Tribune News Service

Ludhiana, June 30

A delegation of FICO today met and felicitated Gurpreet Bassi, chairman, Punjab Small Industries and Export Corporation (PSIEC) for his efforts in extension of the amnesty scheme to September 30, 2021.

The last date of the amnesty scheme to pay enhancement charges for Focal Point, Phase VIII, was fixed for June 30 but due to the second wave of Covid-19, FICO and other industrial bodies had requested for extension.

Second wave of covid worsened situation

  • The last date of the amnesty scheme to pay enhancement charges for Focal Point, Phase VIII, was June 30 but due to the second wave of Covid, the FICO and other industrial bodies had requested for extension.

Focal Point Mangli president Vikram Singh said the extension was need of the hour as the second wave had affected their businesses badly and the MSME industry was facing a crunch of funds.