Punjab Newspaper

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New opportunities for growth continue to exist in the State of Virginia (USA) even in these critical times, when the economic trends are changing in the United States of America and around the world.”, said Mr Grant Cothran, International Investment Manager, Virginia Economic Development Partnership (VEDP) Division of International Trade & Investment, Commonwealth of Virginia, [...]

Punjab Chief Minister Mr. Parkash Singh Badal today asked the Centre to adopt the concept of ‘economic federalism’ in true spirit to ensure balanced economic development of the states and Centre.
Addressing massive public rally at Nadala in Bholath assembly constituency as a part of his development tour in Doaba region, Mr. Badal said that the [...]

The Punjab Government today enhanced Dearness Allowance payable to Punjab Government employees, pensioners and employees of Private Aided Institutions from the existing rate of 47% to 54% of Basic Pay plus Dearness Pay w.e.f.1st July, 2008.
Disclosing this here today, Mr. Manpreet Singh Badal, Finance Minister said that in the case of employees, the whole amount [...]

Over 30,000 visitors thronged the Trade expo on the third day.  “The enormous response is very encouraging. We are already looking forward to organise the next Trade Expo in Amritsar in December 2009,” said Sh Rajiv Bali, Chairman, PHD Chamber, in a meeting of the PHD Chamber. The meeting was organised to chalk out the [...]

Dr. Vijay L. Kelkar, Chairman, Shri B.K. Chaturvedi, Dr. Indira Rajaraman, Prof. Atul Sarma and Dr. Sanjiv Misra, Members of Thirteenth Finance Commission, and Shri Sumit Bose, Secretary are visiting the state of Punjab from December 4, 2008 to December 5, 2008 as part of consultations with the State Government and key stake holders.
The Commission [...]

Manpreet Singh Badal,  Finance Minister Punjab,  today urged the people of the state to directly report any instance of demanding money in the state treasuries for clearance of bills to him and mentioned his office telephone nos. 0172-2743457 and fax no. 0172-2740361 for on the spot reporting the matter
In a statement issued here today, the [...]

Mr. S.C. Aggarwal, IAS here today took over as New Principal Secretary, Finance.
He took over the charge from Mr. D.S. Kalha, whose service has been place at the disposal of Union Government for appointment as Advisor to Planning Commission. Mr. Kalha would be taking charge of new assignment in New Delhi next week.

Opposition Leader in Punjab vidhan sabha and Ex C.M Bibi Rajinder Kaur Bhattal held  SAD-BJP government responsible for the present financial crisis in the state. Alleging that Parkash Singh Badal led SAD-BJP government failed on every front even during its 20 month’s of government. Bhattal further said that the state government was already facing an [...]

The Punjab Chief Minister Mr. Parkash Singh Badal called upon the Central Government to strengthen the States financially in order to achieve better and equitable economic development in the country.
Speaking at the Economic Times Chief Ministers’ Summit here last evening, Mr. Badal stated that in a globalized world, the Indian economy was not insulated from [...]

PHD Chamber has suggested frontloading of growth targets and resources allocated for infrastructure sector during the 11th Five Year Plan as a contingency measure for insulating the economy from the global slowdown.
“Recasting of Plan targets and infusion of financial resources for physical infrastructure are critical at this juncture since no one had anticipated the present [...]

Chandigarh: Manpreet Singh Badal , Finance Minister Punjab today gave a call to all the Non Government Organizations( NGOs) and Voluntary Organizations (VOs)  to come forward in getting the programmes and policies of the state government effectively  implemented at the grass root levels. NGOs in governance were emerging as there was greater realization to introduce [...]

The Punjab Chief Minister Mr. Parkash Singh Badal today asked his cabinet colleagues to refrain from issuing ‘irresponsible statements which contradict the declared party and government line and create confusion on the government  commitment to the cause of the people. No individual should put his personal interest thinking is above the party’s and the government’s [...]

Dr. L K Malhotra, President of PHD Chamber has expressed concern over the raising of home loan rates by State Bank of India and Union Bank, by 50 basis points. SBI’s PLR is now raised to 12.75 per cent and Union Bank’s PLR is 13.25 percent. This announcement may have a larger impact as, firstly [...]

The Punjab Government is reported to have registered an impressive annual Plan performance of 103% in 2007-08. According to the data collected by the Punjab State Planning Board, the State incurred a Plan expenditure of Rs. 5184 crores against an original Plan allocation of Rs. 5111 crores which was subsequently revised to Rs. 5050 crores [...]

Punjab Chief Minister Mr. Parkash Singh Badal today directed all the Administrative Secretaries to personally initiate immediate steps for getting requisite funds released from Centre for the Centrally Sponsored Schemes for the current financial year on the top priority.
Taking cognizance of the media reports in a section of press that some departments of the state [...]

Punjab Chief Minister Mr.Parkash Singh Badal today announced that the system of e-filing of returns would be introduced in the state from January 1, 2008 to facilitate the industrialists and traders thereby saving their lot of time and energy.
An assurance to this effect was given by Mr.Badal to a deputation of Industrialists from Ludhiana led [...]

Punjab Government’s Empowered Committee on mega projects under the chairmanship of Punjab Chief Minister Mr.Parkash Singh Badal today cleared industrial projects worth Rs.1345 crore.
Disclosing this here today, a spokesman of the Punjab Government said that these were the first clearances given to the new projects after the formulation of new government policy for mega projects. [...]

The Punjab State Lotteries Department has earned a record income of Rs. 168.78 crore during the year 2006-07. This was stated here today by Mr. Raj Khurana, Chief Parliamentary Secretary, Finance while giving away Prizes to the winners of Punjab State Rakhi Bumper-2007 and monthly lotteries of July and August 2007 at a State level [...]

Government of India (GOI) had approved 13 Special Economic Zones (SEZs) projects for Punjab and the State government was in the mode to enact the Punjab SEZs Act to facilitate the implementation of these Projects in an efficacious manner.
Speaking on the launch of ‘Crop Tiger 60′ Harvestor Combine of Rs. 100 Crore CLAAS India [...]

Heavy Automobile Industry in Punjab got a big boost today with the Premier Japanese Automobile, multi-national ISUZU Motors deciding to start manufacturing buses and trucks in the state.
An announcement to this effect was made by the Chairman ISUZU Mr.Yoshinori Ida alongwith Chairman Sumitomo Corporation Mr.Motoyuki Oka during deliberations with the Punjab Chief Minister Mr.Parkash Singh [...]

Indian exports to Canada stood at $ 1.02 billion in 2005 – 06. Canadian exports to India have increased to $ 0.91 billion in 2005 – 06. Bilateral trade between the two countries accelerated to $ 1.9 billion in 2005 – 06. Hence India is a net exporter to Canada
Canada and India are natural business partners. [...]

A state of the art memorial would be created in the memory of Shaheed Sukhdev would be set up  at Ludhiana and his ancestral house  would be preserved, for this purpose funds   amounting to Rs 1 crore has  been cleared. This was announced by Punjab finance ministerManpreet Singh Badal at Ludhiana today.
The Finance Minster was [...]

Punjab may get an additional Rs.100 crore over and above its annual plan for the year 2007-08 for improvement of rural education.
Stating this an official spokesman of the Punjab Government said here today that the issue was brought up by the Punjab Chief Minister Mr.Parkash Singh Badal during his meeting with Deputy Chairman, Planning Commission [...]

Mr. Manpreet Singh Badal, Finance Minister Punjab today said that the movement of small savings had suffered a decline all over the country due to the wrong policies adopted by the central government.
These views were expressed by Mr. Manpreet Singh Badal while presiding over a meeting of the officers of the department of Small [...]

Manpreet Singh Badal, Finance Minister Punjab today announced to enhance the rate of dearness allowance (DA) payable to the State Government employees from 29 percent to 35 percent w.e.f. January 1, 2007 on the pattern of Central Government Employees.
Badal said that the grant of 6 percent DA would put additional liability of [...]