New Industrial Policy to be implemented next month

By Accommodation Times Bureau


Punjab Industry and Commerce Minister Sunder Sham Arora today said that with the implementation of new industrial policy next month, the industry will get a boost in the state.

Calling the new policy as pro-industry, he informed that new industrial policy would give one-time settlement opportunity to the sick industries to restart their ventures as the new policy will be launched after enormous improvements.

Arora said that Captain Amarinder Singh led Punjab government had notified the Industrial Policy-2017 to fulfil its promises made with the people of the state. Regarding the pending cases of VAT refund, Arora said that the state government will refund the entire amount up to December 2018 and the fund of Rs.300 crore will be released after every two months.

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