Provincial Minister for Industries and Trade Mian Aslam Iqbal chaired the 114th meeting of the board of directors of Punjab Small Industries Corporation on Wednesday at PSIC committee room and approved an incentive package for setting up industrial units by plots allottees in different small industrial estates. The deadline ending on December 31, 2020, has been extended to 30-06-2021 for setting up industrial units by allottees in industrial estates under small industrial estates policy, 2019. Under the package, the allottees completing their industrial units within the stipulated period will be given a 50 per cent discount in the admissible non-development charges. The government has provided the opportunity to plots allottees to set up their industrial units due to coronavirus and the plots will be cancelled in case of failure in setting up industrial units, the minister warned. The PSIC board also approved to establish a handicrafts development centre in Vohwa area of Taunsa Tehsil in DG Khan to train the local women. The minister directed to observe rules for hiring a consultant for an engineering consultancy in PSIC building and demanded to provide a performance report of the regional directors. Addressing the government, the minister emphasized that 100 per cent colonization of industrial estates is a policy of the Punjab government. It would promote trade and economic activities, he said. He pointed out that an incentive package has been announced for the allottees of small industries estates and the industrialists can benefit from the Punjab Rozgar Scheme as well. He further directed that private universities should also be included in the programme of setting up R&D centres in universities. Additional secretary industries, MD PSIC and board members attended the meeting.