FICO demands no enhancement policy and OTS for focal point plot holders from CMD PSIEC
The Delegation explained how almost 6 years back PSIEC issued a notice of Rs.249/- per square yard to Focal Point Phase VIII Allottees
Ludhiana: Today a delegation of Federation of Industrial & Commercial Organization, popularly known as FICO, under the leadership of Mr. Gurmeet Singh Kular President FICO along with Mr. Vipan Mittal Vice Chairman FICO & Mr. Gagneesh Singh Khurana Head FICO Agriculture Division; met Mr. Gurpreet Singh Gogi Chairman PSIEC & Mr. Sumeet Jarangal I.A.S., MD PSIEC & demanded No Enhancement Policy for Focal Point plot holders.
The Delegation explained how almost 6 years back PSIEC issued a notice of Rs.249/- per square yard to Focal Point Phase VIII Allottees, which was finally settled at Rs.24/- per square yard. Now again PSIEC have again issued a notice and demanded Rs.474/- per square yard from Focal point Phase VIII allottees, whereas PSIEC have already taken 100% anticipatory enhancement. Now with inclusions of interest & other charges the cost has reached around Rs.1000/- per square yard, which is totally unjustified and unviable.
This is to also to bring to your notice that due to the PSIEC Enhancement Pendency, the industry situated in Phase VIII is suffering a lot, as all the works related to all financial institutes including banks are stagnant so is the growth of the industry, as the financial institutes demand the Clearance Certificate from PSIEC, moreover, industrialists of Focal Point Phase VIII are not being able to adapt the Invest Punjab policy of government of Punjab, due to the given reason itself. Industry is already facing huge looses due to COVID-19, this is the time when the government should support the industry.
As per the “No Enhancement Policy” of Haryana State Industries Development Corporation, the same should also be applicable in Punjab so as to facilitate the Industry of Punjab. The industrialists in Phase VIII Focal Point are demanding for One Time Settlement Solution with PSIEC, just like the Property Tax and other departments under the OTS Scheme.
Amongst present were Mr. Gurmeet Singh Kular President FICO, Mr. Vipan Mittal Vice Chairman FICO, Mr. Gagneesh Singh Khurana Head FICO Agriculture Division, Mr. Surinderpal Singh Chairman Focal Point Industrial Association 34 Acre Mangli, Mr. Vikramjeet Singh Rajput President Focal Point Industrial Association 34 Acre Mangli, Mr. Rajnish Ahuja President Focal Point Industrial Association Phase IV, Mr. OP Bassi President Focal Point Phase -VIII Industrial Association, Mr. Jaswinder Singh Kler.