CONG BLAMES SAD-BJP GOVT FOR CLOSURE OF INDUSTRIAL UNITS IN PUNJAB

As per information received under the RTI Act 2005, 31 Steel Rolling Mills and Induction Furnaces of Mandi Gobindgarh and Khanna, have closed down their units and have got their power connections disconnected during last six months.
It is pertinent to mention here, that presently 90 more such mills and furnaces have shut down their operations but haven’t got their power connections disconnected as yet. These mills are very likely to also completely shut down as it is not viable to pay the minimum electricity charges being levied upon them by Punjab State Power Corporation Ltd. (PSPCL). It is unfair to impose the said minimum power charges on the industry as the govt. is not providing them sufficient power to run their industry and there are long and severe unannounced power cuts.
In case the SAD-BJP govt. continues with its anti-industry attitude and turns a blind eye to their demands, it is estimated that all the 330 units of Steel Rolling Mills and Induction Furnaces are contemplating closure of their industry and declaring bankruptcy. The association of small and medium scale industry has been running from pillar to post to convince the govt. on their valid demands but to no avail. They are demanding withdrawal of e-filling, reduction in the per kilowatt minimum charges of electricity, rationalizing VAT and Entry Tax on the pattern of neighboring states.
The association claims that under the present taxation policy and minimum power charges, it is highly impossible for them to compete with producers of other states, forcing them to close down their units. The present frustrating and dismal scenario of the Iron and Steel Industry of the state, raises a big question mark over the just released new industrial policy. It only goes to show that the govt. had scant knowledge and concern for the steel industry, while forming the new industrial policy.
Therefore, Congress advises the Junior Badal who is habitual of making tall claims of mega development, to focus and prevent the closure and collapse of our small and medium scale steel industry of these towns. Closure of industry on such large scales is bound to have serious financial ramifications on the state, besides rendering thousands of families jobless. Congress urges the govt. to revise and reform its industrial policy in view of the difficulties and demands of the steel industry as the recently announced industrial policy is nothing but a failure, non starter, ineffective and meaningless.
In the same breath, Congress also severely condemns the govt., for charging hefty sums in electricity bills under the garb of Advance Consumption Deposit Scheme (ACDS). The govt. has no right to fleece the consumers with advance payments, when it cannot provide 24 hours supply to the consumers. The said Advance Deposit Scheme of the Punjab State Power Corporation Limited (PSPCL) must be scrapped forthwith.

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