Over 1,000 industrialists to benefit from OTS scheme: Arora

Leading industrialists under the banner of Apex Chamber of Commerce and Industry (Punjab) led by the Chamber’s president Rajnish Ahuja and convener Rahul Ahuja on Wednesday thanked MP Sanjeev Arora for getting the state government introduce a one-time settlement (OTS) scheme to resolve pending cases for providing long-awaited relief to industrialists.

Addressing a press conference here, industrialists said the growth of the industry was badly hampering, adding that they were pursuing to resolve this issue since 2016.

Arora added that around 1,145 industrialists across Punjab will benefit from this scheme. “These industries employ thousands of workers and the financial relief provided by the OTS scheme will stabilise businesses, prevent closures and create employment opportunities,” he said.