FICO delegates meet Kalraj Mishra

Ludhiana, July 4, 2014: A delegation of Federation of Industrial & Commercial Organisations (FICO) on Friday met Kalraj Mishra, Union Minister of MSME, at FICCI House, New Delhi under the leadership of Gurmeet Singh Kular (President FICO), alongwith Jagatvir Singh President and Rajnish Gupta (Chairman,  Ludhiana Bicycle & Engineering Park) and Bachiter Singh (General Secretary, Ludhiana Industrial Area-C Manufactures Association) regarding the problems being faced by industry  specially for bicycle industry. Kular gave suggestions related to TUF Scheme for Bicycle Industry, MSME Bank & Credit Card for MSMEs, International Cooperation, Import Duty on Bicycle & Parts, Credit Link Capital Subsidy Scheme, Subsidy on Used Imported Machines, Abolition of 2% Central excise on Complete bicycle, Use of indigenous Indian Parts in Government Tenders and Raising Exemption Limit of Central Excise.