Punjab govt notifies SVP for upkeep of Ludhiana focal point

Punjab government has notified the creation of Focal Point Industrial Infrastructure Development Association Phase-IV Ludhiana as Special Purpose Vehicle (SPV) for its upkeep and maintenance.
The state government had adopted the SVP route in consultation with allottees to involve them in upkeep and maintenance of focal points, Industries and Commerce Minister Madan Mohan Mittal said.
He said the state government was getting several complaints regarding poor upkeep of Focal points as multiple agencies were responsible for their maintenance.
Mittal said right from PWD, Irrigation Department, Municipal Corporation, Electricity Department and many other departments were given specific tasks for upkeep and maintenance of Focal Points, but the work was suffering due to lack of coordination between different agencies.

The SPV route, all allottees of Focal Point IV of Ludhiana have been made stakeholders and it would be collective responsibility of SPV to maintain their own focal point, the Industries Minister said.
He said that according to the notification issued under Common Infrastructure (Regulation and Maintenance) Act 2012, Principal Secretary Industries and Commerce would be the appellate authority of SPV and General Manager District Industry Center in the respective district would be the competent authority.
The Minister said that after success of SPV model in Ludhiana Focal Point, the state government would replicate this model in other focal points of the state also.