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Punjab offers industrialists a one-time settlement to clear dues, aiming to boost the industrial sector.
The Punjab government has approved a one-time settlement (OTS) scheme to help 1,145 industrialists clear their dues on industrial plots allotted before January 2020 due to increased land costs.
The scheme allows defaulters to pay a simple interest rate of 8% with waived penal interest, aiming to improve Punjab's industrial environment and attract new investments.
The Rs 200 crore policy will run until December 2025, with the revenue to be reinvested into industrial infrastructure.
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Punjab ofrece a los industriales un acuerdo de una sola vez para pagar las cuotas, con el objetivo de impulsar el sector industrial.