TEAM HERALD
PANJIM: Chief Minister Laxmikant Parsekar on Monday said that the Investment Promotion Board has so far cleared investment proposals to the tune of Rs 4500 crore and this could possibly create around 2500 jobs.
He emphasized that job creation for locals in the industrial sector is the main thrust of his government and incentives would be provided in the March 25 Budget for industrialists accommodating 80 per cent locals.
Addressing a press conference, Parsekar, who is the chairman of Investment Promotion Board said, the proposals for investments and expansion are cleared on condition that the industries are environment-friendly and that of the total job creation, 80 per cent would be reserved for locals.
“The Board has in-principle granted permission to investments worth Rs 4500 crore with probable creation of around 2500 jobs,” he said, adding that there are several other proposals pending before the Board for clearance.
Parsekar also said investors who reserve 80 per cent jobs in their industries to locals would be provided with certain incentives and these would be highlighted in the upcoming Budget. “This condition is also applicable to those who intend to expand their units,” he added.
Parsekar said the Budget 2015-16 will focus on job creation in the government as well as private sector. “The government’s priority for the next two years would be on eradication of unemployment,” he said, while adding ‘the mindset of the people that only jobs in the government sector are good jobs, needs to be changed’.
This Budget would be the first of the Laxmikant Parsekar-led government.
