How to attract investment amp; improve ut's rank on ease of doing biz
Corruption should be strictly dealt with
Corruption is rampant and unabated in India. It is the main reason for failure in every field whether it's business or the Administration. Once the authorities concerned are successful in dealing with corruption, UT will improve its ranking on ease of doing business.
Priyam Aggarwal, Chandigarh
Industry needs more incentives
The authorities should allow conversion of leasehold industrial plots into freehold by charging a nominal fee. Further, floor area ratio (FAR) should also be increased on the lines of residential plots for more development. The industry should be given regular and uninterrupted power supply on subsided rates to boost production. Lastly, get rid off red-tapism. Single window clearance can be adopted to make industrialists more successful.
Col TBS Bedi (retd), Mohali
No need for business reforms in UT
It's not surprising that Chandigarh has been ranked at the bottom among the states on ease of doing business. The UT was basically established as a city-state and an administrative headquarter and not a business hub. The city does not require any business reform plan like single window service, redressal of labour and environment issues or even FDI or local investments. Industry is nowhere to be seen in the city. Industrial hubs have turned into hotels, car retailers and malls. Hence, there is nothing that the city should be worried about as the Central Government is taking care of its financial needs through grants-in-aid. There is no need to change the age-old rules and regulations else the clean and green character of the City Beautiful will go down the drain. Let Chandigarh survive with its Anglo-French model of construction and operation.
Rajiv Boolchand Jain, Zirakpur
Implement UT's industrial policy
The city's rank on ease of doing business has remained unchanged from the previous year. The primary reason for the low ranking is non-implementation of the Chandigarh Industrial Policy of 2015. Chandigarh's loss is Punjab and Haryana's gain. This matter needs serious introspection. Changing of age-old rules and regulations will increase revenue of the industry and the UT exchequer.
Sanjay Chopra, Mohali
Migrants' exodus had adverse effect
It's tough to do business in Chandigarh. Basic industrial requirement is adequate manpower. With imposition of sudden lockdown in March 2020 there was mass exodus of migrant labourers from the UT leave aside other difficulties faced by owners to run their units. Let us hope that the situation improves and normal life comes back on track.
SC Luthra, Chandigarh
Formulate policies to attract investments
Considering the UT's lower rank on ease of doing business it becomes foremost duty of the Administration to formulate investor-friendly policies for setting up industries. Our City Beautiful has edge over other towns as it has low pollution level, is vested with good bus, rail and air connection, is managing continuous power and water supply, has excellent residential accommodation locally and in the peripheral areas. It already has an IT hub. The UT Administration should increase FAR, charge one time nominal fee to convert leasehold properties to freehold, provide power and water at competitive rates, and give concession in excise duties. The Administration can also allot plots to attract entrepreneurs.
NPS Sohal, Chandigarh
Sincere efforts can safeguard industry
Yes, surely easing norms to attract investors is the need of the hour as our economy is already on the verge of collapsing. So remedial steps can not only bring respite for businessmen, but also help in improving economy. Rules should be easy to follow and there should be no red-tapism so that an investor is not under stress of just completing formalities to start his/her business. Least paper work and full cooperation by the Administration will help in increasing new business opportunities. Industry is the backbone of our economy. So, sincere efforts are needed to safeguard it.
Bir Devinder Singh Bedi, Chandigarh
Think tank should formulate strategy
Apparently, rigid rules are key factors for non-implementation of the action plan. Besides, non-conversion of leasehold industrial plots to freehold, labour problems, non-implementation of the industrial policy, 2015 and irrational taxes hinder investments. The need of hour is to change rules to give impetus to industry. Therefore, think tank should work out a strategy for effective implementation of the industrial policy. Also, officials in the Department of Industries, should review industrial policy and bring need-based changes to encourage new investors and entrepreneurs. Needless to say, timely and corrective steps would help the City Beautiful in securing a respectable position on ease of doing business in the times to come.
Hardeep Singh Slaich, Mohali
Ut needs to transform for posterity
Business reform action plan ranking is an indicator of the ease of doing business. Those at the helm in the Administration ought to acknowledge that business is no charity and onus for its promotion lies on them since this adds to the gross domestic product (GDP) that shapes the ease of living for one and all. Of the 80 parameters for ranking, carrying total of 187 points, Chandigarh secured dismal 9 points due to little action for other parameters. Action plans have to be formulated parameter wise and executed with involvement of all stakeholders. Non- implementation of Chandigarh Industrial Policy, 2015, and business unfriendly procedural wrangles in the bureaucratic atmosphere is the culprit. Chandigarh needs a shift in priorities for quantum jump in business scenario. It is time to shed rigid concepts of the fifties when Chandigarh was content being City Beautiful only bereft of business and industry infrastructure and transform the Smart UT in tune with needs and aspirations of posterity.
Lalit Bharadwaj, Panchkula
Rules followed strictly in UT
Chandigarh is a small city with high rent and property rates. Rules are strictly followed in UT as comparison to other cities of Punjab and Haryana. This is the reason why companies have shifted to Mohali, Panchkula and even the NCR. The UT Administration should use vacant properties. The Administration should lease out government properties to businessmen as it will increase tax collection, employment and business revenue in the city.
Avinash Goyal, Chandigarh
Give loans on minimum surety
The Chandigarh Administration should make policies, which attract businessmen and investors. Easy loans can be given to needy businessmen on minimum surety. It will help the industry grow and create employment opportunities.
Vijay Malia, Chandigarh
Create environment conducive to business
UT's poor ranking on ease of doing business is a matter of concern. Both businessmen and people are sufferers as less facilities are offered by the UT to the industry. Freehold properties would attract more businessmen to invest in the city along with creation of ample employment opportunities. Government jobs are limited. Many sectors are being privatised. The need of the hour is to create conducive business environment. Hence the Administration must give concessions to businessmen. As business grows, footfall will increase in city markets. This in turn will increase earnings of both businessmen and the UT Administration.
Wg Cdr Jasbir Singh Minhas (retd), Mohali
No use crying over spilt milk
Everyone knows "Where there is a will, there is a way". Will means not an ordinary, but an unflinching wish to achieve something. Confidence is key to success. It is true that Chandigarh has failed to improve its ranking due to wrong policy of the Administration. It is rigid on its old system/policy. There is no use crying over spilt milk. So, UT should change its rules such as non-conversion of leasehold industrial plots to freehold. Bank loans at low rate of interest and other facilities should be provided to industrialists. No doubt, more jobs will be created during Covid times as the industry thrives. Future of the unemployed youths will be better if industry is in good condition. It is important to change rigid rules for the promotion of trade and industry.
Sumesh Kumar Badhwar, Mohali
Focus on Centre, UT coordination
UT must create a conductive environment for investment to create business opportunities. New sectors must be opened for investments. Focus on coordination between Central Government and the UT Administration to implement plans related to the industry.
Anita Tandon, kharar
Chandigarh cannot sacrifice its identity
Chandigarh was never proposed to be an industrial town though it had provision for small-scale industry on the outskirts for local needs. The floor area ratio (FAR) gives the city a uniform look of a modern city. Now, since the Union Territory has a limited area there is hardly any scope for expansion. Just for the sake of rank the City Beautiful cannot sacrifice its identity. Of course, leasehold property should be made freehold, but FAR should be maintained. We should strive for the number one status of the UT rather than national ranking on ease of doing business. Do not regret the path not taken. This ranking system is a farce to divert the mind of people from real social and economic issues of the country. Any ranking system should be based on quantitative figures and not qualitative such as feedback, which can always be manipulated on the political considerations in favour or against.
Dr Gurdev Singh, Mohali
Matter needs serious introspection
The main reason behind low ranking of the city on ease of doing business is non-implementation of the industrial policy. Non-conversion of leasehold plots to freehold is a major setback and not the increase in FAR. Besides, rigid rules leave no space for growth. Above all is lack of vision. This is a serious matter, which needs introspection by the Administration. Flexible rules can attract investment required for the growth of the industry.
Vidya Sagar Garg, Chandigarh
Liberal policy can help economy
Only Administration can help industry in the present difficult times. Non-conversion of leasehold plots to freehold is a setback for the local industry. Youth should be encouraged to set up small-scale industry especially for daily use articles. It will create more jobs. It is of paramount importance that rules must be liberal for universal acceptance.
Tarlok Singh, Chandigarh
City has failed to attract FDIs
The city has huge potential for economic growth. But, the rigidity of rules, lack of vision and accountability on part of the authorities has affected development in the UT. Elected representatives have no say in planning or decision making. The result is major projects are either scrapped or delayed. Implementing the Centre's policies is fine, but not at the cost of local issues concerning city residents' that affects development of the UT and the tricity. Chandigarh being the capital city of Punjab and Haryana is the preferred destination for foreign investors over Mohali and Panchkula. But, the city has failed to attract FDIs. This is one of the major factor, which has affected economic growth of the city. The authorities must have will power and take a risk to ease rules to put the City Beautiful among the top five cities in the country.
Col Balbir Singh Mathauda (Retd), Chandigarh
UT's small area is a disadvantage
Having an area of 114 sq km only is a disadvantage for the establishment of large industrial units in the City Beautiful. Only small units can be established in the UT. Laws are also rigid for conversion of leasehold property to freehold and rates of conversion are high. Rigid control over FAR although required for uniqueness of the city impinges the condition of ease of doing business. Besides, it is difficult to get clearances from different departments. Relaxation in rules is required for the growth of the industry and creation of jobs.
Bharat Bhushan Sharma, Chandigarh
Discuss issues with stakeholders
To attract investments for the City Beautiful the authorities should implement the industrial policy, 2015, and the business reform action plan 2018-19. The policy and action plan should be reviewed periodically. The floor area ratio (FAR) should be increased. Conversion of leasehold plots to freehold should be allowed. Departments concerned should make the process of giving permissions, clearances, and renewals related to buildings, labour and environment easy. Industrial areas and parks should be upgraded. There should be regular discussion on industrial issues with stakeholders to make the 'Make in India' programme successful.
Simran Sidhu, Chandigarh
Consult stakeholders to frame policy
The action plan for ease of doing business 2019 contained a list of 187 points. Chandigarh implemented only nine points. This is shameful for the authorities concerned. In this set up bureaucrats come for a fixed tenure only and nobody takes pain to compete with other states/UTs. To comply with the 187 points, the Administration needs to consult all stakeholders to frame a new industrial policy where issues like land, labour, investment, banking, taxation, marketing etc conducive to the city's industrial environment need to be discussed and the policy finalised to compete next time.
SK Khosla, Chandigarh
QUESTION
A cash-strapped Chandigarh MC has notified a steep hike in the water tariff, ranging from 50 per cent to 200 per cent. How justified is the hike in light of the fact that residents are already reeling under economic insecurities due to the Covid pandemic? What measures do you think should the MC take to generate funds for sustainability/survival?
Suggestions in not more than 70 words can be sent to openhouse@tribunemail.com
from The Tribune https://ift.tt/33tbTFg
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