FoIJ submits memorandum to PSC on Home Affairs

Excelsior Correspondent

JAMMU, Aug 18: Lalit Mahajan, Co-Chairman, Federation of Industries, Jammu and president, Bari Brahmana Industries Association presented a memorandum to the Anand Sharma, Chairman, Parliamentary Standing Committee on Home Affairs in the presence of other Members of Parliament of both the Houses, Ranjan Prakash Thakur, Principal Secretary Industry & Commerce and Ajit Bawa (Co-Chairman FoIJ) on behalf of Industries fraternity at Srinagar today.
On behalf of Industrial fraternity, Lalit Mahajan conveyed gratitude to BJP Govt at the Centre for grant of Fiscal Incentives for the Industrial Sector of J&K as per the notification issued by Ministry of Commerce and Industry Govt of India as per the Industrial package 2021 and Industrial fraternity of Jammu & Kashmir, termed it as a beginning of new era of Development & Industrialization.
He said FoIJ hopes that the Industrialization will achieve a new height in the coming days in J&K UT to provide employment opportunities to the local youths as well as overall growth in the state economy as we are expecting the huge Investment in Industrial Sector of J&K on the basis of Rs 28,400 crores Central Industrial Package announced by Govt of India.
During meeting Mahajan highlighted various issues including establishment of Mother Industry in Union Territory of Jammu & Kashmir, compulsory purchase by Central Govt Organizations, reimbursement of Road Freight Incentives for the dispatch of Industrial goods for domestic as well as export to other countries from Union Territory of Jammu & Kashmir and establishment of Export Promotion Industrial Parks/ SEZ,s in Union Territory of Jammu & Kashmir.
Mahajan also conveyed thanks to the Lt Governor Manoj Sinha, Chief Secretary Arun Kumar Mehta and Principal Secretary Industry & Commerce, J&K, R P Thakur for the issuance of Industrial friendly Jammu & Kashmir Industrial Policy 2021-30 with the grant of Fiscal Incentives to existing industrial units which will provide a great relief to the existing Industrial Sector working in Union Territory of Jammu & Kashmir.