During Covid crises, over 14,000 industries closed down In Punjab
The Covid-19 pandemic proved catastrophic for the state industry as a total of 14,429 units shut down during this period, reveals the data shared by the All India Trade Forum (AITF). The data has been compiled from the annual revenue report of Punjab State Power Corporation Limited (PSPCL).
With electricity being the base raw material for industries, the data reveals that during the Covid pandemic, as many as 10,617 small power, 3,210 medium power and 422 large power units were closed in the state.
“But the state government never turned up to give any relief to the industries. The load of small power connections decreased from 10,99,243 KVA to 10,55,227 KVA and that of medium industries from 20,29,163 KVA to 16,08,963 KVA and from 67,52,580 KVA to 58,74,316 KVA of large industrial units,” said Badish Jindal, president of theAITF.
The
data reveals that in 2012, the number of small power connections was
90,372, which is now 91,546. The number of medium connections was 26,361
and in 2021, it increased to merely 29,069.