Punjab's industrialists, MLAs owe crores to two PSUs

Even as the Punjab government proposes a new one-time settlement (OTS) policy for industrial defaulters, more than Rs 250 crore that its two top public-sector undertakings (PSUs) invested 20 years ago in private projects to revive industry in the militancy period remains stuck.The public money extended then has not been paid back by the beneficiaries. Top names on the defaulters’ lists include Congress legislators Rana Gurjit and Kewal Dhillon; party general secretary Fateh Jang Bajwa; and industrialists Rajinder Gupta (Trident), Kimti Lal Jain (Arihant ), AS Bindra (Punjab Meats), and RK Garg (Indian Acrylics).