-Kolkata Industrial Corridor (AKIC) Project near Rajpura, which is coming up with the support of National Industrial Corridor Development Corporation (NICDC).
The project will act as a catalyst for local commerce, and business with global competitiveness and create an environment conducive to investment.
It will also generate employment of about 32724 from Industrial and 14880 from non-industrial support amenities.
ANNUAL ADMINISTRATIVE REPORTS OF COOPERATIVE DEPARTMENT APPROVED
Meanwhile, the Punjab Cabinet also approved Annual Administrative Report of year 2017-18 and 2018-19 of Punjab Cooperative Department.