Tribunal: OTS scheme encourages loan default
Chandigarh, November 25
In a significant decision that could spell trouble for big industrial houses and their politician accomplices’ efforts to be excused from paying back huge loans taken from banks and financial institutions for their industries, the Debts Recovery Tribunal (DRT), Chandigarh, has come down heavily on such intents.
Rip-off — II
Industry owes Rs 1,780 cr to PSIDC
Chandigarh, November 25
Companies owned by who’s who of the region are on the list of defaulters, owing crores of rupees to the Punjab State Industrial Development Corporation, industry-aiding arm of the Punjab Government.
generosity fattens 43 units
PSEB’s 2,380-cr plan to cut losses
Patiala, November 25
The Punjab State Electricity Board management has sanctioned a high voltage distribution scheme worth Rs 2,380 crore to minimise technical and commercial losses, which has been causing huge financial loss to it. The PSEB will take a loan of Rs 2,380 crore from Rural Electrification Corporation for implementing the same.
Vinash, not Vikas Yatra: Mittal
Abohar, November 25
Mr Madan Mohan Mittal, former state president of the BJP, has said that the crowd that “greeted” the Chief Minister, Capt Amarinder Singh, during “Vinash Yatra”, as he puts it, were managed by patwaris and other officials of the Revenue Department.
Speculation rife over Garg’s candidature
Bathinda, November 25
The SAD high command's move to postpone a rally being held by ex-Akali minister and party ticket aspirant from Bathinda, Mr Chiranji Lal Garg, has fuelled speculation on the SAD nominee from the Assembly constituency of Punjab Finance Minister Surinder Singla.
Zila panel’s drive against Cong
Ropar, November 25
The Zila Bachao Sangharsh Committee has decided to campaign against the Congress for the coming Assembly elections in the state claiming that Chief Minister Amarinder Singh has failed to fulfil his promise of compensating the Ropar district for carving out Mohali as a separate district from it.
Govt handicraft centre to come up near Hoshiarpur
Hoshiarpur, November 25
The Government of India has approved the Handicraft Development Centre at Boothgarh village, about 7 km from here, on the Hoshiarpur-Chandigarh road under the United Nations Development Programme and Ministry of Tourism, Government of India’s Rural Tourism Scheme.
Memorial to students’ uprising in
Moga, November 25
The silently decaying building of the Regal cinema here which stood witness to students’ uprising of Punjab in 1972, that virtually had brought the state to a halt,
is in shambles
Scooter rally against drugs
Sangrur, November 25
Local chemists, under the banner of Chemists and Druggists Association, Sangrur, took out a rally on scooters against drugs yesterday. Led by Mr Narinder Gupta, president of the association, the rally was organised to spread awareness among the people, especially youths, against adverse effects of drugs.
DIG’s death: Probe sought