Amid the economic slowdown, state governments are organising summits in a quest for new investments. The latest to join the horde is Punjab with an investor summit at the Indian School of Business in Mohali on December 5-6. It’s the first such event by the Congress-led government of Captain Amarinder Singh, which has been in power since March 2017. In a departure from the usual practice, the government has decided to do away with the practice of signing MoUs as many of them do not translate into projects on ground. At the investor summit in 2013, as many as 128 MoUs worth Rs 67,000 crore were signed, but only 62 of those materialised. In a conversation with Harish Manav, the Punjab CM talks about why he finally decided to organise the summit and how he plans to attract businesses to the state. Excerpts:
This is the first investor summit of your government. What is your thrust on?