Excelsior Correspondent
JAMMU, Apr 11: A delegation of Federation of Industries Jammu (FoIJ) under the Chairmanship of TS Reen, Chairman FoIJ along with Lalit Mahajan and SC Dutta Co-Chairman, met the SCL Das, Secretary, Ministry of Micro, Small & Medium Enterprises, Govt of India in presence of Amit Kumar Tamaria, Joint Director, Ministry of Micro, Small & Medium Enterprises, Govt of India at his office at New Delhi.
During the meeting, members requested the Secretary MSME for providing hand holding support by MSME Ministry, Govt of India for the survival of existing industrial units who were suffering very badly due to dilution of Fiscal Incentives in post GST regime and Industrial Policy 2021-30 of Union Territory of Jammu & Kashmir resulting thousands of such units may face closure in near future as it is not possible for them to compete with the outside suppliers due to higher transportation cost of raw materials, limited marketing avenues within the State due to hostile borders.
It was also brought to the notice of Secretary MSME that all the previous packages of incentives notified by Ministry of Industries & Commerce from time to time since 2004 onward, all the Fiscal Incentives were granted to existing units under substantial extension at par with new units whereas under the NCSS-2021 Scheme notified by Ministry of Industries & Commerce Govt. of India in 2021, the GST linked incentive was not granted for the existing units resulting majority of existing units on the verge of closer.
Members present in the delegation highlighted the various issues related to survival of existing Industrial sector of J&K which includes request for the enhancement in Budgetary allocation for the reimbursement of turnover Incentives to existing units as per Govt. order No- 127- Ind of 2021 dated 21-05-2021, grant of GST linked incentives to the existing manufacturing units undertaking substantial expansion after 01-04-2021 in respect of enhanced capacities and addition of new products, reimbursement of road freight for the purchase of raw materials by local existing units, price/purchase preference to local MSME units in State/Central Govt purchases, exemption to MSME units from the preview of ESI Act having less than 20 employees at par with Employees Provident Fund Organisation Act.
Secretary gave a patient hearing to the issues raised by members of FoIJ and said that Ministry is very keen for the development of MSME Units in Union Territory of Jammu & Kashmir.
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