New industrial policy soon: Prabhu

Gurugram April 24 (IANS) Union Commerce and Industry Minister Suresh Prabhu on Tuesday said that soon a new industrial policy will be introduced and would encourage establishment of industry in rural areas.

Addressing a gathering in Lohsingani village here on the occasion of Panchayati Raj Divas celebrated under the village Swaraj campaign he said that on Monday a meeting was held with the Chief Ministers from different regions in which they were asked to suggest a new policy.

He said that the efforts of the Central and State Governments to improve the quality of life of people should be linked to small industries for which a big convention was organized in Delhi on Monday where the new policy was discussed and finalized with the suggestions of all and will be implemented soon after getting the Cabinet s approval.

Through this industrial policy the emphasis is on promoting industries in the village connecting with self-help groups and co-operative institutes to the small scale industries and connecting it with the global supply chain he said.

--IANS
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