Punjab’s finance minister meets with Mandaviya, seeks to establish pharmaceutical park in Bathinda
Punjab Finance Minister Manpreet Singh Badal met Union Chemicals and Fertilizers Minister Mansukh Mandaviya on Friday and called for the establishment of a pharmaceutical park in Bathinda.
According to a statement issued by the government of Punjab, Badal said that the construction of a pharmaceutical park in Bathinda would serve the whole country, especially the northern region, including Punjab, Haryana, western l ‘Uttar Pradesh, Uttarakhand, Jammu and Kashmir and Ladakh.
He also stressed that it is equally important to diversify the economy and agriculture of Punjab. Mandaviya heard the facts presented and assured Badal that he would give Bathinda the highest consideration, the statement said.
As a border state, the Punjab must employ its youth productively to ensure that it does not fall victim to “sinister designs emanating from our hostile neighbors,” Badal told Mandaviya. The creation of a pharmaceutical park in Bathinda would provide direct jobs to around 1,000,000 people and indirect jobs to nearly 2,000,000 people, he said.
Badal said the site chosen at Bathinda was ideal for the establishment of a pharmaceutical park due to the presence of a fully operational “A” level railway station, the availability of more than 1,350 acres of land and its proximity to the Bathinda oil refinery. The pharmaceutical industry would also receive substantial support from some of the largest USFDA-approved pharmaceutical companies, such as Sun Pharma, Centrient and IOL Chemicals, he said.
Bathinda would also benefit from an R&D ecosystem of the National Institute of Pharmaceutical Education and Research, the Indian Institute of Science Education and Research and the Mohali Institute of Nanotechnology, in addition to the Institute. Indian Medical Sciences and Microbial Technology Institute, he added.