Power tariff at Rs 5 per unit; and more
Following the Punjab and Haryana high court’s restrictions on bursting of crackers ahead of Diwali, the UT administration on Sunday banned manufacture, sale and use of noisy crackers. District magistrate Ajit Balaji Joshi issued the orders under Section 144 of the Criminal Procedure Code (CrPC), which empowers him to take pre-emptive measures in urgent cases of apprehended danger. These will remain in effect till October 26. Read full story here
The council of ministers in Punjab on Monday approved the New Industrial and Business Development Policy 2017, paving way for fixing of industrial power tariff at Rs 5 per unit and a one-time settlement of industrial loans. The tariff at present is up to Rs 8 per unit. The creation of a Rs 100 crore fund to promote start-up culture, establishment of a skills university and industry-specific skill development centres, are other highlights of this policy.