Chandigarh, July 17 || A round table with industry associations from across Punjab was held on Thursday here, with state Industry Minister Sanjeev Arora and Finance Minister Harpal Cheema with the main demand to revamp all focal points and industrial zones.
At the outset, the industry representatives expressed gratitude to the Punjab government for announcing the long-pending one-time settlement policy, allowing resolution of litigated industrial plot dues in focal points by paying eight per cent interest penalty.
Various critical issues affecting industry were raised, including the urgent need to revamp all focal points and industrial zones, capping high mortgage and hypothecation fees for industrial loans, reduction of GST on bicycles from 12 to five per cent, rationalisation of wheeling charges for solar power transmission, provision of dry port container facilities for rice exporters in Amritsar and expediting the development of convention centres in Amritsar, Mohali, and Ludhiana.
Minister Arora assured industry leaders that these matters will be taken up on priority and responded to within a time-bound period of 45 days.