ABC News
November 24 2023.
125th meeting of PSIC Board was held under the chairmanship of Provincial Minister for Industries and Commerce SM Tanveer. The 15-point agenda was considered in the meeting held in the committee room of Punjab Small Industries Corporation. The board discussed PSIC Employees Welfare Scheme, medical policy, PSIC Hajj Policy and approved other administrative and financial matters. The Board approved the sale of plots in Small Industrial Estates of Jhelum and Taxila. The Board approved the PSIC Voluntary Fund Rules 2023. The board also approved the revised PC-I and the renovation work of the Business Facilitation Center of the PSIC house. In the meeting, it was also approved to increase the honorarium of the members of the PSIC Board from 15 thousand to 25 thousand rupees. The board directed to send the committee to again review the PSIC Transport Policy. Provincial Minister for Industries and Commerce SM Tanveer while addressing the meeting directed that all the matters and affairs of PSIC should be conducted according to the rules adding that the process of auction of plots in Jhelum and Taxila should be completed in a transparent manner. SM Tanveer said that colonization of industrial estates is the first and foremost priority of the government. Investors will be given all possible facilities to set up new factories in the industrial estates. Secretary Industries & Commerce Ehsan Bhutta, MD PSIC, DMD and other Board members participated in the meeting.
