FICO Delegation meets MD, Punjab Small industries Export Corporation Limited
Author(s): City Air NewsLudhiana, October 26, 2017: Today, a delegation of Federation of Industrial & Commercial Organization, popularly known as FICO along with Focal Point Phase VIII Association 34 Acre Mangli, welcomed and congratulated...
Ludhiana, October 26, 2017: Today, a delegation of Federation of Industrial & Commercial Organization, popularly known as FICO along with Focal Point Phase VIII Association 34 Acre Mangli, welcomed and congratulated Sh.Rajat Aggarwal (IAS) newly appointed Managing Director of Punjab Small Industries Export Corporation (PSIEC) and discussed regarding the enhancement cost of 474 square yards imposed on phase VIII Focal Point Ludhiana.
S.Gurmeet Singh Kular President FICO, explained the issue to Sh.Rajat Aggarwal and said that 3 years back PSIEC issued a notice of Rs.249 per square yard to Focal Point Phase VIII allottees, which was settled at Rs.24 per square yard. Now again PSIEC have issued a notice and demanded Rs.474 per square yard from Focal point Phase VIII allottees, whereas PSIEC have already taken 100% anticipatory enhancement.
Sh.Vipan Mittal Senior Vice President FICO Said that PSIEC have so many vacant plots (unsold area) so money can be collected after sale of that area.
Sh.Vikramjeet Singh said that at the time of allotment big houses were given land @Rs.126 per square yards but others were given @ Rs.596 per square yards. Moreover, they are also using the roads and sewerage system of Phase -8.
Sh.Vijay Mehtani, Executive Member, FICO said the after the implementation of GST industry is facing recession so another burden should not be imposed.
Sh.Rajat Aggarwal heard the grievances of the allottess and said that the speaking orders of the same are expected shortly.
S. Gurmeet Singh Kular President FICO, S. Vikramjeet Singh President 34 Acre Mangli Focal Point Phase VIII Industries Association, Sh. Vipan Mittal Senior Vice President FICO, Sh. Vijay Mehtani Executive Member FICO, Sh. Mandeep Chaudhary Media Advisor FICO, S. Surinderpal Singh, Sh. Satya Pal Saini, S. Jaswinder Singh Kler and S. Gagneesh Singh Khurana were present.
Focal Point Phase VIII allottees are very hopeful that the justice will be prevailed this time.