Ludhiana, Aug 27 (KNN) During an interaction with traders of micro, small and medium enterprises (MSME) in Ludhiana, Deputy Chief Minister of Punjab Sukhbir Singh Badal has announced to establish an exhibition centre on November 1, a long-pending demand of industrialists in Ludhiana.

During the interaction, Upkar Ahuja, Chairman, Small Industry Development Board, lauded the efforts of recently proposed Focal Point at Dhanansu as it is more than two decades since, a Focal Point was built in Ludhiana.

However, he also pointed out that the state government should pay attention towards the existing focal points and maintain infrastructure with proper sewerage and roads there. He demanded that 50 acres of land should be earmarked for building flats for small scale industry at the proposed cycle valley project at Dhanansu.

“The deputy chief minister has asked us to identify the land for establishing exhibition centre and we will work out all the possible modalities with regard to the project soon. The road tax for factory buses which had been increased from `50,000 to `3,000,00 the deputy CM has assure us that by October 1, the road tax rates will be reduced,” said Ahuja.

Gurmeet Kular, chairman, Punjab Ramgarhia Welfare Board, said that the fourth stage verification must be quelled soon as it is causing huge losses and utter inconvenience to traders.

Kular also demanded that value added tax (VAT) for cycle and its parts must be reduced from 6.05% to 2.5%, then the issue of refund will be resolved automatically. He also exhorted that technology transfer from overseas is the need of the hour and concrete steps need to be taken for it. (KNN Bureau)