Date: Friday, 30-December-2016, 9:49 AM | Message # 1
How Ludhiana, Punjab's Industrial Hub, Has Been Hit By Notes Ban
The heart of Punjab's industries is Ludhiana. But speak to any small or large scale industrialist in the city today and it is the same story - the centre's notes ban has slowed down business. On December 16, an industrial body of Punjab, the Chamber of Industrial and Commercial Undertakings or CICU protested against notes ban. A delegation even met Finance Minister Arun Jaitley in Delhi claiming over 30 per cent of the workforce has left Punjab for their native states and 50 per cent production of the industry in almost all verticals has suffered.