Before the LDF came to power in May 2006, the industrial sector in the State was totally neglected. Public sector industrial units in the State were cynically allowed to run into redundance so that they could be sold away. The ulterior motive pursued by the UDF Government was to put important units one by one into private hands under the guise of economic pragmatism. But this was no pragmatism at all but only an abdication of responsibility. The world came to know economic pragmatism was with the LDF Government coming on to the saddle. On the one side the pragmatism was evident in the efforts to revive the “sick” industrial units and on the other it was unravelled in the conscious attempt to create a pro industrialisation atmosphere in the State. Government had made its vision clear regarding industrial sector at the very beginning. It gives due importance to the private sector and for giving all facilities, incentives and encouragement to private entrepreneurs.

Industry Surging ahead