Punjab Budget Session: Industry says Punjab govt needs to focus on relief package

Ludhiana | Wednesday | 20th February, 2019

Summary:

A day after the state presented its annual budget, industry captains in Punjab said that the state government needed to focus on relief packages to help industrial units in the state. It is not a big deal.”AdvertisingUpkar Singh, president of Chamber of Industrial and Commercial Undertakings, questioned no infrastructure improvement announcement for focal points by Punjab government in Monday’s budget. AdvertisingBadish Jindal, president of the Federation of Small Industries Association, said: “Industry needs some package to survive. But government had reduced it to Rs 50,000 and after a hue and cry, it has restored it to Rs one lakh. However, if government pays up all subsidy, it comes out to be Rs 3500 crore..