Chandigarh, July 17: Chairman of Punjab State Industries Development Board Chairman Sh. Krishan Kumar Bawa has said that PSIDC is duty bound to provide all facilities and incentives to industrialists in state. He said PSIDC had been working as a pillar of strength to ensure prosperity of industry. He also especially thanked Captain Amarinder Singh for announcing One Time Settlement (OTS) and said this would help industry.
Chairing a Board of Directors MEETIMG here at Udyog Bhawan, Bawa thanked the Chief Minister for bringing the OTS which is in force till December 31, 2020. He also appealed to all industries who have taken loan from PSIDC to return their loans soon.
On the occasion, last years proceedings of the BoD meet were also approved. He also thanked the state government for appointing Sh. Brahm Shankar Sharma as board vice-president Siban C as Managing Director.
Those present in the meeting included Vice Chairman Mr. Brahm Shankar Sharma, MD Mr. Sibin C., Mr. Balwinder Singh Jandu, Mr. Rajesh Gharu, Senior General Manager Mr. S K Ahuja, Mrs. Gurleen Kapoor and Mr. Sohan Lal.