Punjab Plywood Manufacturers’ Association (PPMA) has sought to the central government to put the plywood industry in the special category and reduce the interest rate by 2 percent because plywood industry has been considered as the agro-based industry. They asked the government to direct financial institutions and banks to reduce the interest rate. Mr. Ashok Juneja, Chairman, PPMA addressing a meeting of plywood producers of state-organized recently in Ludhiana said, “Plywood had been duly declared by the government as an agro-based industry but no concessional treatment was given to it.”
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