Punjab to talk to industrialists on advance security deposits issue

Jalandhar, Dec 29 | Updated: Dec 31 2007, 06:20am hrs
Punjab government is ready to talk to agitating industrialists in order to find solution for their problem, said chief minister Prakash Singh Badal on Sunday. The industrialists were against the imposition of advance security deposits by the state electricity board.

Addressing the reporters here, Badal said the decision regarding the imposition of the advance security deposits had been taken by the state electricity regulatory authority and the government cannot interfere in it. The government is ready to help the traders if they file an appeal against the order of the authority, he added.

"The government cannot initiate the process of appeal but if the traders do so we assure them that whatever is needed will be done by the government to recommend their case," Badal said.

He also said the orders of the regulatory authority are binding on the government just like that of the high court. The government is totally helpless in the matter to help the people, he added.

However when asked about the orders of the regulatory authority to collect the dues of about Rs 400 crore, he evaded the query.

Badal held the previous Congress regime responsible for the deteriorating economic position of the state and said that due to the party's misrule, Punjab which was number one in the economic growth has slipped down to the fifth-sixth position.