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Govt’s Goal Is to Make State Budget Employment-Oriented & Industry-Friendly: CM

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Govt’s Goal Is to Make State Budget Employment-Oriented & Industry-Friendly: CM

Haryana Chief Minister Nayab Singh Saini said the industry and manufacturing sectors play a vital role in the state’s economy. Keeping economic growth in view, the upcoming state budget will place special emphasis on the industrial sector. The state government has set a clear objective to make the forthcoming budget more employment-oriented and industry-friendly so as to strengthen the state’s economy and ensure Haryana’s leading contribution in India’s journey towards becoming a ‘Viksit Bharat’ by 2047.

The Chief Minister was interacting directly with entrepreneurs during a pre-budget consultation meeting held in Gurugram on Wednesday.

Nayab Singh Saini stated that the objective of the pre-budget consultation meetings is to create a more industry-friendly environment in the state by incorporating valuable suggestions from relevant stakeholders. He recalled that a similar consultation was held last year as well, which yielded excellent suggestions and helped strengthen policies. As many as 71 suggestions received during the previous consultations were incorporated into the budget. For the financial year 2025–26, a provision of approximately Rs 1,951.43 crore was made for the Industries and Labour Departments, out of which Rs 873.51 crore has already been spent. He added that constructive budget-related suggestions are welcome and stakeholders can also submit their inputs through an AI chatbot.

Budget Announcements Being Implemented on the Ground

The Chief Minister said the Haryana Government is continuously working to ensure that budget announcements are implemented at the ground level. In the previous budget, the allocation for the Industries and Labour Departments was increased by 129.37 percent to further strengthen these sectors. He informed that land has been earmarked for the construction of dormitories and single-room accommodations for workers—5 acres in IMT Bawal, 2.76 acres in IMT Faridabad, and 5.47 acres in IMT Sohna. Additionally, around 5,800 acres of land have been identified for the expansion of IMT Kharkhoda at a rate of Rs 3 crore per acre, which will soon be acquired under the Industrial Policy–2022.

Special Focus on Budgetary Provisions for Industrial Development

The Chief Minister said that several suggestions were received during the pre-budget consultation meeting. He assured that there will be a special focus on budgetary provisions for Haryana’s industrial development. The more concrete and implementable the suggestions, the more effective the budget will be. He emphasized that every suggestion serves as a guiding input and personally assured that all proposals would be considered seriously.

Satellite City to Be Developed in Kharkhoda

Nayab Singh Saini said that a satellite city is planned to be developed over an area of 10,000 acres in Kharkhoda of Sonipat district. Along with this, a wholesale market will be established in Rai, for which traders have already started approaching the government. He further said that the government has also committed to setting up an EV Park as mentioned in its election manifesto. Additionally, a Detailed Project Report (DPR) for the RRTS project worth Rs 70,000 crore has been prepared and tenders will be floated soon. The RRTS will operate from Sarai Kale Khan to Karnal and Sarai Kale Khan to Alwar, benefiting the people of the state. A Convention Centre will also be built in Manesar. He added that a Labour Court will be constructed in the Mini Secretariat complex at Bawal at a cost of Rs 26 lakh, for which the budget has already been allocated to the Public Works Department (Buildings and Roads).

Industrial Development Will Lead India Towards a Developed Nation: Rao Narbir Singh

Haryana Industries and Commerce Minister Rao Narbir Singh said the Haryana Government is working with a focused vision of ‘Viksit Bharat’–2047. Along with industrial growth, the government is fulfilling its responsibilities effectively to give India a new identity as a developed nation. He emphasized that representatives from the industrial sector play a crucial role in shaping a future-ready Haryana. Therefore, the state government will continue to take steps by seeking suggestions through such pre-budget sessions to make the upcoming budget inclusive, smooth, and productive for all stakeholders.

He praised the working style of Chief Minister Nayab Singh Saini and said that the pre-budget consultation process reflects the government’s meaningful initiative to ensure that budgetary provisions address the interests of all sections. He also encouraged the representatives present to actively contribute towards environmental conservation.

On this occasion, MLA from Pataudi Bimla Chaudhary, Gurugram MLA Mukesh Sharma, Chief Principal Secretary to the Chief Minister Sh. Rajesh Khullar, Commissioner and Secretary, Industries and Commerce Department Dr. Amit Kumar Agarwal, Principal Secretary, Labour Department, Sh. Rajeev Ranjan, Excise and Taxation Commissioner and Secretary Ashima Brar, MD, HSIIDC Aditya Dahiya, OSD to the Chief Minister Dr. Raj Nehru, and other senior administrative officers were present.

Haryana Government to conduct training session on Contractual Employees’ Web Portal tomorrow

The Haryana Government has announced a mandatory state-wide training session to facilitate the smooth implementation of the Haryana Contractual Employees (Security of Service) Web Portal. This training is scheduled to take place via video conferencing on January 08, 2026, at 11:00 AM. The initiative follows the successful launch of the portal on December 25, 2025, which is currently accepting applications from eligible contractual employees through the deadline of January 31, 2026. A letter in this regard has been issued by the Chief Secretary’s Office.

The primary objective of this training session is to ensure a uniform understanding of the portal’s procedures and functionalities across all government sectors. By addressing specific issues currently being faced by candidates and Drawing and Disbursing Officers, the state aims to streamline the submission process and eliminate technical hurdles. This session is part of a broader effort to ensure that the security of service benefits reaches all intended beneficiaries in a timely and efficient manner.

To guarantee effective implementation at the ground level, the government has directed all Administrative Secretaries, Heads of Departments, and Managing Directors of Boards and Corporations to ensure that relevant officials attend the session. Furthermore, each department is required to nominate two to three eligible Group-C contractual employees to participate in the training. These nominated individuals will be prepared to serve as internal resources, assisting their colleagues with the digital form-filling process to ensure no eligible employee is left behind due to technical difficulties.

Haryana Government Notifies General Terms for Sale and Issuance of State Government Securities

The Haryana Government has notified the general terms and conditions for the sale and issuance of State Government Securities, superseding the earlier notification dated July 20, 2007. The notification has been issued by Chief Secretary Sh. Anurag Rastogi, who also holds the charge of Additional Chief Secretary, Finance Department.

As per the notification, the new framework titled “General Notification for Sale and Issuance of Government Securities by the Government of Haryana” lays down the objectives, types, features, eligible investors, and procedures for issuance of State Government Securities. These securities will be issued against the security of the Consolidated Fund of the State of Haryana in accordance with Article 293(1) of the Constitution of India.

The Government may issue various types of securities, including fixed coupon rate securities, which will carry a specific coupon rate determined through auction or other methods as notified separately. Such securities may be issued at par, discount, or premium, with a minimum original maturity of one year. Other types of securities with special features may also be issued through specific notifications.

The notification provides that eligible investors include residents of India such as individuals, firms, companies, institutions, provident and pension funds, trusts, Hindu Undivided Families, other State Governments and Union Territories with legislatures. Non-residents may also invest in accordance with the Foreign Exchange Management Act and related regulations.

The Reserve Bank of India (RBI) will announce the operational details such as date of issue, tenor, and method of issuance through press releases or other means. Securities will be issued in dematerialized form through Subsidiary General Ledger (SGL) or Constituents’ Subsidiary General Ledger (CSGL) accounts maintained with the RBI or in any other permitted form.

The minimum subscription amount has been fixed at Rs 10,000 (face value) and in multiples thereof. Coupon payments and repayments will be made by the Public Debt Offices of the RBI as per prescribed procedures. The notification also details provisions related to repayment, buyback before maturity, transferability, conversion, and consolidation of securities.

The Government may issue securities through auction, on-tap sale, switching of existing securities, or any other mode notified in consultation with the Reserve Bank of India. Auctions may be conducted on yield basis or price basis, using uniform price or multiple price methods, and both competitive and non-competitive bidding facilities will be available.

The notification further clarifies that the rights and obligations of investors will be governed by the Government Securities Act, 2006, Government Securities Regulations, 2007, and applicable tax laws. Any disputes relating to the securities will fall under the jurisdiction of Indian courts.

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