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FICO president meets director of industries

LUDHIANA: President FICO Gurmeet Singh Kular (Federation of Industrial & Commercial Organization) met DPS Kharbanda IAS Director of Industry & Commerce Government of Punjab and explained how the progress of the units of Punjab is stuck, due to non-compliance of enhancement, where 5 years back, the PSIEC issued a notice of Rs 249 per square yard to Focal Point Phase VIII allottees, which was settled at Rs 24 per square yard.

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Tribune News Service

Ludhiana, February 5

President FICO Gurmeet Singh Kular (Federation of Industrial & Commercial Organization) met DPS Kharbanda IAS Director of Industry & Commerce Government of Punjab and explained how the progress of the units of Punjab is stuck, due to non-compliance of enhancement, where 5 years back, the PSIEC issued a notice of Rs 249 per square yard to Focal Point Phase VIII allottees, which was settled at Rs 24 per square yard. Now again, the PSIEC have issued a notice and demanded Rs 474 per square yard from Focal point Phase VIII allottees, whereas PSIEC have already taken 100 per cent anticipatory enhancement. 

Further, he said the infrastructure of Focal Point was in its worst shape ever. “The roads and sewerage in the Ludhiana Focal Points (Phase I to Phase VIII) are in very bad condition and we feel ashamed to bring our domestic customers as well as foreign customers to our factories through these roads. It has been observed that at least 70 per cent of the street lights in the focal point are not working, whereas the Municipal Corporation Ludhiana is paying to the contractors. We request you kindly look into the matter and do the needful.” 

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