Punjab govt to table bill in special assembly to boost investment – india news

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 added.

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.

Recent Articles

SC stays CBI probe against Uttarakhand CM Trivendra Singh Rawat – india news

https://www.hindustantimes.com/india-news/sc-stays-cbi-probe-against-uttarakhand-cm-trivendra-singh-rawat/story-Aq2J5Nl3AG6J55o60WFcLK.html SC stays CBI probe against Uttarakhand CM Trivendra Singh Rawat https://www.hindustantimes.com/india-news/third-wave-of-covid-19-in-delhi-have-possibly-entered-that-phase-says-health-minister-jain/story-GhaeHcaD8pzByTSx7VzD7H.html Delhi health minister Jain says city possibly in third wave of Covid-19 https://www.hindustantimes.com/india-news/in-covid-crackdown-commuters-without-masks-in-mumbai-local-trains-to-be-fined/story-hCQQlP0BleyP13dPd7SzQJ.html In Covid crackdown,...

I am a proud and patriotic American, says Kamala Harris – world news

Democratic vice presidential nominee Kamala Harris has said that she is a proud and patriotic American who loves her country as she rejected...

Third wave of Covid-19 in Delhi? ‘Have possibly entered that phase,’ says health minister Jain – india news

A day after Delhi logged its highest daily count of coronavirus disease (Covid-19) cases, health minister Satyendar Jain said on Thursday that it...

Villagers in Jharkhand allegedly behead 3 of family for practising witchcraft – india news

Police on Wednesday recovered decapitated bodies of three people of the same family from a forested area in Jharkhand’s tribal dominated Khunti district...

In Covid crackdown, commuters without masks in Mumbai local trains to be fined – india news

Passengers travelling on Mumbai’s suburban railway network without masks will now have to pay fines as part of an exercise to stop the...

Related Stories