PHDCCI delegation calls on Pr Secy I&C
Excelsior Correspondent
JAMMU, Nov 18: The PHD Chamber of Commerce and Industry Jammu Chapter (PHDCCI) delegation, led by Rahul Sahai (Chairman) called on Principal Secretary, Industries and Commerce Department, J&K, Prashant Goyal and discussed the issues concerning trade and industry fraternity.
Sahai accompanied by the delegation along with Samar Dev Singh Charak, Shantnu Gupta, Anil Sharma, Raj Dua, Arush Mahajan, Vipluv Gupta, members of PHDCCI Jammu Chapter and Amarpreet Singh, Resident Officer PHDCCI Jammu Office met Prashant Goyal and discussed various issues of their interest.
Sahai, apprised Goyal about the activities of PHD Chamber of Commerce & Industry in J &K and nationwide. He said that there is a dire need to develop much needed power infrastructure as per the requirements of the new industries near SICOP / SIDCO and Private Industrial Estates and that too from Industry feeder. He recommended that power tariffs for the industries should not be increased as new and existing industries would become unviable, disinterested in investing due to the hike in power tariff.
For the development of new Government Industrial Estates, he suggested that New Industrial Estates should be developed in a time bound manner and if it takes time then date of commencement /production of new industry in scheme should be extended.
Sahai pointed out that change of land use (CLU) is a big issue for Private Industrial Estates and it is taking too much of time, getting NOC’s is a big hassle .There are lot of NOC’s required for conversion of a private land to Industrial land. He suggested to have a single window for getting those NOC’s done so that more and more private industries could start production at the earliest.
Sahai said there was a difference between incentives for existing industry when we compare from the new Centre’s Industrial policy for new coming industry, specially GST linked incentives. He suggested to redesign J&K’s Industrial Policy at par with new Central Industrial Policy so that left out incentives of GST could be given to existing industry.
He said there are still too many power cuts and trips and requested to upgrade power infrastructure. He requested to take up the matter of free hold rights of units after 15 years by taking charges as Corporations are short of funds and unit holders would be benefitted by having higher valuations for funding from banks.
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