Punjab to promote MSME products

State-run Invest Punjab has signed a pact with Startup Pumpkart to promote ecommerce and sale of products from micro, small and medium enterprises (MSMEs).

“The government is committed to promote the MSMEs at a time when there is economic recession in the country,” Additional Chief Secretary (Investment Promotions and Industry and Commerce) Vini Mahajan said, adding that industry in the state attracted more than 50,000 crore investments and these are under implementation stage.

“The electricity consumption in the state has gone up by 26%, a clear indication of industry growth,” she said. “Keeping in line with the Make in India programme, we have formulated the Make in Punjab policy. This is a time to work together. Our focus is on providing jobs to the youth and our dream is to make Punjab number one once again,” Mahajan added.

Punjab has more than two lakh MSMEs and Pumpkart’s e-commerce business model would give them a direct access to the domestic market without adding in any costs. “We are targeting to bring at least 10% of these MSMEs on Pumpkart’s platform in the next two years,” a Pumpkart spokesman said.

Haryana to have Dept of Global Cooperation

The Haryana government, during a cabinet meeting presided over by Chief Minister Manohar Lal Khattar, has decided to create the Department of Global Cooperation and Engagement to streamline and focus on engagements with other countries and non-resident Indians (NRIs) or persons of Indian origin. The department will work to enhance international cooperation with provinces of foreign countries and engagement with cities under the sister provinces and twin