FICO demands OTS for PSIEC plot holders 

Also demands proper parking for truck trailers in Focal Point 

FICO demands OTS for PSIEC plot holders 

Ludhiana; Federation of Industrial & Commercial Organization (FICO) under the leadership of Gurmeet Singh Kular President along with Rajeev Jain General Secretary FICO raised some demands from Capt Amarinder Singh, Chief Minister, Punjab and Sunder Sham Arora, Industry Minister, Punjab. The demands are as under:

One Time Settlement for PSIEC Plot Holders: FICO explained that 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. 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. It is also notable that the OTS for every government department has been issued except the PSIEC.
 
Proper Parking for Trucks & Trailers in Focal Point: The condition of the infrastructure of Focal Point is an open book, the lack of proper parking facilities for the Trucks & Trailers worsen the situation, leading to congestion in traffic. The wrongly parked trucks and trailers occupies the major portion of the roads leaving behind the congested portion of road to commute. So, it is requested to the government that they should take the immediate action, and curb the problem. We also recommend that the parking for Trucks & Trailers should be made under the High-Tension Wire