{"id":301818,"date":"2018-08-25T11:42:00","date_gmt":"2018-08-25T11:42:00","guid":{"rendered":"http:\/\/tehelka.com\/?p=301818"},"modified":"2018-08-25T11:42:00","modified_gmt":"2018-08-25T11:42:00","slug":"punjab-finance-minister-manpreet-badal-addresses-emerging-investment-ideas-2018-conclave-at-chandigarh","status":"publish","type":"post","link":"https:\/\/tehelka.com\/punjab-finance-minister-manpreet-badal-addresses-emerging-investment-ideas-2018-conclave-at-chandigarh\/","title":{"rendered":"Punjab finance minister Manpreet Badal addresses emerging Investment Ideas 2018 Conclave at Chandigarh"},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><img decoding=\"async\" loading=\"lazy\" class=\" wp-image-301819 aligncenter\" src=\"http:\/\/tehelka.com\/wp-content\/uploads\/2018\/08\/MS-badal-300x240.jpg\" alt=\"\" width=\"607\" height=\"486\" srcset=\"https:\/\/tehelka.com\/media\/2018\/08\/MS-badal-300x240.jpg 300w, https:\/\/tehelka.com\/media\/2018\/08\/MS-badal-768x614.jpg 768w, https:\/\/tehelka.com\/media\/2018\/08\/MS-badal-696x556.jpg 696w, https:\/\/tehelka.com\/media\/2018\/08\/MS-badal-525x420.jpg 525w, https:\/\/tehelka.com\/media\/2018\/08\/MS-badal.jpg 893w\" sizes=\"(max-width: 607px) 100vw, 607px\" \/>Minister of Finance, Punjab, Manpreet Singh Badal on Saturday addressed a gathering at Emerging Investment Ideas 2018 Conclave at Hotel James Plaza in Chandigarh. Speaking about Punjab as an investment destination, he said, \u201cI hope one day Indians will be able to conquer over our enemy which happens to be corruption, poverty, lack of education &amp; housing etc. Whatever it takes we need to develop industries and services in Punjab. We need to make Punjab an investment destination. SMEs provide maximum employment and contributes the most towards the growth of Indian economy. Economic growth is social justice and this must proceed hence companies must not only focus on revenues. I hope this conclave is useful to all. These SME entrepreneurs are the real hero&#8217;s and nuts and bolts of the Indian economy and its progress.\u201d<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Around ten SME companies participated in the conference which was organized by, Sarthi Capital Advisors Pvt Ltd &amp; Innovative Financial Management.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Speaking on the occasion Deepak Sharma, Group MD, Sarthi Group said \u201cI am happy to be here and do this event. Punjab, although a rich state having a lot of people with entrepreneurial skills, lacks the equity cult unlike the western and the central states of the economy. By this conclave initiative, we intent to promote the awareness amongst the entrepreneurs and the other market participants.\u201d<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">\u00a0Iqbal Singh, MD of Innovative Financial Management added \u201cThe motto of organizing this conclave is to create the eco-system in this region for equity. MSME should look at the equity capital as an alternative fund raising for their growth. It also gives the investors the opportunity to interact with the top management of the companies.\u201d<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">In India micro, small and medium enterprises (MSMEs) contributes 8% of the country\u2019s GDP, 45% of the manufactured output and 40% of its exports. The role of MSMEs in the economic and social development of the country is well established. The MSMEs provide employment to about 60 million persons through 26 million enterprises.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Minister of Finance, Punjab, Manpreet Singh Badal on Saturday addressed a gathering at Emerging Investment Ideas 2018 Conclave at Hotel James Plaza in Chandigarh. Speaking about Punjab as an investment destination, he said, \u201cI hope one day Indians will be able to conquer over our enemy which happens to be corruption, poverty, lack of education [&hellip;]<\/p>\n","protected":false},"author":37,"featured_media":301819,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2926,2009,2014],"tags":[4393,4392,4359,4391,279],"_links":{"self":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/301818"}],"collection":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/users\/37"}],"replies":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/comments?post=301818"}],"version-history":[{"count":1,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/301818\/revisions"}],"predecessor-version":[{"id":301820,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/301818\/revisions\/301820"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/media\/301819"}],"wp:attachment":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/media?parent=301818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/categories?post=301818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/tags?post=301818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}