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Mr Satyendar Jain, Hon’ble Minister for Industry, Health, Power, PWD, Govt of NCT of Delhi shows the way for Catalysing Industrial Growth
Sep 09, 2020

Addressing a CII virtual audience, Mr Satyendar Jain, Minister for Industry, Health, Power and PWD, Delhi, said that there is a need to create demand for and by the Industry to survive the COVID pandemic. He observed that due to the pandemic induced uncertainties and insecurities, the average spend / demand from the consumers had drastically reduced. The need of the hour is to work towards building consumer confidence to avoid a long term downward spiralling effect on the Industry. 

He was speaking at the CII Delhi Business Week 2020 themed as Catalysing Industrial Growth  in conversation with Mr Aditya Berlia, Chairman CII Delhi and Mr Kanwaljeet Jawa, Vice Chairman CII Delhi.

The Minister said the Government of NCT of Delhi has taken many steps to build this confidence by its handling of the pandemic and retaining key subsidies on essential services like electricity, water etc. for the citizens of Delhi. 

He assured the Industry that the Delhi government is committed to helping the Industry in the ease of doing business and highlighted that, going forward, Industry approvals and licenses will move solely towards online platforms, with an endeavour to minimize human interaction and interference. He also suggested that there may be a moratorium of no or minimal Government interference for at least a year to help Industry get back to growth. 

He invited the Industry to present specific Industry Acts which need attention or amendments to give an impetus to get growth back on track and survive the pandemic.

CII Delhi Business Week 2020 organised by the CII Delhi State Office is a week-long virtual interaction platform for enhancing strategic cooperation and strengthening multilateral relationships between stakeholders from Delhi and other parts of the country. It is taking up issues such as Healthcare, Ease of Doing Business, Water Augmentation, Media, Startups, MSME, Real Estate, Retail, E-Commerce, Education etc.
 

9 September 2020

New Delhi

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