Deprived and closed Industrial items could be in a position to apply
CHANDIGARH: With the dedication to fulfill its promise, Punjab Government has supplied a special chance to General Industrial Units and Export Oriented Units (EOUs) to declare their sanctioned subsidy of Investment Incentive/Capital Subsidy below numerous insurance policies introduced from time to time.
Disclosing this right here in the present day Punjab Industry and Commerce Minister Sunder Sham Arora mentioned that some industrial items missed the chance to declare the sanctioned subsidy below numerous Industrial insurance policies due to its closure or for another causes, such items are being given special chance to file their declare of the subsidy.
Arora mentioned that such eligible industrial items of Punjab can declare their sanctioned subsidy request after checking their identify within the ready listing printed by the division on the web site pbindustries.gov.in and ship it on the e-mail ID of the division: [email protected] or by way of involved General Manager of District Industries Centers. He mentioned that the subsidy distribution to the making use of items could be thought of in accordance to the ready listing ready by the Department. He mentioned that the state authorities had allotted Rs. 25 crore for these closed items within the present monetary 12 months in accordance to their eligibility and entitlement however many of those items couldn’t be traced as the prevailing tackle of the items couldn’t be ascertained.
The Industries Minister additional mentioned that requisite approval has been obtained from the Punjab Cabinet for the discharge of sanctioned subsidy to these items. He mentioned that pointers have been laid down for launch of sanctioned cash subsidy to the closed and offered items on the idea of advantage. He mentioned that out of the entire 1500 closed items, the state authorities has determined the instances of the primary 400 items on the idea of seniority, out of which 123 eligible items have been allotted the sanctioned quantity of subsidy.
It is pertinent to point out that throughout the 12 months 2017, about 1500 closed items of the state have arrears in tune of Rs. 100 crore. In view of the efforts and guarantees made by the state authorities from time to time, a subsidy of about Rs. 30 crore has been disbursed since 2017 and funds have been made to round 500 items.
