Ludhiana, Aug 25 (KNN) Ludhiana’s Bicycle industry on Wednesday urged the state government to announce the Technology Upgradation Fund (TUF) Scheme for upgradation of technology in the cycle industry.

The industry representatives in a meeting with AAP Rajya Sabha MP Sanjeev Arora demanded more incentives for the growth of the bicycle industry.

They also asked for more cycle tracks in cities across Punjab, including at Ludhiana and Amritsar to promote cycling and the cycle industry.  The industry leaders further urged to improve roads and industrial infrastructure.

As per reports, many issues related to PSPCL, PPCB, industry department, local bodies and Punjab Small Industries and Export Corporation (PSIEC) were taken up in the meeting.

Concerns related to pending VAT refunds and GST evasion were also raised, reported Hindustan Times.

Other issues discussed at the meeting included compounding charges policy, E-Rickshaw registration, infrastructure in general, smart metres date extension for installation, cluster formation for polluted industry, solar energy access and many more.

During the meeting, arora assured to take up the issue of making R & D Centre functional with the government. He also assured that Ludhiana city will soon have a 21 kms cycle track. Arora said he would also take up the issue of reducing GST from 12 per cent to 5 per cent in the bicycle industry.  (KNN Bureau)