Punjab, Haryana can emerge as Knowledge Valley: Assocham

The states can attract Rs 50,000 crore additional investments which can create employment opportunities for 25 lakh people by 2012.

CHANDIGARH: Punjab and Haryana can emerge as the Knowledge Valley of India, attracting Rs 50,000 crore additional investments which can create employment opportunities for 25 lakh skilled and unskilled people by 2012, a study by industry chamber ASSOCHAM has said

In a paper 'Punjab and Haryana- The Knowledge Valley of India', ASSOCHAM said that the promising areas in knowledge valley would include educational institutions, pharmaceuticals, bio technology and nano-technology.

Assocham President V N Dhoot said low investment in the region prompted Assocham to conduct a study in Punjab and Haryana to find out how ways attract investment in the region.

Stating that the proposed investment could come through public-private partnership (PPP) model, Dhoot advocated for foreign investments in the field of education sector. He said Assocham has already urged the Union government for allowing 100 per cent FDI in education sector.

The chamber further said both state governments should focus on building a strong infrastructure for the knowledge valley of India.

Investment in knowledge valley basically aims at uplifting the people below poverty line, improve human resources and achieve total literacy level in this region which is less than 75 per cent, he said.
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