Ludhiana: Ahead of the state budget to be announced by finance minister Manpreet Singh Badal on Monday, city businessmen have sent their demands and suggestions to him for consideration.
Businessmen say the state government needs to take measures for Punjab’s industry that is passing through a very tough time, besides Centre’s budget announced last month had failed to address their concerns.
Expediting GST refunds, establishing new focal points, technology upgrade schemes and introducing one-time settlement policies in all departments related to industry are the major demands of the businessmen.
For some, industry modernisation is key to development. Gurmeet Singh Kular, president of Federation of Industrial and Commercial Organisations (FICO), says, “We have sent several suggestions to the finance minister to help industry bounce back. The Centre has failed to give us relief. Bicycle and hosiery are the mother industries in Punjab that give employment to lakhs of people,
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